Daily Practice Sheet 13 June 2023 Current Affairs Based GS 2: IR Discuss India and USA relations from the point of view of geo economics and geo politics. GS 3: Economy Why 2020’s can be a lost decade for the world? What is Atmanirbhar Bharat Abhiyaan? How does it differs from post independence […]
Daily Prelims Notes 13 June 2023 Table Of Contents Here is why Cyclone Biporjoy intensified into an extremely severe cyclonic storm Lessons from Bellandur: Governments should allocate more resources to monitor, and protect lakes High road to Dubai COP28: Developing countries demand ambition on financial support in Bonn High road to Dubai COP28: […]
Inflation surprise Subject: Economy Section: Fiscal Polity The RBI is expected to maintain interest rates until the April-June quarter, despite a drop in retail inflation to 6.46% in India, thanks to falling food prices and favourable statistical factors. However, core inflation remains at 5.9%, indicating that demand-driven price pressures are still a concern. […]
CoWIN portal Subject: Science and technology Section: Awareness of Computers and AI Concept : After an alleged data leak of COVID vaccination beneficiaries, the Union Health Ministry said that the CoWIN portal was completely safe with adequate safeguards for data privacy. Indian Computer Emergency Response Team (CERT-In) set to investigate the issue and […]
Coastal communities in Gujarat build mangrove barriers with benefits for environment and livelihoods Subject: Geography Section: Physical geography Context: A community-based, multi-species approach to mangrove conservation is gaining ground in the Bharuch district of Gujarat. Details: The initiative is developing a coastal bioshield, which is a plantation of mangrove and non-mangrove species, with […]
2020 may be another lost decade for global economy Subject: Economy Section: External sector Context: MD Patra, Deputy Governor of RBI, predicts that the 2020s could be another “lost decade” due to recurring financial crises, the pandemic, and the war in Ukraine accentuating the global slowdown. Key points: A structural slowdown has been […]
What FLDG means for fintech lenders Subject: Economy Section: Monetary Polity Default loss guarantee (DLG) is an arrangement between two entities, often two regulated entities, or between a regulated entity and fintech lending service providers (LSPs), whereby the LSP guarantees to compensate the regulated entity for loss due to default up to a […]
China could have as many ICBMs as U.S. or Russia by turn of decade: think tank Subject : Science and technology Section: Defence Concept : The nine nuclear-armed states, including the US, Russia, the UK, France, China, India and Pakistan, continue to modernise their nuclear arsenals, leading Swedish think-tank SIPRI said on Monday. […]
Yield curve inversion persists in corporate bond market Subject :Economy Section: Fiscal Polity Yield curve inversion occurs when the yield on short-term debt instruments is higher than that of longer-term bonds. It is a rare but significant occurrence in finance and has historically preceded recessions, making it a reliable indicator In developed markets, […]
Will Betelgeuse, the bright red giant star, blow up in your lifetime? Subject : Science and technology Section: Space technology Concept : By examining Betelgeuse’s pulsation, researchers from Japan and Switzerland recently reported that the star is in its late carbon-burning stage. About Betelgeuse Betelgeuse is a red supergiant star and one of […]