Banking in India Part 1

Banking in India – Part 1

Banking in India – Part 1 Part 1 A Bank A bank is a financial institution that is licensed to accept deposits from and grant credit to people/legal entities. Apart from this, the banks also perform wealth management and currency exchange services so that the […]

Streamlining the PF & Pension scheme

Streamlining the PF & Pension scheme

  Time to streamline the Provident Fund pension scheme #GS-02 Governance, Social Security For Prelims EPFO Employees’ Provident Fund Organisation (EPFO) is a statutory body established under Employee Provident Fund and Miscellaneous Provision Act, 1952. Its aim is to provide social security to workers working […]

PIB Analysis 17-01-23

PIB Analysis 17-01-23

PIB Analysis 17-01-23 Digital financing against e-Negotiable Warehouse Receipts and way forward A conference on “Digital financing against e-Negotiable Warehouse Receipts and way forward” was held at NABARD Head Office in Mumbai. The purpose of the conference was to interact with bankers to increase post-harvest […]

Shukrayaan

Shukrayaan

Shukrayaan #GS-03 Science and Technology For Prelims Shukrayaan Shukrayaan is ISRO’s mission to Venus with an aim to study Venus’ atmosphere, which is toxic and corrosive in nature as clouds of sulfuric acid cover the planet. The orbiter, is expected to have a science payload […]

Jallikattu

Jallikattu – Part 2

Jallikattu – Part 2 #GS-01 Culture and Heritage For Prelims Jallikattu: Jallikattu is practised in the state of Tamil Nadu annually in the month of January as a part of Pongal celebrations on Mattu Pongal The sport is played in an open ground where a […]

Black Box: A Complete Guide

Black Box: A Complete Guide

Black Box #GS-03 Science and Technology For Prelims Black Box Officially called the Flight Data Recorder, the Black Box is an instrument which records all the activities in an aeroplane during its flight. An aeroplane generally contains two black boxes which are kept at the […]

Exports drop by 12.2% in 2022

Exports drop by 12.2% in 2022

Exports drop by 12.2% in 2022 #GS-03 External Sector For Prelims Trade Deficit: Trade deficit or negative balance of trade (BOT) is calculated as the difference between exports and imports when imports are higher than exports. The opposite of trade deficit is termed trade surplus […]