Who has been appointed as managing director of IL&FS?
CS Rajan has been appointed Managing Director while Vineet Nayyar named as Executive Vice-Chairman of Infrastructure Leasing & Financial Services (IL&FS). Rest of the new board comprises of Bijay Kumar as the deputy managing director and GC Chaturvedi, Nand Kishore, Malini Shankar, and N Srinivasan as non-executive directors.
BIS and along with which IIT inks MoU on Standardisation and Conformity Assessment?
The Bureau of Indian Standards (BIS) has inked an MoU with the Indian Institute of Technology, Delhi (IIT-D) to collaborate in the field of standardisation and conformity assessment. The MoU was signed by IIT Delhi Director Professor V Ramgopal Rao and Director General of BIS Surina Rajan.
Which bank signed a pact with Bharti AXA for Insurance products?
Bank of India
Karnataka Bank has entered into an MoU with Bharti AXA Life Insurance Company to distribute the latter’s life insurance products. The bank will be able to provide a wide choice of life insurance products to its customers across 836 branches, supported by the products of Bharti AXA Life Insurance Company.
Recently which social media platform launched tip line to curb fake news?
None of these
WhatsApp launched an India-focused fact-checking feature to combat fake news and rumours starting with the run-up to the Lok Sabha elections. Developed in collaboration with India-based media skilling startup PROTO, the tip line feature will help create a database of rumours to study misinformation during elections as part of a research project commissioned and assisted by WhatsApp.
7th Foreign Office Consultations between India and Italy held in which city?
The 7th Foreign Office consultations between India and Italy were held in New Delhi. The Indian side was led by Secretary (West), Ministry of External Affairs, A. Gitesh Sarma. The Italian side was led by Director General of Global Affairs of the Ministry of Foreign Affairs of Italy, Luca Sabbatucci.
BSE signed a MOU with which international stock exchange to connect investor community?
New York Stock Exchange
Hong Kong Stock Exchange
Shanghai Stock Exchange
None of these
BSE (earlier known as Bombay Stock Exchange) and India International Exchange (India INX) have signed a memorandum of understanding with Moscow Exchange (MOEX) to connect investor community and companies in both countries besides allowing a capital formation platform.
RBI has tweaked LCR norms by what percentage to provide an additional to lenders?
In a bid to further improve the cash position of banks, RBI has tweaked Liquidity Coverage Ratio (LCR) norms to provide an additional 2% window to lenders. As per RBI Governor Shaktikanta Das, this move will harmonise the liquidity requirements of banks and release additional money for lending. LCR indicates the proportion of highly liquid assets held by banks to ensure their ability to meet short-term obligations.
Which country’s state has recently elected it’s first Black-Woman Mayor?
Chicago has created history by electing an African-American woman as its mayor for the first time. Lori Lightfoot, a 56-year-old former federal prosecutor and practicing lawyer won the city’s mayoral race by a huge margin. Lightfoot will take over office from Mayor Rahm Emanuel.
Which orgnisation has given approval to Paytm Money to start stock broking services?
Min. of Finance
None of these
The Securities and Exchange Board of India (SEBI) has given approval to Paytm Money the investment and wealth management platform of the mobile payments company to start offering broking services. It had applied for the licence in October 2018. Paytm Money has also received membership of NSE and BSE.
Which telecom operator got the licence to offer services on flights?
State-owned telecom service provider Bharatiya Sanchar Nigam Limited (BSNL) has received a licence from the Department of Telecommunications to provide Internet and mobile services on flights. BSNL and its satellite partner, Inmarsat, will be able to offer in-flight connectivity to airlines.