Economic Current Affairs........

1.  FCNRB stands for Foreign Currency Non-Resident Bank .
2.   FIIs stands for Foreign Institutional Investor.
3.  QFIs stands for Qualified Foreign Investors.
4.  FEMA stands for Foreign Exchange Management Act.
5. For which of three oil companies did RBi decide to open forex swap window to meet the daily dollar reguirement ?   Ans :  IOC, HPCL and BPCL
6. India's GDP growth rate of India has dropped to 4.4% .
7. Who has annonced two 48 days Government of India Cash Management Bills ?
8. Latest Banking Sector Rates:  a) SLR : 23%  from 24.5%  b) Bank Rate : 9.25% from 10.25%        c) CRR : 4% from 4.25% d) Repo rate: 7.50 increased from 7.25% e) Reverse Repo Rate : 6.50% from 6.25%