Economic capital framework for RBI

ECONOMIC CAPITAL FRAMEWORK FOR RBI For: Mains Topic covers: ECF for RBI, Jalan Committee, Committee’s mandate, Surplus cash with RBI News Flash The Bimal Jalan committee, which is looking into the size of capital reserves that the RBI should hold, will have one more meeting before finalizing its report. The six-member panel, under former RBI Governor Jalan, was appointed on December 26, 2018, to review the economic capital framework (ECF) for the Reserve…

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President’s Rule

PRESIDENT’S RULE For: Preliminary & Mains Topic covers: Article-356, Understand President’s and Governor’s Rule News Flash President’s rule in Jammu and Kashmir would be extended for six more months, beginning July 3. Based on the prevailing situation in the state as stated in the report of Governor of Jammu and Kashmir, the Union Cabinet has approved the extension of President’s Rule in Jammu and Kashmir for a further period of six months with…

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Child and Adolescent Labour

CHILD AND ADOLESCENT LABOUR For: Preliminary & Mains Topic covers: Child labour – Current status & findings, related laws News Flash An analysis of child labour cases in Kerala, by Childline, has thrown up a disturbing trend of persistent flouting of regulations governing the rights of adolescent labour. International Day Against Child Labour: 12 June Highlights The actual number of child labour cases has shown a marginal fall from 142 in 2017-18 to…

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Pollinators & Pollination

POLLINATORS & POLLINATION For: Preliminary Topic covers: Pollinators – their role, Flowers & Pollination, News Flash Researchers from the National Centre for Biological Sciences (NCBS), had co-published an international study on why pollinators prefer some flowers over others. Recent studies have pointed to an alarming decline in insect population. The scientists have teamed up with the Thomas Pausz Studio in an ‘art-as-science’ project with the aim of utilising art and design knowledge for…

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Sea Erosion

SEA EROSION For: Mains Topic covers: Coastal Erosion, – News Flash A major portion of the beach between Someshwara Rudrapade and Uchila looked as if it had been washed away. Hundreds of people living in the coastal Kerala at Aliyarpalli, Marakkadavu, Murinjazhi, Puthuponnani, Azhikkal, Veliyankode, Thannithura, Palappetty and Kappirikkad evacuated their houses following the threat of sea erosion. Coastal Erosion Coastal erosion (or shoreline retreat) is the loss of coastal lands due to…

Cesses and Taxes

CESSES AND TAXES For: Preliminary Topic covers: Details about Cesses and Taxes News Flash The State government and urban local bodies (ULBs) have been collecting various cess and taxes as part of renewal of registration or as property tax. However, most taxes and cesses collected remain underutilised. Understand Cess and Tax All revenue received by the government by way of taxes—like income tax, central excise, customs and other receipts are credited into…

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Cyclone Vayu

CYCLONE VAYU For: Mains Topic covers: Cyclone – related details, Effect on Monsoon, Who give name to a cyclone, Why naming in important News Flash Just over a month after the powerful cyclone Fani devastated large areas of Odisha, another cyclone is headed towards India, this time towards the Gujarat coast. Cyclone Vayu Cyclone Vayu, it is still to develop into a cyclone and is only a deep depression as of now.…

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The Three-Language Formula

THE THREE-LANGUAGE FORMULA For: Mains Topic covers: Three Languages at school level, Why Opposition, National Education Policy News Flash Recently, the Draft New Education Policy 2019 make mandatory teaching of Hindi in States where Hindi is not spoken. This was a reiteration of the Central government’s three-language formula, but it set off a storm in Tamil Nadu, which stoutly opposes any attempt to impose Hindi and adheres to a two-language formula. The draft…

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Acute Encephalitis Syndrome

ACUTE ENCEPHALITIS SYNDROME For: Preliminary Topic covers: AES – Causes, Symptoms, and Precautions News Flash At least 28 children have died in the last one month in Muzaffarpur district of north Bihar, allegedly due to Acute Encephalitis Syndrome (AES), which is locally known as Chamki bukhar (brain fever). Background Every year during summer time, especially in the season of luscious fruit litchi, AES outbreak gets reported and takes the lives of children in…

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Traffic Index 2018

TRAFFIC INDEX 2018 For: Preliminary Topic covers: Traffic Index, Findings News Flash A recent study has ranked Mumbai as the most traffic-congested city in the world for the second straight year, and Delhi at fourth place. This year index has added cities in India, Japan, Egypt, Colombia, Peru, Ukraine, Israel and Iceland for the first time. Globally, traffic congestion is rising. And that’s both good, and bad news. It’s good because it indicates…

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