In News The Reserve Bank of India (RBI) has decided to bring non-banking finance companies (NBFCs) under the ambit of the prompt corrective action (PCA) framework. About RBI had introduced a PCA framework for scheduled commercial banks in 2002 and the same has been reviewed from time to time. Changes made in NBFC sector Time […]
In News The Narcotic Drugs and Psychotropic Substances (Amendment) Bill, 2021 was passed by Lok Sabha. About It seeks to replace the Narcotic Drugs and Psychotropic Substances (Amendment) Ordinance, 2021. Background The error: was noticed by a district judge in West Agartala. In 2016: an accused had sought bail before a special judge in West […]
Context The Leh Apex Body and Kargil Democratic Alliance seek constitutional safeguards for Ladakh on the lines of the Sixth Schedule of the Constitution. The demand came a day after the region observed a complete shutdown demanding statehood and protection for land and jobs. Background On August 5, 2019, the erstwhile state of Jammu and […]
In News Recently, the World Trade Organisation dispute resolution panel has ruled against India’s sugar subsidies, and in favour of complainants Brazil, Guatemala and Australia. Background In 2019, Brazil, Australia and Guatemala had approached the WTO complaining against India for providing alleged support in favour of producers of sugarcane and sugar (domestic support measures), as […]
Indian Express Subject Pg No Headlines Relevance for Prelims and Mains GS 2 1 PM Modi flags off new Kashi corridor as a bridge from past to future NC MPs to attend a meeting of Jammu and Kashmir delimitation panel (Governance) The Kashi Vishwanath Dham Corridor, What is changing at the ancient […]
The Hindu Subject Pg No Headlines Relevance for Prelims and Mains GS 2 1 Heritage and progress now go side by side in India, says, Modi Opposition to intensify protests (Polity and Governance) Know about Kashi Vishwanath Corridor and its Significance When can the presiding officer invoke suspension? Differences in […]
In Context Nearly 20 million infants missed their first dose of the Measles vaccine in 2020 as the global vaccination rate fell from 86 per cent in 2019 to 84 per cent, according to UNICEF. Immune amnesia caused by measles is a more worrying concern. About Measles Measles is a highly contagious viral disease. Despite […]
In News Recently, Lokpal of India inaugurated’ a Digital Platform for the Management of Complaints called ‘LokpalOnline’. About LokpalOnline It is an end-to-end digital solution for the management of complaints against public servants filed under the Lokpal and Lokayuktas Act, 2013. It is a web-based facility, which will quicken the disposal of complaints in an […]
In News Recently, the DRDO has successfully test-fired a long-range Supersonic Missile Assisted Torpedo (SMART) off the coast of Balasore in Odisha. The missile is launched from a ground mobile launcher and it can cover a range of distances. About SMART The system has been designed to enhance anti-submarine warfare capability far beyond the conventional […]
In News A 2020 decision by RBI to permit banks to “co-lend with all registered NBFCs based on a prior agreement”, has led to unusual tie-ups like the one announced recently between the State Bank of India and Adani Capital. About Several banks have entered into co-lending master agreements with NBFCs, and more are in […]