V2C4: MONETARY MANAGEMENT AND FINANCIAL INTERMEDIATION
BASIC TERMS Neutral Monetary policy: Neutral Monetary policy refers to the central bank (read RBI) keeping such rate or range of rates, which are consistent with full employment, trend growth, and stable prices. An economy in this state doesn’t need to be stimulated or slowed by monetary policy. Accommodative Monetary policy: An Accommodative monetary policy […]
V2C3: EXTERNAL SECTOR
IMPORTANT TERMS: Import elasticity of exports: An analysis of the relationship between exports of finished goods and imports of raw materials and intermediate goods for India is being undertaken. Net International Investment Position (NIIP): NIIP measures the gap between a nation’s stock of foreign assets and foreigner’s stock of that nation’s assets at a specific […]
13th April – Editorials/Opinions Analyses
Contents Wanted, a collective national endeavour WTO expects global goods trade volume to slump by as much as 32% Women’s safety during lockdown WANTED, A COLLECTIVE NATIONAL ENDEAVOUR Focus: GS-III Disaster Management Some excerpts from the article on “What can be done?” We are all in it together and representatives of all political parties should […]
Current Affairs for UPSC IAS Exam – 13 April 2020
Contents: Bracing for a rapid surge in cases, says government India talking to U.S. over visa sanctions Government slow to absorb lockdown impact on the poor Resume industrial activity in 15 sectors: DPIIT Stimulus must precede lifting of lockdown People with disabilities have special issues during virus outbreak BRACING FOR A RAPID SURGE IN CASES, […]
April 13th Current Affairs Quiz
April 11th Current Affairs Quiz
Special Leave Petition for UPSC Exam
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NATIONAL GALLERY OF MODERN ART CELEBRATES 66 YEARS
Why in news? National Gallery of Modern Art has celebrated 66 years by launching virtual tour of its permanent collection amid lock down. It is for the first time that National Gallery of Modern Art has provided the facility of virtual tour of its permanent collection to art lovers. Background: NATIONAL GALLERY OF MODERN ART: […]
ACCESS TO THE NATIONAL ONLINE EDUCATION PLATFORM SWAYAM
Why in news? The Ministry of HRD through its Online/Digital Education Initiatives is trying to ensure that students can continue their learning sitting at their home, during this lockdown period. The Education portals of NCERT like Diksha, e-pathasala, NROER and NIOS and the other ICT initiatives like Robotics education (e-Yantra), Open Source Software for Education […]
PRIME MINISTER’S CITIZEN ASSISTANCE AND RELIEF IN EMERGENCY SITUATIONS FUND (PM CARES FUND)
Why in news? The pandemic of COVID-19 has engulfed the entire world and has posed serious challenges for the health and economic security of millions of people worldwide. PM asked for donation to help the country in this crisis. What is PM CARES? The Fund is a public charitable trust with the Prime Minister as its Chairman. Other Members include Defence […]