DPN Topics
Subject: IR Context: India has been elected as a member of the United Nation’s Commission on Status of Women, a body of the Economic and Social Council (ECOSOC) Concept: The Economic and Social Council is at the heart of the United Nations system to advance the three dimensions of sustainable development – economic, social and […]
Subject: Economy Context: A Parliamentary panel has suggested abolishing tax on long-term capital gains for all investments in start-ups made through collective investment vehicles (CIVs). Concept: The gain or profit from the sale of assets is classified as a capital gain. The tax for this capital gain needs to be paid in the year that […]
Subject: Polity Context: Lok Sabha passed a bill proposing a 30 percent salary cut in the salaries of MPs for one year Concept: Article 106 of the Constitution empowers MPs to determine their salaries and allowances by enacting laws. Till 2018, Parliament periodically passed laws to revise the salaries of MPs. In 2018 through the Finance Act, Parliament […]
Subject: Schemes Context: Six banks, led by State Bank of India (SBI), collectively mobilised 68 per cent more gold year-on-year (yoy) from households and temple trusts, among others, at 4,643.25 kg in 2019-20 against 2,763.12 kg the previous year under the Gold Monetisation Scheme (GMS). Concept: Indians families keep a lot of gold lying idle […]
Subject: Policy Context: Government has decided for introducing a comprehensive and integrated ‘National Fisheries Policy, 2020’ Concept: It is by integrating the National Policy on Marine Fisheries, 2017 (NPMF), the Draft National Inland Fisheries and Aquaculture Policy (NIFAP) and the Draft National Mariculture Policy (NMP) along with the elements of Post Harvest.
Subject: Schemes Context: The Consumer Protection Act, 2019 which came into effect from 20th July 2020, and replaces the Consumer Protection Act of 1986 would give greater fillip to the ongoing consumer movement in the country Concept: The Consumer Welfare Fund was created in 1992. Its objective is providing financial assistance to promote and protect the […]
Subject: Economy Context: In a recently released report, the Reserve Bank of India mentioned that an appreciating currency will help contain imported inflationary pressures. This has given rise to a fervent debate as to whether the RBI is no longer able to handle the Impossible Trilemma. Concept: The policy trilemma refers to the trade-offs a […]
Subject: Polity Context: Congress moved an adjournment motion notice in the Lok Sabha over the “surveillance” of key Indian personalities, including the President and Prime Minister, by a firm linked to the Chinese government Concept: It is introduced in the Parliament to draw attention of the House to a definite matter of urgent public importance, […]
Subject: Economy Context: Contracting for the sixth straight month, India’s exports slipped 12.66 per cent year-on-year to USD 22.7 billion in August, on account of fall in the shipments of petroleum, leather, engineering goods and gems and jewellery items, as per the government data released Concept: Trade deficit Trade balance of a country shows the difference […]
Subject: IR Context: The World Trade Organization upheld a complaint by China over additional duties slapped by the U.S. on some $250 billion worth of Chinese goods. A panel of experts set up by WTO’s Dispute Settlement Body ruled the tariffs were “inconsistent” with global trade rules, and recommended that the U.S. “bring its measures […]