74-597: Janakpurdham or Janakpur ( Maithili : जनकपुर ), is the capital city of Madhesh Province . This sub-metropolitan city is a central hub for the Maithili language , as well as for religious and cultural tourism in Nepal . The city was founded in the early 18th century but was retrospectively designated as the location of the capital of the Videha kingdom, although there is no archaeological evidence to support this. Janakpur
148-606: A certain percentage of foreign exchange reserves is held by other banks. In 1974, NRB became the founding member Asian Clearing Union ( ACU ), with headquarters in Tehran , Iran . However, this payment system does perform settlement for payment between Nepal and India. The financial sector reform based on the Financial Sector Strategy Paper that Government of Nepal publicly announced on 22 November 2000 enacted Nepal Rastra Bank Act, 2002 under which
222-429: A connection between economic growth and financial depth, with domestic credit to the private sector playing a notable role in both the long and short terms. Also, there are positive effects of money supply and financial deposits on long-term growth, serving to corroborate the finance-led growth hypothesis. It suggests policies that reinforce the effective allocation of credit to benefit projects for continuing growth in both
296-594: A dedication to fostering inclusive private sector development in different parts of the country. Collaboration between Nepal Rastra Bank and the State Bank of Pakistan Nepal Rastra Bank and the State Bank of Pakistan signed the Memorandum of Understanding to collaborate on the transaction. The greatness of financial institutions affects the long-term and short-term economic increase in Nepal. The results indicate
370-643: A dialect of a Bengali . Hoernlé initially treated it as a dialect of Eastern Hindi , but after comparing it with the Gaudian languages, recognised that it shows more similarities with the Bengali language than with Hindi . Grierson recognised it as a distinct language, grouped under ' Bihari ' and published its first grammar in 1881. Chatterji grouped Maithili with the Magadhi Prakrit . Maithili varies greatly in dialects. The name Maithili
444-554: A great Military Scholar Kameshvar Jha, a Maithil Brahmin of the Oinwar dynasty . But the disturbed era did not produce any literature in Maithili until Vidyapati Thakur (1360 to 1450), who was an epoch-making poet under the patronage of king Shiva Singh and his queen Lakhima Devi. He produced over 1,000 immortal songs in Maithili on the theme of love of Radha and Krishna and the domestic life of Shiva and Parvati as well as on
518-679: A medical college, Janaki Medical College , which is also affiliated with Tribhuvan University. Similarly, for engineering studies, the city has Central Engineering College , affiliated to Purbanchal University . Janakpur also have one autonomous institute named Madesh Institute of Health Sciences (MIHS). Janakpur is the educational hub for high school. There are hundreds of high school like Shree Saraswati Ma Vï, Sankat Mochan School, MIT School, New English School and many more. And many colleges like Model Multiple College, MIT, Dhanusha Science Campus, Rajshree Janak Campus are also there for higher studies in different streams. Gangasagar Public Library
592-773: A nasal consonant. Word finally and postvocalically, /ɖʱ/ surfaces as [ɽʱ~rʱ] . Non-initially, both are interchangeable with [ɽ~ɾ] and [ɽʱ~rʱ] respectively. /s/ and /ɦ/ are most common fricatives. They show full phonological opposition. [ɕ] , which is present in tatsama words, is replaced by /s/ most of the times, when independent, and prevocalic [ʂ] is replaced by /kʰ/ , [x] or /s/ . [ɕ] occurs before /tɕ/ and [ʂ] before /ʈ/ . [x] and [f] occurs in Perso-Arabic loanwords, generally replaced by /kʰ/ and /pʰ/ respectively. [x] and [ɸ] also occurs in Sanskrit words ( jihvamuliya and upadhmaniya ), which
666-537: A range of financial services. These include Nepal Bank Limited, Rastriya Banijya Bank, Agricultural Development Bank, Nabil Bank, NIC Asia Bank, Prabhu Bank, Everest Bank, Machhapuchhre Bank, Sanima Bank, Global IME Bank, Siddhartha Bank, Nepal SBI Bank, and Mega Bank Nepal Limited. In addition, the Nepal Rastra Bank has a provincial office in Janakpur to regulate banking activities in the region. Janakpur
740-493: A term of five years. Here’s a cleaner arrangement of the information on Nepal Rastra Bank's provincial offices: Nepal Rastra Bank Provincial Offices: Province 1: Biratnagar Province 2: Janakpur Bagmati Province: Birgunj Gandaki Province: Pokhara Lumbini Province: Nepalgunj and Siddharthanagar(Rupandehi) Karnali Province: Surkhet SudurPaschim Province: Dhangadhi These are the current division of NRB. A report titled " Current Macro-Economic and Financial Situation "
