Good evening dear reader Here is our 9pm current affairs brief for you today GS 1 Urbanisation and pandemic GS 2 Government interventions Federal water governance ecosystem GS 3 Moratorium on Lakshmi Vilas Bank Export: A key to economic growth 9 PM for Preliminary examination FACTLY Urbanisation and pandemic Source: The Hindu Syllabus: GS-1- Urbanisation… Continue reading 9 PM Daily Brief – November 19, 2020
Author: ForumIAS
Issue of Lakshmi Vilas Bank | 19th November
News: Reserve Bank of India imposed a 30-day moratorium on Chennai based Lakshmi Vilas Bank Ltd (LVB) and put in place a draft scheme for its amalgamation since its financial position underwent steady decline and posted loss for the last 3 consecutive years. Under these developments, RBI has imposed the following conditions: RBI has put… Continue reading Issue of Lakshmi Vilas Bank | 19th November
Export: A key to economic growth
Context: Arvind Panagariya’s new book, India Unlimited: Reclaiming the Lost Glory, discuss systematically how to reconstructs a path to higher growth. What is the present scenario? Public sectors confronting a mountain of debt, the fiscal will need to be reined in post-COVID across several emerging markets. COVID-19 will accentuate the prevailing export pessimism, as global potential… Continue reading Export: A key to economic growth
Moratorium on Lakshmi Vilas Bank
Context: RBI has imposed a moratorium on Lakshmi Vilas Bank and drafted a scheme for a merger. Why it is a concern? Already, India’s banking system is distressed due to the failures of IL&FS, Punjab & Maharashtra Cooperative Bank and DHFL, followed by the bailout of Yes Bank. Now, the Reserve Bank of India decision to… Continue reading Moratorium on Lakshmi Vilas Bank
Federal Water Governance Ecosystem
Context- Importance of Centre-States coordination to deal with the emerging challenges of inter-state water governance. How the two bills on water can attend the longstanding issue of inter-state externalities The Interstate River Water Disputes Amendment Bill 2019– The bill seeks to improve the inter-state water disputes resolution by setting up a permanent tribunal supported by a… Continue reading Federal Water Governance Ecosystem
Government interventions
Context – The Government’s core belief in ‘minimum government’, which ties its hands when it comes to fiscal measures even in such harsh economic conditions. What are the reasons for the failure of stimulus packages? Lack of Demand– The aggregate demand for goods and services again is dependent on the income and purchasing power of people, which… Continue reading Government interventions
Urbanisation and pandemic
Context: Prime Minister Narendra Modi’s call for a reimagining of urban planning and development to make cities and towns healthy and liveable after COVID-19. More on news: PM emphasised resetting the mindset, processes and practices for safe urban living, and acknowledged that governments actually do little for the working millions at the Bloomberg New Economy… Continue reading Urbanisation and pandemic
QUESTION BANK: GS Paper 1 Previous year Questions
Practicing UPSC Previous Year’s questions, be it Prelims or Mains, is a must for clearing the Examination. It provides a clear idea of the trends and types of questions asked in the examination by UPSC. About Question Bank In this section, we are providing you with previous year’s questions on UPSC MAINS GS-1 including History,… Continue reading QUESTION BANK: GS Paper 1 Previous year Questions
Environment Quiz: Biodiversity conservation | Nov 19,2020
Good Morning Friends, We are Posting Today’s Prelims Marathon [WpProQuiz 1885]
Must Read Current Affairs Articles I 19th November 2020
Good Morning dear reader. We are posting Today’s Must Read Current Affairs Articles below: \ GS Paper 1 Reinventing cities The Hindu Page – 6 Syllabus Topic – urbanization, their problems and remedies GS Paper 2 Amid a judicial slide, a flicker of hope on rights The Hindu Page – 6 Syllabus Topic – Structure,… Continue reading Must Read Current Affairs Articles I 19th November 2020
