Mains Marathon Daily Current Affairs Questions and Answer Writing – October 25, 2018

Read the following questions and answer them by clicking on the links in not more than 200 words Time: 30 Minutes Kindly review each others answers Q.1) In  the backdrop of inhuman conditions in Prision the Supreme Court has constituted a committee on prison reforms recently. In the view of this critically analyse the mandate… Continue reading Mains Marathon Daily Current Affairs Questions and Answer Writing – October 25, 2018

Banks under PCA will get over legacy issues soon, says Goyal

Banks under PCA will get over legacy issues soon, says Goyal News: Financial Minister said that the 11 banks placed in the Prompt Corrective Action (PCA) plan would overcome their ‘legacy’ issues and emerge stronger within no time. Important News: The banks under PCA are Dena Bank, Allahabad Bank, United Bank of India, Corporation Bank,… Continue reading Banks under PCA will get over legacy issues soon, says Goyal

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180 days too long for resolving insolvency, says IBBI member

180 days too long for resolving insolvency, says IBBI member News: A member of the Insolvency and Bankruptcy Board of India (IBBI) said the current time limit to resolve insolvency cases was more than adequate. This needs to be examined in the backdrop of increasing demands for more time to resolve cases filed for bankruptcy.… Continue reading 180 days too long for resolving insolvency, says IBBI member

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Making life easier for small savers

Making life easier for small savers News: The Government setting up of Government Savings Promotion Act by merging the Public Provident Fund (PPF) Act of 1968, the Government Savings Banks Act of 1873 and the Government Savings Certificates Act of 1959. Important Facts: This move would strengthen the objective of ‘minimum government, maximum governance’. The… Continue reading Making life easier for small savers

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States petition Kovind on 15th finance panel

States petition Kovind on 15th finance panel News: 1.Finance Ministers of six States met President Ram Nath Kovind and submitted a memorandum demanding 13 amendments to the Terms of Reference of the 15th Finance Commission. Important Facts: 2.The Memorandum stated that “the terms of reference violate the federal principle as enshrined in the Constitution, erode… Continue reading States petition Kovind on 15th finance panel

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Arbitrary, capricious

Arbitrary, capricious News: The Governor of Karnataka invited the President of State BJP-Karnataka to form the government in spite of the presence of a coalition which was bigger than BJP. Important Facts: Some analysts feel that the Governor acted in a politically partisan manner which goes against the Constitutional feature of neutrality of office. Mr… Continue reading Arbitrary, capricious

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