9 PM Current Affairs Brief – June 25th, 2018

Smoke and mirrors Article: Mohammed Ayoob , professor, Michigan State University,  discussed the reasons of humanitarian  intervention by major power. Important Analysis: 2. With the end of cold war, its restraining influences spawned many ethnic and state breaking conflicts. 3. The feelings of hubris generated in the U.S. by the demise of the Soviet Union amplified… Continue reading Smoke and mirrors

A new vulnerability Article: Shaikh Mujibur Rehman, editor of ‘Rise of Saffron  Power’, expressed his views on how cow vigilante groups emerge as non-state actors in India to unleash violence. Important Analysis: 2. According to author, post 2014, cow vigilante groups have emerged most prominent group in terms of spreading violence. 3. Recent incidences of… Continue reading A new vulnerability

Key monetary tools at the RBI’s disposal News: Recently, the Reserve Bank of India (RBI) raised its repo rate by 25 basis points to 6.25% Important facts: 2. Cash Reserve Ratio (CRR): The percentage of a bank’s total deposit that need to be kept as cash with the RBI A high percentage means banks have… Continue reading Key monetary tools at the RBI’s disposal

AIIB to invest $200 mn in infra fund News: The board of Asian Infrastructure Investment Bank(AIIB) has approved $ 100 million investment in the National Infrastructure and Investment Fund (NIIF). AIIB: AIIB has 86 countries as its members. AIIB is a multilateral development bank that aims to support the building of infrastructure in the Asia… Continue reading AIIB to invest $200 mn in infra fund

Govt. testing ‘big data’ system to aid banks assess credit risks News: The ministry of Electronics and Information technology is testing the credit rating model which will help banks assess credit risks Important Facts: 2. The Ministry of Electronics and IT sponsored project include Reserve Bank of India (RBI), Bangalore-based IT firm Processware System and… Continue reading Govt. testing ‘big data’ system to aid banks assess credit risks

For nutrition security News: India is lacking in its commitment to tackle undernourishment. Important facts: 2. The UN’s State of Food Security and Nutrition in the World report 2017, highlighted the ways to achieve nutritional policy reform. 3. The global agencies found that food security and better nutrition may be at risk. 4. The NITI… Continue reading For nutrition security

Sketchy deal News: The Organisation of the Petroleum Exporting Countries (OPEC) recently agreed to increase its daily output to address the problem of rising crude oil prices. OPEC: OPEC is an intergovernmental organization of 15 nations as of June 2018, founded in 1960 in Baghdad by the first five members (Iran, Iraq, Kuwait, Saudi Arabia,… Continue reading Sketchy deal

Proposed water aerodrome in Chilika Lake likely to face green hurdle News: The Airports Authority of India has proposed to set up a water aerodrome in Chilka Lake for starting amphibious aircraft operations in Odisha. Chilika Lake: Chilika lake is a brackish water lagoon, spread  over the Puri, Khurda and Ganjam district of Odisha at… Continue reading Proposed water aerodrome in Chilika Lake likely to face green hurdle