What is the News? The Reserve Bank of India(RBI) has introduced the Standing Deposit Facility(SDF), an additional tool for absorbing liquidity, at an interest rate of 3.75%. Contents1 What is a Standing Deposit Facility(SDF)?2 Why was SDF introduced now?3 How will the SDF facility operate?4 What will happen to the Reserve Repo Rate then? What… Continue reading Explained: What is SDF, the RBI’s new tool to absorb excess liquidity to control inflation?
Tag: Indian express
Indian express articles.
Explained: The common complaints about Aadhaar, which CAG has now flagged in UIDAI audit
Contents1 What is the News?2 What are the issues highlighted by the CAG related to the issuance of Aadhar Cards? 2.1 No assurance that all the Aadhaar holders are ‘Residents’ as defined in the Aadhaar Act3 Duplication of Aadhar4 Issuance of Aadhaar to Minor Children4.1 All Aadhaar numbers are not supported with actual documents containing personal… Continue reading Explained: The common complaints about Aadhaar, which CAG has now flagged in UIDAI audit
Hubble finds a new Jupiter-like planet forming in an unusual way: NASA
Contents1 What is the News?2 What is the Jupiter-like protoplanet formed?3 What are Protoplanets?4 What is the significance of this discovery?5 What is Disk Instability Theory? What is the News? The Hubble Space Telescope has photographed a Jupiter-like protoplanet forming through a process that researchers have described as intense and violent. What is the Jupiter-like… Continue reading Hubble finds a new Jupiter-like planet forming in an unusual way: NASA
RBI shift on monetary policy
News: Recently, contrary to the predominant market expectations that the status quo will be maintained by RBI on the monetary policy, the Monetary Policy Committee (MPC) surprised everyone. The body has reinforced the de facto normalisation, which had already started in November 2021. Contents1 What has been announced by the RBI? 2 What are the reasons… Continue reading RBI shift on monetary policy
Celebrating India’s contribution to the world of knowledge
Context: Recently there have been debates and discussion over India’s contribution and achievements in various domains of knowledge. The debates arose because despite immense contributions, India’s achievements remain unattributed and uncelebrated despite 5,000 years old civilization. The topic became more important as India is going to celebrate its 75 years of Independence. What have been… Continue reading Celebrating India’s contribution to the world of knowledge
Explained: What are the draft guidelines for registration of doctors proposed by NMC?
Contents1 What is the News?2 What is the purpose of these guidelines?2.1 Key Features of the Guidelines3 What is NExT? What is the News? The National Medical Commission(NMC) has released draft guidelines on how the doctors will be registered in order to practise medicine. What is the purpose of these guidelines? The guidelines aim to… Continue reading Explained: What are the draft guidelines for registration of doctors proposed by NMC?
BRICS and the creation of a multipolar world
News: The Russia-Ukraine conflict has brought BRICS grouping at the centre of discussion due to multiple reasons. The RIC controls 22% of the global GDP, and it accounts for 16% of global exports of goods and services. Therefore, the current crisis may consolidate BRICS, especially RIC. It has the potential to become a real alternative… Continue reading BRICS and the creation of a multipolar world
Parliament has just passed a dangerous bill
News: Recently, the Rajya Sabha has passed the Criminal Procedure (Identification) Bill, 2022, just two days after it was passed by the Lok Sabha. In fact, Maharashtra has become the first state to launch its biometric database of undertrials and convicts. Such moves are being objected to on account of the violation of the right… Continue reading Parliament has just passed a dangerous bill
Explained: Indonesia’s palm oil crisis, and its implications for India
News: The world’s largest producer and exporter of palm oil, Indonesia, is facing domestic shortages, leading to price controls and export curbs. What explains this situation, and what are the implications for India? What is the present situation wrt palm oil in Indonesia? Indonesia has witnessed the domestic prices of branded cooking oil spiral, between… Continue reading Explained: Indonesia’s palm oil crisis, and its implications for India
What latest climate report says: No time to waste, but world is not out of options yet
News: Working group III of the IPCC has released the third and final instalment of the AR6. The report cautions that to have any chance of restricting global temperature rise to 1.5-2oC from pre-industrial levels, the world must act now. It emphasises that strengthening of climate action to keep alive the 1.5 degree target was… Continue reading What latest climate report says: No time to waste, but world is not out of options yet
