Reserve Bank proposes to shore up bank boards

News: The Reserve Bank of India(RBI) has issued a discussion paper on ‘Governance in Commercial Banks’.The discussion paper aims to create a clearly definable separation between the board and the management of a bank. Facts: Guidelines Coverage: The guidelines are applicable to private, foreign and public sector banks. It will come into effect within six… Continue reading Reserve Bank proposes to shore up bank boards

Explained: What is Challenger Deep, the deepest spot in the ocean?

News: Kathy Sullivan, known as the first American woman to walk in space has also become the first woman to reach a Challenger Deep. Facts: Challenger Deep: It is the deepest known point in the Earth’s oceans with a depth of around 10,984m.It is located in the Western Pacific Ocean at the southern end of… Continue reading Explained: What is Challenger Deep, the deepest spot in the ocean?

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