DPN Topics
The new guidelines against ‘service charge’ Subject :Polity Section : Rights Context: CCPA has issued guidelines under Section 18 (2) (I) of The Consumer Protection Act, 2019. guidelines are in addition to the Centre’s 2017 guidelines which prohibit the levy of service charge on consumers by hotels and restaurants, and terms the charging […]
GST Compensation Mechanism Subject: Economy Section: Fiscal Policy The introduction of the Goods & Services Tax (GST) required States and Union Territories (with Legislature) to subsume their sovereignty in a GST Council, raising the issue of loss on account of migration from Value Added Tax/Sales Tax to GST. As per Section 18 of […]
Agricultural Credit Subject: Economy Section: Agriculture Context: Mandated to provide and regulate credit for agriculture, NABARD has deviated from its objectives by investing in private corporations. Therefore, it’s time to consider a separate ‘Rashtriya Kisan Bank’ that is completely dedicated to agriculture and rural development. Issue? In the last 10 years, agriculture credit […]
RBI guidelines for Non-bank payment system operators (PSOs) Subject: Economy Section: Banking Context: The RBI recently reviewed the operations of Non-bank payment system operators (PSOs) authorised to operate any payment system by it. Details: Non-bank payment system operators (PSOs) will require prior approval of the RBI for any takeover or acquisition of control […]
The Unified Payments Interface- UPI Subject: Economy Section: Monetary Policy Context: More than 40% of all retail digital payments (non-cash and non-paper payments) in India happen through UPI now. Concept: The UPI was launched in 2016 and is operated by the National Payments Corporation of India (NPCI) It is an advanced version of […]
International Investment Position Subject: Economy Section: External sector Context: India’s foreign exchange reserves have declined from a peak of $642 billion as of October 29, 2021, to $590.50 billion in June 2022, a fall of $51.50 billion. However, the comfort is that the current level of forex reserves are large enough to cover […]
The States’ start-up ranking 2021 Subject: Economy Section: Economy Context: The results of the third edition of Ranking of States on Support to Startup Ecosystems were released by the Minister of Commerce and Industry, Shri Piyush Goyal in New Delhi. Details: It ranked States and Union Territories into 5 Categories: Best Performers, Top […]
Myanmar hosts first regional meeting since coup Subject: IR Section: International Organisation Context: Myanmar’s military government on Monday hosted the first high-level regional meeting since the Army took power last year About Lancang-Mekong Cooperation (LMC) It is a multilateral format established in 2016 for cooperation between the riparian states of the Lancang River […]
Fossils Subject: Science The fossils of our earlier human ancestors, located in a cave in South Africa, are a million years older than previously understood according to a new study Australopithecus, meaning “southern ape”, was a group of hominins or now-extinct early humans, that was closely related to and almost certainly the ancestors […]
Anthrax- the infectious disease found in Kerala Subject: Science Anthrax, also known as malignant pustule or woolsorter’s disease, is a rare but serious disease caused by the rod-shaped bacteria known as Bacillus anthracis. It occurs naturally in soil and, according to the WHO it is primarily a disease of herbivores, with both domestic […]