Economics: Point-Wise CA and GS Articles 2018 (Including PIB)- Download PDF

  • Jun 18, 2018
  • 1EPFO Launches New Facilities for UAN- Aadhaar Linking [ Policy-Governance, Eco. ]

    The Employees’ Provident Fund Organisation introduced a UAN-Aadhaar linking facility for members using EPFO Link in the UMANG mobile app. In addition to the existing web facility already available at EPFO’s website- it will provide convenience to UMANG Mobile App users.

    Image of Bank Account - Aadhaar Card Link

    Image of Bank Account - Aadhaar Card Link

    Image of Bank Account - Aadhaar Card Link

    … (484 more words) …

  • Jun 15, 2018
  • 1JNPT Rolls Out Direct Port Delivery Transport Solution [ Eco. ]

    Jawaharlal Nehru Port Trust (JNPT) is working on innovative transport solution to ensure seamless & faster cargo movement thru Direct Port Delivery (DPD). This will benefit 1600 importers.

    Chart of Cargo traffic at major ports (MMT)

    Chart of Cargo traffic at major ports (MMT)

    Chart of Cargo traffic at major ports (MMT)

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  • Jun 10, 2018
  • 1Expected Most Important Topics for UPSC - 2018 (Part - 24) [ Policy-Governance, Eco., Schemes & Proj., Bills ]

    FoSCoRIS – FSSAI launches online platform: To bring in transparency in food safety inspection and sampling, food regulator Food Safety and Standards Authority of India (FSSAI) has put in place a nationwide online platform called ‘FoSCoRIS’.

    • It has asked states to adopt this syst…

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  • 2Expected Most Important Topics for UPSC - 2018 (Part - 22) [ Policy-Governance, Eco., Schemes & Proj. ]

    Youth Parliament Scheme: Shri S. S. Ahluwalia distributes Prizes for the: 29th National Youth Parliament Competition, 2016 - 2017 for Kendriya Vidyalayas, 51st Youth Parliament Competition, 2016 - 17 for Delhi Schools.

    • Aims: At inculcating among younger generations the spirit o…

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  • Jun 8, 2018
  • 1National Clean Energy Fund (NCEF) from NRDWP & Ministry of Finance to Help with Potable Water [ Eco., Schemes & Proj. ]

    There are 365050 ST dominated habitations in country, out of that 301858 (82.69%) habitations are covered w/provision of safe drinking water supply & 53090 (14.54%) are partially covered.

    Image of Water Worries

    Image of Water Worries

    Image of Water Worries

    • Affected States with poor drinking water co…

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  • 2Linking of SWIFT to the Core Banking System [ Eco., Committees ]

    In Budget Speech 2018 - 19, Steering Committee on Fintech related issues was constituted to consider various issues relating to development of Fintech space in India. Terms of the Committee: Develop Fintech space to make Fintech related regulations more flexible

    Image of Multiple bank channels

    Image of Multiple bank channels

    Image of Multiple bank channels

    … (223 more words) …

  • Jun 5, 2018
  • 1 Rashtriya Rail Sanraksha Kosh (RRSK) (Important) [ Policy-Governance, Eco., Railways ]

    Ministry of Railway asks Finance Ministry to contribute its share towards Rashtriya Rail Sanraksha Kosh (RRSK). RRSK was created in 2017 - 18. Indian railways have utilized a quarter of the safety fund.

    Image of Rashtriya Rail Sanraksha Kosh Funding

    Image of Rashtriya Rail Sanraksha Kosh Funding

    Image of Rashtriya Rail Sanraksha Kosh Funding

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  • 2Rajasthan’S 1st Mega Food Park in Ajmer [ Policy-Governance, Eco., Agri. ]

    1st Greentech Mega Food Park will be inaugurated at Roopangarh village in Ajmer, Rajasthan. Park is being set up at coast of Rs. 113.57 cr. & will benefit around 25, 000 farmers in Ajmer.

    Map of Roopangarh village in Ajmer

    Map of Roopangarh village in Ajmer

    Map of Roopangarh village in Ajmer

    • Food Park is set …

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  • 3Promotion of Digital Transactions in Railways [ Eco., Railways ]

    Indian Railway Catering & Tourism Corporation (IRCTC) is subsidiary of Indian Railways. It handles catering, tourism & online ticketing operations of Indian Railways. Indian Railways have tied up w/SBI to install 10, 000 Points of Sale (POS) machines at diff. locations i. e. Pass…

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  • Jun 4, 2018
  • 1 Digital Initiative for Ease of Export- What is Export Inspection Council? (Important) [ Policy-Governance, Eco. ]

    Union Commerce & Industry & Civil Aviation launched Digital Initiative of Export Inspection Council (EIC) for ease export. EIC is official export certification body of GoI. It has launched major project of Digital India initiative in line w/changing dimensions of world.

