Economy Quiz: Indian Economy – Balance of Payments and Convertibility – 14 December 2021

Hello friends,

we are posting today’s prelims marathon. Under Prelims marathon initiative, we on a daily basis are posting 10 MCQs. MCQs are framed based on the predefined syllabus topic.

The idea is to keep the number of MCQ questions to a practicable level so that you do not spend an extra minute than required, and have a maximum output for the UPSC Prelims Exam 2021.

Must Read Current Affairs Articles – December 14th, 2021

About Must Read News Articles: Must Read News Articles is an initiative by Team ForumIAS to provide links to the most important news articles of the day. It covers several newspapers such as The Hindu, Indian Express, Livemint, etc. This saves the time and effort of students in identifying useful and important articles. With newspaper websites… Continue reading Must Read Current Affairs Articles – December 14th, 2021

9 PM Daily Current Affairs Brief – December 13th, 2021

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

RBI Governor, PM signal reforms in trouble-prone urban co-operative banks

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

The evolution and framing of the Constitution

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

The stepping stones in the post-pandemic world

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

The good and not so good of new bank ownership norms

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

The question of US monetary policy

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

The curious case of India’s rising forex reserves and falling rupee

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

Blog
Academy
Community