814-531: Is a lack of evidence to associate the modern-day city of Janakpur with the ancient capital of the Videha kingdom. Until the 1950s, Janakpur was a cluster of rural hamlets inhabited by farmers, artisans, priests, and clerks who worked for the monasteries that controlled the land. After the Independence Act in India , Janakpur expanded into a commercial center and became the capital of Dhanusa District in
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#1732782406446888-414: Is also accessible to the general public. The local media of Janakpur primarily consists of several community radio stations, some TV channels, and a few print newspapers, such as Janakpur Today . Local Janakpur media primarily consists of radio shows, such as Mithila Jagaran . Maithili language Maithili ( / ˈ m aɪ t ɪ l i / MY -til-ee , Maithili: [ˈməi̯tʰɪliː] )
962-499: Is an Indo-Aryan language spoken in parts of India and Nepal . It is native to the Mithila region , which encompasses parts of the eastern Indian states of Bihar and Jharkhand as well as the Nepal's Koshi and Madhesh Provinces . It is one of the 22 scheduled languages of India . It is the second most commonly spoken language of Nepal. It is also one of the fourteen provincial official languages of Nepal . The language
1036-462: Is derived from the word Mithila , an ancient kingdom of which King Janaka was the ruler (see Ramayana ). Maithili is also one of the names of Sita , the wife of King Rama and daughter of King Janaka . Scholars in Mithila used Sanskrit for their literary work and Maithili was the language of the common folk ( Abahattha ). The beginning of Maithili language and literature can be traced back to
1110-517: Is followed by a homorganic stop always. It is the only nasal which does not occur independently. There are four non-syllabic vowels in Maithili- i̯, u̯, e̯, o̯ written in Devanagari as य़, व़, य़ॆ, व़ॊ. Most of the times, these are written without nukta. An example declension: ən, ənɪ̆ ən, ənɪ̆ (Indefinite) ənʰɪ̆ ətəh ãːk ãː ən, ənɪ̆ The difference between adjectives and nouns
1184-479: Is located about 225 km (140 mi) southeast of Kathmandu . As of 2021, the city had a population of 195,438, with a density of 2,125/km². Janakpur is currently the fourth most densely populated city in Nepal. Janakpur is located about 23 km from the Bhitthamore border with India. Nepal Railways operates a service between Janakpur and Jainagar in India. Janakpurdham, popularly known as Janakpur
1258-550: Is located in the Terai , where the climate is humid subtropical . The months of March and April are hot, dry, and windy. The wet season lasts from May to September, followed by a mild, dry autumn from October to November. Winter is cold from December to February. The major rivers surrounding Janakpur are the Dudhmati, Jalad, Rato, Balan, and Kamala . Frequent bus services operate between Janakpur and other Nepalese cities. Within
1332-638: Is named after the ancient King of the Videha kingdom in the Mithila region - Janaka .The rulers of the Videha kingdom were accorded the title Janaka, meaning 'father' in Sanskrit , and this character is the best-known bearer of the same. Accounts from ascetics , pandits , and bards suggest that Janakpur was founded in the early 18th century. The earliest description of Janakpur as a pilgrimage site dates back to 1805. Earlier archaeological evidence of an ancient city's presence has not been found, and there
1406-410: Is peculiar to Maithili. /m/ and /n/ are present in all phonological positions. /ŋ/ occurs only non-initially and is followed by a homorganic stop, which may be deleted if voiced, which leads to the independent presence of /ŋ/ . /ɳ/ occurs non-initially, followed by a homorganic stop, and is independent only in tatsama words, which is often replaced with /n/ . [ɲ] occurs only non-initially and
1480-692: Is predominantly written in Devanagari , but the historical Tirhuta and Kaithi scripts retained some use until today. In 2003, Maithili was included in the Eighth Schedule of the Indian Constitution as a recognised Indian language , which allows it to be used in education, government, and other official contexts in India. The Maithili language is included as an optional paper in the UPSC Exam. In March 2018, Maithili received
1554-560: Is published monthly, as required by the Nepal Rastra Bank Act, 2002 . The report sums up trends and developments throughout the financial sector. Starting in 2004, the central Bank of Nepal publishes Economic Bulletin every three months. It also publishes yearly report since 2003 according to the Nepal Rastra Bank Act, 2002. Since 1987, the central bank has been releasing journal named economic review citing
