Abstract: The moderate and intense geomagnetic storms are identified for the first 77 months of solar cycles 23 and 24. The solar sources responsible for the moderate geomagnetic storms are indentified during the same epoch for both the cycles. Solar cycle 24 has shown nearly 80% reduction in the occurrence of intense storms whereas it is only 40% in case of moderate storms when compared to previous cycle. The solar and interplanetary characteristics of the moderate storms driven by coronal mass ejecti…