GS paper 3

Structure of Indian Financial System, Components, Functions

The Indian financial system is a complex network of financial institutions, markets, instruments, and services that facilitate the flow of funds between savers and investors. It comprises various entities such as banks, non-banking financial companies (NBFCs), insurance companies, stock exchanges,...

Lists of Wildlife Sanctuaries of India Names and Importance

A place where animal habitats and their surroundings are shielded from any kind of interference is known as a wildlife sanctuary. Animal trapping, killing, and poaching are outright forbidden in some areas. They want to provide the animals a comfortable...

Non Performing Assets (NPA), Definition, Types, Examples

Context: Care Ratings forecasted that GNPAs are expected to be between 2.5-2.7% in FY24 and further improve to 2.1-2.4% by FY25 end. Important Facts Historical Trend: GNPAs significantly increased from 3.8% in FY14 to 11.2% in FY18 due to stricter...

Forex Reserve, Meaning, Importance, Components, Advantages

India's foreign exchange reserves have witnessed a remarkable surge, reaching an impressive $642.63 billion as of March 22, marking the fifth consecutive weekly increase. This surge, amounting to $140 million for the reporting week, comes as a significant boon amidst...

ISRO Chairman List From 1963 to 2024, Get Complete Details

One of the top space research organisations in the world is ISRO. Current ISRO Chairman is S. Somanath and his full name is Sreedhara Panicker Somanath. The ISRO Chairman List and other significant information will be covered in this blog....

Inflation, Definition, Causes, Impacts, Inflation Rate in India

Context: RBI said core inflation is falling but food price fluctuations are affecting the RBI's monetary policy and their 4% target. Vegetable price drops during winter were minimal and temporary, with cereal, meat, and fish prices experiencing increases. What is...

Ocean Warming, Issues, Impact and Measures to be Taken

Context The Copernicus Climate Change Service (C3S) reported that February 2024 saw the highest-ever recorded average global sea surface temperature (SST) of 21.06°C, surpassing the previous record of 20.98°C set in August 2023. This unprecedented increase is part of a...

Reserve Bank of India (RBI), History, Function and Act

Reserve Bank of India The Reserve Bank of India (RBI) is India's central bank and a key financial institution responsible for maintaining monetary stability and ensuring the soundness of the country's financial system. Established in the mid-1930s, the RBI functions...

Foreign Portfolio Investment (FPI), Benefits, Challenges

Context: Foreign Portfolio Investors (FPIs) invested over 5000 crore into the Indian stock market in March 2024. Foreign Portfolio Investment (FPI) Foreign Portfolio Investment (FPI) plays a significant role in today's globalized financial landscape, with capital flowing across borders and...

Kaziranga National Park, History, Species, Significance and Threats

Context: Prime Minister Modi takes ‘elephant and jeep safari’ at Kaziranga National Park in Assam. Kaziranga National Park Kaziranga National Park is a national park in the Golaghat and Nagaon districts of the state of Assam, India. It is one...