Author: ForumIAS

India Elected Unopposed To Non-Permanent Seat Of UN Security Council

News: India has been elected as a non-permanent member of the UN Security Council(UNSC) for a two-year term. Facts: The United Nations Charter established six main organs of the United Nations including the United Nations Security Council(UNSC). Other organs are UNGA, ECOSOC, Trusteeship Council, ICJ and UN secretariat. UNSC is composed of 15 Members: Five… Continue reading India Elected Unopposed To Non-Permanent Seat Of UN Security Council

RBI proposes new rules for housing finance companies

News: Reserve Bank of India(RBI) has proposed new guidelines for Housing Finance Companies(HFCs). Facts: What are Housing Finance Companies(HFC)? It means financing for purchase, construction or repair of residential dwelling units and some other activities including giving loans to corporates and government agencies for employee housing projects. All other loans including those given for furnishing… Continue reading RBI proposes new rules for housing finance companies

US sanctions against International Criminal Court(ICC)

News: US President has authorised sanctions against International Criminal Court(ICC) officials involved in investigations into possible war crimes by US troops or those of its allies. Facts: International Criminal Court(ICC): It is a permanent judicial body created by the 1998 Rome Statute which entered into force on July 1,2002. Jurisdiction: It has the jurisdiction to… Continue reading US sanctions against International Criminal Court(ICC)

World Investment Report

News: The World Investment Report 2020 has been released by the UN Conference on Trade and Development(UNCTAD). Facts: The World Investment Report has been published annually since 1991.It covers the latest trends in foreign direct investment around the world. Key Takeaways: India was the world’s 9th largest recipient of foreign direct investments (FDI) in 2019… Continue reading World Investment Report

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