What is the News? Reserve Bank of India(RBI) has taken out IDBI Bank from the prompt corrective action(PCA) framework. But it is still subject to certain conditions and continuous monitoring. What is Prompt corrective action(PCA) Framework? PCA is an RBI framework. Banks with weak financial metrics are put under the PCA framework by the Reserve… Continue reading IDBI Bank out of “PCA framework”
National Capital Territory of Delhi Laws Second (Amendment) Bill, 2020
Introduced: Rajya Sabha (8th Feb 2021) Passed: Rajya Sabha (9th Feb 2021) Passed: Lok Sabha (10th March 2021) Present status: Received assent on 12th Mar 2021 and converted to Act. About National Capital Territory of Delhi Laws Second (Amendment) Bill, 2020: Ministry: Housing and Urban Poverty Alleviation The bill amends the National Capital Territory of… Continue reading National Capital Territory of Delhi Laws Second (Amendment) Bill, 2020
Astronomers discover most distant “Quasar P172+18”
What is the news? International team of astronomers discovers the most distant ‘Radio-Loud’ Quasar. It is named “P172+18”. P172+18 discovered with the help of the European Southern Observatory’s Very Large Telescope (ESO’s VLT). About P172+18: P172+18 is a quasar. It emitted wavelengths with a redshift of 6.8. The higher the redshift of the radio wavelength,… Continue reading Astronomers discover most distant “Quasar P172+18”
Factly :-News Articles For UPSC Prelims | Mar 11, 2021
Read Previous Factly articles Article wise list of factly articles Cabinet clears 74% FDI in Insurance Sector What is the news? The Union Cabinet has approved a proposal to amend the Insurance Act, 1938. It will increase the foreign direct investment (FDI) limit in the insurance sector to 74% from 49%. Conditions: The increase in… Continue reading Factly :-News Articles For UPSC Prelims | Mar 11, 2021
India Not Part of “Troika-plus-Pakistan Conference”
What is the News? Russia has planned to hold a Troika-plus-Pakistan conference on Afghanistan in Moscow, Russia. About the Troika-plus-Pakistan Conference: Troika-plus-Pakistan meeting involves consultations between the US, Russia, China, Pakistan along with the representatives of the Afghanistan government, Taliban, and other senior Afghan leaders. 2 Such meetings held in 2020. Purpose: The meeting is… Continue reading India Not Part of “Troika-plus-Pakistan Conference”
Biden’s “Afghanistan Peace Plan”
What is the News? The US administration has proposed a new peace plan to the Afghan government and the Taliban. It aims to bring violence to a halt in Afghanistan. What are the Key Features of Biden’s Afghanistan Peace plan? UN Summit: United Nations will convene a meeting of the foreign ministers from China, Russia,… Continue reading Biden’s “Afghanistan Peace Plan”
Cabinet approves “Pradhan Mantri Swasthya Suraksha Nidhi | PMSSN”
What is the News? The Union Cabinet approves the Pradhan Mantri Swasthya Suraksha Nidhi (PMSSN). About Pradhan Mantri Swasthya Suraksha Nidhi(PMSSN): This program will ensure access to universal & affordable health care through a fund that does not lapse at the end of the financial year. Features: It has been set up as a single… Continue reading Cabinet approves “Pradhan Mantri Swasthya Suraksha Nidhi | PMSSN”
Cabinet clears “74% FDI in Insurance Sector”
What is the news? The Union Cabinet has approved a proposal to amend the Insurance Act, 1938. It will increase the foreign direct investment (FDI) limit in the insurance sector to 74% from 49%. Conditions: The increase in the foreign direct investment(FDI) limit in the insurance sector comes with safeguards such as: The majority of… Continue reading Cabinet clears “74% FDI in Insurance Sector”
Lack of Gender sensitivity in the Court Judgments
Synopsis: Lack of gender sensitivity by the judiciary is one of the fundamental reasons for the worsening security of Women in India. The judiciary in many cases enforced societal attitudes towards women. The worsening state of security of women in India: India rated as the most dangerous country for women, as per the Thomson… Continue reading Lack of Gender sensitivity in the Court Judgments
Why India Needs a Strong Regulatory Framework for Agriculture?
Synopsis: There is a need for developing a strong regulatory framework to promote India’s agricultural growth. Introduction The farmers in the country face various constraints such as accessing agricultural inputs, markets, finance, human resources, and information. All these factors are critical for increasing farmers’ competitiveness. The existing institutional structure controlling farm production fails to handle… Continue reading Why India Needs a Strong Regulatory Framework for Agriculture?