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#17327824064461628-479: Is recently taking place in Maithili by way of epenthesis , i.e. backward transposition of final /i/ and /u/ in all sort of words. Thus: Standard Colloquial - Common Pronunciation Maithili has four classes of stops , one class of affricate , which is generally treated as a stop series, related nasals , fricatives and approximant . There are four series of stops- bilabials , coronals , retroflex and velar , along with an affricate series. All of them show
1702-529: Is the monetary, supervisory and regulatory body of all the commercial banks. development banks, finance companies and micro-finances institutions. The central office is located in Baluwatar, Kathmandu and it has eight provincial offices, located at Biratnagar , Janakpur , Birgunj , Pokhara , Siddharthanagar , Nepalgunj , Surkhet and Dhangadhi . NRB formulates and implements monetary policy. Nepal Rastra Bank also oversees foreign exchange rates and
1776-407: Is very minute in Maithili. However, there are marked adjectives there in Maithili. Pronouns in Maithili are declined in similar way to nominals, though in most pronouns the genitive case has a different form. The lower forms below are accusative and postpositional. The plurals are formed periphrastically. अपना ɐpᵊnaː (Inclusive) अपना ɐpᵊnaː (Inclusive) Beginning in the 14th century, the language
1850-531: The Maithil Brahmin and Karna Kayastha castes. Maithil Mahasabha campaigned for the official recognition of Maithili as a regional language. Calcutta University recognised Maithili in 1917, and other universities followed suit. Babu Bhola Lal Das wrote Maithili Grammar ( Maithili Vyakaran ). He edited a book Gadya Kusumanjali and edited a journal Maithili . In 1965, Maithili was officially accepted by Sahitya Academy , an organisation dedicated to
1924-526: The Reserve Bank of India . To open its bank account in Reserve Bank of India, the then Governor Himalaya Shumsher JB Rana sent a letter to then India’s secretary of economic affairs, Braj Kumar Nehru and in the direction of Nehru, the first account of NRB was opened there. Subsequently, NRB opened its account in another bank in India and then in one bank of London. The early banknotes issued during
1998-485: The Universal Declaration of Human Rights : Nepal Rastra Bank The Nepal Rastra Bank ( NRB ; Nepali : नेपाल राष्ट्र बैंक ) was established on April 26, 1956 A.D. ( Nepali Date : Baisakh 14, 2013 B.S.) under the Nepal Rastra Bank Act, 1955, to discharge the central banking responsibilities including guiding the development of the embryonic domestic financial sector. The NRB is functioning under
2072-593: The ' Charyapadas ', a form of Buddhist mystical verses, composed during the period of 700-1300 AD. These padas were written in Sandhya bhasa by several Siddhas who belonged to Vajrayana Buddhism and were scattered throughout the territory of Assam , Bengal , Bihar and Odisha . Several of the Siddhas were from the Mithila region such as Kanhapa, Sarhapa etc. Prominent scholars like Rahul Sankrityanan , Subhadra Jha and Jayakant Mishra provided evidence and proved that
2146-581: The 14th century (around 1327 AD). Jyotirishwar Thakur (1280–1340) wrote a unique work Varnaratnākara in Maithili prose. The Varna Ratnākara is the earliest known prose text, written by Jyotirishwar Thakur in Mithilaksar script , and is the first prose work not only in Maithili but in any modern Indian language. In 1324, Ghyasuddin Tughluq, the emperor of Delhi invaded Mithila, defeated Harisimhadeva , entrusted Mithila to his family priest and
2220-681: The 1960s. Gautama Buddha and Vardhamana Mahavira , the 24th and final Tirthankara of the Jain religion, are said to have lived in Janakpur. The region was an important center in the history of Mithila during the first millennium . Following the Sugauli Treaty of 1816 between the Nepali rulers and the British East India Company, the northern part of ancient Mithila state, including Janakpur, became part of Nepal, while
2294-512: The Federal Republic of Nepal, Ram Baran Yadav , and former DPM (Deputy Prime Minister), Bimalendra Nidhi . There are many private and government schools and colleges located in Janakpur. One of the oldest government colleges of Nepal, Ramsworup Ramsagar Bahumukhi Campus , which is a constituent campus of Tribhuvan University , is located in Janakpur. Janakpur also has Rajarshi Janak University for higher studies. Janakpur also has
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2368-578: The Indian and Nepali currency were fixed by local traders. Seeing this as a dependence to India , King Mahendra , the son of King Tribhuvan established a central bank on April 26, 1956 in order to reduce dependence on India, replacing Indian currency being circulated in the market and strengthen the countries' sovereignty by making Nepal independent in foreign currency exchange. After its establishment, before operating accounts of any other banks in Nepal, Nepal Rastra bank opened its first bank account in
