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banking terms

By Victor S. Fischer
  ✍️ CRR Cash Reserve Ratio is the minimum fraction of total deposits of a bank’s customers that banks have to hold as reserves with the central bank. ✍️ SLR Statutory Liquidity Ratio is the ratio of liquid assets to the net demand and time liabilities. ✍️ LAF Liquid Adjustment Facility is a tool to allow banks to borrow money through repurchase agreements. It consists of repo and reverse repo operations. ✍️ MSF Marginal Standing Facility allows scheduled banks to borrow funds overnight from RBI against approved government securities. ✍️ MSS Market Stabilization Scheme is a monetary policy intervention by RBI to withdraw excess liquidity by selling government securities in the economy. ✍️ OMO Open Market Operations refers to the buying and selling of government securities in the open market so as to expand or contract the amount of money in the banking system. ✍️ REPO Repo...
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List of First in India (Banking, SSC, UPSC, Railways)

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Male


  • The first President of Indian Republic :  Dr. Rajendra Prasad
  • The first Prime Minister of free India : Pt. Jawahar Lal Nehru
  • The first Indian to win Nobel Prize : Rabindranath Tagore
  • The first President of Indian National Congress : W.C. Banerjee
  • The first Muslim President of Indian National Congress : Badruddin Tayyabji
  • The first Muslim President of India : Dr. Zakir Hussain
  • The first British Governor General of India : Lord William Bentinck(1833-1835)
  • The first British Governor General of Bengal : Lord Warren Hasting(1774-1885)
  • The first British Viceroy of India : Lord Canning
  • The first Governor General of free India : Lord Mountbatten
  • The first and the last Indian to be Governor General of free India : C. Rajgopalachari
  • The first man who introduced printing press in India : James Hicky
  • The first Indian to join the I.C.S : Satyendra Nath Tagore
  • India’s first man in Space : Rakesh Sharma
  • The first Prime Minister of India who resigned without completing the full term : Morarji Desai
  • The first Indian Commander-in-Chief of India : Field Marshal Cariappa
  • The first Chief of Army Staff : Gen. Maharaj Rajendra Singhji
  • The first Indian Member of the Viceroy’s executive council : S.P.Sinha
  • The first President of India who died while in office : Dr task management. Zakhir Hussain
  • The first Muslim President of Indian Republic : Dr. Zakhir Hussain
  • The first Prime Minister of India who did not face the Parliament : Charan Singh
  • The first Field Marshal of India : Field Marshal S.H.F. Manekshaw
  • The first Indian to get Nobel Prize in Physics : C.V.Raman
  • The first Indian to receive Bharat Ratna award : Dr. Radhakrishnan
  • The first Indian to cross English Channel : Mihir Sen
  • The first Person to receive Jnanpith award : Sri Shankar Kurup
  • The firs Speaker of the Lok Sabha : Ganesh Vasudeva Mavalankar
  • The first Vice-President of India : Dr. Radhakrishnan
  • The first Education Minister : Dr. Abdul Kalam Azad
  • The first Home minister of India : Sardar Vallabh Bhai Patel
  • The first Indian Air Chief Marshal : Air Marshal S. Mukherjee
  • The first Indian Naval Chief : Vice Admiral R.D. Katari
  • The first Judge of International Court of Justice : Dr. Nagendra Singh
  • The first person to reach Mt. Everest without oxygen : Sherpa Anga Dorjee
  • The first person to get Param Vir Chakra : Major Somnath Sharma
  • The first Chief Election Commissioner :  Sukumar Sen
  • The first person to receive Magsaysay Award  : Acharya Vinoba Bhave
  • The first person of Indian origin to receive Nobel Prize in Medicine : Har gobind Khurana
  • The first Chinese traveller to visit India : Fahein
  • The first person to receive Stalin Prize : Saifuddin Kitchlu
  • The first person to resign from the Central Cabinet  : Shyama Prasad Mukherjee
  • The first person to receive Nobel Prize in Economics : Amartya Sen
  • The first Chief Justice of Supreme Court : Justice Hirala J. Kania
  • The first Indian Pilot : J.R.D. Tata (1929)




