Banks seek review of RBI norms on restructuring of stressed assets

Banks seek review of RBI norms on restructuring of stressed assets What has happened? The central bank has issued new rules to ensure faster recovery of bad loans, as banks could recover only Rs 7,106 crore of written-off loans till December 31, 2017 while a total of Rs 84,272 crore worth of bad loans were written-off… Continue reading Banks seek review of RBI norms on restructuring of stressed assets

Published
Categorized as Test 1

Answers: Mains Marathon – UPSC Mains Current Affairs Questions – October 25, 2018

Archives Q.1) In  the backdrop of inhuman conditions in Prison the Supreme Court has constituted a committee on prison reforms recently. In the view of this critically analyse the mandate prevailing in our society and what can be done to bring an effective prison reforms in India. Answer: Supreme Court has constituted a committee on… Continue reading Answers: Mains Marathon – UPSC Mains Current Affairs Questions – October 25, 2018

State election panels: Independent of central EC, with similar powers

State election panels: Independent of central EC, with similar powers Context Amid a standoff between the Bengal State Election Commission and BJP over the withdrawal of a notification that had extended the last date for nominations in panchayat polls, Indian Express explains an SEC’s role and powers. What is a State Election Commission’s mandate? How is… Continue reading State election panels: Independent of central EC, with similar powers

Published
Categorized as Test 1

Supreme order

Supreme order Context Judgment in Hadiya case is a robust defence of the individual’s rights against the writ of clan, community, family HC judgement The court had annulled the marriage of a 24-year-old adult, Hadiya, arguing that a girl her age was “weak and vulnerable,” and that “marriage being the most important decision in her life,… Continue reading Supreme order

Published
Categorized as Test 1

A fresh deadline

A fresh deadline Context Devise a viable Cauvery scheme soon,stop disruptive protests What has happened? The Centre cannot continue to evade its legal obligation to create a mechanism to implement the Supreme Court’s final verdict in the Cauvery dispute. This was the broad message conveyed by the court on Monday when it admonished the government… Continue reading A fresh deadline

Published
Categorized as Test 1

Aadhaar-PAN link doesn’t vitiate privacy’

Aadhaar-PAN link doesn’t vitiate privacy’ What has happened? Noting that the usages like ‘legitimate State interest’ and ‘larger public interest’ mean one and the same, the UIDAI on Tuesday argued that linking of PAN card with Aadhaar does not amount to a violation of fundamental right to privacy. Arguments presented by UIDAI counsel Supreme Court… Continue reading Aadhaar-PAN link doesn’t vitiate privacy’

Published
Categorized as Test 1

New norms for global projects

New norms for global projects Context Govt. departments must follow Indian rules in contracts What has happened? The Central Vigilance Commission has drawn up a new set of guidelines for projects funded by international agencies such as the World Bank, IMF and Asian Development Bank Govt departments to follow Indian rules The new guidelines will… Continue reading New norms for global projects

Published
Categorized as Test 1

A new beginning with Nepal

A new beginning with Nepal Context From all accounts, the Nepali PM’s visit went well but it will take pragmatism and patient nurturing on both sides to restore the trust and confidence Shift in Nepal PM of Nepal is shrewd enough to realise that his campaign rhetoric of Nepali nationalism with overt shades of anti-Indianism… Continue reading A new beginning with Nepal

Published
Categorized as Test 1
Blog
Academy
Community