Economics: Point-Wise Current-Affairs/GS Articles 2018 (Including PIB)- Download PDF

  • May 30, 2018
  • 1 Expected 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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  • 2 Expected 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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  • 3 Expected 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

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  • 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

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  • May 24, 2018
  • 1 CCEA 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

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  • May 23, 2018
  • 1 NITI 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

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  • 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.

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    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.

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    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

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  • 3 Important 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
  • 1 National 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
  • 1 Amendments 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
  • 1 Sagarmala 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

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  • Apr 17, 2018
  • 1 PFRDA 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

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  • Apr 15, 2018
  • 1 What 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
  • 1 Revival 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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  • 2 Disinvestment 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
  • 1 What 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
  • 1 What 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

    How Did the Frau

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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

    Key Points in RBI Feb 2018 Order

    • Warne

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  • Apr 2, 2018
  • 1 Simplified 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

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  • Mar 30, 2018
  • 1 CRISIL, 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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