DPN Topics
‘Challenge’ Feature Length Film Subject – Science and Tech Context – Billionaire Japanese entrepreneur Yusaku Maezawa reached the International Space Station (ISS) for a 12-day trip, during which time he will complete 100 tasks in space, including playing a game of badminton. Concept – The Challenge or Doctor’s House Call is an upcoming […]
No line of succession for CDS Subject – Defence and Security Context – No clear line of succession, CCS to decide on next CDS Concept – Unlike the structures for the military, where the second-in-command to every officer, whether in the field or as a service chief, officiates if the lead officer becomes […]
Crypto as Securities of Special Class Subject – Economy Context – Treat crypto as securities of special class, says CII Concept – The term “security” refers to a fungible, negotiable financial instrument that holds some type of monetary value. It represents an ownership position in a publicly-traded corporation via stock; a creditor relationship […]
Gig Worker Subject – Economy Context – Europe takes on Uber, Deliveroo and other gig economy firms, workers to get employee rights Concept – Gig workers are independent contractors, online platform workers, contract firm workers, on-call workers and temporary workers. A person who works temporary jobs typically in the service sector as an […]
Inter Creditor Agreement Subject – Economy Context – RCF: Authum resolution plan gets debenture holders nod Concept – ICA is an agreement among banks that have dues from a borrower in stress. The pact mandates the lead bank to formulate a resolution plan that will be executed in a time bound manner. It […]
Scheduled Status of a Bank Subject – Economy Context – Scheduled status to Paytm Payments Bank Concept – Paytm Payments Bank has been given the scheduled bank status by the Reserve Bank of India. According to the bank, it has been included in the Second Schedule to the Reserve Bank of India Act, […]
Collective Strength Initiative Subject – Defence and Security Context – 10 countries simulate cyberattack on global financial system Concept – Israel led a 10-country simulation of a major cyberattack on the global financial system in an attempt to increase cooperation that could help to minimize any potential damage to financial markets and banks. […]
Non-Convertible Debentures Subject – Economy Context – Several companies, including IIFL Home Finance, India bulls Housing Finance and Edelweiss Financial Services, have announced public issues to raise funds through non-convertible debentures, offering interest rates between 8.25–9.7%. Concept – Debentures are long-term financial instruments which acknowledge a debt obligation towards the issuer. Some debentures […]
Algorithmic trading Subject – Economy Context – SEBI mulls norms to regulate algo trading by retail investors Concept – Algorithmic trading (also called automated trading, black-box trading, or algo-trading) uses a computer program that follows a defined set of instructions (an algorithm) to place a trade. The trade, in theory, can generate profits […]
Retail Inflation Subject – Economy Context – ‘India’s retail inflation likely accelerated in Nov. to 5.1%’ Concept – The change in the consumer price index over a period of time is referred to as CPI-based inflation, or retail inflation. The CPI is an index measuring retail inflation in the economy by collecting the […]