World Bank partners with First Resilient Kerala Program

The Government of India, Government of Kerala and World Bank recently signed a Loan Agreement of $250 Million for First Resilient Kerala Program which seeks to enhance State’s resilience against impacts of natural disasters and climate change. Background The 2018 ..

Month: Current Affairs - June, 2019

Rain Water Harvesting

The ongoing water crisis in Chennai has attracted immense all across the world with several prominent celebrities like Leonardo DiCaprio and Rajnikanth expressing their concern on this matter. Rajnikanth has suggested that this water crisis can be mitigated if adequate ..

Short Note – Death Penalty

In a United Nations General Assembly(UNGA) resolution aimed at examining options to end the trade in goods used for capital punishment and torture, India abstained from voting on it. India s position is that it is unacceptable to place the ..

One Nation, One Ration card

The Central government of India has given the all States and Union Territories a one-year deadline till June 30, 2020 for rolling out the one nation, one ration card system. What is this scheme? Under this system, the beneficiaries will ..

Short Note – Rare Diseases

A disease can be defined as a disorder in the structure/function of a living organism that is not the result of a past injury. What are rare diseases? Conventionally, a rare disease is one which affects only a small population ..

RBI permits ARC to buy financial assets from Peers

The Reserve Bank of India (RBI) has permitted Asset Reconstruction Companies (ARCs) to acquire financial assets from peers i.e. other such entities. However, RBI, the apex banking regulator cleared that all such transactions have to be settled in cash. Key ..

Month: Current Affairs - June, 2019