The US Treasury Department has declared China as a currency manipulator.This move comes after China allowed the yuan to suddenly depreciate or lose value relative to the dollar. In retaliation,the US has also announced that it would approach the International Monetary Fund(IMF) to eliminate the unfair competitive advantage created by China’s latest actions. Foreign Exchange… Continue reading US says China manipulates yuan. What does that mean, how is it done?
Author: ForumIAS
China warns India of ‘reverse sanctions’ if Huawei is blocked
China has warned India not to stop its Huawei Technologies from doing business in the country otherwise Indian firms operating in China may face trouble. This statement came after India has planned to establish 5G cellular network in the country but has not decided whether to open the trials to Huawei. The US administration has… Continue reading China warns India of ‘reverse sanctions’ if Huawei is blocked
Taliban says differences resolved on U.S. troop withdrawal
The U.S and Taliban officials has held productive negotiations in Doha,Qatar aimed at ending the war in Afghanistan. During talks,U.S and Taliban appear to be closing in on an agreement under which U.S. forces would withdraw in exchange for guarantees that Afghanistan would not become a haven for other terrorist groups. However,even if the US… Continue reading Taliban says differences resolved on U.S. troop withdrawal
Bihar: Centre approves Rs 4,900-crore project to link Kosi, Mechi rivers
Cabinet has approved Rs. 4,900 crore for Kosi-Mechi interlinking project in Bihar.This is the second river interlinking project after the Ken-Betwa project in Madhya Pradesh. This decision was taken as every year floods had become a major reason for destruction.Hence,interlinking of Kosi and Mechi can provide a little relief to Bihar. This project will provide… Continue reading Bihar: Centre approves Rs 4,900-crore project to link Kosi, Mechi rivers
With J&K status change, 15th Finance Commission will have to redo math
The Centre has revoked the provisions of Article 370 which granted special status to Jammu and Kashmir.It has also proposed bifurcation of the state into two Union territories Jammu and Kashmir and Ladakh. However,due to the change in status of J&K statehood,the Fifteenth Finance Commission will have to rework its calculations for distribution of central… Continue reading With J&K status change, 15th Finance Commission will have to redo math
Article 370: Petition filed in Supreme Court against Centre’s notification on J&K
A petition has been filed in the Supreme Court challenging the Presidential order on Constitution (Application to Jammu and Kashmir) Order,2019. The order effectively abrogates the special status accorded to Jammu and Kashmir under the provision of Article 370 whereby provisions of the Constitution which were applicable to other states were not applicable to Jammu… Continue reading Article 370: Petition filed in Supreme Court against Centre’s notification on J&K
Explained: J&K Assembly — like, unlike Delhi
The Jammu and Kashmir Reorganisation Bill,2019 has paved the way for the formation of the Union Territory of J&K.It will join two other Union Territories with legislature namely Delhi and Puducherry. The J&K bill states that the provisions contained in Article 239 A of the Constitution that are applicable to Union Territory of Puducherry shall… Continue reading Explained: J&K Assembly — like, unlike Delhi
Lok Sabha endorses Centre’s decisions on Kashmir
Parliament has approved the Constitution (Application to Jammu and Kashmir) Order, 2019. The order effectively abrogates the special status accorded to Jammu and Kashmir under the provision of Article 370. The Parliament has also passed the Jammu and Kashmir (Reorganisation) Bill,2019.The bill bifurcates the State into two separate union territories of Jammu and Kashmir(with legislature)… Continue reading Lok Sabha endorses Centre’s decisions on Kashmir
Daily Quiz #6 UPSC Prelims Marathon – August 7, 2019
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Answers: Mains Marathon – UPSC Mains Current Affairs Questions – August 6, 2019
Q.1) “Bharat Stage VI (BS-VI) mass emission standards will benefit India technologically and environmentally. Discuss. Answers Q.2) “Floating farms can help in achieving sustainable agriculture and economic growth.” Comment. Answers Q.3) Discuss various reasons and impact of internal and external migration in India. Answers Q.4) What do you understand by the term Social Audit? Discuss… Continue reading Answers: Mains Marathon – UPSC Mains Current Affairs Questions – August 6, 2019
