QUAD – Challenges Amidst The Crisis

QUAD – Challenges Amidst The Crisis   Context: Foreign Ministers of Australia, India and Japan and the Secretary of State of the United States met in Melbourne, Australia on February 2022, for the fourth Quad Foreign Ministers’ Meeting. In meeting, it was reaffirmed that the […]

RBI’s $5 Billion Dollar-Rupee Swap

RBI’s $5 billion dollar-rupee swap   Context: The Reserve Bank of India (RBI) on Tuesday conducted a $ 5 billion dollar-rupee swap auction as part of its liquidity management initiative, leading to infusion of dollars and sucking out of the rupee from the financial system. […]


STEM   Context: There has been a persistent issue of underrepresentation of women in STEM (Science, Technology, Engineering, and Mathematics) jobs despite calls for increasing their representation in the workforce. Battling the gender gap and stereotypes, more women are now pursuing and excelling in two […]


FATF Context: The global financial crime watchdog Financial Action Task Force (FATF) in its latest plenary meeting, decided to retain Pakistan on its terror financing ‘grey list’, asking the neighbouring country to expeditiously address the remaining deficiencies in its financial system.   About: An inter-governmental […]


123PAY Context: The Reserve Bank of India along with the National Payment Corporation of India launched UPI 123Pay on March 9, 2022. This is a service that allows those with feature phones to use UPI; it allows one to make payments without the internet Reserve […]