GENERAL STUDIES MAINS SPECIAL BATCH - 2018 Important Traditional & Current Issues World History, Geography, Environment & Ecology, Polity & Governance Internal Security, Disaster Management, International Relations Economic Development, Social Justice, Science & Technology Ethics, Int. & Aptitude with more than 100 Case Studies Covering More than 800 Marks WITH BEST EVER TEAM S. BALIYAN , ABHAY THAKUR, DR. VIVEK, A. MANGTANI, A.N. REDDY, A.S. SHEKAR, & S.M. THAKUR NEW BATCHES Course Duration COMMENCE 18 June 12 Weeks INSIGHT IAS ACADEMY India's Best Institute for Civil Services Prep. CENTRAL DELHI NORTH DELHI 011-45090051 60/17, Above Subway B-18, Main Road, Satija House, 09818333201 Old Rajinder Nagar, New Delhi - 110060 Dr. Mukherjee Nagar, Delhi - 110009 09871216382 E-MAIL :
[email protected] • WEBSITE : www.insightiasacademy.com INSIGHT GEN.STUDIES & CSAT COMPREHENSIVE TEST – 1 (FULL MOCK TEST) 1. B Recapitalisation bonds are dedicated bonds to be issued at the behest of the government for recapitalizing the trouble hit Public Sector Banks (PSBs). Bonds worth of Rs 1.35 trillion is to be issued to inject capital into PSBs who are affected by the high level of NPAs. Recapitalization bonds are proposed as a part of the Rs 2.11 trillion capital infusion package declared by the government. The money obtained from the sale of bonds will be injected into the PSBs as government equity funding. The bond will be subscribed by the public sector banks themselves. Fund from the issue of bonds will be used to subscribe shares of PSBs and will be treated as additional government equity or capital. The government has recently fixed the coupon rate - up to 7.68% - for the Rs 80, 000 crore recapitalisation bonds to be given to 20 public sector banks during the current fiscal for meeting the regulatory capital requirement and growth needs.