1. RBI cuts interest rate by 0.25 per cent: CRR
unchanged
i. In its mid-quarter policy
review today, the Reserve Bank of India (RBI) decided to reduce the key repo
rate by 25 basis points from 7.75 per cent to 7.5 per cent with immediate effect.
ii. Consequently, the reverse
repo rate stands adjusted to 6.5 per cent and the marginal standing facility
(MSF) rate and the Bank Rate to 8.5 per cent with immediate effect. You are reading current affairs on Jobentra.blogspot.com
iii. The RBI has left the cash
reserve ratio (CRR) unchanged at 4 per cent.
iv. However, the apex bank
said that high current account deficit (CAD) and inflationary expectations
limit possibility of further easing of rates.
v. RBI has retained the
growth and inflation forecast at 5.5 per cent and 6.8 per cent respectively for
the current fiscal.
NOTE: This is the second policy
rate cut by the RBI this calendar year to help revive a faltering economy,
taking comfort from moderating core price pressures and the government's
commitment to trim the fiscal deficit.
CURRENT RBI
RATES:
1. CRR – 4%
2.
Repo Rate – 7.5%
3. Reverse Repo
Rate – 6.5%
4. MSF – 8.5%
5.
Bank Rate – 8.5%
6. SLR – 23%
6. SLR – 23%
2.
Sugathakumari Selected For
Saraswati Samman 2012
i. Sugathakumari, the Malayalam
poetess was chosen for the Saraswati Samman 2012 for the poetry collection
Manalezhuthu, which means The Writing
on the Sand in English.
ii. The Saraswati Samman is
constituted by K. K. Birla Foundation.
iii. Saraswati
Samman is awarded annually for outstanding literary work in any Indian language
in past 10 years.
About Sugathakumari
i. Sugathakumari has 15
volumes of poetry credited to her.
ii. Sugathakumari is also the
passionate environmentalist.
iii. She was also the head of Kerala’s State Women’s Commission.
iv. She also has six
collections of prose. Her career spans over a duration of five decades.
About Saraswati Samman
i. Saraswati Samman is
constituted by K. K. Birla Foundation.
ii. The award carries cash
prize of 10 lakh Rupees, a plaque as
well as a citation.
iii. This award is given every year to the literary work in any Indian
language which is the part of Eighth Schedule of the Constitution.
iv. Apart from
this award, K. K. Birla Foundation also constituted other two awards which
include Bihari Puraskar for Hindi and
Rajasthani writers and Vyas Samman for Hindi.
3.
'Paan Singh' best film, Irrfan best actor at National Film
Awards 2013
i. 'Paan Singh Tomar', Tigmanshu Dhulia's biopic on the
athlete-turned-dacoit, was named the best picture at the 60th National Film
Awards while its male star Irrfan Khan shared the best actor trophy
with veteran Marathi actor Vikram Gokhale.
ii. For
the first time a thirty two year old Kashmiri film maker has won best award in nonfiction
category.
iii. 'Shepherds
of Paradise' a documentary produced and directed by Raja Shabir Khan has been adjudged the best film in this category.
iv. Shabir has also won the best Cinematographer award for the same
filim which he has also shot and edited himself.
Here are the lists of the winners:
i. Best Actor: Irfan Khan for Pan Singh Tomar and
Vikram Gokhale for Anumati (Marathi).
ii. Best Actress: Usha Jadhav for Marathi film 'Dhag'.
iii. Best Hindi Feature
Film: - Paan Singh Tomar.
iv. Best Film for Wholesome
Entertainment: Vicky Donor & Ustad Hotel (Malayalam).
v. Best Song: Bolo Na (Chittagong).
vi. Best Tamil film:
Vazhakku En 18/9
vii. Best Film on Social
Issues: Spirit (Malayalam).
viii. Best Hindi Film: Filmistan
ix. Best Telugu film: Eega
x. Best Film on
Environment: Black Forest (Malayalam).
xi. Best Non-Feature
Film: Shepherd's of Paradise.
xii. Best Direction - Shivaji Lotan Patil (Dhag - Marathi Film).
About National Film Awards
i. The National Film Awards are most
prominent awards given away to the film fraternity.
ii. These awards were established in 1954.
iii. Annually, the national panel is
appointed by Government of India which selects the winner. The awards are
presented by the President of India in the official ceremony.
4. India and Egypt sign 7 key pacts
i. India and Egypt today
signed seven key pacts in the areas of cyber security, Information technology,
services, electronics, small and medium enterprises, manufacturing,fertilisers,
and renewable energy.
ii. The agreements were signed
following delegation level talks between Prime Minister Manmohan Singh and the visiting Egyptian President Mohamed Morsi
in New Delhi.
iii. The Prime Minister said he
and Morsi agreed to foster productive partnerships in socio-economic
development programmes, skill development, higher education, agriculture and
health care.
5. DMK quits
UPA govt over Sri Lankan Tamils
issue
i. Giving a
jolt to the Congress, the DMK pulled out of the UPA government at Centre on
Tuesday.
ii. DMK chief M Karunanidhi today
snapped his party's nine-year long association with UPA and also decided to
withdraw his ministers from the government.
iii. DMK chief Karunanidhi said, "When
a situation has been created that will not benefit Ealam Tamils, it will be a
big harm to the Tamil race for DMK to continue in government. Therefore it has
been decided that DMK will withdraw from the Cabinet and the coalition." You are reading current affairs on Jobentra.blogspot.com
iv. Slamming
the government, he said its failure to understand the depth of the Tamils issue
or not supporting them or remaining neutral "will close down the
democratic ideals propounded by Mahatma Gandhi and (Sri Lankan Tamil veteran)
Chelvanayagam."
v. The DMK
also wants the Parliament to adopt a resolution against Sri Lanka.
NOTE: i. This is
the second instance within a year that an ally has pulled out of the
Congress-led UPA government at Centre.
ii. Earlier,
the Trinamool Congress had quit the
UPA on the issue of economic policies pursued by the Centre.
iii. There are
18 DMK MPs in Parliament. Half way
mark is 271. If DMK pulls out then the Congress will be left with the support
of just 232 MPs in Parliament. In that case they will be completely dependent
on the ouside support of the Samajwadi Party, the BSP, RJD and JD(S).
6. MP bagged Awards for Best Civic Management of a
Tourist Destination
i. Madhya Pradesh bagged two national
tourism awards: One for the best civic
management of a tourist destination and other for the most innovative and
unique tourism project in the 23rd
National Tourism Award.
ii. Madhya Pradesh which is known for
tourism hotspots received the awards from President Pranab Mukherjee at a
function held for National Tourism Awards 2011-12 in New Delhi, at Vigyan
Bhawan.
iii. The state received the award in
category-‘B’ city for Municipal Council
of Mandu in Dhar district.
iv. It also got another award for most
innovative and unique tourism project-Air
Taxi.
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