April 2014 Current Affairs <><><> RBI keeps repo rate unchanged at 8 per cent and CRR at 4 per cent Pegs growth rate between 5 to 6 per cent.

Size: px

Start display at page:

Download "April 2014 Current Affairs <><><> RBI keeps repo rate unchanged at 8 per cent and CRR at 4 per cent Pegs growth rate between 5 to 6 per cent."

Mervyn Young
5 years ago
Views:

1 April 2014 Current Affairs 1st April, 2014 RBI keeps repo rate unchanged at 8 per cent and CRR at 4 per cent Pegs growth rate between 5 to 6 per cent. US Secretary of State John Kerry met Israeli Prime Minister Benjamin Netanyahu to salvage West Asia peace talks. The Reserve Bank of India (RBI) kept the repo rate unchanged at 8 per cent in its first bi-monthly monetary policy statement for the year The GDP growth for is expected at 5 to 6 per cent with downside risks. It has also kept the cash reserve ratio (CRR) unchanged at 4 per cent. The marginal standing facility (MSF) rate and the Bank Rate remain unchanged at 9 per cent. However, the Liquidity Adjustment Facility (LAF) borrowing has been cut to 0.25 per cent of net demand and time liability (NDTL). Fi No Phenomena causes less then normal mensoon. The new Companies Act, 2013, has come into force from today. However, many sections are yet to be notified. Among these are setting up of a National Company Law Tribunal (NCLT), a National Financial Reporting Authority (NFRA), winding-up of sick companies and special courts. Companies will be required to follow the provisions in this regard of the old Companies Act, Asian Development Bank, ADB, has said India's GDP is poised to accelerate to 5.5 per cent in on the back of improved performance in industry and services. TALENTSPRINT Copyright

2 3rd April, 2014 The Sahara Group has expressed its inability before the Supreme Court to immediately deposit 10,000 crore rupees for securing bail of its chief Subrata Roy and its two directors. In a fresh proposal submitted to the Apex Court the company said that it can deposit 2,500 Crore rupees immediately to SEBI. 4 th April, 2014 Supreme Court refuses to entertain a PIL seeking to restrain political parties from entering into post-poll alliances. ISRO to launch PSLV-C24 from Sriharikota this evening; Countdown progressing smoothly. The Indian Space Research Organisation, ISRO is all set to launch its Polar Satellite Launch Vehicle PSLV-C24 from Sriharikota. The PSLV-C24 will put India's navigation satellite, the Indian Regional Navigation Satellite System, IRNSS-1B into orbit after over 19 minutes of flight. If all goes well, it will be ISRO's 25th consecutive successful launch of a PSLV. India ranks a hundred and second among the 132 countries on the Social Progress Index, a measure of human wellbeing that goes beyond traditional economic measures such as GDP or per capita income. 5 th April, 2014 Six major world powers - The US, The UK, France, Russia, China plus Germany continued their expert-level talks for the second consecutive day in Vienna. The expert level talks are aimed at fleshing out the details of a comprehensive long lasting deal over Iran s nuclear program. Iran s top nuclear negotiator, Hamid Baeidinejad, said that both sides discussed technical issues. The results of expert level talks will be discussed at Iran and P5+1 meeting of deputy foreign ministers next week. TALENTSPRINT Copyright

3 6 th April, 2014 Devyani Khobragade episode as closed, saying there are residual issues which need to be addressed. Foreign Secretary Sujatha Singh DevyaniKhobragade, an IFS officer was arrested in New York on December 12 last and was strip-searched, triggering a row between the two countries. 7 th April, 2014 The Chief Vigilance Commissioner Pradeep Kumar has pleaded before the Supreme Court today, to allow him to withdraw from dealing with the coalgate probe cases. 8 th April, 2014 Pulitzer Prize-winning Indian American novelist Jhumpa Lahiri's "Lowland" has been shortlisted for this year's Baileys Prize, the UK's only annual book award for fiction written by a woman. The book, set in Kolkata and Rhode Island in the US, is about the lives of two brothers, their choices and their fate. Lowland was also shortlisted for the Man Booker Prize. Five other books have also been shortlisted. US Scientists have found a novel way to transform trees into high-tech energy storage devices for computers and other consumer electronics. Researchers at Oregon State University have found that cellulose, a key component of trees, can be heated in a furnace in the presence of ammonia, and turned into the building blocks for super capacitors having a wide range of industrial applications. 11 th April, 2014 Reserve Bank Governor RaghuramRajan has said though the country has enough foreign exchange reserves, no nation can fully insulate itself from external vulnerabilities. At a conference organised by the Brookings Institution in Washington yesterday he said that India is well-buffered with substantial reserves, though no country can be de-coupled from the international system. In the justconcluded financial year, the country's forex reserves crossed the 300 billion US Dollar mark, the highest since December TALENTSPRINT Copyright

