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Gk Capsule Feb 2015

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Gk Capsule Feb 2015
GK Power Capsule – February 2015 (The Hindu Review)
This GK Capsule has been prepared by Career Power Institute Delhi (Formerly Known as Bank Power). This document consists of all important news and events of last few months which can come in SBI Clerk Exam.
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Reserve Bank of India reduced the Statutory
Liquidity Ratio by 50 basis points to 21.50 per cent from 22 per cent with effect from February 7. This is likely to pump in around Rs.45,000 crore to the system. RBI kept the short-term term policy rate (repo rate) unchanged at 7.75 per cent, which the central bank had reduced by 25 basis points from 8 per cent on January 15. It also maintained status quo in the Cash Reserve Ratio (CRR) at 4 per cent. RBI said that inflation is likely to be around the target level of 6 per cent by January 2016.
a. Bank Rate – 8.75 % (Unchanged) ged) b. Cash Reserve Ratio – 4 % (Unchanged)
c. Statutory Liquidity Ratio – 21.5 % (0.5 %
Decreased)
d. Repo Rate – 7.75 % (Unchanged)
e. Reverse Repo Rate – 6.75 % (Unchanged)
f. Marginal Standing Rate – 8.75 % (Unchanged)
Kshatrapati Shivaji was appointed as the Chairman and Managing Director of Small Industries
Development Bank of India (SIDBI).
Janatal Dal (United) leader NItish Kumar was sworn in as the 34th Chief Minister of Bihar. He succeeded Jitan Ram Manjhi, who resigned from his office on 20 February 2015 before the trust vote. Nitish Kumar resigned from his office on 17
May 2014 after his party performed poorly in the
2014 Lok Sabha elections.
Eminent scientist Tapan Misra was appointed as the Chief of ISRO’s Space Applications Centre (SAC) at Ahmedabad, Gujarat.
Arvind Kejriwal was sworn-in in as Chief Minister of
Delhi. The oath of office and secrecy was administered by Lieutenant Governor Najeeb Jung at Ramlila Ground, Delhi.

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Senior IPS officer Krishna Chaudhary took charge as the Director General of the border guarding
force

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