# Daily current affairs questions 1. Recently planning commission was replaced by NITI Ayog. What is the fullform of NITI ? Ans - National Institution for transforming India 2. Who has been appointed as Vice chairman of NITI Ayog ? Ans - Arvind Panagariya 3. Direct benefit transfer scheme for LPG has been renamed PAHAL. What does PAHAL stand for ? Ans - Pratyaksh Hastantarit Labh 4. A bank of UAE has entered into a partnership with LIC to launch its first of its kind co-branded creditcard in the Gulf countries. What is the name of this bank ? Ans - First Gulf Bank (FGB) 5. To bring transparency in governance system of Public sector banks the position of chairman was bifurcated from the position of MD/CEO as per RBI recomendation. For effective functioning of an organisation these two posts have separate roles to play. What are the two roles that they have to play separately ? Ans - chairman-custodian of governance MD/CEO-custodian of assets and efficiency of running of organisation. For daily current affairs updates visit our blog banking.mercenie/ Happy Learning :)
Posted on: Sat, 03 Jan 2015 15:14:04 +0000
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