Abstract
We study spatially homogeneous and anisotropic Bianchi-V perfect fluid cosmological model with variable G and Λ. Exact solutions to the field equations in the case of particle creation and in the absence of particle creation are obtained by assuming a constant deceleration parameter. The model has a big-bang-type singularity at the initial time t = 0. We find that a constant value of deceleration parameter is reasonable for a description of the present day universe. We also observe that the variable G does not necessarily imply particle creation. The behavior of observationally important parameters such as the expansion scalar, mean anisotropic parameter and shear scalar are discussed. It is observed that the solutions are compatible with the results of recent observations.
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