Daily Current Affairs for UPSC 2023 Q) Which one of the following statements is not correct about Passive funds? It is an investment vehicle that tracks a market index. The return on these funds is usually low. Exchange-traded funds are a type of passive fund. Fund manager decides the type of securities provided under it. …
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Current Affairs 27th May 2023 for UPSC Prelims Exam Rice Fortification Context: The Union Ministry has recently reinstated that fortified rice which is being distributed through Public Distribution System is safe to consume. What is Fortified Rice? Fortification: Fortification is the addition of key vitamins and minerals such as iron, iodine, zinc, Vitamins A and …
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Context: The article is discussing the similarities between the law of sedition and other provisions that criminalize speech in different countries. It mentions the annulment of the offence of sedition in the Pakistan Penal Code by the Lahore High Court this year. While at the same time, it highlights the situation in India, where the …
GAUTHAN Introduction Gauthan is a unique initiative implemented in the state of Chhattisgarh, India, aimed at generating livelihood opportunities and fostering sustainable rural development. The project utilizes multi-activity centers called “Gauthans” as a means to empower local communities by integrating agriculture, livestock management, skill development, and entrepreneurship. Objectives Enhance agricultural productivity through modern farming techniques …
Context: In an ambitious bid to expand the poor insurance penetration in the country, the Insurance Regulatory and Development Authority (IRDA) is devising a new affordable bundled product to give citizens protection against multiple risks, and seeking to expedite claim settlements by linking death registries onto a common industry platform. More on the News If …
Challenges Faced by IPS Officers The Indian Police Service (IPS) is a highly esteemed and respected civil service in India. IPS officers are entrusted with the responsibility of maintaining law and order, ensuring public safety, and upholding justice in the country. While it is a rewarding career, it is not without its fair share of …
Context: The Union government instructed officials in Jammu & Kashmir to scale up efforts for “better utilisation of the country’s rights under the Indus Waters Treaty (IWT)” over the three rivers flowing through the Union Territory. Understanding Indus Water Treaty Indus Water Treaty: The Indus Waters Treaty (IWT) is a water-distribution treaty between India and Pakistan to use the water …
State Public Service Commission As per Government of India Act, 1935, a state public service commission had to be established at the provincial level. Later, the Indian Constitution granted it constitutional basis. The State Public Service Commission operates at the state level in parallel with the Union Public Service Commission at the centre. State Public …
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Marginal Standing Facility The Marginal Standing Facility (MSF) is a monetary policy tool used by central banks, particularly in India, to manage short-term liquidity in the banking system. The MSF was introduced by the Reserve Bank of India (RBI) in 2011 as part of its ongoing efforts to refine and enhance the liquidity adjustment facility …
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Statutory Liquidity Ratio The Statutory Liquidity Ratio (SLR) is a regulatory requirement imposed on commercial banks by the central bank or monetary authority of a country. It refers to the proportion of a bank’s net demand and time liabilities (NDTL) that it must maintain in the form of specified liquid assets such as cash, gold, …
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