News:The Reserve Bank of India has revised its supervisory framework for urban co-operative banks(UCBs) to expedite resolution of UCBs experiencing financial stress. Facts: About the revised framework: The framework imposes restrictions on urban cooperative banks(UCBs) for deterioration of financial position in line with the prompt corrective action(PCA) framework that is imposed on commercial banks. The… Continue reading Stressed urban cooperative banks to face PCA-like curbs
Author: ForumIAS
‘Mindset to blame for poor response to NPS’
News:According to the Pension Fund Regulatory and Development Authority (PFRDA),National Pension System (NPS) is a less-preferred saving option due to a certain mindset of individuals and corporates. Facts: The PFRDA has said that there are around 7,000 corporates companies registered with PFRDA.However, only 2-4% of employees of these registered companies are covered under NPS. Further,the… Continue reading ‘Mindset to blame for poor response to NPS’
INS Sumedha provides assistance to stranded vessel near Somali Coast
News:INS Sumedha which is presently on Anti Piracy Patrol in Gulf of Aden, came to the rescue of the stranded vessel near Somali Coast. Facts: About INS Sumedha: INS Sumedha was commissioned into the Indian Navy in 2014.The ship has been designed and built by Goa Shipyard Limited. Sumedha is the third ship of the… Continue reading INS Sumedha provides assistance to stranded vessel near Somali Coast
2nd National GST Conference held for streamlining GST system
News:The 2nd National GST Conference of the Commissioners of State Tax and Chief Commissioners of Central Tax was held under the chairmanship of Revenue Secretary,Ministry of Finance. Facts: About the conference: The conference was aimed to build synergy and to share their knowledge and best practices with the intent to bring about uniformity in tax… Continue reading 2nd National GST Conference held for streamlining GST system
7 PM |Amidst a tragedy, an opportunity: On India – Australia Relationship| 8th January 2020
Context: India – Australia relations. More in news: Record-breaking temperatures and months of severe drought have fuelled a series of massive bushfires across Australia. As a consequence of the bushfires, the debate on global warming, climate change and fossil fuels is going to intensify, the two economies should focus towards cleaner energy. Australia’s Bushfire: Although… Continue reading 7 PM |Amidst a tragedy, an opportunity: On India – Australia Relationship| 8th January 2020
10 PM Current Affairs Quiz #56 January 8, 2020
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Daily Quiz #56 UPSC Prelims Marathon – January 8, 2020
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Must Read News Articles I 8th January 2020
GS -2 Amidst a tragedy, an opportunity The article highlights that the raging bushfires give India and Australia a chance to deepen their dialogue, including on energy G3 -3 India must create 70 million jobs to achieve $5 trillion economy by 2024 Tharman Shanmugaratnam, Senior Minister of Singapore, and a renowned economist and a political… Continue reading Must Read News Articles I 8th January 2020
Answers: Mains Marathon – UPSC Mains Current Affairs Questions – January 8, 2020
Recent Citizenship Amendment Act, has a significant impact on India’s secular image with deeper foreign policy implications. Do you agree? Answer Discuss the need and importance of preserving India’s linguistic diversity. What measures are needed for the same? Answer What is the importance of Gaganyaan mission to India? Discuss various challenges related to the mission.… Continue reading Answers: Mains Marathon – UPSC Mains Current Affairs Questions – January 8, 2020
9 PM Current Affairs Brief – January 7th, 2020
In Maharashtra, linking land records to PM Fasal Bima saves time, plugs leaks News:Maharashtra has become the first state in the country to integrate its land records with the web portal of the Pradhan Mantri Fasal Bima Yojana(PMFBY). Facts: The integration of land records with the PMFBY has helped in saving of time and plugging… Continue reading 9 PM Current Affairs Brief – January 7th, 2020
