Mains Paper 3: Economy Prelims level: Credit default swap market Mains level: New draft frameworks banking sector Context: • Two important draft frameworks put out by RBI, on securitisation of standard assets and on sale of loans, are quite path-breaking…
Mains Paper 2: International Prelims level: South China Sea Mains level: South China Sea situation plays out will be critical for our security and well-being Context: • The Singapore Prime Minister Lee Hsien Loong’s perceptive essay in the latest issue…
Mains Paper 2: Governance Prelims level: National Policy on Biofuels Mains level: Imperative to food security and food price stability for the welfare of the vulnerable sections of the society Context: • In the middle of the COVID-19 pandemic and…
Mains Paper 3: Science and Tech Prelims level: ISRO Mains level: FDI in space sector Context: • On May 16, finance minister announced that, as part of the stimulus package, the government would welcome involvement of private sector players in…
• The International Day of Family Remittances (IDFR) is a universally-recognized observance adopted by the United Nations General Assembly and celebrated every year on 16 June. This year the theme is “Remittances are a lifeline.” The day recognizes the contribution…
• The International Day of Family Remittances (IDFR) 2020 is being observed on 16 June under the theme “Remittances are a lifeline.” About: • The International Day of Family Remittances (IDFR) is a universally-recognized observance adopted by the United Nations…
• According to the Centers for Disease Control and Prevention (CDC), there are six stages of vaccine development: exploratory, pre-clinical, clinical development, regulatory review and approval, manufacturing and quality control. About: • This research-intensive phase of the vaccine development process…
• The current recession staring at India is different from previous recessions as it comes with a fresh set of challenges. About: • Recession is generally defined as a fall in the overall economic activity for two consecutive quarters (six…
• NASA Scientists have observed the “fifth state of matter” in space aboard the International Space Station (ISS) for the first time, offering insight that could help solve some of the quantum universe’s most intractable conundrums. About: • Bose-Einstein condensates…
• The Indian Ocean Commission (IOC) is an intergovernmental body created in 1984 that coordinates maritime governance in the south-western Indian Ocean. Key highlights: • After joining the Indian Ocean Commission as Observer, India is looking to post Navy Liaison…
• Researchers have unearthed teeth in Patagonia belonging to a mammal called Magallanodon baikashkenke that lived 74 million years ago, the oldest such remains yet discovered in the South American country. Magallanodon baikashkenke • The small mammal would have lived…
• India’s foreign-exchange reserves are at a record and approaching the $500 billion mark, • India’s foreign exchange reserves crossed the half-a-trillion mark for the first time after it surged by a massive USD 8.22 billion in the week ended…