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PIB Summaries 04 April 2024

CONTENTS India’s Defence Exports Surge to Record High in FY 2023-24 Context: India’s defence exports have reached a historic milestone, amounting to Rs 21,083 crore (approximately USD 2.63 billion) in the fiscal year 2023-24. This represents a significant increase of 32.5% compared to the previous fiscal year. Recent data also reveals an impressive 31-fold growth […]

Editorials/Opinions Analysis For UPSC 04 April 2024

CONTENTS Curbing Malpractices within Private Banks Context: Numerous private banks in India have been implicated in significant irregularities and malpractices, with some of these infractions highlighted in their Inspection Reports since the Supreme Court directed the Reserve Bank of India (RBI) to make such reports public under the RTI Act. However, the RBI is currently […]

Current Affairs 03 April 2024

CONTENTS Reserve Bank of India Context: Prime Minister Narendra Modi addressed a ceremony to mark 90 years of the Reserve Bank of India in Mumbai. Relevance: GS III: Indian Economy Dimensions of the Article: News Summary: Prime Minister Narendra Modi Addresses RBI@90 Ceremony About Reserve Bank of India (RBI) Overview: Composition: Primary Functions of the RBI: […]

PIB Summaries 03 April 2024

CONTENTS Recognition of Matabari Pera and Pachra with GI Tags Context: The Tripura Chief Minister announced that two traditional items from the state, Matabari Pera and Pachra, have been honoured with the Geographical Indication (GI) tag marking a significant milestone for local artisans and weavers. Relevance: GS III: Indian Economy Dimensions of the Article: Recognition of Matabari Pera and […]

Editorials/Opinions Analysis For UPSC 03 April 2024

CONTENTS Will India Experience more Heat Wave Days this Summer? Context: The India Meteorological Department (IMD) declared higher-than-average heat wave conditions for various regions of India on Monday. These conditions are affecting the southern, central, eastern, and northwestern parts of the country. This announcement coincides with India’s ongoing struggle to meet its electricity demand. Relevance: […]

Current Affairs 02 April 2024

CONTENTS Impact of Evolving AI on Elections: India’s Upcoming Polls Context: As AI progresses from Generative Artificial Intelligence (GAI) to Artificial General Intelligence (AGI), its influence on elections becomes increasingly significant. This evolution highlights the urgent need to address AI’s potential impact on democratic processes, as evidenced by India’s upcoming elections. Relevance: GS III: Science […]