News:Recently,the failure of the Punjab and Maharashtra Co-operative(PMC) Bank has reignited the debate on the low level of insurance against the deposits held by customers in Indian banks. Facts: What is the insurance cover provided currently? Currently,in case of a bank collapse,a depositor can claim an amount up to a maximum of ₹ 1 lakh… Continue reading Explained:What is deposit insurance?
Author: ForumIAS
India ranks 59 on IMD World Talent Ranking Report
News:The IMD World Talent Ranking- 2019 has been released. Facts: About IMD World Talent Ranking: The World Talent Ranking is released by the International Institute for Management Development (IMD) based in Switzerland. The ranking is based on the performance in three main categories namely investment and development, appeal and readiness. The three categories assess how… Continue reading India ranks 59 on IMD World Talent Ranking Report
Inauguration of Kimberley Process Certification Scheme(KPCS) 2019
News:The Plenary meeting of the Kimberley Process Certification Scheme (KPCS) is being hosted by India in New Delhi. Facts: About the Plenary meeting: The meeting will be hosted by the Ministry of Commerce and Industry. The Plenary meeting is held annually to discuss the latest developments in the implementation of the Kimberley Process Certification Scheme… Continue reading Inauguration of Kimberley Process Certification Scheme(KPCS) 2019
Explained: Why Morgan Stanley sees India’s growth recovering next year
News:Morgan Stanley has released the Global Macro Outlook report. Facts: What does the report say? The report has stated that the global economy is likely to recover starting with the first quarter of 2020. The trade tensions and monetary policy are easing concurrently for the first time in seven quarters, lifting global growth. However,they have… Continue reading Explained: Why Morgan Stanley sees India’s growth recovering next year
Explained: What ‘leaked’ documents say about China’s Uighur detention camps
News:According to leaked Chinese government documents,there was a clampdown on Uighurs and other Muslims in the country’s western Xinjiang region. Facts: Who are the Uighurs? The Uighurs are mostly Muslims and number about 11 million in western China’s Xinjiang region. They see themselves as culturally and ethnically close to Central Asian nations, and their language… Continue reading Explained: What ‘leaked’ documents say about China’s Uighur detention camps
Network for intel agencies to share info will go live next year
News:Minister of State for Home Affairs has informed the Lok Sabha that National Intelligence Grid(NATGRID) project will be operational by December 31,2020. Facts: About National Intelligence Grid (NATGRID): NATGRID project was initially started in 2009.It is an online database for collating scattered pieces of information and putting them together on one platform. The project is… Continue reading Network for intel agencies to share info will go live next year
NIA to host counter-terrorism exercise for Quad countries
News:The National Investigation Agency is hosting the first counter-terrorism exercise for the Quad countries named ‘CT-TTX’(counter-terrorism table-top exercise) in New Delhi. Facts: About the exercise: The exercise is aimed at enabling the Quad countries to understand much better the response systems to terror incidents that exist in other member countries. The exercise is also aimed… Continue reading NIA to host counter-terrorism exercise for Quad countries
Skills study: Over next 5 years, just 1 in 5 entrants to labour force a woman
News:According to a study conducted by the National Skills Development Corporation (NSDC),just one out of five persons in the 15-30 years age bracket entering the labour force is expected to be a female in the five years ending 2023. Facts: About the study: The NSDC has projected trends in the country’s labour market potential during… Continue reading Skills study: Over next 5 years, just 1 in 5 entrants to labour force a woman
Indian Steel Association to organise ISA – Steel Conclave 2019
News:The Indian Steel Association supported by the Ministry of Steel, is organising the second Edition of ISA – Steel Conclave in New Delhi. Facts: About the conclave: The conclave is a premier platform for the entire Steel Ecosystem and the related sectors to gain valuable insights in the Stell industry. The conclave would cover pertinent… Continue reading Indian Steel Association to organise ISA – Steel Conclave 2019
Pakistan successfully test-fires nuclear-capable missile
News:Pakistan has conducted the test launch of Shaheen-1 surface-to-surface ballistic missile. Facts: About Shaheen-1: Shaheen-1 is a is a land based supersonic short-range ballistic missile (SRBM). It has been jointly designed and developed by joint venture of Pakistan’s National Engineering and Scientific Commission(NESCOM) and National Defence Complex(NDC). The missile is capable of delivering all types… Continue reading Pakistan successfully test-fires nuclear-capable missile
