4-Tier Structure for Regulation of NBFCs: The Reserve Bank of India (RBI) has proposed a tighter regulatory framework for Non-Banking Financial Companies (NBFCs) by creating a four-tier structure with a progressive increase in the intensity of regulation. It has also proposed the classification of Non-Performing Assets (NPAs) of base layer NBFCs from 180 days to […]
Category: Current Affairs
Environment Protection Act, 1986: Recent Development on its Scope
Environment Protection Act, 1986: The National Highways Authority of India (NHAI) in the Karnataka High Court claimed that the Environment Protection Act, 1986 was passed by Parliament not only for protection of environment but also at the instance of foreign powers. A writ petition filed by the NGO, United Conservation Movement, against a 2013 notification […]
Khelo India Youth Games : Four Indigenous Martial Art Forms Included
Khelo India Youth Games: Four indigenous martial art forms included in Khelo India Youth Games: The Khelo India Youth games were launched in 2018 as a multidisciplinary grassroots event for under-17 years and under-21 years. Conducted annually, the best performers are given an annual scholarship of ₹5 lakh for eight years to prepare for international […]
Recent Supreme Court decision on mercy petition of AG Perarivalan
Rajiv Gandhi Case Convict: Tamil Nadu Governor Banwarilal Purohit has told the Supreme Court that a decision on the mercy petition of AG Perarivalan- a convict serving a life sentence for the assassination of former Prime Minister Rajiv Gandhi, will be taken within four weeks. The petition has been pending with the Governor since December […]
WHO Funding Resumed by USA | Types of WHO Funding
WHO funding: The U.S. has resumed its funding for WHO as President Joe Biden shifts towards greater international cooperation in the fight against COVID-19. Last year, US President Donald Trump had put a hold on America’s funding to the World Health Organization, accusing it of becoming China-centric during the ongoing coronavirus pandemic. The US is […]
Taiwan’s de facto Ambassador to the U.S. invited to President Joe Biden’s Inauguration.
Taiwan’s de facto Ambassador to the U.S. was formally invited to President Joe Biden’s inauguration: Taipei’s Foreign Ministry said it was the first time in decades that a Taiwanese envoy had been “invited” by the inauguration committee. China- Taiwan relations: China has claimed Taiwan through its “one China” policy since the Chinese civil war forced […]
New Arctic Policy India – Nodal Body and Objectives
New Arctic Policy: India drafted a new Arctic policy that aims at expanding scientific research, sustainable tourism and exploration of mineral oil and gas in the Arctic region. About the Policy: Nodal Body: India has designated Goa-based National Centre for Polar and Ocean Research to lead scientific research and act as a nodal body to […]
What is Traffic Violation Premium?
Traffic Violation Premium: A Working Group set up by the Insurance Regulatory and Development Authority of India (IRDAI) for Traffic Management has recently proposed to add a “traffic violation premium” to the vehicle insurance policy. Previously in September 2019, the IRDAI constituted the Working Group to examine the establishment of a system of Linking Motor […]
Parakram Diwas, 23rd January: Netaji Subhash Chandra Bose Jayanti
Parakram Diwas: The central government has decided to observe Subhas Chandra Bose Jayanti as ‘Parakram Diwas’ to be celebrated on 23rd January. A high-level committee headed by the Prime Minister has also been formed to plan year-round programmes to mark the anniversary of Bose. Recently the Government of India has also instituted Subhash Chandra Bose […]
Not Many, But One – Poems of Sree Narayana Gurudev Launched
English translation of poems of Sree Narayana Gurudev: The Vice President of India has virtually launched “Not Many, But One”, an English translation of poems of Sree Narayana Gurudev. Who was Sree Narayana Gurudev Sree Narayana Guru was born on 22nd August, 1856 to Madan Asan and his wife Kuttiyamma in Chempazhanthy, a village near […]
