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Financial System The concept of a financial system is integral to understanding how economies operate. It encompasses a broad array of components including instructions, actors, procedures, markets, transactions, claims, and liabilities that interact in complex ways to facilitate the flow of financial resources throughout an economy. The essence of finance itself involves the study of …
Read MoreRelevance: GS 1 – Role of women and women’s organization, population and associated issues, poverty and developmental issues, urbanization, their problems and their remedies Why in the News? Former Wrestling Federation of India chief Brij Bhushan Singh’s son secured a BJP ticket for Lok Sabha elections from Kaiserganj, Uttar Pradesh, maintaining the family’s power. This …
Read MoreWhy in the news? The news highlights the Supreme Court’s decision to halt new mining leases in the Aravalli ranges to maintain environmental balance. source:ResearchGate About the Supreme Court’s Directive The Supreme Court stopped the issuance of new mining leases and renewals in the Aravalli ranges based on a Forest Survey of India (FSI) report. …
Read MoreWhy in the news? China’s new aircraft carrier trial and its impact on regional naval strategies, especially in comparison to India’s plans. source:Daily Mail About China’s Aircraft Carrier Developments China’s third aircraft carrier, Fujian, successfully completed an eight-day maiden sea trial with electromagnetic catapults. Named after Fujian Province, the carrier is an 80,000-tonne supercarrier, making …
Read MoreWhy in the news? NGT probes Assam government’s response to illegal construction in wildlife sanctuary and reserve forest, demanding details of officials involved. source:worldmap About the NGT Inquiry into Violations: The National Green Tribunal (NGT) seeks Assam government’s response regarding construction in wildlife sanctuary and reserve forest areas. NGT demands details of officials permitting polling …
Read MoreWhy in the News? Population Foundation of India criticises media misrepresentation of EAC-PM data, clarifying declining Muslim growth rates and development factors. source:wordpress About the Concerns Raised by Population Foundation of India (PFI): The PFI expressed deep concern over media misrepresentations of data from the Economic Advisory Council to the Prime Minister’s (EAC-PM) working paper. …
Read MoreWhy in the news? Delhi HC orders NBCC to refund Rs 76 lakh+interest, pay Rs 5 lakh compensation to homebuyer for non-possession of flat. About Court Ruling and Compensation: The Delhi High Court directed the National Buildings Construction Corporation (NBCC) to refund a homebuyer over Rs 76 lakh with interest and pay Rs 5 lakh …
Read MoreWhy in the news? NITI Aayog reports significant gaps in cancer screening at Ayushman centres due to low awareness and inadequate training. source:scribd About the Challenges in Cancer Screening Implementation: NITI Aayog’s evaluation revealed low awareness and capacity issues as primary reasons for the gap. Training for Auxiliary Nurse and Midwives (ANMs) and medical staff …
Read MoreWhy in the news? India announces plans to build a new Antarctic research station, regulate tourism, and propose a diplomat as chair of Antarctic Treaty Meeting. source:researchgate About Expansion of Research Facilities: India to present plans for constructing a new research station in Antarctica at the 46th Antarctic Treaty Consultative Meeting (ATCM) in Kochi. Aim …
Read MoreSYLLABUS: GS 2 : Reservation India, Impact on various sections of society Focus: The article focuses on the ongoing political debate surrounding affirmative action and reservation policies in India, highlighting recent controversies, constitutional provisions, and Supreme Court rulings. It discusses the potential expansion of reservation caps and the inclusion of economically and socially backward groups …
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