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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Current Affairs
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
Monetary Policy Review- March 2020 Read More »
Monetary Policy Committee
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
Vivad se Vishwas tak Scheme Read More »
Schemes
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)
Overview of Nirvik scheme Read More »
Schemes
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
What is witness protection scheme Read More »
Articles, Schemes
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 »
Articles, Globalization
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 »
Articles, Political
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 »
Agriculture Current Affairs, Articles
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 »
Articles, International (exluding economy)
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 »
Articles, Schemes
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 »
Articles, Economy
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 »
Articles, Globalization
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
India’s balancing approach between different West Asian powers Read More »
Articles, Globalization
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 »
Articles, Globalization
Globalization is a phenomenon which has invited large scale urbanization and development, but its implementation through internal investments have been biased. Biasness concerning urban and rural India – Growth has been uneven part liberation of 1991 Rural-urban income divide is varying at 21%. The rural-urban divide in digitization has been around 58%. Urbanization has been
Report on globalisation effect on India Read More »
Articles, Globalization
PM Sahaj Bijli har Ghar yojana electrified all villages crossing streams on foot in Bihar to reaching far-flung areas of Manipur through Myanmar helping us achieve Rack 24 on World Bank. See all- WHAT IS IMPACT OF PRADHAN MANTRI ADARSH GRAM YOJANA? Report:- Electricity is infinite for the development of a country, to empower its
How is Indian Power sector performing? Read More »
Schemes
The recent move by the state-run Bank of Maharashtra, of not to extend loans in several zones in the state, have to lead the chaos amidst the farmers of the drought-hit state. This more certainty makes the policymakers. Link the future of priority sector lending norms, which are generally decided by the Reserve Bank of
What is meaning of priority sector lending in agriculture? Read More »
Agriculture Current Affairs
The World economy growth is predated by IMF at 3.3% for this year which is not promising. The Trade wars between nations and the sanctions on oil import are creating conditions of recession. Sectors like biotechnology offer a glimpse of hope to the world. Since 2000 the growth in this field has been promising with
Relevance of Biotechnology in recession-hit world economy Read More »
Economy
The unemployment rate in India was 7.2% in February 2019, higher since September 2016 according to the latex data compile by centre for monitoring Indian economy (CMIC) to improve the employability of student by introducing employment allowance into the learning process of the higher education system, the Ministry of Human Resource Development introduced SHREYAS scheme.
Scheme for Higher Education Youth in Apprenticeship and Skills Read More »
Schemes
The agriculture sector is engaging almost 51% population directly or indirectly and contributing only 17% of GD. However over a certain period of time agriculture production is on the rise after the implementation of Government Schemes such as PM-Fasal Beema Yojana, Krishi Sichai yojana, PM-Krishan yojana, Kisan Credit Card Yojana etc. Agrarian distress:– Small landholding.
Why is Agriculture sector in distress in India? Read More »
Agriculture Current Affairs