DPN
Subject: Economy Context: The Union Cabinet has given its approval to the Scheme of Amalgamation of Lakshmi Vilas Bank Limited (LVB) with DBS Bank India Limited (DBIL). Concept: To protect depositors’ interest and in the interest of financial and banking stability, RBI under section 45 of the Banking Regulation Act, 1949, has put a moratorium […]
Subject: Economy Context: To drive infrastructure creation in the country, the Union Cabinet approved the infusion of ₹6,000 crore equity in National Infrastructure Investment Fund’s (NIIF’s) debt platform in the next two years. Concept: Out of the proposed amount, ₹2,000 crore will be infused in the current financial year. NIIF Debt Platform is sponsored by […]
Subject: Economics Context: Foreign portfolio investors (FPIs) have been making record investments in Indian equities the last few weeks taking their exposure to a lifetime high of about ₹1.5-lakh crore in the eight months into the current fiscal year. Concept: Foreign portfolio investment (FPI) consists of securities and other financial assets passively held by foreign […]
Subject: Science & tech Concept: 5G or fifth generation is the latest upgrade in the long term evolution (LTE) mobile broadband networks. The first generation of networks allowed only mobile voice calls to be made, while the second generation allowed mobile voice calls as well as sending of short text messages. It was the third […]
Table Of Contents PERMANENT COMMISSSION FOR WOMEN UNLAWFUL RELIGIOUS CONVERSION BILL POSHAN ABHIYAAN BAMIYAN BUDDHA ARTICLE 32 & 33 INVERTED DUTY STRUCTURE 3D PRINTING RBI ON NBFC’S CONVERSION 1. PERMANENT COMMISSSION FOR WOMEN Subject : Security Context : Women Army officers moved the Supreme Court to debunk the defence establishment’s announcement […]
Subject : Economics Context : The internal working group of Reserve Bank of India (RBI) suggested that large Non-Banking Financial Company (NBFCs) can convert into banks if they fulfill certain criteria. Concept : Well run large NBFCs, with an asset size of ₹50,000 crore and above, including those which are owned by a corporate house, […]
Subject : Science & tech Context : Researchers published the results of clinical trials on an innovation: 3D printed nasal swabs as an alternative to commercial swabs to test for Covid-19. Concept : The cost of materials per 3D-printed nasal swab ranges from 26 to 46 cents; commercial swabs cost about $1 each, the authors […]
Subject : Economics Context :The rubber goods industry, especially the non-tyre segment, is worried over the irrational duty structure that has put several domestic manufacturing units in a precarious position. Concept : Inverted duty structure (IDS) is a situation where the rate of tax on inputs used is higher than the rate of tax on […]
Subject : Polity Context : A Supreme Court Bench headed by Chief Justice of India S A Bobde observed that it is trying to discourage individuals from filing petitions under Article 32 of the Constitution. Concept : Notes on Article 32 Article 32 is one of the fundamental rights listed in the Constitution that each […]
Subject : Culture Context :At least 14 people were killed in central Afghanistan when two blasts ripped through the historic city of Bamiyan(known for Bamiyan Buddha), home to many members of the mainly Shiite Hazara ethnic minority. Concept : The Buddhas of Bamiyan were located in the Bamyan Valley of central Afghanistan. These were 2 […]