Banking sector remains stable, resilient says RBI Subject : Economy Section: Monetary Policy and Banking Concept : The Reserve Bank of India (RBI) has said that as a regulator and supervisor, it maintains a constant vigil on the banking sector and on individual banks to maintain financial stability. The RBI said, as per […]
Sebi notifies stronger framework for green bonds Subject : Economy Concept : Markets regulator Sebi on Friday strengthened the framework for green bonds by introducing the concept of ‘blue’ and ‘yellow’ bonds as new modes of sustainable finance. Blue bonds relate to water management and marine sector, while yellow bonds pertain to solar […]
Sebi tweaks rules for sharp rating actions, non-cooperating issuers Subject : Economy Concept : Financial markets The Securities and Exchange Board of India (Sebi) has tweaked the framework around ‘sharp rating actions’ and also fine-tuned the policy for dealing with non-cooperating issuers for credit rating agencies (CRAs). SEBI tweaked its operational circular on […]
Two years of Myanmar coup Subject : International Relations Sections: India’s neighbours Concept : India and Myanmar relationship officially got underway after the Treaty of Friendship was signed in 1951, after which the foundation for a more meaningful relationship was established during Prime Minister Rajiv Gandhi’s visit in 1987. India and Myanmar have […]
Section 10 (26AAA) of the IT Act 1961 Subject :Economy Section: Fiscal Policy Concept : On January 13, the Supreme Court held that the benefit of tax exemption provided in Section 10 (26AAA) shall be extended to all Sikkimese people. (Association of Old Settlers of Sikkim vs Union of India) Before this judgment, […]
Potential enlargement of the European Union Subject : International Relations Section: Groupings Concept : There are eight recognised candidates for membership of the European Union: Turkey (since 1999), North Macedonia (2005), Montenegro (2010), Serbia (2012), Albania (2014), Moldova (2022), Ukraine (2022), and Bosnia and Herzegovina (2022). Kosovo (whose independence is not recognised by […]
Green channel Subject: Economy Section: Msc Concept: Keeping in view the needs of the market and the best practices in other jurisdictions, the Commission, vide notification dated August 13, 2019, amended Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Regulations, 2011, and introduced an automatic system […]
Products available in the Secondary Market Subject :Economy Context: Adani issue Concept: Following are the main financial products/instruments dealt in the secondary market: Equity: The ownership interest in a company of holders of its common and preferred stock. The various kinds of equity shares are as follows:- Equity Shares: An equity share, commonly referred […]
Daily Practice Sheet 3 February 2023 Current Affairs Based GS 1: Geography Discuss the strategic significance of Ladakh GS 2: Polity Discuss the need for women reservation. What is a republic? How it is different from monarchical political system. GS 3: Economy What do you understand by inclusive growth? Discuss its need and […]