A currency swap is an arrangement whereby two currencies are exchanged generally between two central banks in lies of a forward premium. For instance, $ is exchanged for Rs. With a precondition to returning it after say, 3 years at a determined forward premium. Pros: Regulating liquidity Helps in controlled appreciation of supplies, thereby helping […]
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Any individual, corporation society, business entity, society, NGO etc. Providing banking services in the areas where they’re in no facility of a bank branch or ATM are termed as banking/business correspondents. Individuals are generally retired bank employee’s, ex. Servicemen retired post officials or any other interested person. see all ROLE OF ASIAN DEVELOPMENT BANK IN
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Space debris is referred to the natural debris like of meteoroids etc as well as debris from mass of defunct, artificially created object in space, especially in earth’s orbit. Space debris is a threat: More than 5 lakhs pieces of considerable size are tracked as they orbit around the earth. They all travel at speed
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India is geographically placed adjacent to a stable nation. Thus its national security architecture has to be robust. However, it has a major shortcoming in today’s scenario— India does not have a national security policy. through, it is useful case India has to make a flexible decision which should not be found by a strict
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How gender budgeting works: – Reappropriation – Reappropriation of budgeting allowances rather than increasing budgetary allowances to gender needs. Reorientation –Reorientation of programmes rather than increasing expenditure in a particular score. Why gender budgeting is need of India? The earlier expect of Nickle down effect of macroeconomic policy is not responsive to the gender needs
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Indian Ocean is the third largest ocean in the world surrounded by India, Africa and South East Asian countries from three sides. Location of Indian Ocean (IO) faster various opportunities related to- Economic opportunity Defence/security Energy Cultural Tourism Geopolitical Economic opportunities for Indian – It provides trade route from European and Middle East Countries via
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Recently India has invited by BIMSTEC to attained the oath ceremony of an Indian prime minister but did not invite SAARC nation, perhaps India wants to keep away from Pakistan. BIMSTEC is very important in terms of demographic dividend and GCP. In an effort to integrate the region grouping was formed in 1997, originally with
Microplastics Microplastics are plastic particles having a diameter of less than 5mm. They can be of 2 types. Microplastics – Primary- Particles were already less than 5mm diameter. e.g. microbeads, microfiber. Secondary -Created from the degradation of larger plastics. e.g. plastic bags. fishing nets. see all The threats posed by microplasticsare : They are consumed
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As per NFHS – 4 [2015 – 16] the percentage of stunted children below 9 years and underweight are 38.4% to 35.2% respectively. It is the sign of chronic under nutrition, which if not addressed can become a health emergency in India. Impact of malnourishment – High IMR Low weight birth Anaemic mothers Poor learning
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Under the ambit of Ayushman Bharat Pradhan Mantri Jan Aarogya Yojana was launched with an objective to reduce the financial burden on the poor and vulnerable society. Arising out of catastrophic hospitals episodes. Features of PMJAY- Access to quality health services Seeks to accelerate India programs towards the achievement of universal health coverage. Accelerate to
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Educational institutions have been one preserve of upper caste and rich with affirmative action in form of caste-based reservations, however, their chignonhas been challenged to significant content, often through harassment, disgrace and coercion critically analysis the statement in the light of recent incident of Mumbai Doctor’s suicide owing to caste hared discrimination. The SC and
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The life expectancy in India today is 67 years and by 2050 about 2090 of its population will comprise elderly people. It is desirable as people get to live more, spend more time with dear and near ones and made possible by better medical inventions. However, it also proposes challenges to security and policymakers It
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Technology software and programming languages have always been a mystery box for people with no prior tech knowledge. For startups and new established companies, software development cost represents bulk of their overall expenditure till date. Few companies have cracked this puzzle by creating Do it yourself (DIY) software, which have revolutionize the technology sector. Two
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Indian constitution maker designed the fiscal policy keeping the mind the unity and integrity of the new nation. However 70 years down the time the fiscal federations need to be re looked and redesigned for the greater good of all. The fiscal policy holds importance as taxation is not just a means. It raises revenue
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The government has launched SPM and M with an objective of developing rural clusters into ‘small villages’ after smart cities that provide civic facilities and sustainable spaces for socio-economic action. It is a successor of PURA (Provision of Urban Amenities to Rural area). Salient features of SPMRM:- This mission will develop a cluster of smart
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Internal migration in the movement of individual from one place to another within the boundaries of a nation. It is a prevalent phenomenon in India which contributes around $170 billion per annum to economy or 6% to GDP. Among internal migration, most of them are rural to urban migration due to the push factors in
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Indian Judiciary is the bedrock of the Indian and acts as the protector of the fundamental rights of the people. like us,India has integrated judiciary. Figure hierarchy of courts: Supreme Court, Article 124 High Court, Article 214 Subordinate Courts, Article 233. There are some problems which gripped the judicial system highly and leading to delay
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“River linking projects for the country are a great challenge and at the same time an opportunity to address the water issue arising out of climate change”. Critically analyze the statement in light of recent floods witnessed across the country. Currently, about 9 states in India are facing floods situations such as Assam, Karnataka, Kerala,
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The regional comprehensive Economic Partnership (RCEP) is a proposed Tree Trade Agreement between ASIAN and its 6 Free Trade Partners viz. India, China, Japan, South Korea, Australia and New Zealand. RCEP accounts for 25% of world GDP, 30% of global trade and 45% of the world population. see all IS CHINA MANIPULATING ITS CURRENCY? How
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After back to back disasters of Orissa summer cyclone ‘99, Gujarat earthquake ’01 and Tsunami of ‘D4 which killed thousands of people we finally felt the need of having a specialist response mechanism at the national level to effectively respond to disasters both natural and man-made. The Disaster Management Act, 2005 was thus enacted which
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