General Awareness Bullet- 2015 (Comprehensive Summary of General Awareness Topics of July 2015)
www.pagalguy.com General Awareness Bullet- 2015 (Comprehensive summary of general awareness topics of July 2015) Dear PaGaLGuY readers, This General Awareness Bullet is a comprehensive summary of important news and events that occurred in July 2015. This bullet is relevant for Banking, SSC, Insurance and UPSC Exams . We intend to release PaGaLGuY Bullets for various exams every month. Do print out a hard copy of this for your regular use. Our goal is to ensure that you perform well in your exams and that you have the necessary material readily available. To receive all the material that we have, log on to http://www.pagalguy.com Prepared by - Shraddha Kakade (http://www.pagalguy.com/@shraddha141 ) RBI in news Current Rates: Repo Rate 7.25% Reserve Repo 6.25% Cash Reserve Ratio (CRR) 4% Statutory Liquidity Ratio (SLR) 21.5% Marginal Standing Facility (MSF) 8.25% Bank Rate 8.25% www.pagalguy.com www.pagalguy.com 1. Central Bank of Sri Lanka, RBI ink currency swap agreement - The RBI has signed a special currency swap agreement with the Central Bank of Sri Lanka, which allows the latter to draw up to $1.1 billion for a maximum of six months. This agreement is in addition to the existing Framework on Currency Swap Arrangement for SAARC countries. In March 2015, the RBI had signed a currency swap agreement with the same bank for $400 million under the SAARC currency swap framework within the overall limit of $2 billion. 2. RBI urges public from writing on banknotes - The Reserve Bank of India (RBI) has urged public not to write on the watermark window of the banknotes as it helps in distinguishing the genuine notes from the fake ones.
[Show full text]