    Image of Global Export Process

    Image of Global Export Process

    Image of Global Export Process

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  • 2 Tripartite MoU for Rooppur Nuclear Plant (Important) [ Eco., Int. Rel & Org. ]

    MoU was signed at Moscow, Russia b/w State Atomic Energy Corporation ‘Rosatom’, & Department of Atomic Energy on 1st March, 2018 in implementation of Rooppur Nuclear Power Project in Bangladesh.

    Image of rooppur nuclear power plant

    Image of rooppur nuclear power plant

    Image of rooppur nuclear power plant

    • MoU is…

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  • Jun 1, 2018
  • 1 What are the Norms for National Pension Scheme? (Important) [ Policy-Governance, Eco. ]

    National Pension Scheme is contributory pension system. NPS is mandatory for all Central Govt. employees. GoI has currently made 3 changes in NPS including withdrawal norms. The Pension Fund Regulatory Development Authority (PFRDA) relaxed the norms for partial withdrawal under t…

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  • 2 What is E-Way Bill and Clarity on Movement from SEZ/FTWZ? (Important) [ Policy-Governance, Eco. ]

    e-Way Bill is electronic way bill for movement of goods which can be generated on e-Way Bill Portal. It is electronically generated for the specific consignment of goods from one place to another. CGST Rules have been amended on Central Tax with effect from March 2018.

     Image of E-Way Bil

    Image of E-Way Bil

    Image of E-Way Bil

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  • 3Cool EMS Service B/W India & Japan [ Policy-Governance, Eco., Int. Rel & Org. ]

    Cool EMS Service is one-way service from Japan to India. This service allows customers in India to import Japanese food items for personal use allowed under Indian regulations. Food items will be post in special cool boxes containing refrigerant to preserve quality of food items.…

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  • 4Inauguration of Uttarakhand’S Second Mega Food Park [ Eco., Agri. ]

    The Food Park is being set up in Uttarakhand at cost of Rs. 99.96 cr. & it gives benefit nearly 25, 000 farmers. Himalayan Mega Food Park Pvt. Ltd. is being set up in 50.14 acres area. Park would have facilities for primary processing & storage near farms.

    Image of IInd Mega Food Park

    Image of IInd Mega Food Park

    Image of IInd Mega Food Park

    … (255 more words) …

  • 5Tripartite MoU for Rooppur Nuclear Plant [ Eco., Int. Rel & Org. ]

    MoU was signed at Moscow, Russia b/w State Atomic Energy Corporation ‘Rosatom’ & Department of Atomic Energy on 1st March, 2018 in implementation of Rooppur Nuclear Power Project in Bangladesh.

    Image of Rooppur Nuclear Plant

    Image of Rooppur Nuclear Plant

    Image of Rooppur Nuclear Plant

    • MoU is providing …

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  • May 31, 2018
  • 1Closure of India Development Foundation of Overseas Indians [ Eco. ]

    Closure of India Development Foundation of Overseas Indians (IDF-OI) was approved to enhance support in channelizing Diaspora’s contribution to GoI’s programmes like National Mission for clean Ganga & Swachh Bharat Mission.

    Image of India Development Foundation of Overseas Indians

    Image of India Development Foundation of Overseas Indians

    Image of India Development Foundation of Overseas Indians

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  • 2India-Korea Business Summit- 2018 [ Eco., Int. Rel & Org. ]

    Second India-Korea Business Summit was held in New Delhi under the theme “India-Korea: Scaling up the Special Strategic Relationship through Trade and Investments”. Summit aims to create open and action-oriented dialogue between top business leaders and the government officials f…

    … (310 more words) …

  • May 30, 2018
  • 1Expected Most Important Topics for UPSC - 2018 (Part - 16) [ Policy-Governance, Eco., Env., Schemes & Proj. ]

    Government released India Youth Development Index & Report 2017 - India has 65 % of the population less than the age of 35 years and 50 % below 25 years of age and it is expected to be youngest in the world by 2020 with median age of 29 years.