2442-681: The Janaki Mandir is the Rama Sita Vivaha Mandir, a building that commemorates the marriage of Rama and Sita. Often considered one of the oldest temples in Janakpur is Sri Ram Temple , is said to have been built by the Gorkhali General Amar Singh Thapa .(citation does not exist, false claim) Pilgrims also visit over 200 sacred ponds in the city for ritual baths. The two most important ponds, Dhanush Sagar and Ganga Sagar, are located close to
2516-542: The Nepal-India border and continues further to the Indian city of Jaynagar , Bihar . There is a customs checkpoint in Siraha for goods. Janakpur has a domestic airport ( IATA : JKR , ICAO : VNJP ) with most flights connecting to Kathmandu , There are plans of expanding it as a regional airport. The Janaki Mandir is in the centre of Janakpur, northwest of the market. It is one of the biggest temples in Nepal and
2590-731: The Note Department in September 1956 which was renamed as the Currency Management Department in November 2002. On Feb. 19, 1960, NRB released its first bank notes in the denomination of Mohru 1. The signature on the bank notes were replaced by the governors of central bank rather than the head of treasury in all bank notes issued in the country after this date. Initially, the Central Bank of Nepal
2664-418: The area as the first language and is also used as the lingua franca . Nepali, Hindi, Marwari, and English are well understood. Languages like Bhojpuri and Awadhi are understood but less frequently used. More than 90 percent of the total population is Hindu , with the rest being Muslims and Buddhists . Janakpur is one of the fastest-developing cities in Nepal and is the largest sub-metropolitan city in
2738-510: The bank is running till date. The act states its primary responsibility as “to take necessary decisions with regard to the denominations of bank notes and coins, the figures, size, metal, materials for printing notes and other materials, and to frame appropriate policies with regard to their issue. Under this act, NRB formulated its first monetary policy in the fiscal year 2002/03, 46 years after its establishment. The central bank has been formulating monetary policy every year since then to help in
2812-694: The banking and financial sector. the International Finance Corporation (IFC) and Nepal Rastra Bank collaborate International Finance Corporation ( IFC ) is a division of World Bank Group, and the central bank of Nepal is called Nepal Rastra Bank. They collaborate to develop and work on specific projects. Those projects mainly help to establish environmental and social risk management protocols. They aim to increase portfolio investment, enhance competitiveness within different parts of areas, encourage business investment and opportunities, and improve risk management practices by reducing
2886-443: The banking and financial system by maintaining the stability of the banking and financial sectors, (c) To develop a secure, healthy, and efficient system of payment; (a) To issue bank notes and coins; (b) To formulate necessary monetary policies in order to maintain price stability and to implement or cause to implement them, (c) To formulate foreign exchange policies and to implement or cause to implement them, (d) To determine
2960-531: The city center. Major religious celebrations include the Hindu festivals of Vivaha Panchami , Dipawali , and Vijayadashami , followed by Chhath Puja , which is celebrated six days after Diwali , and Makar Sankranti . On the night of the full moon in February or March, before the festival of Holi , a one-day Parikrama (circumambulation) of the city is observed. Many people offer prostrated obeisances along
3034-494: The city, cycle rickshaws , electric rickshaws , tempos (three-wheeled vehicles), and buses are available. A few bus services operate to the Indian cities of Sitamarhi , Patna , Delhi and Ayodhya as part of the Ramayan Circuit, promoting religious tourism in Nepal and India. Jaynagar–Bardibas railway line , operated by Nepal Railways is the only operational railway in Nepal . It connects Janakpur to Siraha at
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3108-714: The country's foreign exchange reserves . The NRB is one of the principal owners of the Nepal Stock Exchange . It is a member of the Asian Clearing Union . The incumbent governor of Nepal Rastra Bank is CA Maha Prasad Adhikari while Dr. Gunakar Bhatta is the spokesperson. The central bank of Nepal, Nepal Rastra Bank, was in fact established only after 19 years of establishment of the first bank of Nepal in 1937, Nepal Bank Ltd. Before 1956, Nepal did not have its own foreign currency reserve but rather maintained it in central bank of India. For getting
