Supreme Court’s Verdict on Demonetisation
Context: Recently, A majority of four judges on a Constitution Bench of the Supreme Court found no flaw in the Union government’s process to demonetise ₹500 and ₹1,000 banknotes through a Gazette notification issued on November 8, 2016. Relevance: GS-III: Indian Economy (Fiscal Policy, Government Policies and Initiatives) Dimensions of the Article: What is the […]
Unified Payments Interface
Focus: GS III: Indian Economy Why in News? The Prime Minister has lauded fellow Indians for embracing digital payments as India reached a milestone of 782 Crore UPI Transactions worth ₹12.8 Lakh Crore in Dec 2022. What is Unified Payments Interface (UPI)? National Payments Corporation of India
What Is A Bad Loan?
Context: Recently, Finance Minister told Parliament that banks had written off bad loans worth ₹10,09,511 crore during the last five financial years. Relevance: GS III: Indian Economy Dimensions of the Article: What is a loan write-off? Why do banks resort to write-offs? What is a bad loan? NPA recognition Why is there a need to […]
Vibrant Village Programme
Context: Union Home Minister said that borders can be permanently secured only when border villages are populated by patriotic citizens who are concerned for the country, asking the border-guarding forces to use the Vibrant Village Programme (VVP) for the same. Relevance: GS III- Indian Economy (Infrastructure) Dimensions of the Article: About Vibrant Village Programme Focus […]
Current Account Deficit
Context: India’s current account balance recorded a deficit of $36.4 billion — or a nine-year high of 4.4% of GDP — in the second quarter ended September, rising from $18.2 billion (2.2% of GDP) in the previous quarter, according to Reserve Bank data. Relevance: GS III- Indian Economy (Growth and Development) Dimensions of the Article: […]
What Exactly Is Blue Carbon?
Context Relevance: GS Paper-3: Indian Economy and issues relating to planning, mobilization, of resources, growth; Conservation, environmental pollution and degradation, environmental impact assessment Mains Question Blue carbon initiatives have the potential to transform the fight against climate change and global warming from a symbolic to a significant agent. Analyze. (150 Words) What exactly is Blue Carbon? […]
Budget Should Ease Global Business
Context The Janardana Temple in Kerala, the Aga Khan Haveli in Agra, and the Gonpa complex in Ladakh are among the 14 ancient sites designated as protected by the Archaeological Survey of India in the last three years. Relevance GS Paper-3: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment and […]
Delhi HC Verdict on ‘Rooh Afza’ Trademark
Context: Recently, the Delhi High Court, in the case of Hamdard National Foundation (India) vs Sadar Laboratories Pvt. Ltd., restrained Sadar Laboratories from manufacturing and selling beverages under the impugned trademark ‘Dil Afza’. The court observed that the trademark ‘Rooh Afza’ is prima facie a strong mark requiring a high degree of protection as it has acquired immense goodwill. […]
Ban on the Agri-Commodities Trading
Context SEBI recently extended the ban on futures trading in seven agricultural commodities, including derivatives of two crops, which had been in effect since December 20, 2021. Relevance: GS Paper-3: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment; Commodity Market in India. Mains Question What exactly is commodity trading? Also, […]
Private Cryptos And Financial Crisis
Context RBI Governor Shaktikanta Das has stated that cryptocurrencies will cause the next financial crisis, and that developments at crypto exchange FTX have vindicated the central bank’s stance. He made these remarks at a Business Standard-organized BFSI summit in Mumbai. Relevance GS Paper -3: Indian Economy and issues relating to planning, mobilization, of resources, growth, […]