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Current Affairs – Business News – General Knowledge
Manas on November 10th, 2015

1. Indian Government has taken s significant step towards economic reform today after relaxing Foreign Direct Investment norms in 15 major sectors of the economy to further boost the foreign direct in the country. These sectors include mining, civil aviation, defence, broadcasting, construction, manufacturing and private sector banking. The reforms including opening up more sectors […]

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Manas on November 4th, 2015

1. Prime Minister Narendra Modi has been ranked as the world’s ninth most powerful person by Forbes magazine for the year 2015, as per list published today compared to 14th rank last year. The list is topped by Russian President Vladimir Putin. German Chancellor Angela Merkel secured the second spot followed by US President Barack […]

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Manas on October 27th, 2015

1. India’s National Disaster Response Force(NDRF) has partnered with about 30 Public Sector Undertakings (PSUs) to jointly tackle and mitigate man-made or natural disasters or emergencies. A coordination meeting was held between NDRF and prominent PSUs including ONGC, Air India, GAILand others involved in the mining and shipping and heavy industries sector. 2. Indian private bank Yes […]

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Manas on October 25th, 2015

1. The Reserve Bank of India (RBI) issued a notification to all Scheduled Commercial Banks on implementation of the Gold Monetisation Scheme, 2015 as per notification from the Union Government. The RBI issued the direction to banks in exercise of powers conferred on it under Section 35A of the Banking Regulation Act, 1949. The GMS […]

Continue reading about Current Affairs India – 25 October 2015


Manas on October 20th, 2015

1. Prime Minister Narendra Modi inaugurated new bank IDFC Bank in New Delhi today which started its operation from October this year. IDFC Bank was granted a banking license by the Reserve Bank of India (RBI) in July this year. It was founded a non-operative financial holding company (NOFHC) in 2014 to manage its five […]

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Manas on October 16th, 2015

1. The Supreme Court has permitted voluntary use of Aadhaar cards in welfare schemes including MGNREGA, all pension schemes, Government’s key scheme ‘Pradhan Mantri Jan Dhan Yojna’ along with LPG and PDS schemes. With this the Apex Court has also lifted the earlier restriction on usage of Aadhar card. The Bench was hearing a batch […]

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Manas on October 13th, 2015

1. Sekhar Basu, director of Bhabha Atomic Research Centre (BARC), was appointed as the chairman of Atomic Energy Commission (AEC) last week and he will also occupy the office of secretary, Department of Atomic Energy (DAE). He succeeds RK Sinha who superannuates later this month. He is currently working as the director of Bhabha Atomic […]

Continue reading about Current Affairs India – 9-13 October 2015


In a surprise move, the Reserve Bank of India cut the repo rate, its short-term lending rate to banks, by 50 bps, to 6.75% with immediate effect today during its monetary policy review meet. At the same time it has cut reverse repo by 50 bps to 5.75% while kept the Cash Reserve Ratio unchanged […]

Continue reading about RBI cuts interest rate by 50 bps in surprise move today


Manas on September 16th, 2015

1. The Union Cabinet has approved a Scheme to boost social, economic and infrastructure development in rural areas. The government has earmarked over Rs 5,000 crore for the Scheme named as Shyama Prasad Mukherjee Rurban Mission, SPMRM. The Cabinet committee on Economic Affairs (CCEA) also approved setting up of committee to propose Exim bank scheme […]

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Manas on September 15th, 2015

1. India’s two institutes, IISC Bangalore and IIT Delhi has been ranked in the list of top 200 universities in the world as per the QS World University Rankings for the first time. New entrant IISc Bangalore is ranked 147th, while IIT Delhi has climbed is ranked 179th in this list. The top two ranks […]

Continue reading about Current Affairs India – 15 September 2015



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