In News The Food Safety and Standards Authority of India (FSSAI) has announced that it will soon start a star rating for packaged food. Public health experts gathered at the ‘National Conclave on Sustainable Food Systems’ organised by the Centre for Science and Environment (CSE) in Rajasthan. About star ratings The rating will be the […]
In News Recently, India Post Payments Bank (IPPB) announced the launch of Fincluvation under the ongoing Azadi ka Amrit Mahotasav. Fincluvation It is a joint initiative to collaborate with the Fintech Startup community to co-create and innovate solutions for financial inclusion. It is the first-of-its-kind industry initiative. It would create a powerful platform to mobilize […]
In Context The performance of the Insolvency and Bankruptcy Code (IBC) has been under intense scrutiny. Performance Analysis A common metric used to assess the efficacy of IBC is the time taken to resolve cases. It is calculated by taking a simple average of time taken on each completed case. This is one of the […]
In News The Ministry of Corporate Affairs (MCA) has tightened the rules for Nidhi Companies. About Nidhi companies Meaning: Nidhi Company is a type of Non-Banking Financial Company (NBFC). It is formed to borrow and lend money to its members. It inculcates the habit of saving among its members and works on the principle of […]
In News Recently, Scientists discovered new eel species named Ariosoma indicum from Kerala and West Bengal respectively. Their study was published in the Journal of Fish Biology March 30, 2022. About Ariosoma indicum Scientists confirmed Ariosoma indicum as a new species after two years of through research, taxonomic studies and molecular analysis. The […]
In News Recently, the Sun unleashed a massive ‘X-Class’ solar flare, causing major fluctuations in the ionosphere above India. About X-Class denotes the most intense flares, while the number provides more information about its strength. It has been caused because of the ionospheric impact localised over the Pacific region It can impact satellite communication and […]
In News The Finance Minister in her Budget announcement envisaged setting up 75 digital banking units in 75 districts of the country. Digital Banking Units History: In India, digital banking started taking shape in the late 1990s with ICICI Bank being the first one to bring the service to their retail clients. Meaning: It is […]
In News Lieutenant General Manoj Pande has been appointed as the next chief of the Indian Army (COAS). He will be the first officer from the Corps of Engineers (The Bombay Sappers) to be named as the COAS. The Army’s system of Corps and Regiments It is divided into two broad categories — Arms and […]
In News Recently, State Bank of India (SBI) raised the marginal cost of funds-based lending rates (MCLR) for the first time in three years, signalling that the soft rates regime that has prevailed since 2019 may be over. What is Marginal Cost of Funds Based Lending Rate? It was instituted by RBI with effect from […]
In News Punjab state has decided to use an ancient broadcasting technique of Direct Seeding of Rice (DSR), to grow rice in this Kharif season. DSR Method to be practised in Punjab Target: The Punjab government has decided to bring an area of 1.2 million hectare (mha) under the Direct Seeding of Rice (DSR) method. […]
8081300200
Live/Online Class