IIFA Awards 2017: List Of Winners

The International Indian Film Academy (IIFA) Awards 2017 is being held in New York, with Karan Johar and Saif Ali Khan being the hosts of the evening.

Money Market

A money market is a market for borrowing and lending of short-term funds. It deals in funds and financial instruments having a maturity period of one day to one year. It is a mechanism through which short-term funds are loaned or borrowed and through which a large part of financial transactions of a particular country or of the world are cleared.

  It is not a single market but a collection of markets for several instruments like call money market, Commercial bill market etc. The Reserve Bank of India is the most important constituent of Indian money market
In money market the players are :-Government, RBI, DFHI (Discount and finance House of India) Banks, Mutual Funds, Corporate Investors, Provident Funds, PSUs (Public Sector Undertakings), NBFCs (Non-Banking Finance Companies) etc.

GS Notes- Bank Board Bureau (BBB)

Bank Board Bureau (BBB)

BBB is the super authority (autonomous body) of eminent professionals and officials for public sector banks (PSBs). It had replaced the Appointments Board of Government. It is set up in April 2016 as part of seven point Indradhanush Mission to revamp the Public Sector Banks (PSBs). 

Heads of 7 PSU Banks Appointed

In a major restructuring in the banking sector, Appointments Committee of the Cabinet (ACC), headed by Prime Minister Narendra Modi appointed heads of seven public sector banks besides shifting managing directors of PNB and Bank of India.

GS Notes- Cultural institutions of India

In this post we are sharing list of cultural institutions of India which are very important for exam purpose.