News: The Ministry of Corporate Affairs(MCA) has set up a committee to look into the possibility of including “pre-packs” under the current insolvency regime to offer faster insolvency resolution under the Insolvency and Bankruptcy Code (IBC), Facts: Pre-Pack: It is a pre-planned process in which a financially distressed company and its creditors reach an agreement… Continue reading Explained: What are pre-packs under the present insolvency regime?
Author: ForumIAS
Daily Quiz: UPSC Prelims Marathon (Polity & International Relations) – July 29, 2020
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Must Read News Articles I 29th July 2020
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10 PM Current Affairs Quiz: July 28, 2020
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9 PM Daily Brief – July 28th,2020
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7 PM Editorial |Factors Responsible for Troubled Neighbourhood Relations|28th July 2020
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Istanbul Convention: Poland to leave European treaty on violence against women
News: Poland has decided to withdraw from Istanbul Convention- a treaty aimed at preventing violence against women. Facts: Istanbul Convention: It is also known as the Council of Europe convention on combating and preventing violence against women and domestic violence. When was the convention adopted? It was adopted by the Council of Europe Committee of… Continue reading Istanbul Convention: Poland to leave European treaty on violence against women
Financial Management Index for Rural Development Programmes
News: The Union Minister of Rural Development has released the “Financial Management Index for Rural Development Programmes”. Facts: Aim: To rank states on efficient management of financial resources allocated for implementing rural development programmes. Parameters: The index will rank the States on the basis of following parameters: Preparation of annual plan and projecting the requirement… Continue reading Financial Management Index for Rural Development Programmes
RBI signs $400 mn currency swap with Sri Lanka
News: The Reserve Bank of India(RBI) has signed a $400-million currency swap facility with Sri Lanka under the SAARC Currency Swap Framework 2019-22. Facts: Currency Swap: The term Swap means exchange.Under this, a country provides dollars to a foreign central bank which at the same time provides the equivalent funds in its currency to the… Continue reading RBI signs $400 mn currency swap with Sri Lanka
Daily Quiz: UPSC Prelims Marathon (Economy) – July 28, 2020
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