Indian Current Affairs Q&A: June-July-August 2011

India National General knowledge/Current affairs questions and answers occurred in the month of June-July-August 2011 . Basically these kind of questions are expected in general quiz exams or even sometime in business quiz to check the general knowledge.  National news General Knowledge question and answers: The place where India is setting up a Gamma Ray Telescope is Answer: Hanie (Leh) The winner of Mauritius Open Badminton...

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Implementation of New Technology in Indian Banking Industy

Now the Indian banking system is turning to a technology driven banking, thanks for the growing universalization and internalisation of banking operations. In the first major technology application was introduction of MICR in 1988.   List of New Technology Changes in Indian Banking System: Core Banking Systems: The introduction of Core Banking System (CBS).  The 5 main things which form part of Core Banking System is  General...

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Information Technology Companies Business Quiz Q&A

Click Here: INDEX PAGE: BUSINESS Quiz MATERIAL. Business Quiz questions and answers on Information Technology/ Computers Companies. Which was the first company in the world to manufacture computers for commercial use? Remington Rand Before 1924, famous company IBM was known as? Answer: Computer Tabulating and Recording company. In India, which was the first place where the computer was installed? Indian Statistical Institute,...

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Major Retail Players In Different Segments

A radical transformation is being observed in the organised retail market. The increase number of stores is an clear indication showing the growth of retail industry as emerging and has an huge scope and will boom in the near future. The retail companies has created a huge retail jobs and retail careers are being built. One study which is being given importance is retail management where even merchandising...

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Overview of Banking Sector - September.

Here updates will be done constantly, on recent happenings in the banking sector especially in India. In this post you can see the recent major changes/ initiative by the RBI or other banks in the month of August and September 2011.   Its just an overview of the Banking industry/sector current affairs. The RBI has come up with new guidelines (eligibility criteria) for the new banking license. Here is the New Eligibility Criteria for New Bank License. RBI has tightened the finance companies norms by increasing the capital requirement...

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Patent Laws, Rights and System: FTC

Patent rights promote innovation; give incentives to inventors to express their ideas by giving them assurance that ideas will be protected. The reason for this is to improve patent quality and to restrict relationship between competition and intellectual property.  Antitrust laws affect intellectual property in two restraints: Horizontal Restraint and Vertical Restraint. Horizontal restraint contains Patent Pooling which occurs...

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New Bank License Eligibility rules by RBI.

As the Reserve Bank of India has opened the new players to enter the banking sector, has given a hope for many private major players to enter the booming sector where the scope is very high for growth and huge potential as most of rural market is still untapped. The draft guidelines are being issued with regular modification with cautions and conditions for the purpose of laying a strong rules and regulations.  Few Eligibility criteria...

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Evolution of Indian Commodity Market.

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SEBI Regulation of the Indian Securities Market: Major Development

The importance, developments of SEBI on the Indian Capital market and the implication over the time on the various regulations and regimes introduced. The increasing scams, to regulate such scams a bill was passed in the parliament in 1992, giving birth to Securities Exchange Board of India (SEBI) Act 1992, an autonomous organization for reviewing, regulating the security market by introduction of various rules and regulations for market development. The major developments can be classified into three important things, The New guidelines...

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Major Indian Capital Market Reforms

The major Capital market reforms can be classified into three,         Change in the structure and functioning of Stock Exchanges.         Automation of Trading and Post trade systems.         Introduction of Surveillance and Monitoring systems. Market Surveillance and Monitoring systems were introduced to detect the Insider trading or market manipulation transactional activities and a protocols were established for investigation of abnormal stock fluctuations and...

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