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
Budget is an annual financial statement released by finance minister every year. It is mentioned in article 11. It provides a clear outlay of expenditures for the coming financial year. Outcome budget: It is generally a process card about how much result has been acquired in various minifies and departments by using budget allocation. It […]
What are features of outcome budgeting? Read More »
Economy
The PC and PNDT Act, 1994 was enacted to address the declining sex rated in India. It had deteriorated to 927 is 1991. It learns the use of sex solution techniques before and after conceptions. The Supreme Court has recently upheld the provisions in the act which criminal sex non-maintenance of medical records by obstetricians
What is PCPNDT act? Read More »
Political
Global Facility for Disaster Risk Reduction (GFDRR) Global Facility for Disaster Risk Reduction (GFDRR) is a global partnership that helps developing countries to understand and reduce their vulnerability to natural hazards and climate change. Recently, India has been chosen co-chair the consultative Groovy (CG) of GFDRR, for fiscal year 2020. India got membership of CG
What is Global Facility for Disaster Reduction and Recovery? Read More »
Globalization
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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Current Affairs
The same technology can be used to put a check on such activities, forex – Tools like machine learning, Artificial intelligence, block chain can be used to identify suspicious content and drop it down. ex – Turtles, Whatsapp have been using such features. Kerala’s Cyberdomo made uses the never cyber technology to keep a regular
What is cyber terrorism? Read More »
Current Affairs
Border Security Force (BSF) is India’s 1st line of defense of one of the 7 central armed forces. It was raised is the watch of 1965 war for ensuring the security of borders of India. The task of BSF during peacetime. Promote a sense of security among people living in border areas. Prevent trans-border crimes.
Why is Border Security Force (BSF) important? Read More »
Current Affairs
The government has passed dispute, Arbitration and conciliation (Amendment) Bill 2019. And new Delhi International Arbitration Centre Bill, 2019.”Arbitration” means setting the dispute, especially commercial dispute.outside the courts. Arbitration in India is governed by the Arbitration and conciliation Act, 1996which is now amended. India has a slow judicial system backlog of cases. Foreign companies used
What is Arbitration Council of India? Read More »
Political
When in 1997, Hong Kong freed itself from the duchess of british empire,it was transferred to communist regime of China under one country two systems framework. Under this, Hong Kong can have its own administrative setups except for foreign affairs and military until 2047. However, it seems that these provisions have not quenched the thirst
Why is Hong Kong Protest important ? Read More »
Current Affairs
Development Finance Institution (DFI) :- A DFI also known as a development bank or development finance company is a financial institution that provides risk capital for economic development project on non-commercial basis. Difference between DFI & Commercial Banks :- DFIS Commercial Bank Provide long term capital to productive sectors like infrastructure. Provide financial assistance or
What is Development Finance Institution? Read More »
Economy
BURT RUTAN, an American aerospace engineer, said: “In 12 or 15 years, there will be ROUTINE, AFFORDABLE SPACE TOURISM not just in the US but in a lot of other countries.” SPACE TOURISM is Human Space Travel for RECREATIONAL PURPOSES Types of Space Tourism ORBITAL Performed only by Russian Space Agency SUB-ORBITAL Under Plan
What is space tourism? Read More »
Globalization, Uncategorized
According to the World Bank report close to 1.4 billion people in the different countries don’t have access to the financial service and that’s where Micro-financial Institution play a major role. Goals of MFI’s: Assists the development of community which follow sustainable development. Providing resources to lower section of the society. Evaluation of option to
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Banking, Economy
In the current times, the concept of US being the superpower after the disintegration of Soviet Union in 1991 doesn’t hold true. With emerging economies in the Indo- Pacific, it has becoming multi-polar world. As around 60% the trade happens in this region, there is tremendous opportunity for investment & development in the region. However,
Why is Indo-Pacific region important for the world? Read More »
Globalization
Amazon forest is on fire, literally – trees are covered with leaping blazes, rivers are covered with thick plums of smokes are there, animals are running for cover, tribes are being pushed deep inside the forest. In just three minutes around 74,000-hectare areas of forest lands have been lost to blazes, which are burning in
Global Environment: Importance of Amazon rain forest to Earth Read More »
Current Affairs
According to Morgan Stanley’s report e-commerce sector would reach to $230 billion by 2028 in India. This is enough to predict the upcoming importance of e-commerce in India. It is expected that by 2022 half of billion of people would come online through mobiles apart from existing one. E-Commerce market in India was $3.9 billion
What is e-commerce (electronic commerce)? Read More »
Current Affairs
There is a known finance theory of bond yield inversion and its impact on the upcoming slowdown and recession. We will see on details on this concept in this article. What are bonds ? Bonds are different types of fixed income instruments. There are public traded bonded (as listed on stock exchanges like NSE), there
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Current Affairs, Economy
Malnutrition is a condition where body receives lower nutrition content than what it requires. As per Global Analysis Report 2018, India leads in number of total malnutrition cases in world. It accounts to 1/3rd such cases. Causes are: Poverty : low purchasing power hinder the procurement of nutrition. Irregular eating and feeding can lead to
Malnutrition: Symptoms, causes, diagnosis, and treatment Read More »
Current Affairs, Social Issues, Uncategorized
The NRC for State of Assam was finally released on 31 August 2019. The process of 6 years finally culminated and left out over 19 lakh citizens of the state. There have been statements from ministers to allow for legal trial & assistance to ‘foreigners’ by tribunals but must apply before 120 days. The NRC
National Register of Citizens (NRC) Read More »
Current Affairs, Social Issues, Uncategorized
The Ease of Living Report under the ‘Ministry of Housing and Urban Affairs’ providers 4 pillars and 15 categories which every city must self-assess for meeting aspirations of its people. One of the most important pillars is that ‘GOVERNANCE’ and ‘INSTITUTIONAL’ category. Ease of living must ensure good governance & utmost institutional assistance. The Lok
Corruption, Causes and Consequences Read More »
Current Affairs, Social Issues, Uncategorized
Artificial Intelligence is a technology in which information from required sources are collected and processed to take an accurate decision. E.g. AI in predicting the Monsoonal parameters helps for agriculture. Analysis of AI: Significance of AI: a) AI helps in Banking Sector to identify the loan defaulters. b) It is used in National Security for
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Articles, Current Affairs, Education, Uncategorized
Monetary policy committee conducted its third bi-annual RBI policy review in August 2019. Here are the key highlights of RBI Policy meet Key highlights of RBI Monetary Policy Review Low economic growth forecasts RBI has revised GDP growth forecast to 6.9% (from earlier 7%) for 2019-20. Why is GDP growth rate declining in India? GDP
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Monetary Policy Committee