Broadcast Audience Research Council (BARC) Subject: Economy Context: TRP controversy with some news channel using unfair means to raise TRP by having access to exclusive TRP data. Concept: Broadcast Audience Research Council (BARC) India is a Joint Industry Company founded by stakeholder bodies that represent Broadcasters, Advertisers, and Advertising and Media Agencies. It […]
Approach: Startup is a venture in early stages of its development, it is founded by two to three entrepreneur who focus on capitalising a market demand by developing a viable product or service Startup scenario India has the 3rd largest startup ecosystem in the world Significantly, the number of women entrepreneurs stood at 14%, […]
Clinical Trial Liability Insurance Subject: Economy Context: Pharma companies have opted to buy insurance covers from domestic general insurers for their clinical trials to develop vaccines in the country as the vaccine demand is set rise and it is a highly risk activity. Concept: It offers protection against legal liabilities which result from […]
T-bills (Treasury bills) Subject: Economy Context: Treasury bill yields rise in India after RBI’s cash move. The 190 billion rupees ($2.6 billion) sale was the first sovereign auction since the Reserve Bank of India said late on Friday it plans to drain cash via a reverse repo operation. Concept: The government raised fund […]
Sandbox guidelines Subject: Economy Context: IRDAI proposes extension of regulatory sandbox guidelines by 2 years for proposals under it needs more time for completion. Concept: To give a fillip to insurance penetration and facilitate innovations in the sector, especially those triggered by technology, the regulator had notified the IRDAI (Regulatory Sandbox) Regulations, 2019 […]