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Current Affairs 12 October 2022

CONTENTS

  1. Decline in Forex Reserves
  2. International Monetary Fund
  3. Allegations against Google by the NBDA
  4. Chief Justice of India
  5. Nobel Prize in Economic Sciences

Decline in Forex Reserves


Context

According to the Reserve Bank of India (RBI), India’s forex reserves have fallen by USD 110 billion in the last 13 months.

Relevance:

GS III: Indian Economy

Dimensions of the Article:

  1. What are forex reserves?
  2. What does the RBI do with the forex reserves?
  3. Current Scenario
  4. Causes of Declining Forex Reserves

Click Here To Read More:  Decline in Forex Reserves


International Monetary Fund


Context:

IMF cuts India’s growth forecast to 6.8% this year.

Relevance:

GS II: International Relations

Dimensions of the Article:

  1. Key points:
  2. About International Monetary Fund (IMF)
  3. Functions of the IMF

Click Here To Read More: International Monetary Fund


Allegations Against Google by the NBDA


Context:

Recently, the News Broadcasters and Digital Association (NBDA) approached the Competition Commission of India (CCI) against search-engine operator Google, alleging that the latter had deprived them of their justifiable revenue acquired from news dissemination on the tech-giant’s platforms.

  • The complaint would be clubbed with similar cases filed by the Indian Newspaper Society (INS) in February this year and the Digital News Publishers Association (DNPA) last year.

Relevance:

GS II: Polity and Governance

Dimensions of the Article:

  1. About NBDA
  2. What are the key allegations?
  3. Why is Google dominant?

Click Here To Read More: Allegations Against Google by the NBDA


New Chief Justice of India


Context:

Chief Justice of India U.U. Lalit nominated Justice D.Y. Chandrachud as his successor in a brief meeting held at the Supreme Court judges’ lounge in the presence of all judges of the court.

Relevance:

GS II- Polity and Governance

Dimensions of the Article:

  1. Appointment of the CJI
  2. Administrative Powers of CJI (Master of Roster)

Click Here To Read More: New Chief Justice of India


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