3182-445: The country. The city has good healthcare facilities, several parks, private schools, colleges, and internet service providers. There are medical, engineering, and management colleges that are affiliated with Tribhuvan University . The economy is mostly based on tourism, agriculture, and local industries. The paintings on pottery, walls, and courtyards created by Maithili women are known as Mithila art . Janakpur attracts migrants from
3256-644: The courts of the nobles. Lochana (c. 1575 – c. 1660) wrote Rāgatarangni , a significant treatise on the science of music, describing the rāgas, tālas, and lyrics prevalent in Mithila. During the Malla dynasty 's rule Maithili spread far and wide throughout Nepal from the 16th to the 17th century. During this period, at least seventy Maithili dramas were produced. In the drama Harishchandranrityam by Siddhinarayanadeva (1620–57), some characters speak pure colloquial Maithili, while others speak Bengali , Sanskrit or Prakrit . One notable Malla King who patronised Maithili
3330-553: The different financial organization. Nepal Rastra Bank's Deputy Governor highlighted the value of financial institutions participating to create robust environmental and social management frameworks to manage risks and support environmentally friendly businesses. Aiming to maximize advantages of its membership in IFC 's Sustainable Banking Network (SBN), Nepal Rastra Bank attempts to find green investment and standardize sustainable finance policies. IFC 's Representative says that attention to
3404-551: The domestic currency and in exchange rate among the local traders. Additionally, during this decade, the national policy of relations with foreign institution were implemented which created the foundation for membership with international organization such as the International Monetary Fund (IMF) and the World Bank (WB) in 1961. Because of these policies, Nepal Rastra bank succeeded in the circulation of
3478-537: The entire 8 km (5.0 mi) route. Two other festivals honor Rama and Sita: Rama Navami , the birthday of Lord Rama, and the Vivaha Panchami that re-enacts the wedding of Rama and Sita at the Vivah Mandap temple on the fifth day of the waxing moon in November or early December. Janakpur has educational facilities where several of the country's elites went to school, including the first president of
3552-468: The foreign currency amounts required to bear the expenses of Nepalese Embassy in London and health treatment expenses of King Tribhuvan, an application had to be submitted to the Reserve Bank of India . One of the problems that distressed Nepalese economy was the circulation of two types of currency, Nepalese and Indian simultaneously. Nepal had a dominant use of Indian rupee . Exchange rates between
3626-415: The four way contrast like most of the modern Indo-Aryan languages : Apart from the retroflex series, all the rest four series show full phonological contrast in all positions. The retroflex tenius /ʈ/ and /ʈʰ/ show full contrast in all positions. /ɖ/ and /ɖʱ/ show phonological contrast mainly word-initially. Both are defective phonemes, occurring intervocalically and word finally only if preceded by
3700-557: The implementation of the government’s annual policy and budget plan and to maintain financial stability. As per the Nepal Rastra Bank Act, 2002 Section 4(1) the objectives of the Bank shall be as follows:- (a) To formulate necessary monetary and foreign exchange policies in order to maintain the stability of price and balance of payment for economic stability and sustainable development of the economy, and manage it, (b) To increase access of financial services and increase public confidence in
3774-409: The language of Charyapada is ancient Maithili or proto Maithili. Apart from Charyapadas, there has been a rich tradition of folk culture, folk songs and which were popular among the common folks of the Mithila region. After the fall of Pala rule, disappearance of Buddhism , establishment of Karnāta kings and patronage of Maithili under Harisimhadeva (1226–1324) of Karnāta dynasty dates back to
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#17327824064463848-441: The lender of the last resort, (i) To establish and promote the system of payment, clearing and settlement and to regulate these activities, (j) To operate open market transaction through necessary instruments for liquidity management, (k) To implement or cause to implement any other necessary functions which the Bank has to carry out in order to achieve the objectives of the Bank under NRB Act, 2002. (l) To maintain stability of