Female


  • The first lady to become Miss World : Rita Faria
  • The first woman judge in Supreme Court : Mrs. Meera Sahib Fatima Bibi
  • The first woman Ambassador : Miss C.B. Muthamma
  • The first woman Governor of a state in free India : Mrs Sarojini Naidu
  • The first woman Speaker of a State Assembly : Shanno Devi
  • The first woman Prime Minister : Mrs Indira Gandhi
  • The first woman Minister in a Government : Rajkumari Amrit Kaur
  • The first woman to climb Mount Everest : Bachhendri Pal
  • The first woman to climb Mount Everest twice : Santosh Yadav
  • The first woman President of Indian National Congress : Mrs Annie Besant
  • The first woman pilot in Indian Air Force : Harita Kaur Dayal
  • The first woman Graduates : Kadambini Ganguly and Chandramukhi Basu, 1883
  • The first woman Airline Pilot : Durba Banerjee
  • The first woman Honours Graduate : Kamini Roy, 1886
  • The first woman Olympic medal Winner : Karnam Malleswari, 2000
  • The first woman Asian Games Gold Medal Winner : Kamlijit Sandhu
  • The first woman Lawyer : Cornelia Sorabjee
  • The first woman President of United Nations General Assembly : Mrs Vijaya Laxmi Pandit
  • The first woman Chief Minister of an Indian State : Mrs Sucheta Kripalani
  • The first woman Chairman of Union Public Service Commission : Roze Millian Bethew
  • The first woman Director General of Police : Kanchan Chaudhary Bhattacharya
  • The first woman Judge : Anna Chandy (She became judge in a district court in 1937)
  • The first woman Cheif Justice of High Court : Mrs Leela Seth (Himachal Pradesh High Court)
  • The first woman Judge in Supreme Court of India : Kumari Justice M. Fathima Beevi
  • The first woman Lieutenant General : Lieutenant General Punita Arora
  • The first woman Air Vice Marshal : P. Bandopadhyaya
  • The first woman chairperson of Indian Airlines : Sushma Chawla
  • The first woman IPS officer :Mrs. Kiran Bedi
  • The first and last Muslim woman ruler of India : Razia Sultan
  • The first woman to receive Ashoka Chakra : Nirja Bhanot
  • The first woman to receive Jnanpith Award : Ashapurna Devi
  • The first woman to cross English Channel : Aarti Saha
  • The first woman to receive Nobel Prize : Mother Teresa
  • The first woman to receive Bharat Ratna : Mrs Indira Gandhi
  • The first woman to receive Jnanpith Award : Ashpurna Devi




First in Others


  • First Wax statue of a Living : Indian Mahatma Gandhi at Madame Tussaud’s in 1939
  • First Chinese pilgrim to Visit India : Fa-hien
  • First Exclusive internet magazine : Bharat Samachar
  • First Miss India to participate in Miss Universe : Indrani Rehman
  • First President of Indian National Congress : W.C. Bannerjee, 1885
  • First Muslim President of the Indian National Congress : Badruddin Tayyabji
  • First Judge in International Court of Justice : Dr. Nagender Singh
  • First Graduate in Medicine : Soorjo Coomar Goodeve Chukerbutty
  • India’s First University : Nalanda University
  • India’s First Open University : Andhra Pradesh Open University
  • India’s First Lok Sabha Member to be elected with a record maximum number of votes : P.V.Narasimha Rao
  • First Indian to reach Antarctica : Lt. Ram Charan
  • First British to Visit India : Hawkins
  • First Test tube baby of India : Indira (Baby Harsha)
  • First Post Office Opened in India : Kolkata(1727)





More will be added Soon..------>>>>>


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By Victor S. Fischer

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