Author: ForumIAS

Mobile Metallic Rampto

Defence Research and Development Organisation(DRDO) has handed over the design of Mobile Metallic Ramp(MMR) to the Indian Army. MMR has been designed and developed by DRDO’s premier research laboratory called Centre for Fire, Explosive and Environment Safety (CFEES). MMR has a load bearing capacity of 70 metric ton(MT).It has been designed and developed on requirements… Continue reading Mobile Metallic Rampto

Govt to set up a committee to study corporatisation of Ordnance Factory Board

The government has decided to set up a high-level committee to recommend restructuring of the Ordnance Factory Board(OFB). The committee will recommend changes required at making the (a)OFB accountable and efficient (b)increase their production capacity and (c)ensure timely supply of products. This committee was formed as OFB with 41 factories functions under the Department of… Continue reading Govt to set up a committee to study corporatisation of Ordnance Factory Board

Pakistan submits compliance report to FATF

Pakistan has submitted compliance report on its 27-point action plan to the Financial Action Task Force(FATF). This action plan comes in the backdrop of Pakistan being grey listed by FATF.The greylisting meant downgrading of the country by institutions like IMF, World Bank and also reduction in risk rating by Moody’s and Fitch. Further,the Asia-Pacific Group(APG)… Continue reading Pakistan submits compliance report to FATF

Economy shows further weakening, needs larger push: Shaktikanta Das at MPC meet

The RBI has released the minutes of the monetary policy committee (MPC) meeting. During the meeting,RBI governor said that RBI had to cut the repo rate by an unconventional 35 basis points to 5.4% in view of weakening of domestic growth and unstable global macroeconomic environment. Further,the governor said that the rate cut was given… Continue reading Economy shows further weakening, needs larger push: Shaktikanta Das at MPC meet

IMF warns against rate cuts, currency intervention to improve trade balance

The International Monetary Fund(IMF) has warned the United States and China that higher bilateral tariffs are unlikely to reduce aggregate trade imbalances as they mainly divert trade to other countries. Instead,they are likely to harm both domestic and global growth by affecting business confidence and investment and disrupting global supply chains. The IMF has also… Continue reading IMF warns against rate cuts, currency intervention to improve trade balance

Answers: Mains Marathon – UPSC Mains Current Affairs Questions – August 21, 2019

Q.1) “Problem in India is not the absence of law but it’s effective implementation.” Discuss. Answers Q.2) “Climate change is a serious threat to India’s energy ambitions and requirements.” Comment. Answers Q.3) Why many countries are turning table against globalisation? How it will impact India? Answers Q.4) What do you understand by the term competitive… Continue reading Answers: Mains Marathon – UPSC Mains Current Affairs Questions – August 21, 2019

Must Read News Articles-August 22nd 2019

Archives GS-2 State-breaking is not nation making In the J&K demotion, every code, principle and constitutional sanction protecting federalism has been violated. Data on demonetisation’s link to economic slowdown may have been suppressed Task force report may have provided factual evidence for the debilitating impact of demonetisation on the formal corporate sector Content management: On… Continue reading Must Read News Articles-August 22nd 2019

Mains Marathon Daily Current Affairs Questions and Answer Writing – August 22nd, 2019

Q.1) “Creation of a Chief defence of services although can solve many issues but may lead to unite de issues.” Discuss. The Hindu Q.2) “Right to online privacy of an individual and the right of the State to detect people who use the web to spread panic and commit crimes are contradictory in itself.” Comment.… Continue reading Mains Marathon Daily Current Affairs Questions and Answer Writing – August 22nd, 2019

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