PCA Framework Revised Subject – Economy Context – PCA framework revised: Asset quality, capital and leverage key Concept – PCA is a framework under which banks with weak financial metrics are put under watch by the RBI. The RBI introduced the PCA framework in 2002 as a structured early-intervention mechanism for banks that […]

    Exchange Traded Funds (ETFs) Subject – Economy Context – Within passive investing, Exchange Traded Funds or ETFs are gaining so smartly so that it’s perfectly possible to build a good, diversified portfolio with just ETFs. Concept – An Exchange-Traded Fund (ETF) is a basket of securities that trade on an exchange, just like […]

    Kisan Rail Subject – Economy Context – Railways red flags Kisan Rail subsidy: exceeded year’s quota in August Concept – The Railways has raised a red flag over the burgeoning operational costs of its Kisan Rail service with the subsidy it gives farmers for transportation of their produce at half-rate already exceeding the […]

    Shrinking Informal Sector Subject – Economy Context – In three years, informal economy down to 15-20% from 52%, says SBI report Concept – India’s informal economy has shrunk to around 15-20 per cent of the formal GDP as against 52 per cent three years ago following the adoption of GST, enhanced digitalisation, and […]

    Mauritius – a preferred channel for Foreign Investment Subject – Economy Context – Mauritius removed from FATF’s grey list Concept – Mauritius had become the preferred channel for routing foreign investments into India due to two reasons. One, the India-Mauritius double tax avoidance treaty allowed foreign investors using this channel to avoid capital […]

    Excise Duty Subject – Economy Context – Petroleum products: Excise collection 79% more than pre-Covid levels Concept – This is a duty on manufactured goods, which is levied at the time of manufacture. A part of indirect tax, excise duty is a levy on particular goods and is collected at the point of […]

    Infrastructure for Resilient Island States Subject – Economy Context – IRIS and CDRI work to strengthen critical infrastructure against climate change Concept – Prime Minister Narendra Modi along with his UK counterpart Boris Johnson and a few other world leaders will launch a new programme to secure and strengthen critical infrastructure in small […]