DAILY
CURRENT AFFAIRS 3-FEBRUARY 2015
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By: WWW.DailyGk.IN
1) 6thRBI BI MONTHLY POLICY REVIEW
Ø RBI
today Reduce the statutory liquidity ratio (SLR) of scheduled commercial banks
by 50 basis points from 22.0 per cent to 21.5 per cent of their NDTL with
effect from the fortnight beginning February 7, 2015.
Ø Repo
rate remain unchanged at 7.75 per cent.
Ø Reverse
repo rate under the LAF will remain unchanged at 6.75 per cent
Ø The
marginal standing facility (MSF) rate and the Bank Rate at 8.75 per cent.
Ø The
cash reserve ratio (CRR) of scheduled banks unchanged at 4.0 %
Highlights of Review
Ø Inflation
likely to be around target level of 6% by January 2016.
Ø Baseline
projection for 2014 GDP growth retained at 5.5%.
Ø 72
applications for Small Finance Banks and 41 applications for Payments Banks
received.
Ø FIIs
can invest in India corp. bond with 3-year maturity.
Ø RBI
raises cap on forex under LRS to $250,000 per person.
Ø Real
GDP growth in 2015-16 expected to rise to 6.5%.
2) RELIANCE TEAMS UP WITH
SBI FOR PAYMENTS BANK
Ø Reliance
Industries has teamed up with SBI to apply for a payments bank licence.
Ø RIL
and SBI put in a joint application to the Reserve Bank of India (RBI) to set up
a payment bank that can offer services such as remittances and deposits but not
loans.
Ø The
nation's largest lender SBI, which being a commercial bank could not apply for
a payment bank license,will hold 30% in the joint venture. RIL will be the
promoter and hold the balance 70%.
3) INDIA, CHINA LAUNCH
VISIT INDIA YEAR IN CHINA
Ø External
Affairs Minister SushmaSwaraj and Chinese Vice-Premier Wang Yang jointly
launched the Visit India Year in China in Beijing.
Ø The
initiative is aimed at enhancing the flow of tourists from China to India and
strengthen the people to people bond.
Ø It
is agreed to designate 2015 as Visit India Year in China and 2016 as Visit
China Year in India.
Ø Under
this, the two sides will carry out a series of promotional activities to boost
two-way tourism inflow and strengthen people to people bonds.
4) BHARAT RANG MAHOTSAV
BEGINS IN DELHI
Ø The
17th edition of Bharat Rang Mahotsav begins in the national capital.
Ø Organised
by the National School of Drama, NSD, the theatre festival was inaugurated by
Culture Minister Dr Mahesh Sharma and actor Om Puri.
5) ADITYA BIRLA, FUTURE
GROUP APPLY FOR PAYMENT BANK LICENCES
Ø Aditya
Birla Nuvo Ltd, Future Group and Vakrangee Ltd sought permission from the
Reserve Bank of India (RBI) to set up payments banks.
Ø A
payments bank licence will allow companies to accept deposits of up to Rs.1
lakh and increase payment options, especially for people who have no bank
accounts.
Ø Aditya
Birla Nuvo will hold 51% stake in the proposed payments bank and the remaining
49% will be owned by Idea Cellular
6) HIV TREATMENT TO BE
LINKED TO AADHAAR
Ø Anti-Retroviral
Therapy (ART) Treatment for HIV/AIDS infection will now be linked to Aadhaar.
Ø Even
those coming for HIV infection testing will have to produce their Aadhaar
cards.
Ø This
is to avoid duplication of patients going to several ART Centres for testing.
Ø The
National Aids Control Organisation (NACO) has created a special software which
will identify a patient who goes for testing at different centres and gets
registered at all the centres.
7) KANAGASABAPATHY
SRIPAVAN APPOINTED AS CHIEF JUSTICE OF SRI LANKA
Ø President
of Sri lankaMaithripalaSirisena has appointed KanagasabapathySripavan as the country's top lawyer. Sripavan sworn
in as Sri Lanka's 44th chief justice.
Ø Sripavan
is the second Tamil to be the Chief Justice of the Sri Lankan Supreme Court.
