August Current Affairs PartI

Q1)What is the major impact of devaluing of the currency ?
Ans:Exports Increase more than imports.

Q2) Which Sportsperson wrote recently wrote book name "Playing to Win"?
Ans Saina Nehwal.

Q3) Whats the Maximum and minimum limit on CRR?
Ans: There is no upper and no lower ceiling on CRR.

Q4) Whats the Maximum and minimum limit on SLR?
Ans: There is no lower ceiling and can be raised up to 40%.

Q5)How much interest does Banks gets on CRR reserves?
Ans: Zero percent .

Q6)Name the scheme started by Jammu and kashmir government for upliftment and empowerment of Women's?
Ans Ummeed

Q7 Which country became the first European and NATO Member country to make militry service obligatory for males as well as females?
Ans: Norway .

Q8 Under which act GOI gave RBI wide discretionary powers of supervision and control over commercial and cooperative banks?
Ans: RBI act 1934 and Banking regulation act 1949.

Q9 Name the credit rating agencys of India??
Ans a) CRISIL
       b) ICRA
       c) CARE
       d) ONICRA
       e) FITCH
       f) SMERA

Q10) which element contributed maximum to the Forex Reserve?
Ans Forex Currency Asset contributed maximum to the Forex reserves.

 August Current Affairs PartII