Questions

Surekha Marandi has been appointed as the new Executive Director (ED) of Reserve Bank of India (RBI). She succeeded U S Paliwal, who retired on December 31, 2016.

Ganeshan Neelakanta Iyer has become the first Indian to be nominated as a member of the ITTF Umpires and Referees Committee (URC). His term will be for two years and is extendable. Iyer is the only assigned competition manager of the International Table Tennis Federation (ITTF) in India. Beside this, Ganeshan has also been recommended as the Technical Commissioner from the Asian Continent to ITTF and his term will be for a period of four years. He is also the chairman of the South Asian Federation technical committee and a member of the Technical Committee of the Commonwealth Table Tennis Federation (CTTF).

RAROC is a risk-adjusted framework for profitability measurement and profitability management. It is a tool for measuring risk-adjusted financial performance. And it provides a uniform view of profitability across businesses (Strategic Business Units / divisions). RAROC and related concepts such as RORAC and RARORAC are mainly used within (business lines of) banks and insurance companies. RAROC is defined as the ratio of risk-adjusted return to economic capital.