DPN Topics
SOFR Subject : Economics Context : State Bank of India (SBI) has executed two inter-bank short term money market deals with pricing linked to SOFR (Secured Overnight Financing Rate). Concept : This follows the U.K.’s Financial Conduct Authority deciding not to compel banks on LIBOR calculation after December. SOFR is a replacement for […]
INDIA INNOVATION INDEX Subject: National Reports Context: Karnataka retained its position as the most innovative major state in the country in the India Innovation Index 2020 released by NITI Aayog on January 20, 2021. Concept: NITI Ayog with the Institute for Competitiveness releases the India Innovation Index . The index, developed on the […]
DISTURBED AREA ACT Subject: Legislations Context: The Gujarat High Court directed the state government to not issue any fresh notification in operation of the amended sections of the Disturbed Areas Act, which deals with “improper clustering”, until further hearing. Concept: About the Act: The Act was first introduced in Ahmedabad in 1986. It […]
DRAGON FRUIT Subject: Environment Context: Government in Gujarat has initiated the process of patenting the name of the variety of dragon fruit grown in Gujarat as ‘kamalam’, which is also the name of the state party headquarters. Concept: Dragon fruit is the fruit of a species of wild cactus indigenous to South and […]
PMAY -G Subject: Government schemes Context: Prime Minister released assistance worth Rs 2,691 crore to over 6 lakh beneficiaries of Pradhan MantriAwas Yojna (Gramin) in Uttar Pradesh through a video conference. Concept: PMAY-G is implemented by Ministry of Rural Development. The erstwhile rural housing scheme Indira Awaasyojana (IAY) has been restructured into Pradhan […]
OFFICIAL SECRETS ACT Subject: Governance Context: The Maharashtra government has decided to seek legal opinion whether Republic TV owner and editor-in-chief can be charged under Official Secrets Act for his revelations about the Balakot airstrike three days in advance. Concept: OSA has its roots in the British colonial era. The original version was […]
NRC Subject: Polity Context: Rongali Bihu festivities will be kept in mind while deciding the schedule for the Assam Assembly elections, Chief Election Commissioner Sunil Arora said, while clarifying that exclusion from the NRC doesn’t render one ineligible to vote. Concept: The National Register of Citizens, published in August 2019, excluded around 19 […]
AMENDMENTS IN IBC Subject: Governance Context: The Supreme Court on Tuesday upheld amendments in the Insolvency and Bankruptcy Code which prescribe that at least 100 allottees from the same real estate project should support the initiation of corporate insolvency resolution process in NCLT against their property developer. Concept: The Insolvency and Bankruptcy Code […]
INVESTMENT MODELS IN E-COMMERCE Subject: Economy Context: India is considering revising its foreign investment rules for e-commerce, three sources and a government spokesman told Reuters, a move that could compel players, including Amazon.com Inc., to restructure ties with some major sellers. Concept: It is a type of business model, or segment of a […]
PARAKRAM DIWAS Subject: Current Events/History Context: The Union Culture Ministry on Tuesday announced that January 23, birth anniversary of Subhas Chandra Bose, would be celebrated as “ParakramDiwas” — day of courage — every year. Concept: Prime Minister Narendra Modi would preside over the inauguration of the celebrations in Kolkata, where a permanent exhibition […]