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DAILY NEWS ANALYSIS
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10 April, 2020
2 Min Read
According to the Department of Financial Services, the Appointments Committee of the Cabinet (ACC) has approved the extension of the tenure of all members and the current part-time chairman of the Bank Board Bureau(BBB) by 2 years, which is coming to an end on April 11, 2020.
Key Points:
i.Bhanu Pratap Sharma, the former Secretary in the Department of Personnel and Training, will continue to hold the post of a part-time member of the board.
ii. Other part-time members of the board include Vedika Bhandarkar, former MD (managing director) of Credit Suisse; P Pradeep Kumar, former MD of State Bank of India (SBI); and Pradip P Shah, founder MD of rating agency CRISIL.
About Banks Board Bureau (BBB):
Headquarters: Mumbai, Maharashtra
In February 2016, the government formed the Banks Board Bureau and was given the responsibility of deciding candidates for the top positions in public sector banks and financial institutions.
Source: TH
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The Foreign Contribution Regulation Act, 2010 (FCRA) registration of two prominent non-governmental organisations (NGOs) — Centre for Policy Research (CPR) and World Vision India (WVI) have been cancelled this month. What is FCRA? Key provisions of FCRA, 2010 Key aspects Description
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Voice clone fraud has been on the rise in India. AI voice cloning – It is the process of creating a synthetic replica of a person’s voice through machine learning and speech synthesis technology.It is called as voice deepfakesor audio deepfakes. Objective – To achieve a high level of na
06 Feb, 24
Steps taken by India to promote Science Communication Publications and Information Directorate (PID) - An organisation under Council of Science and Industrial Research (CSIR) established in 1951 for publishing and disseminating scientific information in India. National science magazines- The PI
05 Feb, 24
Universal Basic Income (UBI) can strengthen welfare architecture and unlock the nation’s latent demographic potential. UBI - It is an income support mechanism typically intended to reach all or a very large portion of the population regardless of their earnings or employment status. Objective- To provide enough to co
06 Feb,2024
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