Context- RBI committee has recommended a series of changes that could transform the banking landscape by paving the way for large industrial conglomerates to set up banks. What are Non-Banking Financial Companies NBFCs? These are establishments that provide financial services and banking facilities without meeting the legal definition of a Bank. Hence they are frequently referred… Continue reading Banking reforms
Author: ForumIAS
Lakshmi Vilas Bank (LVB) merger with DBS bank
Context: Lakshmi Vilas Bank (LVB) merger with DBS bank is justified Why RBI decided for merger of Lakshmi Vilas Bank (LVB) amalgamation with DBS bank? Erosion of trust in financial institutions: India, over the past two years has seen the collapse of four financial firms: IL&FS, Dewan Housing Finance, Punjab and Maharashtra Cooperative Bank and Yes… Continue reading Lakshmi Vilas Bank (LVB) merger with DBS bank
Digital nation: On delivery of citizen services
Context: The true measure of digitalisation would be smooth delivery of all citizen services. Analyse the development of India as a digital nation. Measure of digital nation: The true measure of digital nation is the readiness of governments to use technology to create open, participatory public systems that citizens consider trustworthy. Result of internet access: Affordable smartphones and… Continue reading Digital nation: On delivery of citizen services
Judiciary is not slipping into ‘barbarism
Context: Recently questions have been raised on functioning of judiciary that it is slipping into “judicial barbarism”. What are the recent charges made against the judiciary? Electoral bonds case: The court has refused to do timely hearings of cases that go to the heart of the institutional integrity of a democracy. Elgar Parishad case: The… Continue reading Judiciary is not slipping into ‘barbarism
Machine hole- Technology led initiative
Context – Centre announces new measures to end manual scavenging by august 2021. What is manual scavenging and step taken by government to eliminate manual scavenging? Manual scavenging is the practice of removing human excrement from toilets, septic tanks or sewers by hand. More than 375 workers died while cleaning septic and sewer tanks between 2015… Continue reading Machine hole- Technology led initiative
Environment Quiz: Environment | Nov 21,2020
Good Morning Friends, We are Posting Today’s Prelims Marathon [WpProQuiz 1890]
Must Read Current Affairs Articles I 21st November 2020
Good Morning dear reader. We are posting Today’s Must Read Current Affairs Articles below: \ GS Paper 1 In a first, govt. approves study on ‘status of radicalisation’ The Hindu Page – 6 Syllabus Topic – Social empowerment, communalism, regionalism & secularism GS Paper 2 The ‘Time Use Survey’ as an opportunity lost The Hindu… Continue reading Must Read Current Affairs Articles I 21st November 2020
10 PM Current Affairs Quiz: November 20, 2020
Good Evening Friends, We are posting today’s 10pm Current Affairs Quiz [WpProQuiz 1889]
9 PM Daily Brief – November 20, 2020
Good evening dear reader Here is our 9pm current affairs brief for you today GS 2 Regulating free speech Threat to Democracies GS 3 Amalgamation of Lakshmi Vilas Bank FTA’s and its significance 9 PM for Preliminary examination FACTLY Regulating free speech Source: The Hindu Syllabus: GS-2- Polity Context: The Supreme Court’s has questioned the… Continue reading 9 PM Daily Brief – November 20, 2020
India and East Asia Relations | 20th November
The ASEAN region along with India together comprises a combined population of 1.85 billion people, which is one-fourth of the global population and their combined GDP has been estimated at over USD 3.8 trillion. So the East Asia Region is most important for India and vice versa. About 15th East Asia Summit 15th East Asia… Continue reading India and East Asia Relations | 20th November
