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

  • Jun 28, 2018
  • 1 EPFO ने देश की व्यू (राय) पेंशन (सेवानिवृत्त वेतन) पासबुक सेवा - (Part- 2) [ Eco., Int. Rel & Org., Health, Defense ]

    EPFO ने देश की व्यू (राय) पेंशन (सेवानिवृत्त वेतन) पासबुक सेवा- ई. पी. एफ. ओ. ने ’उमंग ऐप’ के माध्यम से पेंशन भोगियों के लिए ’व्यू पेंशन पासबुक’ सेवा शुरू की। ’व्यू पासबुक’ विकल्प पर क्लिक करने पर पेंशनभोगियों को पी. पी. ओ. संख्या और जन्मतिथि की जानकारी दाखिल करने की आवश्यकता

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  • 2 मार्च में कोर क्षेत्र का विकास 4.1 प्रतिशत तक लुढ़का (Part - 1) [ Policy-Governance, Eco., Int. Rel & Org. ]

    मार्च में कोर क्षेत्र का विकास 4.1 प्रतिशत तक लुढ़का - कोयले, कच्चे तेल और प्राकृतिक गैस सहित छह क्षेत्रों में कम विकास के कारण मार्च में आठ प्रमुख क्षेत्रों का वृद्धि दर तीन महीने के निम्नतम स्तर 4.1 पर पहुंच गया है। अन्य क्षेत्र जिनमें विकास दर धीमी थी, वे रिफाइनरी उत्पाद, इस्

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  • 3 One Time Settlement of NPAs [ Eco. ]

    As per instructions of Reserve Bank of India (RBI), banks are required to have a loan recover policy, which may cover, inter alia, negotiated settlements of NPAs. In accordance with above directions banks have filed applications in respect of these accounts before the National Co

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  • Jun 27, 2018
  • 1 CCEA Approves Continuation of Credit Guarantee Fund Scheme for Education Loans [ Eco., Schemes & Proj. ]

    The Cabinet Committee on Economic Affairs (CCEA) approved continuation of the Credit Guarantee Fund Scheme for Education Loans. The approval would provide education loans to 10 lakh students during the above said period.

    Image of Expenses Covered By Education Loans

    Image of Expenses Covered By Education Loans

    Image of Expenses Covered By Education Loans

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  • Jun 26, 2018
  • 1 Biggest Solar Power Plant in Uttar Pradesh [ Eco., Env., Schemes & Proj. ]

    Biggest Solar Power Plant has been set up in Uttar Pradesh through transparent auction under the Solar Park scheme of New and Renewable Energy Ministry. Viability Gap Funding (VGF) of Rs. 74.25 lakh per MW was provided by the Government of India for the project.

    Map of solar power plant in uttar pradesh

    Map of Solar Power Plant in Uttar Pradesh

    Map of solar power plant in uttar pradesh

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  • 2 Tea Board: India’S Tea Exports Have Touched a Record High in 36 Years [ Eco. ]

    India’s Tea Exports Have Touched a Record High in 36 years at 240.7 million kilograms during calendar 2017, Tea Board data said. The previous record was in 1981 when exports had reached 241.25 million kilograms.

    Image of Record Indian Tea Export In 36 Years

    Image of Record Indian Tea Export In 36 Years

    Image of Record Indian Tea Export In 36 Years

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  • Jun 25, 2018
  • 1 Insolvency & Bankruptcy Board of India & RBI Ink an MoU for Effective Implementation [ Eco., Bills ]

    The Insolvency and Bankruptcy Board of India (IBBI) signed Memorandum of Understanding (MoU) with Reserve Bank of India (RBI) for increased cooperation in effective implementation of insolvency law. The MoU was singed at time when authorities are working on ways to address huge a

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  • 2 Government Issues Clarification on Gold Imports Scheme [ Eco., Schemes & Proj. ]

    Government of India had clarified that abolition of 80: 20 scheme eliminated undue advantage to Premier Trading Houses (PTHs) / and Star Trading Houses (STHs) and import of gold was also reduced.

    Image of Bridging Trade Deficit Gap

    Image of Bridging Trade Deficit Gap

    Image of Bridging Trade Deficit Gap

    80: 20

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  • Jun 22, 2018
  • 1 IREDA, EIB Ink 150mn-Euro Loan Agreement for Renewable Energy [ Eco., Int. Rel & Org., Env. ]

    Indian Renewable Energy Development Agency (IREDA) and European Investment Bank (EIB) inked a 150 million euros loan agreement, a move that will benefit over 1.1 million households with clean energy.

    IREDA, EIB Ink 150mn-Euro Loan Agreement for Renewable Energy

    IREDA, EIB Ink 150mn-Euro Loan Agreement for Renewable Energy

    IREDA, EIB Ink 150mn-Euro Loan Agreement for Renewable Energy

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  • 2 Basel III Capital Regulations: What are Basel I and Basel II Regulations? [ Eco. ]

    Reserve Bank of India (RBI) has implemented ‘Basel III capital regulations’ in India in phases, targeting full implementation by March 31, 2019. Norms/guidelines regarding capital required to be maintained by banks in India including the Basel III capital regulations, are issued

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  • Jun 21, 2018
  • 1 🌟 Amendments to the Insolvency & Bankruptcy Board of India Regulations, 2016 (Important) [ Eco., Bills ]

    Insolvency & Bankruptcy Board of India (IBBI) has evolved transparent & consultative process for making regulations. IBBI effectively engages stakeholders in regulation making process to factor in ground reality, secure ownership of regulations & make regulations robust & precise

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  • Jun 18, 2018
  • 1 EPFO 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

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  • Jun 15, 2018
  • 1 JNPT 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
  • 1 Expected 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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  • 2 Expected 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
  • 1 National 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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  • 2 Linking of SWIFT to the Core Banking System [ Eco., Committees & Bodies ]

    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

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  • 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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  • 2 Rajasthan’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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  • 3 Promotion 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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  • 3 Cool 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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  • 4 Inauguration 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

    … (256 more words) …

  • 5 Tripartite 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
  • 1 Closure 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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  • 2 India-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

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  • May 30, 2018
  • 1 Expected 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

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