Capitals & Currencies - Current Affairs for September, 2015

Capitals & Currencies Current Affairs for September, 2015

Month wise coverage of Capitals & Currencies Current Affairs helps you improve your general knowledge and prepare for all competitive exams like IBPS, Bank PO, SBI PO, RRB, RBI, LIC, Specialist Officer, Clerk, SSC, UPSC, Railway etc. This section is updated daily with the most important events.

Preparing Capitals & Currencies Current Affairs September, 2015

1. Read the most important Capitals & Currencies Current affairs and facts here. 2. Take practice test of our Capitals & Currencies MCQ and Objective type questions. 3. Clear any quiz, GK, job interview or competitive exam on current affairs.
  • Month & Year   
▼ Bitcoin termed as Currency, Property and now Commodity   [09-22-15]

Commodity Futures Trading Commission has decreed Bitcoin is a commodity meaning regulator can now bring charges against any wrongdoers trading cryptocurrency futures and options. Ring will open up financial innovation in the state. This is consequent to the US based Bitcoin future trading platforms. Bitcoin refers to a kind of digital currency where encryption techniques are used for regulation of generation of units of currency and verification of the transfer of funds, operating independently of a central bank.

▼ Capital risk weighted asset ratio of 10% - No need for prior central bank approval for equity investments.   [09-18-15]

Lenders will not require prior approval by the central bank for making equity investments if they have capital risk weighted asset ration of 10% or higher and have made profits in the previous financial year, according to notification by RBI. Equity investments without prior approval would have to equal around less than 10% of the company’s paid up capital or lower than one fifth of the paid up capital if including subsidiaries or JVs.

▼ Rs 125/- & Rs 10/- coins released in memory of Dr. S Radhakrishnan   [09-7-15]

On 4th Sep’15 Prime Minister Narendra Modi released two commemorative coins of Rs 125 and Rs 10 in the memory of former President Sarvepalli Radhakrishnan.