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Daily Archives: January 29, 2022

Indian Express

Indian Express Subject  Pg No  Headlines Relevance for Prelims and Mains   GS 3 1   Bad bank ready, 15 cases adding up to Rs 50,000 crore to be shifted by March 31 (Economy) How do bad loans affect the economy? several institutional and policy measures to resolve the bad debts, What is a bad bank? […]

The Hindu

The Hindu Subject Pg No Headlines Relevance for Prelims and Mains   GS 2   1   SC quashes a year’s suspension of 12 Maharashtra BJP MLA   States must decide on SC/ST quota in promotions: Supreme Court (Polity and Governance ) Know about the recent step of The Supreme Court to revoke the one-year suspension […]

Pandit Jasraj

In News  Recently, the Prime Minister of India paid tribute to Pandit Jasraj on the occasion of the Jayanti of the doyen of Indian Classical Music. Image Courtesy: News 18 About Pandit Jasraj:  Early Life: Born on January 28, 1930, in the Hissar district of Haryana. His initial years were spent in Hyderabad where his […]

NeoCov Coronavirus

In News  Recently, the scientists clarified that  NeoCov is related to the Middle East respiratory syndrome or MERS-coronavirus.  What is NeoCoV? It is a bat coronavirus that was first identified in 2011.  It was found in a population of bats in South Africa and to date has spread exclusively among these animals. It was identified […]

Biligiri Ranganathaswamy Temple (BRT) Tiger Reserve

In News  Tiger enumeration (estimation) is underway at Biligiri Ranganathaswamy Temple (BRT) Tiger Reserve in Karnataka’s Chamarajanagar district. About Biligiri Rangaswamy Temple (BRT) Tiger Reserve It derives its name BILIGIRI  from the white rocky cliff on the top of which is a temple of Lord VISHNU locally known as Rangaswamy.  It is also believed that […]

Decentralized Applications or dApps

In News dApps are applications that run on a blockchain or a peer-to-peer network instead of running on a single database controlled by a central authority. About What are dApps? Decentralized applications are programmes that allow people to interact with one another without the need for third parties. Financial transactions or legal communication are examples […]

Ukraine Crisis: India’s Response

In News  Recently, India called for a “peaceful resolution” of the situation (ongoing crisis between Russia and the West ) through “sustained diplomatic efforts” for “long-term peace and stability” in the region and beyond. Image Courtesy: Economist, BBC   Background Ukraine and Russia share hundreds of years of cultural, linguistic and familial links.  As part of […]

Fly Ash Management and Utilisation Mission

In News The National Green Tribunal (NGT) directed the constitution of a ‘Fly Ash Management and Utilisation Mission’ in its recent order.  Image Courtesy: ToI  About The order by the NGT takes note of the ‘unscientific handling and storage’ of the fly ash by coal thermal power stations. For example, the draining of industrial effluents […]

India’s Bad Bank gets RBI nod

In News A key proposal announced in this year’s (2021) Budget, a bad bank to deal with stressed assets in the loss-laden banking system, has received all regulatory approvals. About The K V Kamath Committee helped the RBI with designing a one-time restructuring scheme. The committee observed that the companies in sectors such as retail […]

Suspension of MLAs

In News Recently, the Supreme Court quashed a one-year suspension of 12 Maharashtra BJP MLAs. Background They were suspended after the government accused them of “misbehaving” with the presiding officer. They were suspended for a year for, as  called, “grossly disorderly conduct” in the House. Reasons given by the Court for Quashing Irrational act:  It […]