Current Affairs Quiz 05 May 2022
Office of Profit
Context: The Election Commission has sent a warning to Jharkhand’s chief minister, alleging that he held a “office of profit” by granting himself a mining lease in 2021. The chief minister is accused of violating a provision of the Representation of the People Act. Relevance: GS II- Polity and Governance Dimensions of the Article: What is […]
RBI Hikes Repo Rate By 40 bps
Context: Interest rates in the banking system are set to go up after the Reserve Bank of India (RBI) jacked up the Repo rate, the main policy rate, by 40 basis points to 4.40 per cent and the cash reserve ratio (CRR) by 50 basis points to 4.50 per cent to suck out liquidity and […]
President Has No Role To Play in Perarivalan’s Plea: SC
Context: The Supreme Court has disagreed with the Central government’s suggestion that the court should wait till the President took a call on former PM’s assassination case convict A.G. Perarivalan’s mercy plea referred to him by the Tamil Nadu Governor for a decision. Relevance: GS-II: Polity and Governance Dimensions of the Article: Why in news […]
PIB Summaries 05 May 2022
Coalition for Disaster Resilient Infrastructure Focus: GS III- Diaster Management Why in News? PM addresses inaugural session of fourth edition of the International Conference on Disaster Resilient Infrastructure About Coalition for Disaster Resilient Infrastructure: The Sendai Framework for Disaster Risk Reduction (SFDRR) highlights the role of improved disaster resilience, especially of infrastructure, as a cornerstone for sustainable […]
TN NEET Exemption Bill
Context: The CM informed the Tamil Nadu Legislative Assembly that Governor has forwarded the NEET exemption Bill to the Union Home Ministry to be sent to the President of India for his assent. Relevance: GS-II: Social Justice and Governance (Issues related to Education, Government Policies and Initiatives), GS-II: Polity and Governance (Centre-State Relations) Dimensions of […]
Current Affairs 05 May 2022
CONTENTS RBI suddenly raised Repo rate by 40 bps Office of Profit TN NEET exemption bill President has no role to play in Perarivalan’s plea: SC RBI Suddenly Raised Repo Rate By 40 bps Context: Interest rates in the banking system are set to go up after the Reserve Bank of India (RBI) jacked up the […]
Bill Assent, a Delay and the Governor’s Options
Context The State of Tamil Nadu has been witnessing a confrontation between the elected government and the State Governor on the question of giving assent to the National Eligibility cum Entrance Test (NEET) Bill passed by the State Assembly. Relevance GS-II: Functions and Responsibilities of the Union and the States, Issues and Challenges Pertaining to […]
The Status of GST Compensation Dues
Context The West Bengal CM has said that slashing State levies on petrol and diesel will be possible only if the Centre clears its outstanding dues of over ₹97,000 crore, which includes compensation for implementing the Goods and Services Tax (GST). Relevance GS-III: Government Budgeting Dimensions of the Article What is GST? Compensation under GST […]
Editorials/Opinions Analysis For UPSC 05 May 2022
Editorials/Opinions Analysis For UPSC 05 May 2022 Contents The status of GST Compensation dues Bill assent, a delay and the Governor’s options The Status of GST Compensation Dues Context The West Bengal CM has said that slashing State levies on petrol and diesel will be possible only if the Centre clears its outstanding dues of […]