According to the government data,the total balance in the bank accounts under Pradhan Mantri Jan Dhan Yojana(PMJDY) scheme has almost reached a total of ₹1-lakh crore. The Jan Dhan accounts opened are mostly in public sector banks which makes up 72.5% of the total number of Jan Dhan accounts and 89.5% of total deposits.The bulk… Continue reading Public sector banks’ long-term strategy on Jan Dhan begins to pay off
Author: ForumIAS
Max complaints against NRI hubbies in FY19
According to data from National Commission of Women, complaints against absconding NRI husbands has been the highest in 2018-19. The maximum number of cases has been recorded in North Indian states- highest in Delhi (96), followed by Punjab, Uttar Pradesh and Haryana. Significant number of complaints has been received from South India too, the highest… Continue reading Max complaints against NRI hubbies in FY19
Forces prepare to deal with cyber attacks in key infra
The Indian armed forces has decided to conduct a major cyber exercise called Cyberex.It is the first such major joint exercise of the Army,Indian Air Force(IAF) and Indian Navy under the aegis of integrated defence staff with participation from several other organisations. The aim of the exercise is to assess the situation,seek responses, damage control… Continue reading Forces prepare to deal with cyber attacks in key infra
Bad debt norms:RBI to seek EC nod
The Reserve Bank of India (RBI) has decided to reach out to the Election Commission (EC) before releasing its new circular for banks. The new circular would replace its February 12 circular that Supreme Court had disallowed earlier.The Model Code of conduct specifically exempted the conduct of monetary policy which is crucial part of the… Continue reading Bad debt norms:RBI to seek EC nod
Job hoping in US gets tougher for H-1B visa holders
According to a report, it will get tougher for H-1B visa holders in the United States(US) to switch jobs even if the new job is similar to the old and requires the same exact skill sets. This report came after the US citizenship and Immigration Services (USCIS) has denied several applications by the new employer… Continue reading Job hoping in US gets tougher for H-1B visa holders
Daily Quiz: UPSC Prelims Marathon – April 29, 2019
[WpProQuiz 991]
Social media fraud rose 43% in 2018: report
According to a report titled ‘Current State of Cybercrime — 2019’, released by RSA Security, social media fraud has increased by 43% in 2018. According to the report, cyber criminals are increasingly relying on Facebook, Instagram, WhatsApp and other legitimate social media and messaging platforms to communicate with each other. Further, they have been using… Continue reading Social media fraud rose 43% in 2018: report
Bangladesh-China-India-Myanmar (BCIM) Economic Corridor no longer listed under BRI umbrella
China has excluded the Bangladesh-China-India-Myanmar Economic Corridor(BCIM) from the list of projects covered under its Belt and Road initiative(BRI).According to experts,BCIM was excluded after India had turned down an official invite from China to attend the second Belt and Road Forum meet. Under the BRI, South Asia is covered by three major projects namely (a)China-Myanmar… Continue reading Bangladesh-China-India-Myanmar (BCIM) Economic Corridor no longer listed under BRI umbrella
Cyclone Fani won’t hit State’s coast, says IMD
The India Meteorological Department (IMD) has said that Cyclone Fani is unlikely to hit Tamil Nadu’s northern coast. It is likely to curve in the north-east direction towards Bangladesh or Myanmar. IMD has that the cyclone would likely intensify into a Severe Cyclonic Storm during the next 12 hours and into a Very Severe Cyclonic… Continue reading Cyclone Fani won’t hit State’s coast, says IMD
Plea to protect accused in sexual abuse cases
A petition has been filed by Youth Bar Association of India in the Supreme Court to frame guidelines to protect the reputation and dignity of persons accused of sexual offences. The petition has highlighted that a person was considered innocent unless proven guilty by a court of law. It has further stated that Sec-228A of… Continue reading Plea to protect accused in sexual abuse cases
