Private Sector Banks in India, Functions, Advantages, Disadvantages

May 19, 2023

Private Sector Banks Private Sector Banks are financial institutions that are owned and operated by private individuals or corporations, rather than the government. These banks operate with the objective of making profits for their shareholders. Private Sector Banks play a significant role in the banking sector by offering a wide range of banking and financial …

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Public Sector Banks in India, Definition, Functions, Advantages, Disadvantages

May 19, 2023

Public Sector Banks Public Sector Banks are financial institutions that are owned and operated by the government. These banks play a significant role in the economy by providing banking services to individuals, businesses, and government entities. Public sector banks are responsible for mobilizing savings, facilitating credit, promoting financial inclusion, and supporting economic development. Read about: …

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डेली करंट अफेयर्स for UPSC – 18 May 2023

May 18, 2023

डेली करंट अफेयर्स फॉर UPSC 2023 in Hindi प्रश्न हाल ही में समाचारों में देखी गई, ‘टर्निंग ऑफ द टैप: हाउ द वर्ल्ड कैन एंड प्लास्टिक पॉल्यूशन एंड क्रिएट ए सर्कुलर इकोनॉमी‘ रिपोर्ट निम्नलिखित में से किस संगठन द्वारा जारी की गई थी? विश्व आर्थिक मंच विश्व प्रकृति संगठन संयुक्त राष्ट्र पर्यावरण कार्यक्रम जलवायु परिवर्तन …

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Daily Current Affairs for UPSC – 18 May 2023

May 18, 2023

Daily Current Affairs for UPSC 2023 Q) Recently seen in news, the ‘Turning off the Tap: How the world can end plastic pollution and create a circular economy’ report was released by which one of the following organizations? World Economic Forum World Nature Organization United Nations Environment Programme Intergovernmental Panel On Climate Change Daily Current …

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Central Vigilance Commission, Power, Members, Appointment & Function

May 18, 2023

Central Vigilance Commission In order to combat official corruption, the government established the Central Vigilance Commission in February 1964. It’s in the New Delhi area. A Central Vigilance Commissioner and a maximum of two additional Vigilance Commissioners make up the Commission. In June 2021, the President of India established the 18th Central Vigilance Commission, which …

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State Human Rights Commission, Meaning, Function, Power & Achievement

May 18, 2023

State Human Rights Commission A statutory body created under the Protection of Human Rights Act of 1993 is the State Human Rights Commission. Only those topics covered under the State List (List-II) and the Concurrent List (List-III) of the Constitution’s Seventh Schedule are subject to investigation by a State Human Rights Commission. In light of …

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Current Affairs 18th May 2023 for UPSC Prelims Exam

May 18, 2023

Current Affairs 18th May 2023 for UPSC Prelims Exam Pradhan Mantri Matsya Sampada Yojana Context: Seven major field studies are being carried by the National Productivity Council to facilitate deliverables under Pradhan Mantri Matsya Sampada Yojana (PMMSY). Pradhan Mantri Matsya Sampada Yojana (PMMSY) PMMSY: PMMSY is being implemented by the Department of Fisheries, Ministry of …

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Editorial of the Day: Two Judgments and the Principle of Accountability (The Hindu)

May 18, 2023

Context: The article discusses two recent judgements delivered by the Supreme Court of India. The first case dealt with the issue of control over civil services in the government of Delhi and the second case pertains to the formation of the current government in Maharashtra, which occurred after a split within the Shiv Sena party. …

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Case Study of the Day: Kerala: An Exemplary Story in Palliative Care

May 18, 2023

Kerala has emerged as a global leader in palliative care. Despite limited resources and a challenging healthcare landscape, Kerala has developed a comprehensive and community-based approach to palliative care that has transformed the lives of patients and their families. Introduction Kerala faces various challenges, including a high burden of chronic diseases, limited healthcare resources, and …

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Transitioning Away from LIBOR

May 18, 2023

Context: Recently, the Reserve Bank of India (RBI) has advised banks and other RBI-regulated entities to ensure complete transition away from the London Interbank Offered Rate (LIBOR) from July 1. What is LIBOR? LIBOR, stands for the London Interbank Offered Rate, is the benchmark interest rate at which major global banks lend to one another. It …

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