4 The country's exports rose 3.98 percent, to 312 billion dollars in the fiscal. The trade deficit dropped to 138 billion dollars during the fiscal, from 190 billion in the fiscal. Australian Prime Minister Tony Abbott 12 th April, 2014 Six security personnel killed in a naxal attack in Bijapur district in Chhattisgarh. Manavjit Singh Sandhu clinches Gold in Men's trap event of the ISSF Shotgun World Cup in US. Chief Election Commissioner V S Sampath and Election Commissioners Zaidi and P K Dash Meanwhile, the Group of 20 Nations said it is closely monitoring the economic situation in Ukraine. Finance Ministers and Central bank Governors of the G-20 nations said this in a joint communique, issued on the sidelines of the annual meeting of the International Monetary Fund, IMF and the World Bank in Washington.. The communique said that the situation in Ukraine highlights the important role of the IMF as the world s first responder to financial crises. 13 th April, 2014 Russia's Foreign Minister Sergei Lavrov says any armed action by Ukrainian authorities in the east of Ukraine could undermine forthcoming talks. Palm Sunday commemorating Jesus Christ's triumphal entry into Jerusalem as king is being celebrated by Christians all over the world. It is celebrated on the last Sunday before Good Friday, the day Christ was crucified. TALENTSPRINT Copyright

5 14 th April, 2014 Nation remembers Baba Saheb Ambedkar on his 123rd Birth Anniversary. 15 th April, 2014 Supreme Court recognises transgenders as third gender; recommends job quota and backward status. 16 th April, 2014 Seventh edition of Indian Premier League cricket begins this evening in Abu Dhabi. The seventh edition of the Indian Premier League Twenty-20 cricket tournament begins. In the opener, defending champions Mumbai Indians will clash with Kolkata Knight Riders in Abu Dhabi at 8 17 th April, 2014 Admiral R K Dhowan is the new Navy Chief. 19 th April, 2014 The captain of the sunk South Korean ferry has said that he delayed giving evacuation orders because he feared that passengers would drift away. Lee Joonseok, 69, was arrested with two crew members. He has been criticised for not giving orders to evacuate soon enough. The captain faces charges including negligence of duty and violation of maritime law. 20 th April 2014 TALENTSPRINT Copyright

6 In Saudi Arabia, two more foreigners have died of the Middle East Respiratory Syndrome, MERS Corona virus infection in Jeddah taking the overall death toll due to the infection to 75 in the country. Five more new cases including two foreigner medics have been reported infected with MERS in the city. 21st April, 2014 Justice G. Rohini takes over as first woman Chief Justice of Delhi High Court. The South Korean President Park Geun-hye 22 nd April, 2014 Supreme Court asks Mudgal Committee if it is willing to further probe BCCI President N. Srinivasan and senior cricketers in the IPL scandal. 25th April, 2014 Israel suspends peace talks with Palestinians after Fatah-Hamas deal. 26th April, 2014 PV Sindhu, and the duo of Jwala Gutta and Ashwini Ponnappa settle for a bronze medal at the Asian Badminton Championships. TALENTSPRINT Copyright

7 27th April, 2014 South Korea's Prime Minister Chung Hong-Won resigns over ferry mishap that left over 300 people dead or missing. Justice Rajendra Mal Lodha was sworn in as the 41st Chief Justice of India. He was administered the oath of office by the President Pranab Mukherjee at a function in Rashtrapati Bhavan in New Delhi. 28th April, 2014 The Supreme Court stayed the execution of death sentence of Mohd. Arif convicted in 2000 Red Fort attack. 31st April, 2014 IraqPrime Minister Nouri Al Maliki TALENTSPRINT Copyright

CURRENT AFFAIRS SERIES - 14

CURRENT AFFAIRS SERIES - 14 1. India, Israel ink Nine Pacts on Cyber Security, Other Sectors i. India and Israel signed nine documents to further the cooperation. These include cooperation in Cybersecurity,