List of Major Countries and their Currencies

1) India: Rupee
2) Pakistan : Pakistan Rupee
3) Bangladesh: Taka
4) USA: Dollar
5) China: Renminbi (yuan)
6) Japan: Yen
7) Korea: WOn
8)Indonesia: Rupiah
9) Maldives: rufiyaa
10) Iraq: Irazi Dinar
11) Iran: Rial
12) Saudi Arabia: Riyal
13) Uniked Kingdom: Pound
14) Russia: Rubble
15) UAE: Dirham
16) Bhutan: Nagultrum
17) Australia: Aurtralian Dollar
18) Frnace: Fran
19) Sri Lanka: Sri Lanka Rupee
20) Brazil: Real
21) Germany: Euro
22) Italy: Euro
23) Philipines: Peso
24) Vietnam: Vietnamese dong
25) Myanmar: Burmese kyat

       FINANCE RELATED PARLIAMENTARY TERMS 

1. BUDGET :-
Annual Financial statement of the estimated receipts and expenditure of the Government of India for a financial year
2. DEMAND FOR GRANT :-
The estimate of expenditure in respect of a Ministry/Department not charged upon the Consolidated Fund of India, placed for approval before the House on the recommendationsof the President.
3. FINANCE BILL :-
A Bill ordinarily introduced each year to give effect to the financial proposals of the Government for the following financial year
4. MONEY BILL :-
A bill containing only provisions dealing with all or any of the matters specified in sub-clauses (a) to (g) of Clause (1) of Articel 110 of the Constitution. (Such a bill cannot be introduced without the recommendation of the President and it also cannot be introduced in the Rajya Sabha.
5. APPROPRIATION BILL :-
A Bill passed annually (or at various times of the year) providing for the withdrawal or appropriation from and out of the Consolidated Fund of India of moneys by Lok Sabha and moneys charged on the Consolidated Fund for the services of a financial year or a part thereof.
6. CUT MOTION :-
A motion for reduction of a demand for grant by or to a specified amount. Cut motion can be of three types - Disapproval of policy cut, Economy cut and Token cut
7. VOTE ON ACCOUNT :-
A grant made by Lok Sabha in advance in respect of the estimated expenditure of the Government of India for a part of a financial year pending the voting of Demands for Grants for the financial year. A Motion for Vote on Account is dealt with in the same way as if it were a demand for grant.

                NEW APPOINTMENTS IN 2013.

1. Sujata Singh – New Foreign Sec. She succeeded Ranjan Mathai
2. Justice P Sathasivam - New CJI(40th Chief Justice of India). He Succeeded Altamas Kabir’s
3. Avinash Chander - New Defence Research and Development Organisation (DRDO Chief) replaced V. K. Saraswat
4. Infosys appoints Narayana Murthy as Executive Chairman
5. Sunil Soni – New Director General of Bureau of Indian Standards
6. Shashi Kant Sharma - New Comptroller and Auditor General (CAG) of India, replaced Vinod Rai.
7. Kushal Singh - New Chairperson of National Commission for Protection of Child Rights (NCPCR) –
8. Justice Sanjay Kishan Kaul- takes oath as new CJ of Punjab & Haryana high court
9. Sudha Sharma: New CBDT chief (Central Board of Direct Taxes). She succeeded Poonam Kishore Saxena
10. K R Kamath Re-Elected as the Chairman of Indian Banks' Association (IBA)
11. SK Roy- New Chairman of Life Insurance Corporation
12. Asian Athletics Association President's - Dahlan Jumaan Al-Hamad
13-Who is Chairperson of National Women Commission? Ans) Ms Mamta Sharma

>> IMPORTANT CURRENT AFFAIRS : 22.09.2013 <<*******************************************

1. Top China Communist Party leader Bo Xilai was on 22 September 2013 sentenced to life imprisonment by a Chinese court which upheld the charges of bribery, embezzlement and abuse of power against him.

2. Justice Darmar Murugesan, the former Chief Justice of Delhi High Court on 21 September 2013 appointed as member of the National Human Rights Commission (NHRC) for a five-year term.

3. Kenya's president says that 39 people have been killed and more than 150 injured by armed terrorists who attacked an upscale mall in Nairobi.

4. A pair of suicide bombers detonated their explosives outside a historic church in northwestern Pakistan on Sunday, killing 75 people in the deadliest-ever attack on the country's Christian minority, officials said.

