Questions

BP Kanungo was appointed as Deputy Governor in Reserve Bank of India (RBI) for three years. The Appointments Committee of Cabinet (ACC) has approved his appointment to the post with effect from the date of taking over the charge on or after April 3, an order issued by Personnel Ministry said. He has been appointed in place of R Gandhi, it said.
Kanungo was in March last year appointed as Executive Director in the central bank.

Johann Strauss's on the Banks of the Beautiful Blue Danube

A battle was fought between Iran under the king Darius and the state of Greece in 490 B.C at Marathon near Athens. This battle is known as the 'Battle of Marathon' in World History.

In contrast to investment, consumption is relatively stable.

Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.

The basic objective of monetary policy is to assist the economy in achieving a full-employment, noninflationary level of total output.

Cause-effect chain: Changes in the money supply affect interest rates, which affect investment spending and therefore aggregate demand.

The standard deduction of Rs. 40,000 is seek to provide relief to salaried tax payers in the Budget proposals in place of the present exemption allowed for transport allowance and reimbursement of miscellaneous medical expenses.