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Manas on February 24th, 2015

1. BJP and PDP have finally announced to form their coalition government in Jammu and Kashmir today. BJP President Amit Shah met PDP leader Mehbooba Mufti in Delhi today and made the formal announcement. As per the announcement, PDP will get the Chief Minister post and BJP will get the deputy Chief Minister post. 2. […]

Continue reading about Current Affairs India – 24 February 2015

 

Manas on February 23rd, 2015

1. JDU leader Nitish Kumar took oath as a Bihar Chief Minister yesterday to become the Chief Minister of the state for the fourth time. Earlier he had resigned from the post last year in May 2014 over JD(U)’s debacle in the Lok Sabha election. 22 ministers were also administered the oath of office along […]

Continue reading about Current Affairs India – 23 February 2015

 

Manas on February 18th, 2015

1. The Aero India expo 2015, 10th edition of the five-day international edition of the aerospace and aviation exhibition, started at the Air Force Station at Yelahanka in Bangalore today. The show was inaugurated by Prime Minister Narendra Modi who again talked about ‘Make in India’campaign to attract more foreign investment and invite foreign companies […]

Continue reading about Current Affairs India – 18 February 2015

 

Manas on February 11th, 2015

1. Yash Bhati Samman 2015 was awarded to famous journalist and writer Vinod Mehta by Uttar Pradesh government. He launched a number of successful publications such as the Sunday Observer, Indian Post, The Independent, The Pioneer (Delhi edition) and Outlook. Yash Bharti Samman was instituted by Mulayam Singh Yadav in 1994 which honors people for […]

Continue reading about Current Affairs India – 11 February 2015

 

Manas on February 10th, 2015

1. Indian economist and Nobel laureate Amartya Sen has been awarded the inaugural Charleston-EFG John Maynard Keynes Prize in recognition of his contribution to society, as per the announcement made yesterday. He is considered as one of the world’s foremost thinkers in the field of famine, poverty, social choice and welfare economics, and was awarded […]

Continue reading about Current Affairs India – 10 February 2015

 

Manas on February 8th, 2015

1. Central Government has announced that it would infuse Rs. 6,990 crore in nine public sector banks including SBI, Bank of Baroda (BoB) and Punjab National Bank (PNB) in order to improve their capital structure as per latest global risk norms. This is the first tranche of capital infusion which the government had earlier announced […]

Continue reading about Current Affairs India – 8 February 2015

 

RBI Governor Dr Raghuram Rajan has kept key policy rates unchanged during its seventh bi-monthly monetary policy review meeting today. Repo rate, the rate at which RBI lends money to banks for the short term, was kept unchanged at 7.75% while the Reverse Repo Rate, the rate at which RBI borrows money from banks, was […]

Continue reading about RBI keeps repo rate unchanged at 7.75% during its monetary policy review today; SLR cut by 50 bps to boost liquidity

 

Manas on February 3rd, 2015

1. The Reserve Bank of India has increased the eligibility limit for foreign exchange remittances under the Liberalised Remittance Scheme (LRS) by 100% to USD 250,000 per person per year. The increase was done based on review of the external sector outlook and as a further exercise in macro prudential management. 2. Madhya Pradesh has […]

Continue reading about Current Affairs India – 3 February 2015

 

Manas on February 2nd, 2015

1. Reliance Industries has teamed up with state run State Bank of India to apply for a payments bank licence. RIL and SBI have put in a joint application to the Reserve Bank of India (RBI) to set up a payment bank that can offer services such as remittances and deposits but not loans. SBI […]

Continue reading about Current Affairs India – 2 February 2015

 

Manas on January 31st, 2015

1. India has successfully test-fired indigenously developed, inter-continental surface-to-surface nuclear capable ballistic missile Agni-5 from Wheeler’s Island off Odisha coast today. This missile has a strike range of over 5000 kms and can carry a nuclear warhead of over one tonne. This launch was the third development trial of the longest range missile India has […]

Continue reading about Current Affairs India – 31 January 2015

 

 

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