DPN Topics
Trade off between unemployment and inflation Subject : Economy Section :Inflation Context Typically, when an economy goes through a phase of high inflation, chances are that the unemployment rate will fall. That’s because firms, enticed by higher prices, try to ramp up production by recruiting more people. Which is worse? According to a […]
Pandemic and Inflation Subject : Economy Section : Inflation Context Inflation has risen around the world, across major economies. How did the pandemic lead to inflation? Supply constraint– cost push inflation led the surge in energy, food, non-food commodities, input prices and rising freight costs Lockdown– structural inflation Base effect-earlier lower inflation Pent […]
Crypto crashed Subject : Economy Section : Monetary Policy Context Bitcoin, the most dominant cryptocurrency around, is down more than 50% from an all-time high price of $68,000, which it achieved just last November. Concept: A stablecoin is a type of cryptocurrency that is typically pegged to an existing government-backed currency. A cryptocurrency […]
Network planning group (NPG) Subject: Polity Section: Governance Infrastructure projects, entailing investment of over₹500 crore, would now route through the network planning group (NPG) constituted under the PM Gati Shakti initiative with the Finance Ministry issuing the necessary instructions and creation of the national masterplan digital platform. NPG consists of heads of the […]
Rare springtime annual meeting of the World Economic Forum (WEF) Subject: International relations Section: International body Context: 100 CEO’s visit WEF Concept : The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry […]
New FIR against former NRC chief for ‘allowing doubtful voters to enlist names’ Subject: Polity Section: Constitution Content: D Voters is a category of voters in Assam whose citizenship has been doubtful (due to lack of citizenship credentials in form of supporting documents) or is under dispute. Foreigner Tribunal set up under Foreigner […]
Jagannath Temple Subject: History Section: Art and Culture The temple is believed to be constructed in the 12th century by King AnatavarmanChodaganga Deva of the Eastern Ganga Dynasty. Jagannath Puri temple is called ‘YamanikaTirtha’ where, according to the Hindu beliefs, the power of ‘Yama’, the god of death has been nullified in Puri […]
Sustaining FDI Subject: Economy Section: External sector Benefits of FDI: Economic development stimulation: FDI can stimulate a target country’s economic development and create a more conducive environment for companies, the investor, and stimulate the local community and economy. Easy international trade: Countries usually have their own import tariffs, which makes trading rather difficult. […]
Specialty steel PLI scheme deadline may be extended Subject: Science Section: Msc SPECIALTY STEEL Specialty steels also referred to as alloy steel contains additional alloyed materials that deliver special properties to the final product. Specialty steels are engineered to provide superior performance under specific conditions. Various stainless-steel alloys are included among common specialty […]
Supreme Court allows export of iron ore from key mines in Karnataka Subject: Geography Section: Minerals Section Context: The Supreme Court recently lifted the ban imposed on iron ore export from mines of Ballari, Chitradurga, and Tumakuru districts in Karnataka and allowed miners to sell ore through direct sale.