Practice and learn questions on latest current affairs on different sectors like Political, National, Business, Sports, Technology etc. Very important section for all type of recruitment exams like UPSC , RBI Grade B, SSC, IBPS, LIC etc
Here is list of top 50 Central Banks in world along with country, currency, bank rate Central Bank/Reserve Bank Country Currency Bank Rate Website Federal Reserve System USA US Dollar 0.25% https://www.federalreserve.gov/ European Central Bank Euro Zone Euro 0% https://www.ecb.europa.eu/ Bank of Japan Japan Japanese Yen -0.10% https://www.boj.or.jp/ People’s Bank of China China Renminbi 4.30% […]
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Monetary Policy Committee (MPC) presented the monetary policy review in wake of COVID 19 pandemic on March 27,2020. This monetary policy review was very important due to current health emergency and economics situation of country due to coronavirus pandemic. Overall objective of monetary policy for March 2020 is to: Mitigate the negative effects of COVID
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Launched in: Budget 2020-21 New feature: This scheme is extension to Sabka Vishvas scheme(launched in 2019), which was aimed for indirect taxes. In this scheme, direct taxes are covered, and scope is widened to cover litigation pending in various Debt Recovery Tribunals (DRTs) Objective of Direct Tax Vivad se Vishwas tak Scheme The scheme aims to benefit
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Scheme name: NIRVIK Full form of Nirvik: Niryat Rin Vikas Yojana Hindi meaning of Nirvik: Unafraid and Unbowed Objective of Nirvik: To enhance loan availability and ease the lending process Launch: Union Budget 2020-21 Another name: Export Credit Insurance Scheme (ECIS) Under Ministry: Commerce and Industry Ministry Department: Export Credit Guarantee Corporation of India (ECGC)
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Introduction:- Recently released GDP data of the government allows a meagre 4.5% growth in the second quarter of the 2019-2020 fiscal year. The underlying reasons have been largely pointed out by several sources as demand, a create unorganized sector, etc. Consumption and demand in Indian economy As shown in the basic economic textbook, demand remains
Can consumption spur revives Indian economy? Read More »
Swachh Bharat Mission was launched on 2nd October 2014 to make our country clean on a mission mode by 2nd October 2019. The main objective of the scheme was to inculcate behavioural change among the people through various activities like construction of toilets in both urban and rural including community toilets, toilet in the school,
How has Swachh Bharat Mission performed so far? Read More »
Taking note of the witness not provided appropriate protection by the state as one of the reasons for them to turn hostile, the Supreme court has approved India’s first witness protection scheme. Provisions of the scheme:- There should be safeguards that witness and accused do not come face to face during investigation or trial and
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The last WTO Ministerial meeting was held in Bueno Aires. Argentina in 2017, some countries stressed for displacing the “development agenda “ for a new agenda on digital trade. However, most of developing countries expressed their fear of this displacement. The concerns raised by them are as follows: Few global players will dominate the e-commerce
Why do developing countries fear digital trade in WTO? Read More »
Money laundering is the conversion of illegal money so as to make it appear to originate from a legitimate source. Money laundering has a negative impact on the economy and political steadiness of the nation. Statutory and institutional framework for dealing with money laundering: Enforcement Directorate – It collects, develops and disseminates intelligence relating to
How is govt dealing with money laundering in India? Read More »
Recently states like Telangana and Odisha governments start direct benefit transfer to farmers like Rythy Bandhu and Kalia scheme respectively. Even central government through interim Budget announced 6000 rupees and DBT to farmers who have farmland less than 2 hectares. Benefits of such scheme : Supplement loan – farmers need not search for investments is
Can cash transfer model solve the agricultural crisis? Read More »
Belt and Road initiative is an ambitious project of China that by to review and renew the overland and maintain trade lines through Europe, West Asia and East Africa through the construction of modern paths and high-speed road-rail corridors. After the collapse of the Soviet Union in the 1990s. The USA emerged as the superpower
How Border Road Initiative poseda threat to the unipolariy? Read More »
New India envisage the concept of aluminous, sustainability, e-mobility and overall development. Smart cities facilitated the same – If an initiative that ha brought invariability to developmentaspects sparring along : E-mobility –Fame India Innovation Digitization – automation Cultural aspects –NRIDXY It has brought structural changes to city based development towards ensuring sustainable urbanization : Digital
Smart Cities are the incubators of the New Urban India Read More »
Financial action task force was established In 1989 by G.7 countries submit in Paris to curb the money laundering, later on, it expanded its mandate by adding to combating against terror financing. The objective of FATF:- Curb money laundering Combat against terror financing Maintain the integrity of the financial system. Role of FATF:- It provided
What are key roles of Final Action Task Force ? Read More »
Simultaneous elections refer to holding elections to Lok Sabha and state Legislative Assemblies simultaneously, one in 5 years – But political parties are divided over the issue. Were held during the first 2 decades after Independence up to 1967. Pros – Saves money – as a lot of money is spent on elections Saves time
Do we need one nation and one election system? Read More »
IndoPacific region has been the latest region of geostrategic importance after the Asian continent prevalent during important times. The Indian state is the region is high – India cannot ignore Chinese aggressiveness occurs Indo Pacific towards invariability and demoralization. The region has high economic value in terms of logistics and resource (rare earth). India continental
What is India role in Indo pacific region? Read More »
India has contact with these powers from ancient lives through the silk route and sea route. The west Asian powers are Israel, Saudi Arabs, UAF and Iran. After 1947 and up to 1991. India followed a non-alignment policy and balanced relations without depending partnership with these countries. With 1991 reforms India actively engaged with these
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The economist intelligence unit’s latest report on “state of democracies around the world in 2018 “ holds up a mirror to democracies around the world. It classified the countries into four categories, namely – full democracies, flawed democracies, hybrid democracies and authoritarian regimes. The parameters used are an electoral process, pulsation, civil liberties, functioning of
Indian democracy – ‘Case story of world’ largest but flawed one Read More »
The act views the fears of publication :– There can be agitated reasons for some chance provided adequate safeguards are not said down. Is the putting many cases has laid down stricture products on surveillance followed by what to when how and at what intend to surveillance? There can be cases of data theft admit
Why does India need national security doctrine? Read More »
Farm diversification includes changing bin cropping pattern and shifting of workforce towards allied activities. Agriculture in India faces several issues and to bring stability and increase the farm income, farm diversification is considered as an efficient strategy. Benefits – Better use of land, labour, capital. Ecological conservation. Reduces financial risk and stabilizes farm income. Increased
What are main challenges in farm diversification in India? Read More »
The first time the US space agency NASA lets a private sector company SpaceX to resume the manned space flight with SpaceX’s Crew Dragon capsule to docked on ISS. NASA has collaborated with private space companies like SpaceX and Blue Origin to actively create Space Industry. ISRO has also law built and launched satellites famously
Key challenges of private particiapation in India’ space program Read More »
