Page-4 of GKToday Archives: January, 2013
World economy to recover marginally in 2013: IMF
As per 188-member International Monetary Fund’s (IMF) World Economic Outlook (WEO) report, the global economy will undergo modest upturn in 2013 as the constraints on growth gradually ease, but policy complacency should be guarded against as risks remain. As per ..
Month: Current Affairs - January, 2013
Category: International / World Current Affairs
RBI relaxes rules for FII in debt
The Reserve Bank of India (RBI) has notified certain relaxations in the rules for FII in debt, these are: The investment limit in Government Securities (G-Secs) by Foreign Institutional Investors (FIIs) and long-term investors has been enhanced by $5 billion ..
Month: Current Affairs - January, 2013
Current CRR (Cash Reserve Ratio)
On January 29, 2013, RBI announced to reduce the cash reserve ratio (CRR) of scheduled banks by 25 basis points from 4.25 per cent to 4.0 per cent of their net demand and time liabilities (NDTL). This rate is effective ..
Pakistan holds “Saffron Bandit” combat exercise
The Pakistani military conducted a combat exercise “Saffron Bandit” involving fighter jets and ground troops. The exercise is being conducted against the backdrop of a elevated tensions with India following a string of ceasefire violations along the Line of Control ..
Month: Current Affairs - January, 2013
Category: International / World Current Affairs
India, Rwanda ink MoU in Water Resources Development and Management
India and Rawanda inked a Memorandum of Understanding (MoU) on bilateral co-operation in Water Resources Development and Management. The pact targets various areas of co-operation with focus on planning, design and implementation of marshland and hillside irrigation, watershed management, water ..
Month: Current Affairs - January, 2013
Category: Places in News Current Affairs