New Bad Bank Structure: The Union Cabinet approved the Rs 30,600 crore guarantee to back Security Receipts issued by National Asset Reconstruction Company Limited (NARCL) for acquiring stressed loan assets. The NARCL is a part of a new Bad bank structure that was announced in the Budget 2021. About the New Bad Bank Structure: For […]
Month: September 2021
AUKUS Alliance
AUKUS Alliance: The UK, US and Australia have announced a historic security pact in the Asia-Pacific, in what’s seen as an effort to counter China. It is called the AUKUS pact and AUKUS alliance. Under the AUKUS alliance, the three nations have agreed to enhance the development of joint capabilities and technology sharing, foster deeper […]
What Is Collective Security Treaty Organization?
What Is Collective Security Treaty Organization? The Collective Security Treaty Organisation (CSTO) is planning to hold large military drills in Tajikistan next month, amid what it described as a deteriorating situation in neighbouring Afghanistan. Tajikistan is the only country out of the six-member bloc led by Russia that shares a border with Afghanistan. Moscow has […]
Doing Business Rankings Discontinued: World Bank
World Bank Group Has Decided To Discontinue Publication Of Its ‘Doing Business’ Rankings Of country: The World Bank Group has decided to discontinue publication of its ‘Doing Business’ rankings of country business climates after a review of data irregularities in the 2018 and 2020 reports. In August 2020, World Bank paused the publication of Doing […]
National Financial Reporting Authority (NFRA): Standalone Legislation
National Financial Reporting Authority (NFRA): National Financial Reporting Authority (NFRA) Chairperson has pitched for a ‘standalone legislation’ for the regulator in the interests of autonomy. He also demanded that all necessary penal provisions relating to financial reporting should be consolidated and vested with it. Currently, the NFRA may take action against auditors for professional misconduct […]
Daily Current Affairs for UPSC IAS: 17th September 2021
Today Current Affairs: 17th September 2021 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
Connectivity Between India And Southeast Asia
Connectivity Between India And Southeast Asia: At the virtual ASEAN (Association of Southeast Asian Nations) summit on Future of India-ASEAN Connectivity Partnerships, the Indian government underlined the importance of cross-border connectivity between India and Southeast Asian nations. ASEAN brings together ten Southeast Asian states – Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand […]
Shoonya Campaign: NITI Aayog
Shoonya Campaign: NITI Aayog: NITI Aayog and Rocky Mountain Institute (RMI) and RMI India’s have launched the Shoonya Campaign. It is an initiative to promote zero-pollution delivery vehicles by working with consumers and industry. RMI is an independent nonprofit organization founded in 1982. Shoonya Campaign: Electric Deliveries: The campaign aims to accelerate adoption of Electric […]
Arsenic in Food Chain: Bihar
Food Chain Contamination: A recent study in Bihar has found Arsenic contamination not only in groundwater but in the food chain as well. The research study was a part of the Project Nature and Nurture in Arsenic Induced Toxicity of Bihar jointly funded by the British Council in the United Kingdom and Department of Science […]
World Ozone Day 2021
World Ozone Day: Every year, 16th September is observed as the International Day for the Preservation of the Ozone layer (World Ozone Day). After the Montreal Protocol on Substances that deplete the ozone layer signed by almost every country in 1987, the United Nation General Assembly, in 1994, proclaimed this day as the International Day […]
