DPN Topics
Foreign Banks in India Subject : Economy Section: Monetary Policy Context: The proposed takeover of Swiss bank Credit Suisse by its bigger rival UBS What are foreign Banks? Financial institutions that serve customers outside of their own country are referred to as “Foreign Banks.” A Foreign Bank branch operates as a kind of […]
Credit Suisse 17billion AT 1 Bonds hit Subject : Economy Section: Monetary Policy Concept : Swiss authorities brokering Credit Suisse’s rescue merger with UBS have said 16 billion Swiss francs ($17 billion or Rs 1.4 lakh crore approximately) of its Additional Tier 1 (AT1) debt will be written down to zero. AT1 bond […]
Shiromani Gurudwara Prabandhak Committee Subject: History Section: MODERN India Concept : Amid a police crackdown against radical preacher Amritpal Singh and his associates, the Shiromani Gurdwara Parbandhak Committee (SGPC) on Monday asked the Punjab government to stop arresting “innocent” Sikh youths. About Shiromani Gurdwara Parbandhak Committee The Shiromani Gurdwara Parbandhak Committee (or SGPC) […]
Equinox Subject : Geography Section: Climatology Concept : Equinox today (March 21) marks the end of winter in northern and summer in southern hemisphere. About Equinoxes (Vernal & Autumnal) The word equinox is derived from two Latin words – aequus (equal) and nox (night). There are only two times of the year when […]
Zoonoses Theory Subject : Science and technology Section: Health Concept : Undisclosed genetic data from a food market in Wuhan has been unearthed and is being used to support the zoonoses theory over the lab leak theory. These findings were presented to the Scientific Advisory Group for the Origins of Novel Pathogens, an […]
HC declares void election of a devikulam MLA Subject : Polity Concept : The Kerala High Court on Monday declared void the election of A Raja of the LDF from Devikulam, a reserved assembly constituency in the Idukki district. Justice P Somarajan observed that Raja is not a member of ‘Hindu Parayan’ within […]
Rule 50 Notice in Kerala Assembly Subject : Polity Section: Parliament and Legislature Concept : Stalemate in the Kerala assembly continued for the fourth day as the Opposition obstructed the proceedings over the denial of the adjournment motion notice under Rule 50 of the house and the police case against seven UDF MLAs. […]
Supreme court directs govt to clear 28000 cr OROP Arrears Subject : Schemes Concept : The Supreme Court on Monday directed the Centre to clear all One Rank One Pension (OROP) arrears totalling Rs 28,000 crore for ex-servicemen by February 28 next year, saying the government is duty-bound to comply with its 2022 […]
Statutory Liquidity Ratio Subject :Economy Section: Monetary Policy Statutory Liquidity Ratio popularly called SLR is the minimum percentage of deposits that the commercial bank maintains through gold, cash and other securities. However, these deposits are maintained by the banks themselves and not with the RBI or Reserve Bank of India. Section 24 and […]
CRR Subject :Economy Section: Monetary Policy It is a certain minimum amount of deposit that the commercial banks have to hold as reserves with the central bank. The percentage of cash required to be kept in reserves, vis-a-vis a bank’s total deposits, is called the Cash Reserve Ratio. The cash reserve is either […]