The Union Cabinet has approved the Insolvency and Bankruptcy Code (Amendment) Bill,2019. The bill places greater emphasis on time-bound resolution and laying down voting rules of the financial creditors. The amendment provides that the resolution process has to be completed within 330 days including litigations and other judicial process.Presently,the resolution plan for an insolvent company… Continue reading Cabinet okays amendments to bankruptcy code
Author: ForumIAS
Bimal Jalan panel finalises report on RBI capital, surplus transfer
RBI had constituted a panel on Economic capital framework(ECF) to address the issue of RBI reserves.The panel was headed by Bimal Jalan. The panel has decided to recommend the RBI to transfer the excess capital from RBI to the government over 3 to 5 years.It will also recommend that the framework should be reviewed periodically.… Continue reading Bimal Jalan panel finalises report on RBI capital, surplus transfer
Pakistan must review Kulbhushan Jadhav’s death sentence rules International Court of Justice
The International Court of Justice(ICJ) has ruled in favour of India in the Kulbhushan Jadhav case.It has asked Pakistan to review his conviction and sentencing and also grant consular access to India. The ICJ has found that the treatment of kulbhushan Jadhav by Pakistan was in contravention of the Vienna Convention. However,the ICJ has rejected… Continue reading Pakistan must review Kulbhushan Jadhav’s death sentence rules International Court of Justice
Answers: Mains Marathon – UPSC Mains Current Affairs Questions – July 17, 2019
Q.1) “Government’s existing technology vision for the digital economy, hinges on data localisation to solve multiple problems, unfortunately it misses a number of issues and hidden costs”. Critically examine. Suggest some measures to resolve these issues. Answers Q.2) “Adequate water, sanitation and hygiene (WASH) amenities, including waste management and environmental cleaning services, are critical to… Continue reading Answers: Mains Marathon – UPSC Mains Current Affairs Questions – July 17, 2019
Must Read News Articles-July 18th 2019
GS-1 Remnants of Iron Age in Malampuzha A team of explorers from Government Victoria College have discovered iron implements belonging to the Iron Age in Kerala from the catchment area of the Malampuzha dam. GS-2 Centre proposes common MBBS exit exam; NEET to apply to AIIMS also The Union Cabinet has approved the National Medical… Continue reading Must Read News Articles-July 18th 2019
Mains Marathon Daily Current Affairs Questions and Answer Writing – July 18th, 2019
Q.1) “National Register of Citizens though well intentioned, has many problems; majority of which are borne by the poorest”. Comment. Examine the need of National Register of Citizens. The Hindu Q.2) “A transition to electric vehicle transportation demand major efforts by the government but also need extra efforts of Indian automobile industry”. Discuss. What should… Continue reading Mains Marathon Daily Current Affairs Questions and Answer Writing – July 18th, 2019
10 PM Current Affairs Quiz #15 July 17, 2019
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9 PM Current Affairs Brief – July 17, 2019
Download the compilation of all summaries of all the news Articles here In battle against spread of chikungunya and dengue, ICMR finds unlikely ally — bacteria Indian Council of Medical Research (ICMR) has developed a strain of the Aedes aegypti mosquito into which Wolbachia, a naturally occurring bacteria, is introduced. The mosquito variant has been… Continue reading 9 PM Current Affairs Brief – July 17, 2019
7 PM | Time ripe for sovereign external borrowing | 17th July, 2019
Context: sovereign borrowing and its impact on Indian economy Sovereign borrowing means raising the money from foreign markets by issuing government bonds by the government/central bank of a country. A sovereign debt or sovereign loan is not owed by a country’s citizens, but by its government. It is not considered a national debt and the… Continue reading 7 PM | Time ripe for sovereign external borrowing | 17th July, 2019
7 PM | The wheels to a low-carbon transport system | 17th July, 2019
Context: Low-carbon transport system and sustainable development of economy. What is the need for low-carbon transport system in India? Urbanisation: Projections indicate that by 2026, 38% of Indians will live in cities and the urban population will grow to 534 million (“Population Projections 2026,” 2006), as against 31% and 377 million as per the 2011… Continue reading 7 PM | The wheels to a low-carbon transport system | 17th July, 2019