    • The National YDI value is 0.569 wit…

    … (1593 more words) …

  • 2Expected Most Important Topics for UPSC - 2018 (Part - 11) [ Policy-Governance, Eco., Int. Rel & Org. ]

    Indian China Standoff- Indo-Bhutan Ties - Standoff between Indian and Chinese troops in Doklam (located at the tri-junction of India, China and Bhutan) underlines India’s relationship with Bhutan, including military responsibilities.

    • June 2017: Chinese Army (People’s Liberation …

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  • 3Expected Most Important Topics for UPSC - 2018 (Part - 2) [ Eco., Env., Agri. ]

    Trade & Development report 2017 - Trade & Development report 2017 was recently released by United Nation Conference on Trade and Development (UNCTAD). The report pegs India’s rate at 6.7 % in 2017, down from 7 % in 2016.

    • In its recent report titled Beyond austerity towards a glo…

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  • 4Expected Most Important Misc Topics for UPSC/NET - 2018 (Part - 1) [ Sci-Tech, Eco., Int. Rel & Org., Health, Env. ]

    For NET Education and Environment topics are important.

    Coconut palm declared State tree of Goa - Facing criticism from the government’s allies in Goa for removing coconut palm from the list of trees, the BJP - led coalition Cabinet passed an amendment granting it the status of “…

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  • May 29, 2018
  • 1 Food Additives- Dangerous Chemicals in Food Products (Important) [ Policy-Governance, Eco. ]

    Food Safety & Standards Authority of India (FSSAI) under Ministry of Health & Family Welfare apprizes strict norms regarding standards of food products & additives to be used in food products to ensure safety of these products.

     Image of Food Additives

    Image of Food Additives

    Image of Food Additives

    … (611 more words) …

  • 2$84 Million Loan for Improvement and Expansion of Water Supply in the Bihar [ Policy-Governance, Eco. ]

    The Government of India and Asian Development Bank (ADB) signed a $84 million loan for improvement and expansion of water supply in Bhagalpur and Gaya town in Bihar. The Project will provide access to better quality and sustainable water supply, for the people of Bhagalpur and Ga…

    … (372 more words) …

  • May 24, 2018
  • 1CCEA Approves Methodology to Auction Commercial Coal Mines to Private Sector [ Policy-Governance, Eco., Computers ]

    The Cabinet Committee on Economic Affairs (CCEA) approved methodology for auction of coal to private sector under Coal Mines (Special Provisions) Act, 2015 and Mines and Minerals (Development and Regulation) Act, 1957. Opening of coal sector to commercial mining by private entiti…

    … (307 more words) …

  • May 23, 2018
  • 1NITI Aayog Budget Allocation Increased by More Than 20%- What are the Hubs in the NITI Aayog? [ Policy-Governance, Eco. ]

    According to the Ministry of State (IC) for Planning, allocations for the Ministry of Planning, which is embodied by the NITI Aayog, has been increased by more than 20 % over last year i. e. to Rs. 339.65 crore in 2018 - 19 from Rs. 279.79 crore in 2017 - 18.

    Image of Niti Aayog's Road Map

    Image of Niti Aayog’s Road Map

    Image of Niti Aayog’s Road Map

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  • May 15, 2018
  • 1‘Magnetic Maharashtra’ Convergence Summit 2018 [ Policy-Governance, Eco. ]

    Magnetic Maharashtra Convergence Summit 2018 is Maharashtra’s first Global Investors Summit. It is being regarded as one of the biggest such events, especially on the lines of the ‘Make In India’.

    Image of ‘Magnetic Maharashtra’ Convergence Summit 2018

    Image of ‘Magnetic Maharashtra’ Convergence Summit 2018

    Image of ‘Magnetic Maharashtra’ Convergence Summit 2018

    … (395 more words) …

  • May 11, 2018
  • 1📹 Expected Questions on Economics 2018 – Part 2 (Set - 3) [ Eco. ]

    👌 Subhash Chandra Garg Committee to regulate fintech sector - To look into the development and regulation of the financial technology (fintech) sector in India. It will be headed by Economic Affairs Secretary Subhash Garg.

    Loading video•••

    Expected Questions on Economics 201…

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  • 2📹 Expected Questions on Economics 2018 – Part 2 (Set - 2) [ Eco. ]

    👌 Export of Marine Food Products: Gujarat is the top producer, Andhra Pradesh is the second largest producer, In addition, Goa is the third largest producer, Among the union territories, Andaman and Nicobar and Dam and Diu are also important producers.

