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  • Question
  • Who is the head of the committee to review the Economic Capital Framework (ECF) for the RBI?


  • Options
  • A. Subhash Chandra Garg
  • B. Hasmukh Adhia
  • C. Rajiv Mehrishi
  • D. Bimal Jalan

  • Correct Answer
  • Bimal Jalan 

    Explanation
    The six-member expert committee led by former RBI governor Bimal Jalan was appointed on December 26, 2018 to review the Economic Capital Framework (ECF) for the Reserve Bank of India (RBI). It is in news recently because the Jalan panel is likely to submit its report by June 2019. The panel is expected to spell out details regarding how the RBI should handle its reserves and whether it can transfer its surplus to the government. The report is also expected to detail the amount the central bank should transfer to the government. The terms of reference of the committee would be to review status, need and justification of various provisions, reserves and buffers presently provided for by the RBI. The committee will also review best practices followed by the central banks globally in making assessment and provisions for risks, to which central bank balance sheets are subjected.

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    • 1. Who has been appointed as the new President of the United Nations General Assembly?

    • Options
    • A. Tijjani Muhammad-Bande
    • B. Miroslav Lajcak
    • C. Srgjan Kerim
    • D. Jean Ping
    • Discuss
    • 2. Who was appointed as the acting president of Archery Association of India (AAI) recently to start the election process?

    • Options
    • A. A. M. Khanwilkar
    • B. Sunil Sharma
    • C. S Y Quraishi
    • D. BVP Rao
    • Discuss
    • 3. Who has appointed as the CEO of LIC Mutual Fund?

    • Options
    • A. Dinesh Pangtey
    • B. S A Bhat
    • C. D.P. Sharma
    • D. Sudhir Chand
    • Discuss
    • 4. Name the first independent woman director of BSE.

    • Options
    • A. Jayshree Vyas
    • B. Usha Sangwan
    • C. Rajeshree Sabnavis
    • D. Shikha Sharma
    • Discuss
    • 5. Name the Social entrepreneur from Tamil Nadu, who was ranked 45th in the Fortune magazine's 2019 list of the world's greatest leaders for inventing low cost pad making machine.

    • Options
    • A. Naveen Krishna
    • B. Sandeep Ahuja
    • C. Arunachalam Muruganantham
    • D. Smita Ram
    • Discuss
    • 6. Who has been appointed as the new head coach of the Indian Men's Volleyball team?

    • Options
    • A. Vital Heynen
    • B. Bernardo Rezende
    • C. Dragan D. Mihailovic
    • D. Renan Dal Zotto
    • Discuss
    • 7. 2019 Asian Boxing Championship was held in __________.

    • Options
    • A. Beijing, China
    • B. Bangkok, Thailand
    • C. Jakarta, Indonesia
    • D. New Delhi, India
    • Discuss
    • 8. Who has named 2019 FWA footballer of the year?

    • Options
    • A. Harry Kane
    • B. Raheem Sterling
    • C. Kevin De Bruyne
    • D. Leroy Sane
    • Discuss
    • 9. Jagjit Pavadia was re-elected for another term to the International Narcotics Control Board (INCB). She belongs to which country?

    • Options
    • A. India
    • B. Mexico
    • C. Netherlands
    • D. Colombia
    • Discuss
    • 10. Name the Indian-orgin journalist who conferred with V K Krishna Menon Award 2019 in UK?

    • Options
    • A. Deepak Chaurasia
    • B. Shekhar Gupta
    • C. Rajdeep Sardesai
    • D. G D Robert Govender
    • Discuss


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