Finance Ministry suggests tighter cyber norms Subject :Economy Section: Monetary Policy Context: Finance Ministry suggests tighter cyber norms; closure of ‘mule’, inert bank accounts More about the news: During a recent meeting organized by the Finance Ministry in India, critical measures were discussed to address the rising concerns of online financial frauds and […]

    SEBI said to plan easing rules governing MFs’ passive funds Subject : Economy Section: Capital Market Context: India’s markets regulator plans to lower capital and disclosure requirement for fund houses that run passive investment scheme. About Passive Fund: A passive fund is an investment vehicle that tracks a market index, or a specific […]

    RBI’s Move to Increase Risk Weight for Lending Subject : Economy Section: Monetary policy Context: The Reserve Bank of India (RBI) has directed banks and non-banking financial companies (NBFCs) to reserve more capital for risk weights. Background: The RBI has raised the risk weight for consumer loan, credit card exposures, and loans to […]

    RBI supersedes Mumbai-based Abhyudaya Co-op Bank’s Board Subject: Economy Section: Monetary policy The Banking Regulations Act, enables RBI to supersede the board of directors of a bank for up to 12 months if it feels that the board is not working in the interest of shareholders and depositors. If such a step is […]

    Understanding Javier Milei and dollarisation, his radical policy to save Argentina’s economy Subject: Economy Section: External sector    In the news: The self-proclaimed “libertarian” and “anarcho-capitalist” Javier Milei has become the President-elect of Argentina, one of the world’s biggest economies which has been grappling with high inflation of more than 100%. Milei wants […]

    Producing more from less: How Indian agriculture has grown with limited ‘factors of production’ Subject : Economy Section: National Income Introduction: In agriculture, there are four “factors of production”: Land, water, labour and energy. Farmers use these factors or inputs to produce crops. For a given level of technology, the output produced by […]

    Overview of the issues raised on Agriculture at WTO Meeting Subject : Economy Section: External sector The three-day WTO Committee on Agriculture (CoA) meeting is set to begin. Key Focus Areas for India: Clarifications on the WTO-compatibility of the five-year extension for the PM Garib Kalyan Ann Yojna (PMGKAY) or the free foodgrains […]

    Why has Binance been fined by the U.S.? Subject : Economy Section: Msc Context: The U.S. government last week slammed Binance, the world’s largest cryptocurrency exchange, with a $4.3 billion fine after confirming serious protocol failures as it frequently violated U.S. sanctions. Thereafter, on November 22, Binance’s CEO and one of the crypto […]

    SEBI approves rules for index providers Subject : Economy Section: Capital market Context: The market regulator introduces a regulatory framework for index providers with the objective of fostering transparency and accountability; SEBI also amends rules to encourage Small & Medium REITs with an asset value of at least ₹50 crore and to strengthen […]