Current Affairs for UPSC IAS Exam – 18 March 2020
Contents: Abortions till 24 weeks for special categories UIDAI can issue notice on complaint SC upholds right of women naval officers FPI sales at a record high as virus spooks markets COVID-19 will impact GDP growth by 90 bps: SBI report RBI to regulate payment aggregators ABORTIONS TILL 24 WEEKS FOR SPECIAL CATEGORIES Focus: GS-II […]
18th March – Editorials/Opinions Analyses
Contents: For a floor test first: On Madhya Pradesh crisis A revival of multilateralism, steered by India FOR A FLOOR TEST FIRST: ON MADHYA PRADESH CRISIS Focus: GS-II Governance, Prelims Why in news? Kamal Nath-led Congress government in Madhya Pradesh has to prove its majority on the floor of the legislature at the earliest. Delaying […]
List of NCERT Books for UPSC
NCERT books are considered as the 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 advanced books. NCERT […]
PUBLIC SECTOR BANK MERGERS GET APPROVAL
Focus: GS-III Indian Economy Why in news? The merger of public sector banks (PSBs) will become effective from April 1, 2020, with the Cabinet giving nod to the proposal on 4th March 2020. Details The consolidation of 10 PSBs into four includes the merger of: Oriental Bank of Commerce and United Bank of India into […]
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 […]