Banking and Financial awareness: page 3
1 ) The RBI on 17th December 2012 allowed property developers to borrow money from overseas through External Commercial Borrowing (ECB) for which type of housing projects? – Low-cost housing projects 2) Which ad agency has made Idea’s Cellular’s new jingle ‘Honey Bunny’, which has become one of the most popular jingles of all time in just a few days of its launch? – Lowe Lintas 3) The Finance Ministry scaled down its growth projection for Indian economy from 7.6 per cent to what levels for the current fiscal year of 2012-13, which is the lowest GDP growth estimate in a decade. – Between 5.7 per cent to 5.9 per cent 4) It was reported in newspapers recently that the govt. is considering measures like offering gold-linked savings and goldbacked financial instruments to bring down the overall demand for gold. Due to which primary reason the need to reduce demand for gold is arising of-late? – Due to deteriorating current account deficit ...