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OBJECTIVES OF RBI

Inoperative & unclaimed accounts: How will the RBI’s revised guidelines benefit customers?

Syllabus: GS-III Subject: Indian Economy Topic: Government Budgeting. Context: The RBI has asked banks to undertake at least an annual review in respect of accounts, where there have been no customer-induced transactions for more than a year. Synopsis: The RBI’s revised guidelines allow customers to reactivate inoperative accounts/unclaimed deposits by submitting fresh KYC documents at […]

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Higher borrowing by states to widen yields spread with G-Sec

Syllabus: GS-III Subject: Economic Development Topic: Government Budgeting. Context:  States’ borrowing seen at record Rs 4.13 lakh crore in Q4 Synopsis: Overview: In Q4, Indian states, including Andhra Pradesh, Karnataka, Gujarat, Punjab, Rajasthan, and Bihar, plan to borrow a record Rs 4.13 lakh crore, widening the yield spread with central government securities. This surge in

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Citizenship Amendment Act

Govt, ready with rules for CAA, set to be notified before LS polls announcement

Syllabus: GS-II: Subject: Polity & Governance Topic: Constitution of India —historical underpinnings, evolution, features, amendments, significant provisions, and basic structure. Context: Citizenship (Amendment) Act (CAA) the Bill for which was cleared by Parliament in December 2019, will be notified much before the announcement of the Lok Sabha elections, Synopsis: The Indian government is set to

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Centre plans to end Free Movement Regime with Myanmar to check influx of illegal migrants, and insurgents

Centre plans to end Free Movement Regime with Myanmar to check influx of illegal migrants, and insurgents

Syllabus: GS-III Subject: Security Topic: Security challenges and their management in border areas. Context: India ends visa-free movement with Myanmar along a 1,643 km border, replacing it with visas. Top of Form Synopsis: The Free Movement Regime (FMR) along the Myanmar border, passes through Mizoram, Manipur, Nagaland, and Arunachal Pradesh, The FMR, allows visa-free movement

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XPoSat in orbit; to study black holes, neutron stars.

Syllabus: GS-III Subject: Science and Technology Topic: Achievements of Indians in Science & Technology; Indigenization of Technology and Developing New Technology crossed Context:   The launch put India in an elite category as it has become the second nation to send an observatory to study astronomical sources such as black holes, neutron stars among others. Synopsis:

XPoSat in orbit; to study black holes, neutron stars. Read More »

Jaishankar to begin a two-day visit to Nepal on January 4, power pacts on agenda

Syllabus: GS-II Subject: International Relations Topic: India and its neighborhood- relations. Context:  An agreement on the modalities of purchasing 10,000 MW of hydropower from Nepal and discussions on air connectivity issues, digital payments, and the inauguration of development projects funded by India are all on the agenda Synopsis: Visit Overview: Focus on the Joint Commission

Jaishankar to begin a two-day visit to Nepal on January 4, power pacts on agenda Read More »

Foreign inflows into Indian bonds spike to a 6-year high

Foreign inflows into Indian bonds spike to a 6-year high

Syllabus: GS-III Subject: Economic Development Context:   Overseas investors net bought government bonds worth ₹35,000 crore in October-December Synopsis: Foreign investment in Indian government bonds surged to a six-year high, reaching ₹35,000 crore in October-December 2023, propelled by JPMorgan’s decision to include Indian debt in its indexes. The full-year tally stands at ₹59,800 crore, the highest

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Ministries flagged MSP concerns: Low returns to rising oil imports

Syllabus: GS-III Subject: Indian Economy & Development Topic: Issues related to direct and indirect farm subsidies and minimum support prices. Context: Proposed unequal MSPs hinder crop diversification, favouring select states, say Union ministries on 2024-25 rabi crop pricing.Top of Form Synopsis: Ministries’ Concerns on MSP Proposal for Rabi Crops (2024-25): Import Dependence (Department of Food

Ministries flagged MSP concerns: Low returns to rising oil imports Read More »

ISRO’s New Year launch: Special space observatory, X-ray telescope

Syllabus: GS-III Subject: Science & Technology Topic: Achievements of Indians in science & technology; Context: ISRO launched its first X-ray Polarimeter Satellite (XPoSat) on New Year’s Day using the PSLV-C58 rocket. Synopsis: Mission Launch: Objective: XPoSat is a space-based observatory designed to study X-ray polarization from celestial bodies like black holes, neutron stars, and magnetars.

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