Subject: Economy Context: RBI permitted banks and NBFCs to allow a further 3-month moratorium, i.e from June 1 to August 31, 2020, on the payment of installments in respect of term loans outstanding as on March 31, 2020. Concept: According to data provided by different banks, nearly 30 per cent of their outstanding loans have […]
Subject: IR Context: Tensions continue to prevail between India and China along the Line of Actual Control Concept: The LAC is the demarcation that separates Indian-controlled territory from Chinese-controlled territory. It is divided into three sectors: the eastern sector which spans Arunachal Pradesh and Sikkim, the middle sector in Uttarakhand and Himachal Pradesh, and the western […]
Subject: Science and tech Context: SpaceX’s Crew Dragon has landed two NASA astronauts at the International Space Station Concept: It was the first time that astronauts used a spaceship built and launched by a private company, and the event is being widely seen as the beginning of a new era in space exploration. For NASA, […]
Subject: Economy Context: Insurance Regulatory and Development Authority of India (IRDAI) has wanted to arrive at a ‘standardized cost structure’ for treatment of the pandemic with COVID-19 patients running up high bills in private hospitals. Concept: Currently standard Covid-19 insurance product which includes PPE kits and other consumables are not part of normal health insurance policy. As […]
Subject: IR Context: US President wanted to expand G7 group by including India, Russia, South Korea, and Australia and said present form of is outdated Concept: Countries: The G-7 or ‘Group of Seven’ is Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. Origin It is an intergovernmental organization that was formed in 1975 […]
Table Of Contents G7 Insurance and COVID 19 A new era in space exploration Line of actual control Loan moratorium and NPAs Genome Mapping Herd immunity vs Herd Masking Solicitor General Rare scorpion fish found in Gulf of Manner World Milk Day 1. G7 Subject: IR Context: US President wanted to expand G7 […]