3922-422: The new Nepal Rastra Bank Act, 2002. The functions of NRB are to formulate required monetary and foreign exchange policies so as to maintain the stability in market prices, to issue currency notes, to regulate and supervise the banking and financial sector, to develop efficient payment and banking systems among others. The NRB is also the economic advisor to the government of Nepal. As the central bank of Nepal , it
3996-457: The new Nepalese rupee as the legal tender in Nepal's Terai region which was predominated by Indian currencies and facilitated the elimination of the dual currency period in 1964 in the country and making Nepal independent in foreign currency exchange. Before 1956, Nepal’s foreign exchange reserves were held in Indian banks. As of now, Nepal’s foreign exchange reserves are held by the NRB itself. Only
4070-889: The occasion of the Constitution Day , Maithili version of the Indian constitution was launched by the President of India Droupadi Murmu . In India, it is mainly spoken in Darbhanga , Tirhut , Kosi , Purnia , Bhagalpur and Munger divisions of Bihar & in Santhal Pargana division of Jharkhand . In Nepal, Maithili is spoken in Madhesh Province and Koshi Province . Darbhanga , Madhubani , Saharsa , Purnia & Janakpur constitutes important cultural and linguistic centers of Maithili language. In 1870s, Beames considered Maithili
4144-424: The opportunity for financial institutions to build up their portfolios by conducting thorough risk assessments, accenting on environmental and social factors. Nepal, a most important country for IFC , remains a focus for sustainable energy access, financial inclusion, tourism infrastructure development, and job creation. As of June 30, 2016, IFC's investment portfolio in Nepal was greater than $ 50 million, illustrating
4218-463: The other two, and has since remained the dominant script for Maithili. Tirhuta retained some specific uses (on signage in north Bihar as well as in religious texts, genealogical records and letters), and has seen a resurgence of interest in the 21st century. The Tirhuta and Kaithi scripts are both currently included in Unicode. The following sample text is Maithili translation of Article 1 of
4292-588: The promotion of Indian literature . In 2002, Maithili was recognised on the VIII schedule of the Indian Constitution as a major Indian language; Maithili is now one of the twenty-two Scheduled languages of India . The publishing of Maithili books in Mithilakshar script was started by Acharya Ramlochan Saran . The following diphthongs are present: A peculiar type of phonetic change
4366-503: The pseudonym Bhanusimha . Vidyapati influenced the religious literature of Asama , Bengal , Utkala and gave birth to a new Brajabuli / Brajavali language. The earliest reference to Maithili or Tirhutiya is in Amaduzzi's preface to Beligatti's Alphabetum Brammhanicum , published in 1771. This contains a list of Indian languages among which is 'Tourutiana.' Colebrooke's essay on the Sanskrit and Prakrit languages, written in 1801,
4440-567: The risk of financial situations and facilitating more approaches to finance social and environmental businesses. Under the supervision of IFC , Nepal Rastra Bank provides support to financial institutions in different areas of Nepal through applying various social and environmental rules, regulations, and guidelines. Later day the workshop was held on Kathmandu to facilitate discussion among government officials and different characteristic financial institutions and global organizations. During this period, risk management capabilities have been increased in
4514-470: The rule of King Tribhuvan were not circulated by a Central Bank but rather were initially held by His Majesty’s Government, then called the Government of Nepal, through the “Sadar Muluki khana” (Central Treasury) from September 1945 through February 1960 and were signed by a Kajanchi (head of the treasury). After, this the responsibility was handed over to the NRB. For this purpose, the NRB had set up
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#17327824064464588-750: The second official language status in the Indian state of Jharkhand . Gopal Jee Thakur of the Bharatiya Janata Party is the first Member of Parliament, Lok Sabha who speaks in the Maithili language in the Parliament of India . He is currently the MP for Darbhanga . The Nepalese Languages Commission has made Maithili an official Nepalese language used for administration in Koshi province and Madhesh Province . On 26 November 2024, during
4662-493: The short and long terms. Moreover, it proposes applying expansionary fiscal and monetary policies, promoting long-term deposits, to increase long-run growth in Nepal. As per the Nepal Rastra Bank Act, 2002, Nepal Rastra Bank Board of Directors has seven members. The Governor of the bank chairs the Board of Directors. The Governor, Deputy Governors and other Directors are appointed by the Government of Nepal (Council of Ministers) for
