bank

DMPQ:What is New Development Bank and explain its mandate? (International organisation)

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The New Development Bank (NDB), formerly referred to as the BRICS Development Bank, is a multilateral development bank established by the BRICS states (Brazil, Russia, India, China and South Africa). The Bank supports public or private projects through loans, guarantees, equity participation and other financial instruments. It is headquartered in Shanghai, China. The first regional … Read more DMPQ:What is New Development Bank and explain its mandate? (International organisation)

DMPQ- European Bank for Reconstruction and development.

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It was set up after the fall of the Berlin wall to promote private and entrepreneurial initiative in emerging Europe.   HQ – London.    EBRD is owned by 66 countries and two EU institutions i.e EU & EIB.   US is the biggest shareholder.   Besides Europe, member countries of the EBRD are also from other continents – … Read more DMPQ- European Bank for Reconstruction and development.

DMPQ:Asian Infrastructure and Investment Bank.

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It is a multilateral financial institution which brings countries together to address the daunting infrastructure needs across Asia. It is headquartered at Beijing.    The membership in AIIB is open to members of the International Bank for Reconstruction and Development or the Asian Development Bank.  It has authorized capital of US 100 billion dollars and subscribed … Read more DMPQ:Asian Infrastructure and Investment Bank.

DMPQ- Write a short note on Blood Bank.

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Blood bank is a place where blood is collected from donors, typed, separated into components, stored, and prepared for transfusion to recipients. A blood bank may be a separate free-standing facility or part of a larger laboratory in a hospital. Separation of blood Typically, each donated unit of blood (whole blood) is separated into multiple … Read more DMPQ- Write a short note on Blood Bank.

DMPQ:What is bad bank? Why there is need of Bad bank?

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Bad bank or PARA (Public Sector Asset Rehabilitation Agency) was proposed in Economic Survey 2016-17. Bad Bank is an institution which specializes in loan resolution process, so that banking system is free to focus on core banking solutions. Need for PARA According to Economic Survey, need for PARA arises because: Early resolution so that Funds for creation … Read more DMPQ:What is bad bank? Why there is need of Bad bank?

Role of World Bank, IMF WTO & other Important International Organisations in world Economy:-

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The International Bank for Reconstruction and Development (IBRD), commonly referred to as the World Bank, is an international financial institution whose purposes include assisting the development of its member nation’s territories, promoting and supplementing private foreign investment and promoting long-range balance growth in international trade. The World Bank was established in December 1945 at the … Read more Role of World Bank, IMF WTO & other Important International Organisations in world Economy:-

Ancient History Question Bank

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1- The Rigvedic deity not found in Avesta is: (a) Indra (b) Varuna (c) Agni (d) Mitra   2- The concept of ‘Brahma’ started with: (a) Brahmanas (b) Aranyakas (c) Upanishads (d) Vedas Who wrote ‘Natya Shashtra’? (a) Bhavbhuti (b) Matang (c) Bharat Muni (d) Bharavi Most of Smritis have been written in verse. Which … Read more Ancient History Question Bank