Current Affairs India - 4 October 2016

1. Urijit Patel, Governor of the Reserve Bank of India has cut interest rates by 25bps to boost growth as inflation shows sign of softness. It has cut repo rate by 25 bos to 6.25%.


2. SBI (State Bank of India) has announced to open a branch for the first time at Youngman, Mayanmar.


3. Jawhar Sircar has resigned as the chief executive officer of Prasar varati.


4. Dassault Aviation of France and Reliance group has become partner to execute offsets for recently concluded deal for 36 rafale fighter jets.


5. K L Yesudas, the famous singer has become the brand ambassador of Heritha Keralam (Green Kerela) Project.


6. The World Bank has projected India's GDP growth rate at 7.6% for year 2016 and 7.7% for year 2017.


7. Ashish Vohra - newChief Executive Officer (CEO) of Reliance Nippon Life Insurance Ltd.