Current Affairs 06 April 2023
CONTENTS NPCI’s New Circular On Levy Charges Context: The National Payments Corporation of India (NPCI), which governs UPI, in a circular issued directly to banks, intimated that they can now levy charges on merchant transactions made through Prepaid Instrument wallets using UPI. Relevance: GS III: Indian Economy Dimensions of the Article: Details: What are PPIs? […]
PIB Summaries 06 April 2023
CONTENTS National Maritime Day Focus: Facts for prelims Why in News? The Prime Minister, has recalled India’s glorious maritime history on National Maritime Day. Stating importance of maritime sector towards India’s economic growth, he said that in the last 8 years Government of India has focussed on port-led development which is essential for economic growth […]
Static Quiz 06 April 2023 (Geography)
About Impending slowdown
Context: The World Bank and the Asian Development Bank (ADB) recently came up with new growth estimates. Relevance: GS Paper 3: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. Dimensions of the Article: Key points: Impact of a possible global slowdown: What is economic cycle and its stages? Stages of […]
China’s Renaming of Areas in Arunachal Pradesh
Context: India rejected China renaming places in Arunachal Pradesh. India’s Ministry of External Affairs categorically stated that “Arunachal Pradesh is, has been, and will always” be an integral part of India. Relevance: GS-II: International Relations (India’s Neighbors, Border Disputes, Foreign Policies affecting India’s Interests) Dimensions of the Article: Chinese claim over Arunachal Pradesh India and […]
About Lokayukta
Context: The Kerala Lokayukta, has referred a case related to alleged nepotism and anomalies in the Chief Minister’s Distress Relief Fund (CMDRF) to a three-member full bench for investigation. Relevance: GS-II: Polity and Governance (Constitutional and Non-Constitutional Bodies, Policies and Interventions on Transparency and Accountability in governance) Dimensions of the Article: About Lokayukta About Lokpal […]
About The Electoral Bonds
Context: The government recently announced the 26th tranche of electoral bond sales to be undertaken over a ten-day window at all authorized branches of the State Bank of India. Relevance: GS-II: Polity and Governance (Governance and Government Policies) Dimensions of the Article: What are Electoral Bonds? Why have they attracted criticism? Government’s response defending the […]
National Financial Reporting Authority
Context: NFRA recently pulled up a section of India Inc, including “a large listed firm”, for not complying with Indian Accounting Standards (Ind AS) Relevance: GS III: Indian Economy Dimensions of the Article: National Financial Reporting Authority (NFRA): Functions and Duties Powers -Source: Times of India
United Nations Water Conference
Context: The United Nations 2023 Water Conference held recently, was the first such meeting in 46 years. In a recent report entitled ‘Water for Sustainable Development 2018 – 2028’, the UN recognised the urgent need for action given that we are not on track to meet the 2030 Sustainable Development Goal (SDG) for water — […]
India Justice Report 2022
Context: Karnataka tops, Uttar Pradesh at the bottom in India Justice Report 2022 Relevance: GS II: Polity and Governance Dimensions of the Article: Highlights of the Report: The India Justice Report (IJR) 2022, released in New Delhi, ranks 18 large and mid-sized states with populations over one crore based on justice delivery in four pillars: […]