    Loading video•••

    Expe…

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  • 3📹 Expected Questions on Economics 2018 – Part 2 (Set - 1) [ Eco. ]

    Credit Lines Pact Signed by Five Banks of BRICS Nations - BRICS Interbank Cooperation Mechanism (ICM) Banks agreed to establish and cooperate on local currency credit lines. Allows 5 banks to extend credit lines in local currencies to: BRICS ICM members, BRICS companies against g…

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  • May 9, 2018
  • 1📹 Expected Questions on Economics 2018 – Part 1 (Set - 3) [ Eco. ]

    Government Steps to Boost Digital Transactions - Cabinet to give a shot in the arm to Digital India, Approved several steps like taking brunt of Merchant Discount Rate (MDR) on all debit card/BHIM UPI/AePS transactions up to a value of Rs. 2, 000 (small transactions).

    • Move encou…

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  • 2📹 Expected Questions on Economics 2018 – Part 1 (Set - 2) [ Eco. ]

    Aadhaar to be linked to driving licence - Union Minister for Electronics and Information Technology announced that the Union government would now link Aadhar with driving license. Why to link Aadhar? : To help check the menace of multiple licenses.

    • Considering Aadhaar as a safe …

    … (1651 more words) …

  • 3Important Topics for Economics - 2018 [ Eco. ]

    RBI’s Demonetization Data Report, Centre Set Up Panel to Suggest on New Jobs, Case of Bank’s independence in monetary policy making, Focus on ‘Impactful’ Smart City Projects: Centre, Need of labour reforms in India.

    •NITI Aayog’s report on ease of doing business in India

    •A trou…

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  • 4📹 Expected Questions on Economics 2018 – Part 1 (Set - 1) [ Eco. ]

    📝 RBI’s Demonetization Data Report - Almost all demonetized notes returned to the central bank. Banks received Rs. 15.28 lakh crore out of the total Rs. 15.4 4 lakh crore. Total currency in circulation is about Rs. 2 lakh crore short of the pre - demonetisation period.

    • Does not …

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  • May 3, 2018
  • 1National Financial Reporting Authority- New Regulator to Discipline Auditors [ CA Upd. ]

    As part of the government’s effort to strengthen oversight of the audit profession, the Union Cabinet established an independent regulator- National Financial Reporting Authority (NFRA), which can investigate both chartered accountants and their firms.

    Image of National Financial Reporting Authority

    Image of National Financial Reporting Authority

    Image of National Financial Reporting Authority

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  • Apr 26, 2018
  • 1 WCD Ministry Sets Up National Women Entrepreneurship Council (Important) [ Eco. ]

    The Ministry of Women and Child Development is planning National Women Entrepreneurship Council (NWEC) to promote women entrepreneurship. Umbrella organization for socio-economic gender parity, financial inclusion, and economic empowerment of women in India.

    • Give advice to gover…

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  • Apr 22, 2018
  • 1Amendments in Insolvency and Bankruptcy Board of India Regulations, 2017 [ Eco., Bills ]

    The Insolvency and Bankruptcy Board of India (IBBI) amended the Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017.

    Image of Amendments in Insolvency & Bankruptcy Board of India

    Image of Amendments in Insolvency & Bankruptcy Board of India

    Image of Amendments in Insolvency & Bankruptcy Board of India

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  • Apr 20, 2018
  • 1Sagarmala Pariyojana for Blue Economy: Truck Parking Terminal at Chidambaranar Port [ Eco., Schemes & Proj. ]

    The Union Minister for Road Transport and Highways, Shipping and Water Resources, River Development and Ganga Rejuvenation commissioned the container gantry cranes at Berth No. 8 (Dakshin Bharat Gateway Terminal) and inaugurated the Information Centre and Truck Parking Terminal a…

    … (546 more words) …

  • Apr 17, 2018
  • 1PFRDA Identifies 21 Banks as Makers of Excellence Under Atal Pension Yojana Outreach Programme [ Eco. ]

    21 banks were identified as Makers of Excellence under Atal Pension Yojna Outreach programme by Pension Fund Regulatory and Development Authority (PFRDA). Atal Pension Yojna aims to bring the economically disadvantaged section of the society in the unorganized sector within the p…

    … (517 more words) …

  • Apr 15, 2018
  • 1What are UAPAs and BAPAs? 5 UAPAs and 2 BAPAs Signed by CBDT in January, 2018 [ Policy-Governance, Eco. ]

    The Central Board of Direct Taxes (CBDT) entered into five Unilateral Advance Pricing Agreements (UAPA) and two Bilateral Advance Pricing Agreements (BAPA) during January 2018. The total number of Advance-Pricing Agreement (APAs) entered into by the CBDT is now 196.

