Role and Functions of Reserve Bank of India

Role of RBI Pre-reform Post-reform Developmental Role: the developmental role has increased in view of the changing structure of the economy with a focus on SMEs and financial inclusion Priority Sector Lending: Introduced from 1974 with public sector banks. Extended to all commercial banks by 1992 In the revised guidelines for PSL the thrust is … Read more Role and Functions of Reserve Bank of India

28-29.01.18 Mizoram(MizoramPSC) Current Affairs

NORTH-EASTERN STATES Northeast children dominate list of bravery award winners   Four children from Nagaland, two from Mizoram and one of each from Manipur and Meghalaya are among the 18 bravehearts honoured with the National Bravery Awards 2017.   Among the eight from the northeastern states, two — F. Lalchhandama from Mizoram and Km Loukrakpam … Read more 28-29.01.18 Mizoram(MizoramPSC) Current Affairs

The Indus Valley Civilization : Origin, antiquity, extent, authorship and main features

Indus Valley Civilization   Indus Valley Civilization was the first major civilization in south Asia, which spread across a vast area of land in present day India and Pakistan (around 12 lakh sq.km). The time period of mature Indus Valley Civilization is estimated between BC. 2700- BC.1900 i.e. for 800 years. But early Indus Valley Civilization had … Read more The Indus Valley Civilization : Origin, antiquity, extent, authorship and main features

03.02.18 Mizoram(MizoramPSC) Current Affairs

NORTH-EASTERN STATES Arunachali yak the first to be registered as new breed   Yaks, found in the mountainous regions of Arunachal Pradesh, have been registered by the Karnal-based National Bureau of Animal Genetics Resources (NBAGR) as a distinct breed known as Arunachali yak, this being the first instance of such a registration in the country. Union … Read more 03.02.18 Mizoram(MizoramPSC) Current Affairs