Ujjivan Small Finance Bank, a wholly-owned subsidiary of Ujjivan Financial Services Ltd, has launched an overdraft (OD) facility for micro and small enterprise (MSE) customers across its branches nationally. The facility is an add-on product to the existing MSE term loans offered by the bank. The OD facility is offered to all MSEs with a turnover of Rs 50 lakh or more, at a competitive rate of interest

India jumped 23 positions in the World Bank’s Ease of Doing Business Index 2019 and is now ranked 77 out of 190 countries in 2018, a development that could help the country attract more foreign investments. It was ranked 100 in 2017

Japan is the largest contributor in the subscribed capital of the country. currently it has 15.677% subscribed capital of the ADB followed by the USA 15.567% and China 6.473%.India is on the 4^th  place having a capital share of 6.359%

Ministry of finance is responsible for the supply of coins in the India

WTO or World Trade Organisation is not part of the World Bank community. World Bank group is comprised of the five institutions i.e. International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA) and the International Centre for Settlement of Investment Disputes (ICSID)

Blue chip is not considered while deciding the monetary policy of the country. Blue chip is called that company which gives safe returns to investors.

Commercial banks and Regional Rural Bank

one rupee notes are printed by the Ministry of Finance while other notes are printed by the RBI

The number of shares which are less than market lots are called Odd lot

The bill which doesn’t require acceptance is called treasury bills