News: The Reserve Bank of India has retained State Bank of India, HDFC Bank and ICICI Bank as Domestic Systematically Important Bank (D-SIBs). 1. Domestic Systematically Important Banks are perceived as ‘too big to fail’ since their failure can have a significant impact on the financial system. 2. They are systematically important because of their… Continue reading Domestic Systematically Important Banks: Why are these banks ‘too big to fail’?
Day: November 14, 2024
After Finance Commission nudge, all states but Arunachal form panels, Gujarat latest
News: The 15th Finance Commission has flagged the issue of delay over constituting state finance commission in its 2020 report. It noted that grants would not be released to states after March 2024, if they did not constitute the State Finance Commission. Consequently, all states, except Arunachal Pradesh, have set up State Finance Commissions. 1.… Continue reading After Finance Commission nudge, all states but Arunachal form panels, Gujarat latest
Supreme Court judgement on “Bulldozer Justice”
Source: This post on Supreme Court judgement on “Bulldozer Justice” has been created based on the article “Supreme Court puts brakes on ‘bulldozer culture’” published in The Hindu on 14th November 2024. Why in news? The Supreme Court of India delivered a landmark judgment condemning the use of bulldozers by state authorities to demolish the… Continue reading Supreme Court judgement on “Bulldozer Justice”
African Elephant
Source: This post on African Elephant has been created based on the article “Researchers document huge drop in African elephants in a half century” published in The Hindu on 14th November 2024. Why in news? A recent study reveals drastic declines in African elephant populations, with data spanning surveys from 475 sites across 37 African… Continue reading African Elephant
Department of Government Efficiency (DOGE)
Source: This post on Department of Government Efficiency (DOGE) has been created based on the article “Musk, Indian-origin Ramaswamy to head body to trim US govt: What is DOGE” published in Indian Express on 14th November 2024. Why in news? Recently, US President-elect Donald Trump has introduced a new initiative called the Department of Government Efficiency… Continue reading Department of Government Efficiency (DOGE)
Guidelines to Prevent Misleading Advertisements in Coaching Sector
Source: This post on Guidelines to Prevent Misleading Advertisements in Coaching Sector has been created based on the article “Central Consumer Protection Authority Issues Guidelines for “Prevention of Misleading Advertisement in Coaching Sector” published in PIB on 14th November 2024. Why in news? The Central Consumer Protection Authority (CCPA) has introduced the “Guidelines for Prevention… Continue reading Guidelines to Prevent Misleading Advertisements in Coaching Sector
Exercise ‘Sea Vigil-24’
Source: This post on Exercise ‘Sea Vigil-24’ has been created based on the article “INDIAN NAVY TO CONDUCT FOURTH EDITION OF COASTAL DEFENCE EXERCISE ‘SEA VIGIL-24’” published in PIB on 14th November 2024. Why in news? Recently, the Indian Navy is to Conduct the Fourth Edition of the Coastal Defence Exercise ‘Sea Vigil-24’. About Exercise… Continue reading Exercise ‘Sea Vigil-24’
Bio-derived foam
Source: This post on Bio-derived foam has been created based on the article “IISc researchers develop recyclable, eco-friendly bio-derived foam for FMCG packaging” published in Deccan Herald on 14th November 2024. Why in news? Researchers at the Indian Institute of Science (IISc), Bengaluru, have developed an Bio-derived foam derived from biological sources. It is designed… Continue reading Bio-derived foam
SC Verdict to prevent ‘Bulldozer Justice’- Explained Pointwise
Recently, the SC bench headed by Justices B R Gavai and K V Viswanathan, issued comprehensive guidelines to ensure due process in property demolitions, particularly in cases where demolitions are linked to property owners alleged to be involved in criminal activities. The Supreme Court through the verdict aims to address the concerns with the misuse… Continue reading SC Verdict to prevent ‘Bulldozer Justice’- Explained Pointwise
[Answered] UPSC Mains Answer Writing 13th November 2024 I Mains Marathon
Following are today’s UPSC Mains Marathon Questions About Mains Marathon – This is an initiative of ForumIAS to help/aid aspirants in their mains answer writing skills, which is crucial to conquering mains examination. UPSC Mains Answer Writing, 13th November 2024 Every morning, we post 2–3 questions based on current affairs. The questions framed are meaningful and relevant… Continue reading [Answered] UPSC Mains Answer Writing 13th November 2024 I Mains Marathon
