Category: Test 1

Conservative banking not bail-in, will bail us out Context FRDI Bill 2017 New method: Bail-in The Financial Resolution and Deposit Insurance (FRDI) Bill 2017 now pending before the joint committee of Parliament contains a new method for saving a failing bank — a ‘bail-in’ of customers deposits instead of a ‘bail-out’ by the government What… Continue reading Conservative banking not bail-in, will bail us out

Where intent overrides impact Context The e-way bill, set to be introduced across India from February 1 as part of the Goods and Services Tax (GST) regime, could lead to ‘large scale’ disruption in the transportation of goods, transporters caution Intended purpose of the bill While the bill is intended as a mechanism to prevent… Continue reading Where intent overrides impact

Banking on good faith: on efforts to recapitalise PSBs  Context More structural reforms are needed to maximize the bank recapitalization effort Benefit of recapitalization This capital offers a fresh lease of life as it will help meet regulatory requirements under the Basel-III regime as well as cushion them to an extent from possible haircuts on… Continue reading Banking on good faith: on efforts to recapitalise PSBs 

Trans-pacific pact could hurt India Context If India were to join the mega-regional Free Trade Agreement (FTA) called the Trans-Pacific Partnership (TPP) and adopt its norms, they would severely hurt the country’s agriculture, manufacturing, services and the generic pharma industry, according to a new book Book Titled “Trans-Pacific Partnership Agreement: A framework for future trade… Continue reading Trans-pacific pact could hurt India

A vote for state funding Context Election Finance in India Issues Corporate donations constitute the main source of election funding in India which constitutes mainly of black money, business and corporate donations to political parties. The public disclosure system that exists is limited In 2008, using the provisions of the Right to Information (RTI) Act, the… Continue reading A vote for state funding

Plea to exclude SC/ST creamy layer from quota Context The Supreme Court will hear a petition to exclude the affluent members, or the creamy layer, of the Scheduled Castes and Scheduled Tribes from the benefits of reservation What does the petition say? The petition filed by Samta Andolan Samiti, which represents the poor strata of… Continue reading Plea to exclude SC/ST creamy layer from quota

Analysis: could a jail term for Khaleda Zia spell unrest in Bangladesh? Context Verdict to be announced on February 8th on the case of alleged embezzlement of Tk. 21 million in foreign donations meant for the ‘Zia Orphanage Trust’ Threat of violence The BNP, backed by its Islamist allies, has warned that it would take… Continue reading Analysis: could a jail term for Khaleda Zia spell unrest in Bangladesh?

New book claims Netaji died in 1945 Context Reports by Japanese and other international authorities have conclusively proved that Netaji Subhash Chandra Bose died in an air crash on August 18, 1945, a new book has claimed Book Findings have been made in the book titled Laid to Rest: The Controversy over Subhash Chandra Bose’s… Continue reading New book claims Netaji died in 1945

The many things that Lamin B2 can do For the first time, nuclear protein lamin B2, which plays an important role in maintaining the structure and function of the nucleus, has been found to determine the morphology and function of the nucleolus, a roundish entity found inside the nucleus. The nucleolus makes ribosomal ribonucleic acid… Continue reading The many things that Lamin B2 can do

Cautious optimism  Context The Economic Survey underscores the need to maintain fiscal credibility The Economic Survey underscores the need to maintain fiscal credibility The Economic Survey for 2017-18 paints the picture of an economy that gives reason for both optimism and caution. GDP growth could accelerate It projects that GDP growth could accelerate to 7-7.5% in 2018-19, from… Continue reading Cautious optimism