Pandora Box II

• In India the Inter Bank Transfer is possible mainly through 2 methods:
  NEFT – The acronym “NEFT” stands for National Electronic Funds Transfer. Funds are transferred to the credit account with the other participating Bank using RBI’s NEFT service. RBI acts as the service provider and transfers the credit to the other bank’s account.
  RTGS –The acronym “RTGS” stands for Real Time Gross Settlement. The RTGS system facilitates transfer of funds from accounts in one bank to another on a “real time” and on “gross settlement” basis. The RTGS system is the fastest possible inter bank money transfer facility available through secure banking channels in India.
  
  
• Who presented the Union budget 2010-11 in Indian parliament – Pranab Mukherjee

Important International Awards

Important International Awards:-

Nobel Prizes:-The Nobel prizes lore awarded each year under the will of Alfred Nobel, Swedish chemist, engineer and inventor of dynamite, who died in 1896. The award is given to those who have made most outstanding contribution in the field of physics, chemistry and physiology or medicine, who have produced most distinguished literary work of an idealist tendency and those who have contributed most towards world peace.