The Enforcement Directorate (ED) has arrested a defence agent in the Rs 3,600-crore AgustaWestland VVIP choppers deal case.He was arrested by ED under the Prevention of Money Laundering Act (PMLA). In 1999,Indian Air Force had floated a proposal for acquisition of 12 VVIP helicopters to ferry top government functionaries.In 2010,the deal was granted to AgustaWestland.… Continue reading VVIP chopper deal case: ED arrests another accused Sushen Mohan Gupta
Author: ForumIAS
Let Finance Commission function the way it does now
According to former Reserve Bank of India Governor,Finance Commission should be allowed to function in the same manner as it is doing currently.He said that the permanent structure would dilute the neutrality of the Finance Commission between the Union and the States through a process of continuous association with the government. Earlier,Present RBI Governor had… Continue reading Let Finance Commission function the way it does now
Daily Quiz: UPSC Prelims Marathon – March 27, 2019
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Answers: Mains Marathon – UPSC Mains Current Affairs Questions – March 26, 2019
Archives Q.1) What are electoral bonds? What are the benefits and challenges attach with it? Answer: Electoral bonds are bearer bonds which are not registered in the name of a specific owner and will pay to whoever bears them. A person wishing to donate to a political party can purchase these bonds from an authorized… Continue reading Answers: Mains Marathon – UPSC Mains Current Affairs Questions – March 26, 2019
Mains Marathon Daily Current Affairs Questions and Answer Writing – March 27th, 2019
Read the following questions and answer them by clicking on the links in not more than 200 words Time: 30 Minutes Kindly review each other’s answers Q.1) What is RBI’s Forex Swap? What are its benefits? How it is different from other Open market operations? Q.2) What is virtue ethics? What is Plato’s theory of… Continue reading Mains Marathon Daily Current Affairs Questions and Answer Writing – March 27th, 2019
China destroys 30,000 ‘incorrect’ world maps
Customs officials in China have destroyed nearly 30,000 world maps printed in the Country. This is because the maps did not show Arunachal Pradesh and Taiwan as part of its territory. China claims Arunachal Pradesh as South Tibet, a part of part of the Tibet Autonomous Region. China bases it claim on the argument that… Continue reading China destroys 30,000 ‘incorrect’ world maps
Must Read News Articles – March 27, 2019
Archives GS 2 ‘Political parties most distrusted, Army, judiciary win people’s trust’ Ahead of the Lok Sabha election, a public opinion survey in 12 States has found that political parties are the most distrusted political institutions in the country. Very, very serious matters in CBI report on Saradha case: SC Former Kolkata police chief connived… Continue reading Must Read News Articles – March 27, 2019
10 PM Current Affairs Quiz : March 26, 2019
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9 PM Current Affairs Brief – March 26, 2019
Download the compilation of all summaries of all the news Articles here
7 PM | RBI’s Forex Swap and Its impact | 26 March, 2019
Read In-depth analysis of all the Editorials here Context To improve domestic liquidity conditions, the Reserve Bank of India has decided to conduct a long-term forex swap auction. What is forex swap The swap is in the nature of a simple buy/sell foreign-exchange swap with the RBI. A bank shall sell U.S. dollars to the RBI, in… Continue reading 7 PM | RBI’s Forex Swap and Its impact | 26 March, 2019
