DPN Topics
Asian Clearing Union Subject: Economy Section: External Economy In view of difficulties being faced by exporters in getting payments from crisis-hit Sri Lanka, the RBI on Thursday allowed settlement of trade transactions in Indian rupee outside the Asian Clearing Union (ACU) mechanism. Details: In March, the government had guaranteed a term loan of […]
Interoperable cardless cash withdrawal Subject: Economy Section: Monetary Policy The Reserve Bank of India has said all banks, ATM networks and white label ATM operators may provide the option of interoperable cardless cash withdrawal at their ATMs. Details: National Payments Corporation of India has been advised to facilitate Unified Payments Interface (UPI) integration […]
Pricing of petroleum and LPG Subject: Economy Section: Monetary Policy Consumer Price Index (CPI) surged to an eight-year high of 7.79 per cent in April, while producers’ inflation based on Wholesale Price Index (WPI) crossed all-time high in the latest series at over 15 per cent in April. Recently Government took several steps […]
RBI Fund Transfer Subject: Economy Section: Monetary Policy The Reserve Bank of India (RBI) on Friday said its board had approved the transfer of ₹30,307 crore as surplus to the Union government for the fiscal year 2021-22, while deciding to maintain the Contingency Risk Buffer at 5.50%. Concept: The RBI, established in 1935, […]
Cotton Export and Export price parity Subject: Economy Section: Agriculture Context: Spiralling prices of cotton, resulting in demands by the textile and garment industries to ban exports of the fibre. Details: India is the world’s second largest cotton producer (after China) and third largest exporter (after the US and Brazil). High global prices […]
World Biodiversity Day Subject: Environment Section: Biodiversity Context: “Building a shared future for all life” is the theme of International Day for Biological Diversity for 2022. The theme was chosen to continue developing momentum and support the post-2020 global biodiversity framework at the forthcoming UN Biodiversity Conference (COP15). Concept: According to the Global […]
Indian Antarctic Programme (IAP) Subject: Environment Section: Climate Change Context: India’s scientific contribution in Antarctica is crucial for advancing knowledge on existing research on climate and geological history in the region, as well as its linkages with the Indian subcontinent. Concept: The Indian Antarctic Programme (IAP) is governed by the National Centre for […]
Raja Ram Mohan Roy: 250th birth anniversary Subject: Modern History Section: Personality Content: One of the most influential social and religious reformers of the 19th century, Ram Mohan Roy, born on May 22, 1772 in what was then Bengal Presidency’s Radhanagar in Hooghly district. Roy worked in the sphere of women’s emancipation, modernizing […]
RBI Fund Transfer The Reserve Bank of India (RBI) on Friday said its board had approved the transfer of ₹30,307 crore as surplus to the Union government for the fiscal year 2021-22, while deciding to maintain the Contingency Risk Buffer at 5.50%. Concept: The RBI, established in 1935, operates according to the Reserve Bank of […]
Cotton Export and Export price parity Why in the news? Spiraling prices of cotton, resulting in demands by the textile and garment industries to ban exports of the fibre. Details: India is the world’s second largest cotton producer (after China) and third largest exporter (after the US and Brazil). High global prices have […]