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RBI Governor Dr Raghuram Rajan has kept key policy rates unchanged during its sixth bi-monthly monetary policy review meeting for fiscal year 2015-16 today. Repo rate, the rate at which RBI lends money to banks for the short term, was kept unchanged at 6.75% while the Reverse Repo Rate, the rate at which RBI borrows […]

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Manas on February 2nd, 2016

1. The Companies Law Committee, set up in June 2015 to examine and suggest changes on issues pertaining to implementation of the Companies Act, 2013, has submitted its report to the Union Government. The Committee was chaired by Tapan Ray, Secretary, Ministry of Corporate Affairs. More than 2000 suggestions were received during the panel’s consultation […]

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Manas on December 11th, 2015

Current Affairs India – 11 December 2015 1. Prime Minister Narendra Modireleased ‘On My terms’, an Autobiographyof former Union Minister and NCP Party President Sharad Pawar on the occasion of his 75th birthday at a function held at the Vigyan Bhavan in New Delhi. Eminent politicians and President Pranab Mukherjee attended the same event. 2. India’s Kartik Sawhney and Neha Swain have been […]

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Manas on December 6th, 2015

1. The Delhi Assembly has unanimously passed the Delhi Jan Lokpal Bill, 2015 for establishment of statutory anti-corruption ombudsman, known as Jan Lokpal. The Bill provides powers to Lokpal to act against any government functionary including those of the Centre and in the national capital territory (NCT) of Delhi through its own investigation wing. This was […]

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RBI Governor Dr Raghuram Rajan has kept key policy rates unchanged during its fifth bi-monthly monetary policy review meeting for fiscal year 2015-16 today. Repo rate, the rate at which RBI lends money to banks for the short term, was kept unchanged at 6.75% while the Reverse Repo Rate, the rate at which RBI borrows […]

Continue reading about RBI keeps repo rate unchanged at 6.75 percent during its monetary policy review today

 

Manas on November 28th, 2015

1. India has successfully test-fired the ingeniously built nuclear-capable Agni-I missile this week from a test range off the Odisha coast. This Agni-I missile has a strike range of 700 km and can carry nuclear war head of more than 1 tonne. 2. The Karnataka State Tourism Development Corporation (KSTDC) and Department of Tourism of Karnataka have recently […]

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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

 

 

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