BOND YIELDS DECLINE ON EXPECTATION OF RATE CUT

Focus: GS-III Indian Economy, Economic Development Why in news? There is a growing expectation in the domestic market that the Reserve Bank of India will be cutting the repo Rate after the U.S. Federal Reserve reduced interest rates on 3rd March 2020, to fight the economic slowdown due to the spread of COVID-19. Bond yields […]

NOD FOR CHANGES TO COMPANIES ACT FOR DECRIMINALISING OFFENCES

Focus: GS-III Indian Economy, GS-II Governance Why in news? On 4th March, the Union Cabinet approved the proposal to amend 65 sections of the Companies Act, in a bid to decriminalise a number of offences and ease corporate social responsibility (CSR) requirements, especially for smaller companies. The amendment bill will also enable the listing of […]

INDIA COMMITTED TO TWO-STATE SOLUTION – ON PALESTINE

Focus: GS-II International Relations Why in news? Members of UN said: India has remained “steadfast” in its support for Palestinian rights and has consistently voted in favour of Palestine at the United Nations on “15 key resolutions”. They called for New Delhi to play an “enhanced” role in the search for a solution to the […]

IBC BILL DISCRIMINATES AGAINST HOMEBUYERS

Focus: GS-II Governance Why in news? The Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019, has introduced a new clause that sets a threshold of a minimum 100 homebuyers or 10% of total homebuyers in a project, whichever is less, as a requirement to jointly take the developer to an insolvency court. This means that […]

SUPREME COURT FREES TRADE IN CRYPTOCURRENCIES

Focus: GS-III Science and Technology, Prelims Why in news? The Supreme Court on March 4 set aside an April 6, 2018, circular of the Reserve Bank of India (RBI) prohibiting banks and entities regulated by it from providing services in relation to virtual currencies (VCs). The position as on date is that VCs are not […]

LOK SABHA APPROVES TAX RESOLUTION BILL AS DISRUPTIONS CONTINUE

Focus: GS-II Governance Why in news? The Direct Tax Vivad se Vishwas Bill that seeks to expedite resolution of pending tax disputes was passed by the Lok Sabha on 4th March 2020, even as normal proceedings in both houses of Parliament remain paralysed for the third day in a row over the Opposition’s demand for […]

How to Read NCERT Books for UPSC Exam

Importance of NCERT books: NCERT books are considered as real foundation in Civil Service Exam preparation. Many of the UPSC aspirants end up choosing the wrong book materials which may even lead them to failure. These NCERT books focus on fundamentals to help the students clear the basic concepts which are necessary to read further […]

E-WASTE RECYCLING HAS DOUBLED – CENTRE

Focus: GS-III Science and Technology, Prelims Why in news? The Central Government said that the electronic waste (e-waste) in 2018-19 was over double of the e-waste recycled in 2017-18. Details The approximate estimated generation of e-waste in FY 2017-2018 for electrical and electronic equipment was 7,08,445 tonnes of which 69,414 tonnes were recycled, whereas in […]

COVID-19 CASES

Focus: GS-III Science and Technology, Prelims Why in news? COVID-19 Cases rise to 29 in India, of which 2 cases with high viral load were detected in Telangana. The infection broke out in China’s Wuhan city in December 2019 and has spread to over 60 countries, killing more than 3,000 and infecting over 90,000. COVID-19 […]

SPECIES IN NEWS: SWAMP WALLABY

Focus: GS-III Environment and Ecology Why in news?   The swamp wallaby is likely the only mammal pregnant and lactating all life long, researchers have said. How is it possible?  Female wallabies and kangaroos have two uteri and two separate ovaries. At the end of a pregnancy in one uterus, a new embryo develops in […]