    Image of Advance Pricing Agreement

    Image of Advance Pricing Agreement

    Image of Advance Pricing Agreement

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  • Apr 13, 2018
  • 1Revival of Five Urea Units: Decline in Urea Imports Save US$ 1.08 Million in April-December 2017 [ Eco., Agri. ]

    Ministry of State for Chemicals & Fertilizers imports urea on Government account to bridge the gap between estimated indigenous production and assessed demand in the country. The import during the year 2017 - 18 (Apr-Dec) was 49.83 Lakh MT as against the import of 49.88 Lakh MT i…

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  • 2Disinvestment of Government Enterprises: Cabinet Approves Sale of Government Stake [ Eco. ]

    Continuing with disinvestment the Union Cabinet approved the sale of its entire stake of 73.47 % in the 41-year-old Mini Ratna firm Dredging Corporation of India. for around Rs1, 400 - 1, 500. Government plans to raise Rs72, 500 crore through disinvestment in Central Public Secto…

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  • Apr 10, 2018
  • 1What are Floating Rate Bonds? Auction for Sale of Government of India Floating Rate Bonds 2024 [ Eco. ]

    The Government of India announced the sale (re-issue) of Government of India Floating Rate Bonds 2024 for a notified amount of Rs. 3000 crore (nominal) through price based auction and 7.17 % Government Stock, 2028 for a notified amount of Rs. 8, 000 crore (nominal) through price …

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  • Apr 9, 2018
  • 1What is a LoU? Based on PNB Fraud [ Eco. ]

    Second largest state-owned lender Punjab National Bank was the victim of the India’s largest bank fraud amounting to over Rs. 11, 000 crore done by Jeweller Nirav Modi and related entities.

    Image of Nirav modi And Fraud Case

    Image of Nirav modi And Fraud Case

    Image of Nirav modi And Fraud Case

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  • Apr 4, 2018
  • 1 Which NPA Schemes are Scrapped by RBI? RBI Orders Overhaul of Bank NPA Cleanup (Important) [ Eco. ]

    The Reserve Bank of India (RBI) announced overhaul of the stressed asset resolution framework by immediately withdrawing existing schemes and asking lenders to resolve defaults within 180 days.

    Image of NPA Schemes

    Image of NPA Schemes

    Image of NPA Schemes

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  • Apr 2, 2018
  • 1Simplified Proforma for Incorporating a Company Electronically [ Eco., Schemes & Proj. ]

    The Ministry of Corporate Affairs notified a new e-form called Simplified Proforma for Incorporating Company Electronically (SPICe) for providing speedy incorporation similar to international best practices.

    Image of process of register private limited company in india

    Image of process of register private limited company in india

    Image of process of register private limited company in india

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  • Apr 1, 2018
  • 1 What is Central Consumer Protection Authority? Provisions in Consumer Protection Bill (Important) [ Eco., Bills ]

    The Consumer Protection Bill, 2018 was introduced by the Minister of Consumer Affairs, Food, and Public Distribution on January 5, 2018 to replace the Consumer Protection Act, 1986. A Consumer Protection Bill was first introduced in 2015, but was withdrawn post the introduction o…

    … (528 more words) …

  • Mar 30, 2018
  • 1CRISIL, SIDBI Launch India’S First MSE Sentiment Index [ Eco. ]

    CriSidEx, India’s first sentiment index for micro and small enterprises (MSEs) developed jointly by ratings agency CRISIL and SIDBI (Small industries Development Bank of India) was launched.

    Image of First MSE Sentiment Index

    Image of First MSE Sentiment Index

    Image of First MSE Sentiment Index

    What is CriSidE…

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  • Mar 28, 2018
  • 1📹 Economic Survey 2018 - Vol. 2, Ch.8: Industry and Infrastructure [ Eco. ]

    Industry - Several industry specific reform initiatives taken by the Government since 2014 have significantly improved the overall business environment in the country. 📹 📝 Some of the reforms are

    • implementation of the Goods and Services Tax

    • Insolvency and Bankruptcy Code

    Load…

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