19 March 2014 Current Affairs
SEBI inaugurated Its Local Office At Ranchi
SEBI (Securities and Exchange Board of India) inaugurated its local office at Ranchi, Jharkhand on 19 March 2014 .The office was inaugurated by R.S. Sharma, Chief Secretary of Jharkhand Government in presence of UK Sinha, the Chairman of SEBI. The local offices of SEBI would involve in spreading financial literacy and redressing of the grievance of the investors in the region. Till date SEBI has 14 Zonal offices apart from its head office in Mumbai.
Gujarat Ranks No 1 in ‘ Economic Freedom ‘
Gujarat has been ranked number one in a list of India’s 20 largest states in terms of “economic freedom”.The index on “economic freedom” takes into account governance, growth, citizens’ rights, and labour and business regulations.As per the 2013 ‘Economic Freedom of the States of India’ report, “Gujarat has widened its lead at the top of the economic freedom table, with an index score of 0.65 (on a scale from 0 to 1.0). Tamil Nadu remains in second position, but some distance behind, with a score of 0.54.