K-shaped recovery Vs V-shaped recovery Subject: Economy Context: Economic Adviser (CEA) Krishnamurthy Subramanian acknowledged on Thursday that some parts of the economy may be witnessing a K-shaped recovery, as smaller firms and urban poor had been hit harder by the pandemic, but stressed that India’s overall economic rebound remains V-shaped. Concept: K-shaped recovery […]
Crowing Out of Investment Vs Crowing Out of Investment Subject: Economy Context: Concerns about high government borrowings crowding out the private sector’s fundraising efforts were misplaced and not based on evidence, Chief Economic Advisor Krishnamurthy Subramanian asserted on Thursday reacting to comments made by a member of the Securities and Exchange Board of […]
Urban Co-operative Banks (UBBs) Subject: Economy Context: The Reserve Bank of India (RBI) has cancelled the licence of The Madgaum Urban Co-operative Bank Limited, Margao, Goa. Concept: Cooperative banks are financial entities established on a co-operative basis and belonging to their members. This means that the customers of a co-operative bank are also its […]
Sexual Harassment at Workplace (Prevention-Prohibition and Redressal) Act (the SH Act) 2013 Subject: Polity Context: A total of 391 complaints have been filed by employees of Central government Ministries about sexual harassment at workplace, the government told in Parliament. Concept: The Vishaka guidelines were replaced by the Sexual Harassment of women at the workplace […]
Chola Art & Architecture Subject: Arts and Culture In news: The National Gallery of Australia announced Thursday it will return 14 works of art from its Asian art collection to the Indian government. Worth a combined $3 million, the works include six bronze or stone sculptures, a brass processional standard, a painted scroll […]
Why cloudbursts could become more frequent Subject: Geography In news: On July 28, at least seven people were killed, 17 injured and over 35 missing after a cloudburst hit a remote village of Jammu and Kashmir. Recently, cloudbursts have been reported from several places in J&K, Union Territory of Ladakh, Uttarakhand and Himachal […]
Daily Practice Sheet 29 July 2021 Daily Prelims Topic The Ken Betwa project needs to be redesigned Earth Overshoot Day’ has shifted back to July 29 says WWF GST Council Telangana Dalit Bandhu scheme Covishield Efficacy Pre-Packs Options and futures Deposit Insurance and Credit Guarantee Corporation (Amendment) Bill The academic bank of […]