GK Facts
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What is the First Republic Bank? All you need to know
First Republic Bank is a commercial bank that, as of May 1, 2023, was closed and sold to JPMorgan Chase. Here’s everything you need to know about the bank.
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Explained: The Top 5 Reasons for Getting an Income Tax Notice
Is it perfectly natural to get worried if you get an income tax notice from the tax department. So, in this article, we will take a look at the top 5 reasons why people get an income tax notice.
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Initial Public Offering (IPO): Meaning, Benefits, and Allotment Process
An IPO (Initial Public Offering) is an excellent tool for investing in the stock market. Read on to learn more about the IPO, its meaning, benefits, disadvantages, and allotment process.
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Top 10 Most High Profile Mergers and Acquisitions of 2022
2022 was a financially turbulent year and saw many high-profile mergers and acquisitions, like Elon Musk buying Twitter and the PVR and INOX merger. Read on to learn about the top 10 most high profile mergers and acquisitions of 2022.
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Budget 2023: What is the National Digital Library for Children?
Budget 2023: Finance Minister of India Nirmala Sitharaman has announced setting up a National Digital Library for Children. Read on to know all about the National Digital Library for Children and its significance.
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Union Budget of India 2023: Definition, Types & More
Union Budget 2023: A Union budget is an estimation of revenue and expenditure of the Central Government over a specified period of time which is usually one year. Ahead of the presentation of the Union Budget 2023-24, let's take a look at the definition, and types of Indian Budget.
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What Is The Economic Survey Of India? All Details Here
The Economic Survey of India is a comprehensive report on the state of the Indian economy, prepared annually by the Ministry of Finance. The document is prepared by the Economic Division of the Department of Economic Affairs, under the supervision of the Chief Economic Adviser (CEA), V Anantha Nageswaran.
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What is CDSL, India’s largest registered share depository? Find out all you need to know!
On November 19, 2022, India's largest depository CDSL was disrupted due to a suspected cyber attack. The issue had been fixed by Sunday evening. But what exactly is CDSL and how does it affect you? Find out!
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What Is The Impact Of the Fed Rate Hike On The US Economy? A Brief Explainer.
In November, the Federal Reserve Bank increased interest rates for the sixth time in order to combat inflation. What is the impact of increased Fed rates on the US economy? Learn here.
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Know the changed Fixed Deposit Rules by RBI and more
Everyone who does fixed deposits should know about these drastic changes that RBI made. A while ago RBI changed the rules related to FD which have now become effective. After the verdict of RBI to heighten the repo rate, a lot of government and non-government banks have also initiated the interest-increasing rates on FD.
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What Is The Difference Between Nifty and Sensex?
The Nifty and Sensex are India's two major stock exchange indices. In this article, we will learn more about the stock market, the indices Nifty and Sensex, and the difference between the two.
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“Act East Policy” of India: Meaning and Objectives
India’s ‘Act East’ policy is a diplomatic initiative to promote economic, strategic, and cultural relations with the vast Asia-Pacific region. The Act East policy is considered as the modern version of the "Look East Policy" which was launched in 1991 by then Prime Minister P.V. Narasimha Rao.
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India Removed from the US Currency Monitoring List: All you need to know
On Friday, the US Department of Treasury removed India from its Currency Monitoring List of major trading collaborators after two years.
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Provident Fund (PF): Meaning, Benefits, And Different Account Types
Provident fund (PF), also called pension fund, is a term that confuses many working individuals. Read on to learn the meaning of a provident fund, its benefits and different account types.
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Recession: reasons and repercussions you need to know
The absolutely dreaded duration of transient economic deterioration during which the trade and industrial activity are subsequently subtracted has another name : Recession.
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