The first peasant movement in India was started in Bihar under the leadership of Swami Sahajanand Saraswati, who formed the Bihar Provincial... View Article
Mangal Pandey, a Sepoy in the 34th Bengal Native Infantry, is credited with starting the Sepoy Mutiny on 29th March 1857 when he refused to use... View Article
The Sepoy Mutiny started in earnest on 10 May 1857. It started when 85 members of the 3rd Bengal Light Cavalry were broken out of prison by their... View Article
The Sepoy Mutiny, although a major uprising, ultimately failed to dislodge the British from India. The British East India company would regain... View Article
As per British Administration records, about 6000 British died in the Indian Mutiny. The casualty count for Indians is at 800,000. This includes... View Article
The immediate result of the Sepoy Mutiny was a complete overhaul of the British Administration. The parliament of Britain held the East India... View Article
The minimum lending rate, below which a bank does not have the permission to lend is known as the Marginal Cost of Lending Rate (MCLR). It was... View Article
To rank nations based on easier, better and simpler regulations for businesses, the World Bank established a system for comparing and measuring... View Article
New Zealand holds 1st position in the ease of doing business ranking. It means New Zealand has the most favourable regulations for starting a... View Article
Scale of 0 to 100 is used to indicate the ease of doing business ranking. 100 indicates the best performance. However, a score of 80 indicates... View Article
Ease of Doing Business Index is a ranking of countries across the globe done by measuring and comparing the regulations which will affect the... View Article
In the 2020, ease of doing business index ranking, the number 1 ranked nation was New Zealand. The other top 5 ranked nations were Singapore,... View Article
In 2020, India was ranked in 63rd position in the Ease of Doing Business Index. In 2019, India was ranked in 77th position. Out of 10 indicators,... View Article
One of the disadvantages of core banking is there is very heavy reliance on technology, hence protecting the sensitive data is very crucial. You... View Article
E-kuber is the core banking solution of the Reserve Bank of India (RBI). Scheduled Urban Cooperative banks (UCBs), insurance companies,... View Article
Examples of core banking are processing credit and loans, deposits, mortgages, etc. These services are made available to the customers by the... View Article
The core banking solution of the Reserve Bank of India (RBI) is the E-kuber. It enables commercial banks to access their current account with the... View Article
As per the Reserve Bank of India Act,1934, the responsibility of monetary policy in India was given to the Reserve Bank of India (RBI). The... View Article