Cooperative banks brought under RBI supervision through ordinance

Cooperative banks brought under RBI supervision through ordinance

The Centre has decided to bring all urban and multi-State cooperative banks under the supervisions of the RBI to protect depositors. The Union Cabinet approved an ordinance to this effect. Daily Current Affairs Quiz 2020 Key-Points RBI’s powers on scheduled banks would be hence applicable on cooperative banks as well. The urban cooperatives and multi-State […]

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SEBI relaxed the preferential allotment pricing norms for companies

SEBI relaxed the preferential allotment pricing norms for companies

Securities and Exchange Board of India (SEBI) has relaxed the preferential allotment pricing norms for companies while tightening the insider trading regulations as part of its attempts to minimise instances of unpublished, price-sensitive information getting leaked. Daily Current Affairs Quiz 2020 Key-Points SEBI has allowed companies to use the higher of volume-weighted average of preceding

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Gravel geometry of the Indus River unravel its paleoclimatic history

Gravel geometry of the Indus River unravel its paleoclimatic history

Researchers from Wadia Institute of Himalayan Geology (WIHG), Dehradun, an autonomous institute under the Department of Science and Technology, Govt. of India, have traced the paleoclimatic history of the Indus River in Ladakh Himalaya with the help of geometric data from overlapping gravels of channel fills. Daily Current Affairs Quiz 2020 Key-Points They studied the

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Role of ancient algae in building a healthy global marine ecosystem

Role of ancient algae in building a healthy global marine ecosystem

A study on microscopic ancient marine algae named Coccolithophores, led by the National Centre for Polar and Ocean Research (NCPOR) has found that there is a decrease in the concentration of oceanic calcium carbonate (CaCO3) in the Southern Indian Ocean. This decrease in CaCO3 is attributed to the increase in the concentration of another single-celled

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