Author: ForumIAS

Mains Marathon Daily Current Affairs Questions and Answer Writing – February 23, 2018

Read the following questions and answer them by clicking on the links in not more than 200 words Time: 30 Minutes Kindly review each others answers Q.1) In the light of the recent Punjab National Bank fraud case explain how blockchain technology can prevent such types of frauds in banking sector. Is there any limitations associated… Continue reading Mains Marathon Daily Current Affairs Questions and Answer Writing – February 23, 2018

Banking fraud and blockchain technology

Context: Recently, PNB found that the SWIFT system had been misused by junior-level branch officials, who had fraudulently issued letters of undertaking (LoUs) on behalf of some companies for availing buyer’s credit from overseas branches of Indian banks. How did the Punjab National Bank (PNB) scam work? Diamond merchant Nirav Modi has been accused of… Continue reading Banking fraud and blockchain technology

Answers: Mains Marathon – UPSC Mains Current Affairs Questions – February 21, 2018

Archives Q.1) Recent incidence of Punjab National Bank fraud again raises the need for banking sector reforms. In this context discuss the various challenges banking sector is facing today? Highlight some of the steps government has taken recently in order to bring reform in banking industry?(GS-3) Recently, PNB found that the SWIFT system had been… Continue reading Answers: Mains Marathon – UPSC Mains Current Affairs Questions – February 21, 2018

Must Read News Articles – February 22, 2018

Archives GS: 2 International relations: Canada will not support separatists, says Trudeau(The Hindu) Canadian Prime Minister Justin Trudeau on Wednesday asserted that his country believed in a united India and assured the Punjab government that it would not support any separatist movement in India. Fire and fury(The Hindu Opinion) The Syrian regime’s offensive in Eastern… Continue reading Must Read News Articles – February 22, 2018

Mains Marathon Daily Current Affairs Questions and Answer Writing – February 22, 2018

Read the following questions and answer them by clicking on the links in not more than 200 words Time: 30 Minutes Kindly review each others answers Q.1) With reference to UNICEF’s latest report, “Every Child Alive: The urgent need to end newborn deaths”. Discuss the reasons for which India has been ranked 12th in having highest… Continue reading Mains Marathon Daily Current Affairs Questions and Answer Writing – February 22, 2018

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