DPN Topics
Special INR Vostro Accounts Subject : Economy Section: External Sector Context: Government is getting a new avenue of borrowing with the Reserve Bank of India (RBI) enabled Special INR Vostro Accounts for investment in treasury bills (TBills) and GSecs. Details: The new mechanism for international trade settlement in the rupee facilitates returns on […]
Suspicious transaction reports Subject : Security Section: Money laundering Context: The Enforcement Directorate (ED) has filed a First Information Report (FIR) against certain entities, including some employees of the bank, over alleged financial irregularities. Details: The IndusInd bank had suo moto filed Suspicious Transaction Reports (STRs) with the regulatory authorities regarding certain entities […]
Off Budget Loans Subject :Economy Section: Fiscal Policy Context: The Centre on Wednesday relaxed norms for adjusting states’ off-budget loans to fund their capital expenditure. Details: Centre earlier informed states that off-budget borrowings were to be equated with the states’ own debt and any such fund raised by the governments in 2020-21 and […]
Foreign Currency Deposits Subject : Economy Section: External Sector Context: Banks revised their FCNR rates right after RBI relaxed the norms and permitted them to raise fresh FCNR(B) and NRE deposits without reference to the extant regulations on interest rates with effect from July 7, 2022. Concept: Foreign Currency account: A Foreign Currency […]
Unfolding mysteries of the night sky Subject :Science and Technology Section: Space Context: With the release of its first five stunning images, the James Webb Space Telescope has demonstrated an acute observational capacity and revealed aspects of the cosmos hitherto hidden from other telescopes. The deep field image of the SMACS 0723 cluster […]
Union Minister inaugurates IS4OM to safeguard Indian space assets Subject : Science and Technology Section:Space Context: What is ISRO System for Safe & Sustainable Operations Management (IS4OM)? It is ISRO’s holistic approach to ensure the safety of our space assets and thus, sustains the utilization of outer space for national development The new […]
India ranks 135 out of 146 in Gender Gap Index Subject : Governance Section: Index and Report Context: What is Gender Gap Index? The Global Gender Gap Index benchmarks gender parity across four key dimensions or sub-indices: Economic participation and opportunity Educational attainment Health and survival Political empowerment It measures scores on a […]
I2U2 Summit Subject: International Relations Section: International Organization Context: I2U2 stands for India, Israel, the UAE, and the US, and was also referred to as the ‘West Asian Quad’ by Ahmed Albanna, Ambassador of the UAE to India. It was given the name International Forum for Economic Cooperation. Aim of I2U2 Its stated […]
WHO bats for passing on genomics tech to developing world Subject: Science and Technology Section: Context: The field of genomics uses biochemistry, genetics and molecular biology methods to understand and use biological information in deoxyribonucleic acid (DNA) and ribonucleic acid (RNA). This information benefits medicine and public health — especially during the COVID-19 […]