Questions

After a credit card transaction has been authorized bythe issuing bank by sending an authorization code tothe merchant, the settlement stage of the processbegins. This is called batch processing because anumber (or batch) of transactions is settled all at onetime.

The Reserve Bank of India made a strong case for setting up a public credit registry in India to address the twin balance sheet problem of the banking sector and the corporate sector. Public credit registry coverage reports the number of individuals and firms listed in a public credit registry with current information on repayment history, unpaid debts, or credit outstanding. The number is expressed as a percentage of the adult population.

The United Nations has designated 1974 as World Population Year, and has called upon all governments and peoples to participate in its observance.

Rani Rampal is the captain of Indian women hockey team.