5. Red Bull's Sebastian Vettel cruised to a third straight Singapore Grand Prix victory on Sunday and moved 60 points clear of Ferrari's Fernando Alonso after a dominant drive under the floodlights at the Marina Bay Street Circuit.

6. Govt. laid the foundation stone of the HPCL Rajasthan Refinery & Petrochemicals Complex at Pachpadra in Barmer district of Rajasthan today. The refinery being set up at an estimated cost of over 37 thousand crore rupees is expected to commence oil production in 2017-18.

7. IAS officer Durga Shakti Nagpal's suspension revoked by Uttar Pradesh government.

8. State-owned steel maker Steel Authority of India Limited (SAIL) plans to invest around Rs. 800 crore to develop Bhilwara iron ore mine in Rajasthan and set up a pellet plant with 2 million tonne per annum capacity at the site.

9. The Reserve Bank of India rolled back the marginal standing facility rate (MSF) by 75 basis points from 10. 25 per cent to 9.50 per cent. MSF rate is the rate at which banks borrow funds overnight from the RBI against approved Government securities.

10. Over the last decade, the US has made considerable forays into the Indian defence market, bagging deals worth Rs 45,000 crore and waiting to sign more contracts worth nearly Rs 30,000 crore in the next couple of years.

****Important information on Nationalised 

Banks****

1.The oldest Joint Stock Bank of India --Allahabad Bank

2. The bank founded by Freedom Fighter Dr. Bhogaraju Pattabhi Sitaramayya --Andhra Bank

3. First bank to open a branch outside India -- Bank of India, London, 1946

4. The first bank to be given an ISO 9002 certificate for one of its branches --Canara Bank

5. The Postal Dept has issued a commemorative stamp in the name of this bank celebrating 100 years in 2011 --Central Bank of India

6. First Indian Bank to be wholly owned by Indians--Central Bank of India

7. The bank formed on the efforts of Lala Lajpat Rai --Punjab National Bank

8. The only merger of nationalised banks took place between --Punjab National Bank and New Bank of India in 1993

9. The bank whose brand equity is "Pygmy Deposit Scheme" --Syndicate Bank

10. The bank which was conceived by Shri GD Birla --UCO Bank

11. The bank which was inaugurated by Mahatma Gandhi in 1919 -- Union Bank of India

12. The largest among nationalised banks --Punjab National Bank

13. The bank established in the year 1913 as Bank of Mysore Ltd. at the instance of the banking committee headed by the great Engineer-Statesman, Late Dr. Sir M.Visvesvaraya -- State Bank of Mysore

Company Name Origin/Meaning …

1.Mercedes - Name of the daughter of the
founder

2.Nokia - Name of city in Finland

3.Pepsi - Named from the digestive enzyme
pepsi

4.Honda - From the name of its founder
Soichiro Honda

5.Sony - from the Latin word 'sonus'
meaning sound

6.Maggi - Food company named after its
founder,Julius Maggi

7.Suzuki - From the name of its founder,
Michio Suzuki

8.Samsung - Meaning 'three stars' in Korea

9. Toyota - From the name of founder,
Sakichi Toyoda

10.Yamaha - After Torakusu Yamaha, who
founded the company

11.Adidas - From the name of the founder
Adolf (Adi) Dassler. (das)

Important Committees on Banking & Finance

1 DR Gadgil Committee (1944) — Agricultural Finance
2 Mahalanobis Committee (1964) — National Income
3 DR Gadgil Committee 1968— Social approach on banking review of institutional condition
4 FKF Nariman Committee 1969— Branch expansion programme
5 Hathi Committee 1970— Soiled Bank Notes
6 Chatalier Committee 1970— Finance to small scale industry
7 Khusro Committee 1970— Small village and cottage industry
8 Dandekar Committee 1970— Regional imbalances
9 Varshney Committee 1975— Revised method for loans of Rs.2 lac or more
10 N Narsimhan Committee 1975— Establishment of RRBs
11 CE Kamathv Committee 1976— Multi-institutional approach in Agr finance
12 Dr RK Hajari Committee 1976— Coordinationn between coop credit institutions
13 NL Dantwala Committee 1978— Viability of RRBs
14 James Raj Committee 1978— Systems and procedures of working in PSBs
15 Baldev Singh Committee 1978— Simplification of loan