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Showing posts from May, 2017

gk booster

GK LINER 1)World press freedom day is celebrated on every year , 3rd may . It is celebrated by UNESCO (United Nations Educational, scientific and cultural organization.) HQ of UNESCO : Paris, France. Formation : 16 Nov 1945. And 195 countries are members of this organization. Theme of 2017 world press freedom day is "Critical minds for critical Times: Media's Role in Advancing peaceful , just and inclusive societies".                           This International day was proclaimed by the UN General Assmebly in 1993. BY following a Recommendation adopted at the 26th session of UNESCO's conference in 1991. 2)Madhya Pradesh become 1st state to shift to January to december financial year .This move breaks 150 year old tradition as India started adopting the April-March financial year from 1867. 3...

gk booster

GK LINER 1)World press freedom day is celebrated on every year , 3rd may . It is celebrated by UNESCO (United Nations Educational, scientific and cultural organization.) HQ of UNESCO : Paris, France. Formation : 16 Nov 1945. And 195 countries are members of this organization. Theme of 2017 world press freedom day is "Critical minds for critical Times: Media's Role in Advancing peaceful , just and inclusive societies".                           This International day was proclaimed by the UN General Assmebly in 1993. BY following a Recommendation adopted at the 26th session of UNESCO's conference in 1991. 2)Madhya Pradesh become 1st state to shift to January to december financial year .This move breaks 150 year old tradition as India started ado...

gkpointer

Todtay gk liner 1)The Masala bonds refer to rupee-denominated bonds through which Indian entities can raise money from foreign markets in rupee, and not in foreign currency. Basically, they are debt instruments that are typically used by corporates to raise money from investors. The issuance of rupee denominated bonds, Indian entity is protected against the risk of currency fluctuation, typically associated with borrowing in foreign currency. Masala bonds also help in internationalization of the rupee and in expansion of the Indian bond markets. These bonds are usually traded on the London Stock Exchange (LSE) and not in India.  Note The first Masala bond was issued by the International Finance Corporation (IFC), the investment arm of the World Bank dubbed as Uridashi Masala Bonds in November 2014. The Housing Development Finance Corporation (HDFC) was the first Indian company to issue rupee-denominated bonds “masala bonds” on London Stock Exchange (LSE) in July 2016. Internationa...

gkpointer

Todtay gk liner 1)The Masala bonds refer to rupee-denominated bonds through which Indian entities can raise money from foreign markets in rupee, and not in foreign currency. Basically, they are debt instruments that are typically used by corporates to raise money from investors. The issuance of rupee denominated bonds, Indian entity is protected against the risk of currency fluctuation, typically associated with borrowing in foreign currency. Masala bonds also help in internationalization of the rupee and in expansion of the Indian bond markets. These bonds are usually traded on the London Stock Exchange (LSE) and not in India.  Note The first Masala bond was issued by the International Finance Corporation (IFC), the investment arm of the World Bank dubbed as Uridashi Masala Bonds in November 2014. The Housing Development Finance Corporation (HDFC) was the first Indian company to issue rupee-denominated bonds “masala bonds” on London Stock Exchange (LSE) in July 2016. Int...