4736-408: The southern part became part of India. As of June 2011, the Janakpur municipality had 19,195 households and a population of 98,446 people with a density of 4,000 people per square kilometer. In 2015, it was declared a sub-metropolitan city that incorporates 11 surrounding villages. The current population is 173,924 people, making it the sixth largest city in Nepal. Maithili is widely spoken in
4810-431: The subject of suffering of migrant labourers of Morang and their families; besides, he wrote a number of treaties in Sanskrit . His love-songs spread far and wide in no time and enchanted saints , poets and youth . Chaitanya Mahaprabhu saw the divine light of love behind these songs, and soon these songs became themes of Vaisnava sect of Bengal . Rabindranath Tagore , out of curiosity, imitated these songs under
4884-538: The surrounding areas, who move to the city for medical care, education, and jobs. The largest employers were the Janakpur Cigarette Factory Limited and Janakpur Railway until they closed in 2013 due to political corruption and heavy debts. By the end of 2018, services was resumed. The Zonal Hospital, Zonal Police, and the banking sector help the locals maintain a relatively comfortable lifestyle. Several banks operate in Janakpur, offering
4958-441: The system of foreign exchange rate, (e) To manage and operate foreign exchange reserve, (f) To issue license to commercial banks and financial institutions to carry on banking and financial business and to regulate, inspect, supervise and monitor such transactions, (g) To act as a banker, advisor and financial agent of Government of Nepal, (h) To act as the banker of commercial banks and financial institutions and to function as
5032-526: Was Bhupatindra Malla who composed 26 plays in the Maithili language during his lifetime. After the demise of Maheshwar Singh, the ruler of Darbhanga Raj , in 1860, the Raj was taken over by the British Government as regent. The Darbhanga Raj returned to his successor, Maharaj Lakshmishvar Singh , in 1898. The Zamindari Raj had a lackadaisical approach toward Maithili. The use of Maithili language
5106-621: Was built in 1898 (1955 in the Nepali calendar ) by Queen Brisabhanu Kunwari of Tikamgarh . It is also called Nau Lakha Mandir, named after the construction cost, said to be nine lakh gold coins. The temple is architecturally unique in Nepal: its inner sanctum contains a flower-covered statue of Sita which was found in the Sarayu River near Ayodhya. Statues of Rama and his brothers Lakshman, Bharat, and Satrughna stand beside Sita. Adjacent to
5180-473: Was established in 1955 and is situated between two historical ponds of Janakpur—Dhanuschatra Pond and Ganga Sagar. The library was reopened to the public in 2012. In recent times, a team of active and committed local youth workers has contributed to the revival of this library by organizing public book collections for the library. It is open daily for three hours, mainly for newspaper-reading, but has few daily visitors. Ramswaroop Ramsagar Multiple Campus library
5254-622: Was founded under the Nepal Rastra Bank Act, 1955 which stated that the primary responsibility of the bank was to ensure “proper management for the issuance of the Nepalese currency notes”. Later, the Foreign Exchange Regulation Act, 1963 enacted, NRB as the custodian of foreign exchange reserves of the country. Nepal’s choice for a fixed exchange rate with Indian Currency along with supporting government policies contributed significantly to stabilizing confidence in both
5328-405: Was revived through personal efforts of MM Parameshvar Mishra, Chanda Jha, Munshi Raghunandan Das and others. Publication of Maithil Hita Sadhana (1905), Mithila Moda (1906), and Mithila Mihir (1908) further encouraged writers. The first social organisation, Maithil Mahasabha, was established in 1910 for the development of Mithila and Maithili. It blocked its membership for people outside of
5402-416: Was the first to describe Maithili as a distinct dialect. Many devotional songs were written by Vaisnava saints, including in the mid-17th century, Vidyapati and Govindadas. Mapati Upadhyaya wrote a drama titled Pārijātaharaṇa in Maithili. Professional troupes, mostly from dalit classes known as Kirtanias , the singers of bhajan or devotional songs, started to perform this drama in public gatherings and
5476-600: Was written in the Tirhuta script (also known as Mithilakshara or Maithili), which is related to the Bengali-Assamese script . By the early 20th century, this script was largely associated with the Mithila Brahmans, with most others using Kaithi , and Devanagari spreading under the influence of the scholars at Banaras . Throughout the course of the century, Devanagari grew in use eventually replacing
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