In the evolving landscape of banking in India, ATMs play a crucial role in providing convenience and accessibility to customers. Various types of ATMs have emerged to meet specific financial needs and regulatory requirements. Here’s a comprehensive look at the different types of ATMs in India: White Label ATMs (WLAs) White Label ATMs are operated […]
White Revolution in India its Objectives, Phases and Achievements | UPSC – IAS Operation Flood is the program that led to “The White Revolution.“ White revolution is associated with the package programme adopted to increase the production of milk is known as White Revolution in India. Behind Amul products lies a successful history of cooperative dairy
Other Service Providers (OSP) | UPSC – IAS Recently Department of Telecom eased rules for other service providers (OSP) in the business process outsourcing (BPO) and information technology-enabled services (ITes). Who are OSPs or other service providers are:– OSPs refer to firms providing services like voice based and data based outsourcing and other services popularly
India’s development in the fields of science and technology Science and technology are widely acknowledged to be essential components of social and economic development. Scientific knowledge and new technologies can help tackle many of the problems that affect countries. Some of the global challenges science and technology could solve are as follows:- Providing Safe drinking-water
NPA in India and its impact on Indian Economy | UPSC – IAS According to Reserve Bank of India (RBI) explains the definition of NPAs, “An asset makes non-performing when it stops to generate income for the bank.” According to the Reserve Bank of India (RBI), the gross non-performing assets in Indian banks, specifically in
Smart Cities Mission its Features and Challenges | UPSC – IAS Smart Cities Mission, is an urban renewal and retrofitting program by the Government of India with the mission to develop 100 cities across the country making them citizen friendly and sustainable. The Union Ministry of Urban Development is responsible for implementing the mission in
One Nation One Ration Card scheme | UPSC – IAS The Government of India is working on a plan to start “One Nation One Ration Card” scheme for the beneficiaries, mainly migrant workers, to access the Public Distribution System from any PDS shop across the nation. The Union Minister of Consumer Affairs, Food and Public
World Population Projections 2019 Report published by UN | UPSC – IAS World population – The report projects the world population to reach some 9.7 billion by 2050. However, it says that the overall growth rate will continue to fall. The next 30 years will see the population add 2 billion people to today’s 7.7 billion.
Belt and Road Initiative BRI Project | UPSC – IAS The Belt and Road Initiative is a global development strategy adopted by the Chinese government involving infrastructure development and investments in 152 countries and international organizations in Asia, Europe, Africa, the Middle East, and the Americas. “Belt” refers to the overland routes for road and rail transportation, called “the Silk Road
About Param Shivay Supercomputer Param Shivay the first super computer designed & built under the National Supercomputing Mission by C-DAC (Center for Development of Advanced Computing) at IIT-BHU (Varanasi). Although India’s first supercomputer called PARAM 8000 was launched in 1991 was built by CDAC.. Param Shivay Supercomputer Specification Param Shivay Supercomputer will Include the following specifications:- 833
What is National Clean Air Programme (NCAP) ? | UPSC – IAS It is a pollution control initiative to cut the concentration of particles (PM10 & PM2.5) by 20-30% by 2024. It will have 2017 as the base year for comparison and 2019 as the first year. It is to be implemented in 102 non-attainment
Natural Gas Hydrates in India | UPSC – IAS | Science and Tech Researchers at Indian Institute of Technology (IIT) Madras have experimentally shown that methane and carbon dioxide (CO2) can exist as gas hydrates. What are Gas hydrates? | UPSC – IAS | PCS They are formed when a gas such as methane gets trapped
Current Status of Tribal Education in India| UPSC – IAS | PCS Low Literacy Level: According to census 2011 literacy rate for STs is 59% compared to national average of 73%. Interstate disparity: Wide Interstate disparity exists across the states e.g. in Mizoram and Lakshadweep STs literacy is more than 91% whereas in Andhra Pradesh
Why in news ? Recently Minister of State for Chemicals & Fertilizers informed that Petroleum, Chemicals and Petrochemical Investment Regions (PCPIRs) in India has registered good progress in attracting Investments for Industrial Development and generating employment What is PCPIR ? (UPSC – IAS) Petroleum, chemicals and Petrochemicals investment regions (PCPIR) is based on cluster-based development
Blue Economy and its Components | UPSC – IAS As per the World Bank, Blue Economy is the sustainable use of ocean resources for economic growth, improved livelihoods, and jobs while preserving the health of ocean ecosystem. It covers several sectors linked directly or indirectly to the oceans such as – Fishing, minerals, shipping and
Credit rating agencies in India The Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999 empower SEBI to regulate CRAs operating in India. All the credit agencies need to be registered with SEBI in order to operate in India. There are seven Credit Rating Agencies registered with SEBI, viz. CRISIL, ICRA, CARE, India
Basel norms & Capital Adequacy Ratio | UPSC – IAS Capital Adequacy Ratio is also known as Capital to Risk Assets Ratio, is the ratio of a bank’s capital to its risk. National regulators track a bank’s CAR to ensure that it can absorb a reasonable amount of loss and complies with statutory Capital requirements.
Capital Conservation Buffer & Basel 3 | RBI | UPSC – IAS The capital conservation buffer (CCoB) is a capital buffer of 2.5% of a bank’s total exposures that needs to be met with an additional amount of Common Equity Tier 1 capital. The buffer sits on top of the 4.5% minimum requirement for Common Equity Tier 1 capital. Its objective is
Partial Credit Enhancement – NBFCs Bonds | UPSC – IAS The RBI recently allowed banks to provide partial credit enhancement (PCE) to bonds issued by systemically important non-deposit taking NBFCs registered with the RBI and Housing Finance Companies (HFCs) registered with the National Housing Bank. Provide partial credit enhancement or Credit enhancement means improving the
