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CURRENT AFFAIRS AUGUST20141. RBI has held policy rates at current levels. However RBIs move to cut SLR by50 bps to 22 could provide ban!s an additional li"uidity o# RS $$%000 crore.&urrent 'scal year is e(pected to )o up to 5.5 per cent #rom $.* per cent in last'nancial year.

i. Ban! Rate + , -nchan)ed/ ii. &ash Reserve Ratio + $ -nchan)ed/

iii. Statutory Li"uidity Ratio 22 % (Decreased 0.5% i!. Repo Rate + -nchan)ed/

!. Reverse Repo Rate + * -nchan)ed/ !i. 1ar)inal Standin) Rate + , -nchan)ed/

2. nion overnment appointed chairman o# 3oint Intelli)ence &ommittee -3I&/

R4 Ravi as 4a)a interlocutor. He was also appointment as &hie# o# the 3ointIntelli)ence &ommittee.

".ur!ey6s rulin) party named 7inance 1inister A#$et Da!to&' as Ne)ri$e *i+ister o# ur!ey.4.hailand coup leader% 8rmy &hie# 9rayuth &hanocha was elected as the 9rime1inister o# hailand.5. )ro,. -. . T#o$as was appointed as &hairman o# )/'ic Acco+tsCo$$ittee.. Ra:ni Ra;dan became the new &hairperson o# the nion 9ublic Service&ommission. She replaced 9ro#. < 9 8)rawal.

. - C#odar appointed as new &hairman o# &entral 3oard o, DirectTaes -&B

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1. -i+od $ar D&&a' resi)ned as 1anipur overnor.1. S#ei'a Diashmir.25. Bipan &handra% #ormer pro#essor o# history% died.2. =scar@winnin) British 'lmma!er and actor Richard 8ttenborou)h died.Richard 8ttenborou)h was renowned #or his critically@acclaimed biopic on1ahatma andhi.2. UR A+a+t#a$rt#% an eminent >annada writer died.2. Dorld@renowned yo)a )uru 3. .S Ie+&ar died.27. ?scar=i++i+& actor and comedian Ro/i+ @i''ia$s was #ound dead at hishome."0. )ra+ $ar S#ar$a% the eminent cartoo+ist who created the comic boo!character li!e &hacha&haudhary and Sabu died."1. nion Home 1inister Ra:nath Sin)h launched a 9lan Scheme o#1ainstreamin) &ivil

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". 8 boo! titled G;aratBs sccess stor i+ @ater *a+a&e$e+t wasreleased. his boo! was written by B39s 4ational &onvener o# Dater1ana)ement &ell% Srira$ -edire."7. 8 boo! Strict' )erso+a': *a+$o#a+ a+d Grs#ara+ ritte+ /Da$a+ Si+ was published. he boo! is the untold story o# 1anmohan Sin)h%Indias thirteenth 9rime 1inister% and his wi#e.40. Si!ara$a

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the accounts in the 'rst si( months% ban!s will later e(tend a Rs 5%000 overdra#t#acility% thereby turnin) the debit card into a !ind o# credit card. he debit card isbein) issued by Ru9ay o# the 4ational 9ayments &orporation o# India. 8ccountswill opened with any one document includin) electricityKtelephone bill%marria)eKbirth certi'cate #or address proo# and 4RA8 :ob cardK identity card o#accredited institutions #or identity proo#. Havin) an 8adhaar cardKnumber is notmandatory. hese accountscan be lin!ed to aadhaar numbers later.5. overnment plans to hi!e its sta!e in I7&I Ltd to 5? per cent by in#usin) RsJ0 crore in the country6s oldest 'nancial institution. 8t present the sta!e isnearly $ per cent.5.

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. RBI as!ed the State )overnments to be vi)ilant a)ainst unauthorised depositmobili;ation activities in diMerent parts o# the country..he nion Rural

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0. India ra+