SSC CGL GK Questions 2026

The Reserve Bank issued its framework for Domestic Systemically Important Banks in 2014 and has since placed these three in the list, on the view that their size, interconnectedness and complexity make their failure a danger to the whole system.

The Bank is located in Basel, Switzerland, was established in 1930 and is the oldest international financial institution in the world; it is often described as the bank for central banks because its members are central banks rather than private customers.

The Liquidity Coverage Ratio is a short term standard: a bank must hold enough high quality liquid assets, mainly cash, central bank reserves and sovereign securities, to survive the net cash outflows of a thirty day stress scenario, and the ratio must be at least a hundred per cent.

The buffer of two and a half per cent of risk weighted assets is meant to be built up in good years and drawn down in bad ones, so it must consist of the highest quality capital, that is common equity.

The crisis showed that banks had too little capital of genuinely loss absorbing quality and no cushion of liquid assets, so the Basel Committee issued Basel III in 2010 with stricter definitions of capital, the capital conservation and countercyclical buffers, a leverage ratio and the two liquidity standards.

Common Equity Tier one is the purest form of going concern capital, able to absorb losses while the bank continues to trade, and it is made up of paid up equity capital, share premium, statutory reserves and retained earnings.

The Reserve Bank has deliberately set the Indian minimum one percentage point above the Basel figure, so Indian banks must maintain a capital to risk weighted assets ratio of nine per cent, of which Common Equity Tier one must be at least five and a half per cent and total…

The third pillar works through disclosure: a bank must publish enough about its risk profile, capital and risk management for depositors, investors and rating agencies to judge it, so that the market itself exerts pressure for prudent behaviour.

It was set up in 1974 by the central bank governors of the Group of Ten countries and has its secretariat at the Bank for International Settlements in Basel, Switzerland.

The Carnatic vocalist was conferred the Bharat Ratna in 1998, becoming the first musician to receive the country's highest civilian honour; she had earlier been the first Indian musician to win the Ramon Magsaysay Award, in 1974.

The Academy in Chennai confers the Sangeetha Kalanidhi on the musician who presides over its annual December music season, and the title is treated as the highest distinction a Carnatic musician can receive.

The award is named after Tansen, the celebrated musician of Akbar's court who is associated with Gwalior, and it is presented at the Tansen Samaroh, the annual music festival held at Gwalior in that state.

The Sangeet Natak Akademi, the national academy for music, dance and drama set up by a government resolution in 1952 and inaugurated in January 1953, gives its annual awards widely but reserves the Fellowship as its highest distinction, limited to a small fixed number of living artists at any one…

The Recording Academy held its first Grammy ceremony on 4 May 1959 at the Beverly Hilton Hotel in Los Angeles, and it honoured the recordings released during 1958.

Planet Drum, a percussion project led by Mickey Hart with Zakir Hussain among its players, won in 1992 the very first Grammy ever given in that newly created category.

Rahman took one Grammy for the compilation soundtrack album of the film and a second, shared with the lyricists Gulzar and Tanvi Shah, for the song Jai Ho; through that second award Tanvi Shah became the first Indian woman to win a Grammy.

This category honours the composition itself, that is the words and the music, so the trophy goes to the songwriter or composer rather than to the person who sang or produced the track.

Its formal name is the National Academy of Recording Arts and Sciences, and its voting members are musicians, producers, recording engineers and other professionals of the American recording industry.

The sitar maestro won the Grammy in 1968 for Best Chamber Music Performance for the album West Meets East, which he recorded with the violinist Yehudi Menuhin, making him the first Indian to receive the award.

Murlikant Petkar won the 50 metre freestyle at the 1972 Heidelberg Paralympic Games, and that remained India's only Paralympic gold for thirty-two years.