What Is Rice Fortification?
Context India’s pilot studies on rice fortification showed that nutritional anaemia could be reduced, with a significant drop in the prevalence of anaemia among schoolchildren, according to a United Nations report. Relevance: GS III- Indian Economy, Public distribution system Dimensions of the Article: What is rice fortification? Need of rice fortification What are the standards […]
Decreasing Yield on Government Securities
Context: The yield on the benchmark 10-year government security (G-sec) in India has experienced a decline, prompting retail investors to reassess their investment strategies. Relevance: GS III: Indian Economy Dimensions of the Article: Factors Influencing the Decline in G-sec Yield The yield on the benchmark 10-year government security (G-sec) has experienced a decline, with various […]
IRDAI’s Vision: Insurance for All By 2047
Context: The Insurance Regulatory and Development Authority of India (IRDAI), as part of its Vision Insurance for all’ by 2047, has allotted states and union territories to every insurer to increase insurance penetration in India. Relevance: GS III: Indian Economy Dimensions of the Article: About Insurance Regulatory and Development Authority of India: IRDAI Vision 2047 […]
RBI Becomes Net Seller of USD in FY23
Context: In the fiscal year 2022-23, the Reserve Bank of India (RBI) experienced a notable change in its foreign exchange dealings. After acting as a net purchaser of the US dollar for three consecutive years, the RBI transitioned into a net seller, with a sale of 25.52 billion USD in the spot market. Relevance: GS […]
RBI to Withdraw Rs 2,000 Notes from Circulation
Context: Recently, the Reserve Bank of India (RBI) announced that it will withdraw the Rs 2000 denomination banknotes from circulation. Relevance: GS III: Indian Economy Dimensions of the Article: Details: RBI’s Clean Note Policy: Objective: Definition of ‘Soiled Note’: Withdrawal of Pre-2005 Banknotes: Alignment with International Practices: Reasons for RBI’s Withdrawal of 2000 Rupees Notes: […]
About The Greenwashing TechSprint
Context: The Reserve Bank of India (RBI) will be among 13 international regulators taking part in the Global Financial Innovation Network’s (GFIN) first-ever Greenwashing TechSprint. Relevance: GS III: Indian Economy Dimensions of the Article: Greenwashing TechSprint: Organizers: Objective: Duration: Purpose: What Is Greenwashing? Examples of Greenwashing Effects of greenwashing About Global Financial Innovation Network (GFIN) […]
RBI Regulations On Green Deposits
Context: Reserve Bank of India (RBI) came up with a regulatory framework for banks to accept green deposits from customers. Under the new framework, banks that accept green deposits will have to disclose more information on how they invest these deposits. Relevance: GS III: Indian Economy Dimensions of the Article: What are green deposits? Regulatory […]
Decarbonizing the Steel Industry Will Pay Rewards
Context Relevance: GS Paper-3: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment Mains Question Explain the various actions that can be taken to facilitate the decarbonization of the steel industry in India. (150 Words) Decarbonization. Importance: Challenges Several steps can be taken to facilitate the decarbonization of the Indian steel […]
C-PACE (Centre for Processing Accelerated Corporate Exit)
Context: The Ministry of Corporate Affairs (MCA) recently established C-PACE, or Centre for Processing Accelerated Corporate Exit, to bring efficiency into the strike off process of companies. Relevance: GS III: Indian Economy Dimensions of the Article: About C-PACE (Centre for Processing Accelerated Corporate Exit): Objectives and Benefits: New Rules and Impact: -Source: Economic Times
About The LIBOR
Context: Recently, the RBI stated that some banks and financial institutions were yet to facilitate an absolute transition away from the London Interbank Offered Rate (LIBOR) benchmark. Relevance: GS III: Indian Economy Dimensions of the Article: About LIBOR Applications and Significance: Impact on consumer lending: Indicator of financial system health: Controversies Surrounding LIBOR: Integrity and […]