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Current Affairs May 2014 Free Download PDF
05-06-2013, 11:36 PM
Post: #1
Current Affairs May 2014 Free Download PDF
Current Affairs May 2014 Question Answers, Current Affairs May 2014 Date Wise Points, International Current Affairs May 2014 MCQ,
Political Current Affairs April 2014 Free Download, Indian Current Affairs May 2014 PDF, Sports Current Affairs May 2014 Banking Current Affairs May 2014 UPSC Current Affairs May 2014 IBPS Current Affairs Mayr 2014 Corporate Current Affairs May 2014
Science Current Affairs May 2014 Bollywood Current Affairs Mayr 2014 Personalities Current Affairs 2014 Environment Current Affairs 2014
Honours And Awards Current Affairs 2014 Culture Current Affairs 2014 Astronomy Current Affairs 2014 World History Current Affairs 2014 Business Current Affairs 2014 Books And Authors Current Affairs 2014
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05-07-2013, 03:38 PM
Post: #2
RE: Current Affairs May 2014 Free Download PDF
RBI reduced the Repo Rate (the rate at which RBI lends money to commercial banks), to 7.25% from 7.5% while keeping the CRR (Cash Reserve Ratio- the portion of deposits that banks require to maintain with RBI) unchanged at 4%.

Monetary Measures
Repo rate: reduction by 25 bps from 7.5% to 7.25%
Reverse repo rate: 6.25% (100 bps below repo rate)
MSF (Marginal Standing facility) rate: 8.25% (100 bps above repo rate) Bank rate: 8.25% Cash reserve ratio retained at 4% of NDTL (Net Demand and Time Liabilities)

Impact of repo rate cut:
Reduced cost of overnight borrowing for commercial banks from RBI.
Lead to reduced lending rates, helping in better macroeconomic sentiments.

RBI has invoked banks to pass the impact of above to end users as banks hold to factor the benefit.

Why a Need of reduction in repo rate ?
In order to continue to address risk towards growth.
Insistence by Government and industry to lower borrowing costs to spur economic growth, estimated to have slumped to 5% in the year
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05-07-2013, 03:40 PM
Post: #3
RE: Current Affairs May 2014 Free Download PDF
This year’s ISRO Young Scientist Award was given to Jenita Mary Nongkynrih, a young woman scientist from Meghalaya.
Award: Citation and cash of Rs 50,000
Project: She was awarded for her Urban Information system project in the North East
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11-08-2013, 02:02 AM
Post: #4
RE: Current Affairs May 2014 Free Download PDF
Please kindly send me the current affairs of 2013 in India.And previous year MT Test papers
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02-17-2014, 03:53 AM
Post: #5
RE: Current Affairs May 2014 Free Download PDF
sir! Can you send me sail question papers of previous papers .
email id :naveencool463@gmail.com
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