ON TAP LICENSE FOR UNIVERSAL SFB’s Subject: Economy Context: The Reserve Bank of India (RBI) on Thursday unveiled the names of eight applicants for ‘on-tap’ licence of universal banks and small finance banks. Concept: What is On Tap license? On-tap licensing means that the window for getting a bank license from RBI is […]

    REGULATORY REVIEW AUTHORITY 2.0 Subject: Governance Context: RBI sets up regulatory review authority to review regulations, ease compliance. Concept: The Reserve Bank of India (RBI) on Thursday announced the setting up of a regulatory review authority, RRA 2.0, to review its regulations internally and in consultation with other stakeholders. RRA 2.0 will function […]

    OCI CARD Subject: Governance Context: Recently, the Centre has stated that the Overseas Citizen of India (OCI) cardholders will now be required to get their document re-issued only once at the age of 20 instead of multiple times needed currently. Concept: The notification stated that a person who has got registration as OCI […]

    NDMA Subject: Disaster Management Context: Uddhav Thackeray to PM Modi: Press in NDMA, airlift oxygen. Concept: About NDMA: The NDMA is the apex statutory body for disaster management in India. It derives its powers and responsibilities from the Disaster Management Act, 2005. It was established in 2009. It is under the control of […]

    Daily Practice Sheet 16 April 2021   Daily Prelims Topic NDMA OCI card Buddhist remains at Sitagraha hills Universal, Small finance Bank Regulatory Review Authority 2.0 Human-animal chimaera experiments UNFPA Population Report Launched WPI quickens to record 7.4% Pressure Swing Adsorption Daily Mapping Qatar Daily Data The industry contributes 6.4 per cent to […]