Hello friends,
We are posting the 10 PM current affairs quiz for today. Under our 10 PM current affairs quiz initiative, we are posting 10 MCQs sources from news articles, on a daily basis. MCQs in this initiative are sourced from PIB, The Hindu, Indian Express, etc.
Dear Friends We have initiated some changes in the 9 PM Brief and other postings related to current affairs. What we sought to do: Ensure that all relevant facts, data, and arguments from today’s newspaper are readily available to you. We have widened the sources to provide you with content that is more than enough and… Continue reading 9 PM Daily Current Affairs Brief – December 13th, 2021
What is the news? Reserve Bank of India (RBI) Governor has indicated that the banking regulator will bring in sweeping regulatory changes to reform urban co-operative banks. The Prime Minister, the Union Finance Minister and the Governor were present at an event to mark the payment of nearly ₹1,300 crore to over 1 lakh depositors… Continue reading RBI Governor, PM signal reforms in trouble-prone urban co-operative banks
What is the news? 26th November 2021, marked as India’s 72nd Constitution Day. About the framing of the constitution The Indian National Congress demanded the Constituent Assembly in 1935 to frame a Constitution for free India. The Congress wanted an election on the basis of adult franchise to elect the Constituent Assembly. The elections were… Continue reading The evolution and framing of the Constitution
News: India must leverage international partnerships for ensuring a robust and sustained economic growth path. Why International partnerships are important ? Firstly, the COVID-19 pandemic has affected growth, trade and investments, and employment, among others. In this context, international cooperation is critical to combat the current & future challenges related to growth. Secondly, strengthening global… Continue reading The stepping stones in the post-pandemic world
News: RBI’s internal working group, set up in June 2020, had made 33 recommendations on the ownership and corporate structure of private sector banks. The RBI has accepted 21 of them, with minor modifications in some cases. The rest, are under examination. What are the key recommendations made by the RBI’s IWG? Entry of corporate… Continue reading The good and not so good of new bank ownership norms
News: Headline inflation in the US has reached 6.8%, the highest value in 40 years. In this context, if the US Federal Reserve resort to monetary tightening policy (Fed Tapering) to control inflation, it will have important consequences for the world economy. What are the implications of Fed tapering? Flight of capital from the emerging… Continue reading The question of US monetary policy
News: Further expansion of RBI’s balance sheet without normalizing credit offtake (demand for credit) will only raise economic risks. Contents1 How RBI manages its balance sheet?2 How excess liquidity created during the quantitative easing phase is being managed?3 What is the current anomaly?4 What are the implications due to flight of capital? How RBI manages… Continue reading The curious case of India’s rising forex reserves and falling rupee
.News: At present, China’s economy is growing significantly slower than other emerging markets for the first time in three decades. But the present rapid slowdown in China does not impact the world economy like it used to be. This is against the popular saying that as China goes, so goes the global economy. China accounted… Continue reading Challenges associated with China’s economy: Dragon Stumbling, World Ok
News: Inequality in India is rising. Covid has exacerbated the issue. What are the latest findings? The latest edition of the World Inequality Report shows that the top 10% earn 57% of national income, and within that top 1% earns 22% while the bottom 50% earn only 13% of the income. This deeply impacts social… Continue reading How the pandemic has worsened inequality in India
