Appointment of Chief Economic Advisor Subject – Economy Context – Centre invites applications for CEA post Concept – The Centre has invited applications for the post of Chief Economic Advisor (CEA) to replace incumbent Krishnamurthy Subramanian, who is to complete his three-year term in December. The Department of Economic Affairs in the Finance […]

    Exclusions in Insurance Subject – Economy Context – Recently, doing the rounds on social media was the case of an insurance company rejecting a death claim under a personal accident policy because the deceased was riding a vehicle over 150 cc, mentioned as an exclusion under the policy. Concept – Exclusions are the […]

    SEBI declares govt-owned firm PEC as ‘not fit & proper’ Subject – Economy Context – SEBI declares govt-owned firm PEC as ‘not fit & proper’ Concept – The Securities and Exchange Board of India (SEBI) has declared a government-owned company as ‘not fit & proper’ for the first time. PEC Ltd, a 100 […]

    Global Oil Boils Subject – Economy Context – As the global recovery gains strength, the price of crude is nearing its highest level since2018. Concept – As the global recovery gains strength, the price of crude oil is nearing its highest level since 2018. The surge in prices has led to record high […]