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Major Economic Facts - 2012- 03

PUBLISHED BY: SURENDER KUMAR
APRIL 10, 2013

   
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 Major Economic Facts - 2012- 03


 New CEO of Citigroup after Vikram Pandit’s resignation --- Michael Corbat

 

Growth rate predicted by the Economic Outlook 2012-13 --- 6.7 %

 

New Chairman of Barclays Bank --- David Walker

 

The bank involved in LIBOR Interest rate fixing scandal --- Barclays Bank

 

Monthly per capita consumption expenditure in Urban India --- Re.2401.61

 

State with the highest number of Special Economic Zones --- Andhra Pradesh

 

Targeted share of manufacturing in GDP by 2025 (New Manufacturing Policy) ­­--- 25%

 

E-Kiosk recently started by banks --- Cheque Depositing Machine

 

Allocation for elementary education by the 13th Finance Commission ---- Rs. 24000 Cr

 

Seats to be reserved in Private Educational Institutions for children from economically weaker sections --- 25%

 

The leading bank in terms of electronic transactions in India --- HDFC Bank

 

As per Worldwide Cost of Living Survey, the costliest place  --- Tokyo

 

Topmost listed employers in India --- 1st - Coal India,  2nd – TCS, 3rd - SBI  

 

Retail Price Inflation is based on --- Consumer Price lndex (CPI)

 

FDI limits in Cigarette, Lotteries and Atomic Energy --- Zero %

 

FATF (Financial Action Task Force) is --- Group of 34 countries. India joined it in 2010, FATF works against money laundering and financing of terrorism

 

As per City Competitiveness Index 2012 --- 1st – Delhi, 2nd – Mumbai ………, 12th - Chandigarh

 

Districts covered by Census 2011 --- 640

 

In terms of doing business at low expense, the top city for setting up new businesses --- Patna

 

The sector which attracted the largest FDI last year --- Services (21.52%)

 

State that tops the Child Rights Index --- Kerala

 

Cahirman of the Panel on GAAR (General Anti Avoidance Rule) --- Parthasarthi Shome

 

Implementation of Basel Norms Ill for all Public Sector Banks will require a common equity of --- $1.4 to 1.5 trillion

 

Largest PSU lender bank in India --- SBI; Largest private lender bank --- ICICI Bank

 

 

Target for institutional credit to Agriculture for 2012-13 --- Re. 5, 75, 000 Cr

 

Unlimited purchase of Sovereign Bonds to save currency has been initiated by --- European Union

 

Global Competitiveness Index 2012 --- 1st - New York, 2nd – London, ……., 68th – Delhi, 70th – Mumbai

 

New base year for revamped Consumer Price Index (CPI) --- 2010

 

Globally, the no. 1 mobile operator --- China Mobile, the 2nd one - Vodafone, the 3rd one - America Mobile Group

 


 

 

 



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