Open market Operations (OMOs) Subject: Economy Context: On March 4 the RBI will conduct a Rs 15000 crore OMO. Concept: Since the beginning of January 2021, the yield on G-secs have jumped around 24 basis points leading to fall in its prices. Due to the price drop banks are staring at mark-to-market (MTM) […]

    India-South Africa IPR waiver proposal Subject: Economy Context: Around 90 WTO members have supported India-South Africa IPR proposal for temporary waiver during Covid 19 period. Concept: At the recent TRIPS Council meeting these members supported the proposal which has 57 co-sponsors. It says that the member countries canchoose to neither grant nor enforce […]

    Infrastructure Investment Trusts (InvIT) Subject: Economy Context: The railways officials are looking at InvIT after its role in road and power sector as it has been seeking to attract private investment Concept: It is a Collective Investment Scheme similar to a mutual fund, which enables direct investment of money from individual and institutional […]

    Growth Potential of Indian economy Subject: Economy Context: Already slowing down Indian economy face Covid-19 induced slowdown and after opening up there has been talk of raising fiscal deficit and debt levels to propel growth which though goes against FRBM norms, is considered essential for growth potential of economy. Concept: Growth potential of […]

    Indian Bank Association (IBA) Subject: Economy Context: As a preparation to asses capital required for formation of “Bad Bank” the IBA has asked the lenders to give details of stressed accounts over Rs 500 crore (fund and non-fund based as also debt investment). Concept: The IBA is working with the Department of Financial […]

    Kuznets curve hypothesis Subject: Economy/Environment Context: The scientists at IIT Madras has come to conclusion that in developing countries the environmental Kuznets curve hypothesis does not hold good. Concept: About Kuznet Curve hypothesis It was given by Nobel laureate Simon Kuznets. As a country grows rich, the economic equality suffers initially, but over […]