Contents1 What is the News?2 What is the Investment Portfolio of Banks currently?3 What are the changes proposed by RBI in these three categories?4 Definition of Held to maturity(HTM)5 Definition of AFS6 Other points mentioned in the Article6.1 Indian Accounting Standards(Ind AS) What is the News? The Reserve Bank of India proposed a new investment… Continue reading FVTPL Account: Banks may get a new investment category
Category: Daily Factly articles
GIS-based automated water connection and online booking of community halls in full swing under e-Chhawani in cantonments
What is the News? The Union Defence Minister has launched a GIS-based automated water connection and online booking of community halls under e-Chhawani Portal. What is a GIS-based automated water connection? The Geographical Information Systems(GIS) based automatic water supply system is the first of its kind in the country to automate the granting of the… Continue reading GIS-based automated water connection and online booking of community halls in full swing under e-Chhawani in cantonments
ONDC: Govt’s e-comm net in talks with companies
Contents1 What is the News?2 What is ONDC?3 How is the ONDC idea being taken forward?4 What are the steps that have been taken to develop ONDC? What is the News? The government has said that a small-scale implementation of the Open Network for Digital Commerce(ONDC) will be rolled out across two cities to see… Continue reading ONDC: Govt’s e-comm net in talks with companies
Baricitinib and Sotrovimab: Explained: How two drugs newly recommended by WHO work against Covid
What is the News? The World Health Organisation(WH0) has recommended two drugs, baricitinib and sotrovimab, for treatment of Covid-19. What is Baricitinib? It is part of a class of drugs called Janus kinase(JAK) inhibitors that suppress the overstimulation of the immune system. It is used to treat rheumatoid arthritis. Now, it has been strongly recommended… Continue reading Baricitinib and Sotrovimab: Explained: How two drugs newly recommended by WHO work against Covid
Unnat Bharat Abhiyan: UGC launches Training of Master Trainers in Community Based Participatory Research
Contents1 What is the News?2 What is Unnat Bharat Abhiyan?3 Objectives4 What is Unnat Bharat Abhiyan 2.0? What is the News? University Grants Commission (UGC) has launched the Training of Master’s Trainers program in Community-based Participatory Research under Unnat Bharat Abhiyan 2.0. What is Unnat Bharat Abhiyan? It was launched in 2014 by the Ministry… Continue reading Unnat Bharat Abhiyan: UGC launches Training of Master Trainers in Community Based Participatory Research
CBSE announces holding of 27th edition of National Conference of Sahodaya School Complexes
What is the News? The Central Board of School Education(CBSE) has announced the holding of the 27th edition of the National Conference of Sahodaya School Complex. What is the Sahodaya School Complex Concept? Sahodaya School Complex is a concept literally meaning ‘rising together’. This concept was first mooted by the Education Commission,1966. The National Policy… Continue reading CBSE announces holding of 27th edition of National Conference of Sahodaya School Complexes
Consumer Affairs Minister suggests 5-point reform agenda for FCI
What is the News? The Union Minister for Consumer Affairs, Food and Public Distribution has suggested a five-point reform agenda for the Food Corporation of India(FCI) on the occasion of the 58th Foundation Day of the FCI. What is the five-point reform agenda suggested by the Food Minister for FCI? – Change the public perception… Continue reading Consumer Affairs Minister suggests 5-point reform agenda for FCI
Union Minister says India has taken a lead in Asian Continent to provide Weather and Climate services to South Asian, South-East Asian and Middle East countries
What is the News? Union Minister of State for Science & Technology, Earth Sciences has said that India has taken a lead in Asian Continent to provide Weather and Climate services to South Asian, South-East Asian and Middle East countries. What were the initiatives launched by the Minister? Four Doppler Weather Radars launched Four Doppler… Continue reading Union Minister says India has taken a lead in Asian Continent to provide Weather and Climate services to South Asian, South-East Asian and Middle East countries
Department of Personnel & Training (DOPT): Year-End Review 2021
What is the News? The Department of Personnel & Training (DOPT), Ministry of Personnel, Public Grievances & Pensions has taken several initiatives in the year 2021. Several of them are National Recruitment Agency Lateral Entry: To achieve the twin objectives of bringing in fresh talent as well as to augment the availability of manpower at… Continue reading Department of Personnel & Training (DOPT): Year-End Review 2021
India getting warmer, hotter: 2021 fifth warmest year since 1901, says IMD
What is the news? India Meteorological Department (IMD) has recently released its report on India’s climate. What are the IMD’s findings? -2021 has been the fifth-warmest year since 1901, and the decade 2012-2021, was the warmest on record. 11 of the 15 warmest years on record were between 2007 and 2021. It also found that… Continue reading India getting warmer, hotter: 2021 fifth warmest year since 1901, says IMD
