DPN Topics
Powers of Reserve Bank of India Subject – Economy Context – RBI turns up the heat on errant banks, others. Concept – The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934. The Central Office of the Reserve Bank was initially established […]
Israel Subject – IR Context – Israel strikes Gaza after balloon attack, clashes Concept –
Strait of Malacca Subject – IR Concept – Straits of Malacca is a narrow stretch of water, 580 mi (930 km) in length, between the Malay Peninsula (Peninsular Malaysia) and the Indonesian island of Sumatra. As the main shipping channel between the Indian Ocean and the Pacific Ocean, it is one of the […]
South China Sea Subject – IR Context – China to require foreign vessels to report in ‘territorial waters’. Concept – South China Sea is an arm of western Pacific Ocean in Southeast Asia. It is connected by Taiwan Strait with the East China Sea and by Luzon Strait with the Philippine Sea. This sea holds tremendous strategic importance for its location as it is the connecting link […]
Maritime Zones Subject – IR Context – China to require foreign vessels to report in ‘territorial waters’. Concept – Baseline – It is the low-water line along the coast as officially recognized by the coastal state. Internal Waters: Internal waters are waters on the landward side of the baseline from which the breadth of the territorial sea is measured. Each coastal state […]
United Nations Convention on the Law of the Sea (UNCLOS) Subject – IR Context – China to require foreign vessels to report in ‘territorial waters’. Concept – The United Nations Convention on the Law of the Sea (UNCLOS) is an international treaty which was adopted and signed in 1982. UNCLOS is the only international convention which stipulates a framework for state […]
Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (Sarfaesi) Act of 2002 Subject – Economy Context – Extend IBC provisions to InvITs: experts Concept – Banks utilize Sarfaesi Act as an effective tool for bad loans (Non Performing Asset) recovery. The Sarfaesi Act is effective only against secured loans where banks can enforce the underlying security. Basically, […]
Insolvency and Bankruptcy Code Subject – Economy Context – Extend IBC provisions to InvITs: experts. Concept – It is a reform enacted in 2016. It amalgamates various laws relating to the insolvency resolution of business firms. It lays down clear-cut and faster insolvency proceedings to help creditors, such as banks, recover dues and prevent bad loans, a key drag on the economy. […]
Central Board of Direct Taxes (CBDT) Subject – Economy Context – Govt. extends deadline amid IT portal glitches. Concept – The Central Board of Direct Taxes is a statutory authority functioning under the Central Board of Revenue Act, 1963. The officials of the Board in their ex-officio capacity also function as a Division of the […]
National Mission for Clean Ganga Subject – Governance Context – The need for infrastructure development in the Himalayan region rubs up against the environmental and ecological challenges that they pose. Concept – The National Mission for Clean Ganga (NMCG) was implemented by the National Council for Rejuvenation, Protection and Management of River Ganga […]