Author: ForumIAS

Gross NPA of banks may rise to 12.5% by March 2021: RBI Financial Stability Report

News: The Reserve Bank of India(RBI) has released its 21st Financial Stability Report. Facts: Financial Stability Report(FSR): It is a bi-annual report published by the Reserve Bank of India(RBI). Aim: To review the nature, magnitude and implications of risks that may have a bearing on the macroeconomic environment, financial institutions, markets and infrastructure. The report… Continue reading Gross NPA of banks may rise to 12.5% by March 2021: RBI Financial Stability Report

Explained: What exactly is herd immunity

News: A recent serological survey in Delhi found the presence of coronavirus specific antibodies in about 23% of the samples tested.The results of the survey are being interpreted to suggest that Delhi could be approaching Herd immunity. However, scientists have cautioned against such conclusions. Facts: What is Herd immunity? It is a stage of an… Continue reading Explained: What exactly is herd immunity

GAVI vaccine alliance says 75 countries keen to join ‘COVAX’

News: India has expressed its keen interest in joining the COVAX alliance. Facts: COVAX Alliance: It is a facility that aims to guarantee rapid, fair and equitable access to COVID-19 vaccines for every country in the world. Bodies Involved: It is co-led by Global Alliance for Vaccines and Immunizations(GAVI), Coalition for Epidemic Preparedness Innovations(CEPI) and… Continue reading GAVI vaccine alliance says 75 countries keen to join ‘COVAX’

Madhubani art comes alive on face masks

News: The Madhubani art is coming alive after artists are using the art for making masks. Facts: Madhubani painting is also referred as Mithila Art as it originated in the Mithila region of Bihar.  Characteristics: The painting is done using fingers, twigs, brushes and nib-pens, wherein sketches are made with folk motifs of Mithila.It is… Continue reading Madhubani art comes alive on face masks

China successfully launches first Mars mission

News: China has successfully launched a Mars mission called Tianwen-1. Facts: Tianwen-1 mission: It is China’s first Mars exploration mission.The name comes from the long poem “Tianwen,” meaning Questions to Heaven. Objectives: The mission was launched to fulfil three objectives: To orbit the red planet for comprehensive observation. To land on Martian soil and send… Continue reading China successfully launches first Mars mission

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