Questions

Globalization of culture is the interconnectedness, or the uniformity of the ways of life of people across states and continents in the world.

The elements of globalization of culture are tendencies toward

• Uniform consumption preferences
• Enhanced communications
• Equal access to resources and information.
• Uniformity in cultural forms.

The Reserve Bank of India (RBI) Governor Urjit Patel has been appointed as member in ‘Financial Stability Institute Advisory Board’ of ‘Bank ofInternational Settlement (BIS)’. The Advisory Board will comprise a small but diverse group of central bank Governors, heads of financial sector supervision and chairs of standard-setting bodies and regional supervisory groups.Note:The ‘Financial Stability Institute Advisory Board’ of BIS assists financial sector authorities worldwide in strengthening their financial systems.

Veteran journalist and editor of Srinagar based ‘Rising Kashmir’ newspaper was shot dead by unidentified gunmen outside his office in the Press Enclave area of Srinagar in
Jammu & Kashmir. Bukhari was instrumental in organising several conferences for peace in the Kashmir Valley.