DAILY FREE CURRENT AFFAIRS 3 JUNE 2015

DAILY CURRENT AFFAIRS 3 JUNE 2015

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INTERNATIONAL

1. MAURITIUS DESIGNATED FIRST WOMAN PRESIDENT:

i. Mauritius designated ameenah Gurib- Fakim as its first woman president.

ii. Ameenah is an internationally –renowned scientist and biologist.

iii. Ameenah Gurib-Fakim succeeded Kailash Purryag.

2.   INDIA-SWEDEN SIGNED 6 AGREEMENTS:

i.   India and Sweden singed 6 agreements during visit of Pranab Mukherjee to Sweden.

ii.  Pranab Mukherjee is the first ever Indian head of state to visit Sweden.

3.  KOLKATA DHAKA AGARTALA BUS SERVICE BEGAN:

i.  Trail run of Kolkata-Dhaka-Agartala bus service began.

ii.  With this launch, the time taken to reach Agartala from Kolkata will be reduced to 17 hours

NATIONAL NEWS

4.  PAWAN MUNJAL BECOMES CMD OF HERO MOTOCORP LTD:

i.  Pawan Munjal is appointed as the CMD of Hero MotoCorp ltd.

ii.  Pawan Munjal succeeded his father Brijmohan Lal Munjal.

iii.  Hero MotoCorp Ltd is world’s largest manufacturer of two wheelers in India

CMD- Chairman and Managing Director.

5.  2 NATIONAL IMPORTANT APPOINTMENTS:

Post- Director	Place	Replace
I. P Kunhikrishnan	SDSC (Satish Dhawan Space Centre)	MYS Prasad
II.  K Sivan	VSSC (Vikram Sarabhai Space Centre)	M Chandradathan

BANKING NEWS

6.  MEENA HEMCHANDRA APPOINTED AS EXECUTIVE DIRECTOR O RBI:

i.  Meena Hemchandra is appointed as the Executive Director of RBI.

ii.  Meena Hemchandra succeeded Chandan Sinha.

7.  RBI CUTS REPO RATE BY 25 BPS:

i.   RBI cuts Repo Rate by 25 basic points in monetary policy review.

ii.  Repo rate is decreased from 7.5% to 7.25% while CRR is kept unchanged at 4%.

iii. Repo Rate is the rate of interest charged by RBI from other commercial banks on the loans provided to commercial bank in the event of any shortfall of funds.