Important GK for SBI PO and Other- Part-1
Important GK Questions for SBI Upcoming Examination: 28-April-2013
Current Rates According to RBI:
- CRR - 4%
- SLR - 23%
- Repo Rate- 7.5%
- Reverse Repo Rate- 6.5%
- MSF - 8.5%
- Bank Rate- 8.5 %
Important Fact of RBI in news:
- RBI has launched a website with explanation to detect Counterfeit (Fake) notes with a tagline "Pehchano Paise Ki Boli, Qki Paisa Bolta Hai".
- Recently RBI(Reserve Bank of India) issued a guidelines that all the cheques should be cleared in two days.
- The RBI has issued a new series of 50 Paisa coins with the new Rupees Symbol.
- RBI has extended the date for implementation of Basel III by three months i.e. from 1st January to 1st April 2013.
- New bank will have to set up 25% of its Branch in unbanked rural areas.
Budget Related News:
Fiscal Deficit:
- Fiscal deficit seen at 5.2% of GDP in 2012-13.
- Fiscal deficit to 3% by 2016-17.
Revenue Deficit:
- Revenue deficit seen at 5.2% of GDP in 2012-13.
- Revenue deficit to 3% by 2016-17.
Amount allotted for major Sector in Union Budget 2013-14:(By- Finance Minister : P. Chidambram)
- Total Budget : 1665297 Crore
- Kisan Credit Card : 7 Lac Crore
- MGNREGA : 33000 Crore
- Mid day meal : 13215 Crore
- Sarva Sikhsa Abhiyan : 27258 Crore
- SIDBI : 10000 Crore
- Indira Awas Yojna : 15184 Crore
- JNNURM : 14873 Crore
Highlights of Rail Budget 2013-14 (By - Rail Minister : Pawan Kumar Bansal)
- First Congress minister to present Railway Budget in last 17 Years.
- Educational tourist train "Azadi Express" proposed.
- Target of investment of 1 Lac crore through PPP mode in 12th Five year Plan.
- Dronacharya awardees to get Shatabdi and Rajdhani passes.
- New coach factory in Rae Bareli in colaboration with Rahtriya ispat nigam Limited.
- A Coach manufacturing Unit in Sonepat District (Haryana) in collaboration with State government.
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