Author: ForumIAS

Vertical Transmission

News:Indian Council of Medical Research(ICMR) has laid down the need for healthcare workers to factor in the consequences of the probable vertical transmission of COVID-19. Facts: Vertical transmission: It refers to the transmission of an infection from a pregnant woman to her child.It can be antenatal (before birth), perinatal (weeks immediately prior to or after… Continue reading Vertical Transmission

RBI announces second set of measures to preserve financial stability

News:The Reserve Bank of India has come out with the second set of monetary policy measures to preserve financial stability after the government has extended the lockdown. Facts: Reverse Repo Rate:It is the short term borrowing rate at which RBI borrows money from banks.It has been cut to 3.75% from 4%. Liquidity Coverage Ratio(LCR): It… Continue reading RBI announces second set of measures to preserve financial stability

Software Technology Parks of India(STPI)

News:Due to Covid-19 and subsequent lockdown, Government of India has decided to provide relief from payment of four month rental to the small IT units operating out of the Software Technology Parks of India(STPI). Facts: Software Technology Parks of India(STPI) is an Autonomous Society set up in 1991 under the Ministry of Electronics and Information… Continue reading Software Technology Parks of India(STPI)

Crisis Recovery Facility

News:Asian Infrastructure Investment Bank(AIIB) has set up a US$10 billion Crisis Recovery Facility in the wake of the Coronavirus pandemic. Facts: Aim: To provide financing to both public and private sector entities within its members facing serious adverse impacts as a result of Coronavirus pandemic. Additional Facts: AIIB: The Asian Infrastructure Investment Bank(AIIB) is an… Continue reading Crisis Recovery Facility

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