IRDAI’s Vision: Insurance for All By 2047
Context: The Insurance Regulatory and Development Authority of India (IRDAI), as part of its Vision Insurance for all’ by 2047, has allotted states and union territories to every insurer to increase insurance penetration in India. Relevance: GS III: Indian Economy Dimensions of the Article: About Insurance Regulatory and Development Authority of India: IRDAI Vision 2047 […]
Editorials/Opinions Analysis For UPSC 30 May 2023

Editorials/Opinions Analysis For UPSC 30 May 2023 Contents India’s First Polarimetry Mission: XPoSat Context: The X-Ray Polarimeter Satellite (XPoSat), due for launch later this year, is being built by the Indian Space scientific Organisation in partnership with the Raman Research agency (RRI), Bengaluru, an independent scientific agency. Relevance: GS Paper-3: Science and Technology- developments and […]
Current Affairs 30 May 2023

CONTENTS IRDAI’s Vision: Insurance for all by 2047 Context: The Insurance Regulatory and Development Authority of India (IRDAI), as part of its Vision Insurance for all’ by 2047, has allotted states and union territories to every insurer to increase insurance penetration in India. Relevance: GS III: Indian Economy Dimensions of the Article: About Insurance Regulatory and Development Authority of […]
PIB Summaries 30 May 2023

CONTENTS Vande Bharat Express Focus: Indigenization of technology Why in News? Prime Minister Narendra Modi flagged off northeast region’s first Vande Bharat Express virtually. The train will connect Guwahati in Assam with New Jalpaiguri in West Bengal and the journey will take five-and-a-half hours. About Vande Bharat 2: About Vande Bharat Express: International Day of UN […]
Consider the following statements India’s public sector health care
Consider the following statements : Statement-I : India’s public sector health care system largely focuses on curative care with limited preventive, promotive and rehabilitative care. Statement-II : Under India’s decentralized approach to health care delivery, the States are primarily responsible for organizing health services. Which one of the following is correct in respect of the […]
Consider the following statements About Self-Help Group (SHG) programme
Consider the following statements: 1. The Self-Help Group (SHG) programme was originally initiated by the State Bank of India by providing microcredit to the financially deprived. 2. In an SHG, all members of a group take responsibility for a loan that an individual member takes. 3. The Regional Rural Banks and Scheduled Commercial Banks support […]
In the context of finance, the term ‘beta’ refers to
In the context of finance, the term ‘beta’ refers to (a) the process of simultaneous buying and selling of an asset from different platforms (b) an investment strategy of a portfolio manager to balance risk versus reward (c) a type of systemic risk that arises where perfect hedging is not possible (d) a numeric value […]
With reference to Central Bank digital currencies, consider the following statements
With reference to Central Bank digital currencies, consider the following statements: 1. It is possible to make payments in a digital currency without using US dollar or SWIFT system. 2. A digital currency can be distributed with a condition programmed into it such as a time- frame for spending it. Which of the statements given […]
Consider the following statements with reference to India
Consider the following statements with reference to India : 1. According to the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006′, the medium enterprises’ are those with investments in plant and machinery between Rs.15 crore and Rs.25 crore. 2. All bank loans to the Micro, Small and Medium Enterprises qualify under the priority sector. […]
Consider the following statements According To The United Nations
Consider the following statements: Statement-1: According to the United Nations’ World Water Development Report, 2022′, India extracts more than a quarter of the world’s groundwater withdrawal each year. Statement-II: India needs to extract more than a quarter of the world’s groundwater each year to satisfy the drinking water and sanitation needs of almost 18% of […]