SBI, ICICI, HDFC Bank to remain D-SIBs

The Reserve Bank of India (RBI) has announced that SBI, ICICI and HDFC Banks would continue as Domestic Systemically Important Banks (D-SIBs) for 2018. D-SIBs The recognition as Domestic Systemically Important Banks (D-SIBs) implies that banks are too big to fail. This creates an expectation of government support for them in times of financial distress. ..

Month: Current Affairs - March, 2019

Category: Economy & Banking Current Affairs

Topics: D-SIBs • Domestic Systemically Important Banks • HDFC Bank • ICICI Bank • RBI • Reserve Bank of India • SBI Bank • SIS • Systemic Importance Scores

Contempt Order against Shillong Times Editor, Publisher Put on Hold

The Supreme Court has put on hold the Meghalaya High Court’s judgment holding The Shillong Times editor Patricia Mukhim and publisher Shobha Chaudhuri guilty of contempt and fining them Rs 2 lakh each. What was the Case? The Shillong Times has published an article titled “When judges judge for themselves” in pursuant to a high ..

Month: Current Affairs - March, 2019

Category: Legal & Constitution Current Affairs

Topics: Article 215 • Articles 129 • Civil Contempt • CLAT • Contempt of Courts Act 1971 • Criminal Contempt • Meghalaya High Court • Supreme court

GI tag for Coffee Varieties

The Geographical Indications Registry has approved the Geographical Indication (GI) tag for coffee varieties viz. Coorg Arabica Coffee, Wayanad Robusta Coffee, Chikmagalur Arabica Coffee, Araku Valley Arabica Coffee and Bababudangiri Arabica Coffee. Coorg Arabica Coffee Kodagu district of Karnataka is famous for Coffee cultivation. The unique biotic and abiotic conditions provide uniqueness to the Coffee ..

Month: Current Affairs - March, 2019

Category: Economy & Banking Current Affairs

Topics: Araku Valley Arabica Coffee • Bababudangiri Arabica Coffee. • Chikmagalur Arabica Coffee • Coorg Arabica Coffee • Geographical indication • GI tag • Odisha • Wayanad Robusta Coffee

West Nile Virus

A seven-year-old in Kerala has been detected with the West Nile Virus. The central government has sent the team to the state and is monitoring the case closely. What is West Nile Virus? West Nile Virus is a viral infection which typically spread by mosquitoes and results in neurological disease as well as death in ..

Month: Current Affairs - March, 2019

Category: Science & Technology Current Affairs

Topics: Japanese encephalitis • Kerala • Mosquito • Nile Delta • West Nile Disease • West Nile virus • WHO • World Health Organisation

Special Olympics World Games Inaugurated at Abu Dhabi

The Special Olympics World Games 2019 was inaugurated at Abu Dhabi. The Special Olympics World Games 2019 is being hosted by the cities of Abu Dhabi and Dubai in the United Arab Emirates. For the first time, the Special Olympics is being held in the Middle East and North Africa region. The host UAE had ..

Month: Current Affairs - March, 2019

Category: Places in News Current Affairs • Sports Current Affairs

Topics: Abu Dhabi • Austria • Dubai • people of determination • Special Olympics • Special Olympics 2019 • Sweden • UAE • United Arab Emirates