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RTI REJECTIONS Subject : Governance Context : The Centre has only rejected 4.3% of all Right to Information (RTI) requests in 2019-20, the lowest ever rate, according to the Central Information Commission’s annual report. Concept : However, almost 40% of these rejections did not include any valid reason, as they did not invoke […]
Novel regions – novel Open Reading Frames or as nORFs Subject: Science and technology Context: A group of scientists have given possible explanation and peak into why even after decade of Human Genome Project only 1.5% of the entire human genome codes for proteins. Concept: In the last seven years, the team extensively […]
PROFORMA NPA Subject : Economics Context : Almost all private sector banks, housing finance companies and NBFCs as well as a few public sector lenders have reported performances for the quarter ended December 31, 2020 with higher pro forma gross non-performing assets compared to the reported gross NPAs. Concept : Supreme Court in […]
QUANTITATIVE EASING Subject: Economics Context: RBI’s calibrated measures will likely be able to address the issue of an increase in demand for funds from both the govt and the private sector in FY22. Concept: Quantitative easing (QE) is a form of unconventional monetary policy in which a central bank purchases longer-term securities from […]