Extreme pressure from Pharmaceuticals companies on doctors for
the prescription of ‘miracle’ antibiotics in irresponsible manner is
creating more problems as it leads to drug resistant to large scale.
The states are placed relatively in a disadvantageous situationconstitutionally compared to the center. While center can borrowboth from domestic and foreign markets, the states can notborrow directly from abroad.
GATT: General Agreement on Trade and Tariffs.
The Standing Parliament Committee has rejected the proposal toincrease the FDI cap in the insurance sector to 49 per cent. Theproposal is a part of Insurance Laws (Amendment) Bill, 2008.
CRPS: Cumulative Redeemable Preference Shares
WADA: World Anti-Doping Agency
The Cabinet Committee on Security (CCS) has approved thesetting up a National Counter Terrorism Center (NCTC) tocoordinate and collate terror intelligence and disseminate it tovarious security agencies.
D Subburao is the 22
Governor of the RBI.
RBI holds 100% share of National Housing Bank
NHB. RBI alsohas 72% share of Nabard.
There are four deputy governors in RBI. Currently, these are H RKhan [New], K C Chakrabarthy, Anand Sinha, and Subir Gokarn.
It has been fixed by the RBI that the Reverse Repo Rate will be100 basis point [means one percent lower] than the Repo Rate, andthe Marginal Standard Facility [MSF] Rate will be 100 basis point[means one percent higher] above the Repo Rate. As you can see,currently, Repo Rate is 8 percent, hence Reverse Repoautomatically becomes 7%, and the MSF Rate automaticallybecomes 9%.