Market infrastructure institutions (MIIs). Subject: Economy Context: The Securities and Exchange Board of India sought public comments on a report submitted by one of its working committees on strengthening the governance of market infrastructure institutions (MIIs). Details: In April, the market regulator formed a committee under G. Mahalingam to strengthen governance norms at […]
Compulsory convertible preferred shares (CCPS) & equity shares Subject: Economy Context: IRDAI has rejected a proposal to convert a company’s holdings in compulsory convertible preferred shares (CCPS) into equity shares. Details: In June 2022, Digit Insurance and Fairfax Financial Holdings applied to the IRDAI for approval to convert the company’s holdings in compulsory […]
Sovereign Green Bond Framework Subject: Economy Context: The Centre has released the framework for its proposed sovereign Green Bonds. Details: An independent and Norway-based second-party opinion (SPO) provider CICERO has rated India’s green bonds framework as ‘Medium Green’ with a “Good” governance score. The payment of principal and interest on the Green Bonds […]
All you need to know about Vikram S and why it is a big deal Subject: Science and Technology Context- India’s first privately developed launch vehicle is set to make its maiden flight from Indian Space Research Organisation’s (ISRO) launchpad at Sriharikota. Mission Prarambh- Under this mission, Vikram-S will carry 3 customer satellites […]
Daily Practice Sheet 10 November 2022 Current Affairs Based GS 1: Geography Give an overview of groundwater resource of India. [Reference: The Hindu] GS 2: Polity Discuss the federal issues in law and order and policing. [Reference: The Hindu] GS 3: Environment Green bonds are one of the most prominent innovations in the […]