DPN
Composition of Bank Credit in India Subject: Economy Section: Monetary Policy The composition of bank credit in India has shifted significantly over the years, with an increasing proportion of credit going to services and retail loans rather than the industry. Here’s an overview of the changing composition of bank credit: As of March […]
Personal Income Tax vs. Corporate Income Tax Collection Subject: Economy Section: Fiscal Policy Why in news? Discrepancy in Growth Rates: Recent data from the Central Board of Direct Taxes (CBDT) indicates that personal income tax (PIT) collections have been growing more than twice as fast as corporate income tax (CIT) collections. Impressive Growth […]
RBI Extends PCA Framework to Government NBFCs Subject: Economy Section: Monetary Policy Context: The Reserve Bank of India (RBI) has extended the Prompt Corrective Action (PCA) framework for Non-Banking Financial Companies (NBFCs) to government NBFCs starting from October 1, 2024. Background: The PCA Framework for NBFCs was introduced by the RBI on December […]
Udaipur in race to be nation’s 1st wetland city Subject : Environment Section: Ecosystem Context: The Rajasthan government is working towards making Udaipur the country’s first wetland city. Udaipur, Rajasthan: Udaipur is surrounded by five major lakes and is already part of the restoration project of the National Lake Conservation Plan. The state […]
Climate crisis in forests: Wild fruits, sacred groves in Sharavathi valley bear the brunt Subject : Environment Section: Protected Area Context: Due to climate change and changing rainfall patterns, production of fruits from wild trees are decreasing rapidly. Details: Indian Institute of Science’s (IISc) research station in Kumta, Uttara Kannada district of Karnataka. […]
World leaders must prioritize implementation of sustainable development goals Subject : Environment Section: Protected Area Context: The midterm assessment of the progress made on the sustainable development goals (SDG) was carried out in the 2023 SDG Summit, which took place on September 18-19, 2023, in New York. Global People’s Assembly: 2,045 activists from […]
Dancing frogs of Western Ghats among most threatened amphibians globally Subject: Environment Section: Species in news Context: The dancing frogs that are endemic to the Western Ghats are the most threatened amphibian genus of India, according to the Wildlife Trust of India. Details: Global Amphibian Assessment report released by: IUCN’s Species Survival Commission’s […]
When sun and rain mingle Subject: Science and Tech Section: Physics Why are rainbows arc shaped? The cause of rainbow formation is reflection and refraction of the sun’s rays as they fall on drops of rain. As a ray passes into a drop of rain, the water acts like a tiny prism. The […]
A treasure trove: field notes from the forests of Arunachal Pradesh Subject: Environment Section: Protected Areas Context: A book More Than Just Footnotes: Field Assistants in Wildlife Research and Conservation is written by Ambika Aiyadurai, an anthropologist who teaches at the Indian Institute of Technology, Gandhinagar, and Mamata Pandya, an independent writer and […]
Economics Nobel prize for work on gender-based pay gap Subject: Economy Section: Msc Subject In News: Claudia Goldin wins Nobel economics prize for work on gender gap n the 2023 Nobel economics prize for her work on labour market inequalities based on gender. Key Points: Claudia Goldin has been awarded the prize for […]