RBI’s New LCR Guidelines

Recently, the Reserve Bank of India (RBI) released the final guidelines for the Basel III Liquidity Coverage Ratio (LCR). These rules are more relaxed compared to the earlier draft shared in July 2024. New LCR rules will be effective from ..

Month: Current Affairs - April, 2025

Category: Economy & Banking Current Affairs

MAHASAGAR Initiative

India’s maritime strategy has evolved in recent years, particularly with the introduction of the Mutual and Holistic Advancement for Security and Growth for All in the Region (MAHASAGAR) initiative. This strategic framework aims to enhance regional maritime security and cooperation, ..

Month: Current Affairs - April, 2025

Category: Defence Current Affairs

Davis Strait Proto-Microcontinent

Recently, scientists from the UK and Sweden revealed geological discovery beneath the icy waters of the Davis Strait. This area, which separates Canada’s Baffin Island from Greenland, revealed a previously hidden landmass named the Davis Strait proto-microcontinent. This ancient crustal ..

Month: Current Affairs - April, 2025

Category: Science & Technology Current Affairs

EVolutionS Programme

The Department of Science and Technology (DST) in India has launched the ‘Electric Vehicle Solutions led by Startups (EVolutionS)’ programme. This initiative aims to boost the manufacturing of electric vehicle (EV) components within the country. The focus is on assisting ..

Month: Current Affairs - April, 2025

Category: Government Schemes Current Affairs

UPSC Current Affairs Quiz: April 22, 2025

1. Consider the following components of Marginal Cost of Funds-Based Lending Rate (MCLR): Marginal cost of funds Cash reserve ratio (CRR) requirement impact Operating costs Tenor premium Which of the above statements is / are correct components of MCLR? [A] ..

HKH Snow Update Report 2025

The HKH Snow Update Report 2025 was released by the Kathmandu-based International Centre for Integrated Mountain Development (ICIMOD). It revealed that all three major river basins in the Indian Subcontinent are witnessing highest declines in ‘snow persistence’. This decline threatens ..

Month: Current Affairs - April, 2025

Category: Environment Current Affairs

Daily Current Affairs Quiz: April 22, 2025

1. Which country is the host of Exercise Desert Flag-10? [A] Japan[B] United States[C] India[D] United Arab Emirates (UAE) Show Answer Correct Answer: D [United Arab Emirates (UAE)] Notes:The Indian Air Force (IAF) is taking part in Exercise Desert Flag-10 ..

New Exploration Licensing Policy

India’s oil and gas sector has seen a remarkable surge in investment, attracting over $36 billion. This growth has resulted in 177 hydrocarbon discoveries, as reported by the Petroleum Ministry. The catalyst for this investment boom was the New Exploration ..

Month: Current Affairs - April, 2025

Category: Economy & Banking Current Affairs

Hydrogen-Based Explosive Device

Recently, China successfully tested a hydrogen-based explosive device. This new weapon, developed by the China State Shipbuilding Corporation’s 705 Research Institute, has demonstrated capabilities that exceed traditional explosives. The device showcases the potential for non-nuclear military applications while aligning with ..

Month: Current Affairs - April, 2025

Category: Defence Current Affairs

GCC Countries Increase Wildlife Conservation Efforts

The Gulf Cooperation Council (GCC) has made strides in wildlife conservation. Recent statistics show a 6.6% increase in terrestrial reserves in 2023. This growth reflects a broader commitment to environmental sustainability across the region. About Gulf Cooperation Council Members: Saudi ..

Month: Current Affairs - April, 2025

Category: Environment Current Affairs