For Banks and Other Exams Some Important Current Affairs
04 Dec 2014
Some Important Current Affairs (3.12.2014 TO 4.12.2014)
1. RBI keeps rates unchanged
The Reserve Bank of India (RBI) on Tuesday kept the short-term indicative policy rate (repo rate) unchanged at 8 per cent, as the current economic environment is not conducive ……..
2. A welcome U-turn
In making it clear that his government intends to move quickly on the 2011 Protocol to the existing 1974 Land Boundary Agreement with Bangladesh, Prime Minister Narendra Modi has made an important and necessary correction to the Bharatiya Janata Partys neighbourhood vision. ………
3. Insecure and insular in urban India
When every politician, industrialist and bureaucrat resides in palatial isolation on select real estate, the message of civic insecurity and isolation comes out loud and clear. Divided by caste, class, rank, economics, social order and professional position, shared life has become a distant dream…………
4. Rethink the death penalty
As India continues to stand in favour of the death penalty, it is increasingly finding itself in the margins of world politics and international standards on this issue. On a UN General Assembly resolution to establish a moratorium on death penalty, a vast majority ……….
5. India and France to fast-track Rafale deal
It would be Frances first foreign sale of the combat-tested planes.
Indian and France agreed on Monday to overcome differences and fast-track ongoing negotiations for the purchase of 126 Rafale fighter jets from France, a Defence Ministry spokesperson said…………..
6. We look forward to RBI to support growth: Finance Ministry
The Union Finance Ministry has said that the Centre and the Reserve Bank of India (RBI) will work towards a monetary policy framework that will help reduce inflationary expectations and further support the revival of investment and growth.Responding to the Monetary Policy …………
7. Tax cash withdrawal beyond limit in a day: Shome panel
A high-level official panel on Tuesday proposed levying of banking transaction tax on withdrawal of cash beyond a specified limit in a day to check black money, and was not in favour of the tax amnesty scheme.A report by the Parthasarathi Shome Committee, …………
8. Raghuram Rajan plays it safe on interest rates
As widely expected, even though it was not what many had hoped for, the Reserve Bank of India (RBI) on Tuesday maintained the status quo on the repo rate in its fifth bi-monthly policy review ………..
9. Private stations can be a win-win for railways, operators
The idea of modernising and running Indias large railway stations in the public-private-partnership (PPP) mode has been dusted and taken off the shelf. The prime minister has announced that this will be done initially in around a dozen stations, with trains running below and the space ……….
10. Subir Roy: A new frontier in banking
If the guidelines finalised by the Reserve Bank of India (RBI) for issuing licences for limited banking - payment and small banks - actually result in a critical number of such banks taking off, then it will have an ………..
11. Centre hikes excise duty on petrol, diesel
For the second time in a month, the Centre has hiked the excise duty on petrol and diesel.This increase is unlikely to have an immediate impact on retail prices. However, if global crude oil prices dip further, there is no guarantee that public sector oil retailers will reduce prices…………
12. A matter of time
To the dismay of industry, Reserve Bank of India Governor Raghuram Rajan has held the policy rate in his fifth bi-monthly review. But while maintaining the status quo, he has signalled — ……….
13. What it means to be poor and disabled
Poverty indices must include disability as an indicator. That can change the way the world looks at the underprivileged……………
14. Work Out New Strategy to Finish Maoists
The killing of 14 CRPF personnel, including two officers, in Chhattisgarh on Monday is the worst the paramilitary force has suffered this year. Fifteen other personnel were injured, five of them seriously. The Maoists got away with a cache of weapons. ………
15. Multilateral Success in Summit
Prime minister Narendra Modis Nepal visit (November 25-27) had both a multilateral and bilateral dimension. On both counts his conduct was masterly and helped further enhance Indias standing.The 18th SAARC Summit provided a multilateral dimension to his Nepal visit. …………
16. No Time to Lower Guard on Inflation Front
The Reserve Bank of India (RBI) has done well to hold interest rates steady, as a change in the monetary policy at this juncture would have been premature. However, it has held out a promise
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General Awareness
