Context: The Union government instructed officials in Jammu & Kashmir to scale up efforts for “better utilisation of the country’s rights under the Indus Waters Treaty (IWT)” over the three rivers flowing through the Union Territory. Understanding Indus Water Treaty Indus Water Treaty: The Indus Waters Treaty (IWT) is a water-distribution treaty between India and Pakistan to use the water …
State Public Service Commission As per Government of India Act, 1935, a state public service commission had to be established at the provincial level. Later, the Indian Constitution granted it constitutional basis. The State Public Service Commission operates at the state level in parallel with the Union Public Service Commission at the centre. State Public …
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Marginal Standing Facility The Marginal Standing Facility (MSF) is a monetary policy tool used by central banks, particularly in India, to manage short-term liquidity in the banking system. The MSF was introduced by the Reserve Bank of India (RBI) in 2011 as part of its ongoing efforts to refine and enhance the liquidity adjustment facility …
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Statutory Liquidity Ratio The Statutory Liquidity Ratio (SLR) is a regulatory requirement imposed on commercial banks by the central bank or monetary authority of a country. It refers to the proportion of a bank’s net demand and time liabilities (NDTL) that it must maintain in the form of specified liquid assets such as cash, gold, …
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Bank Rate Bank rate refers to the rate at which a central bank lends money to commercial banks or financial institutions within its jurisdiction. It is considered a benchmark rate for lending within the banking sector and serves as a tool for regulating liquidity and influencing interest rates in the economy. The bank rate is …
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The Hindu Newspaper Analysis for UPSC The Hindu Newspaper Analysis 26 May 2023 Do you consume “packaged or bottled water”? The Census wants to know. This will be one of the new questions in the next Census, which will also introduce “natural calamities” as a new option when asking about the factors responsible for migration …
डेली करंट अफेयर्स फॉर UPSC 2023 in Hindi प्रश्न हाल ही में समाचारों में देखा गया, ‘फोरम शॉपिंग‘ शब्द निम्नलिखित में से किस कथन से सबसे अच्छा संबंधित है? दूसरों पर एक बहुपक्षीय समूह चुनने का कार्य कपड़ा उद्योग में अस्थिर प्रथाओं का विकास दूसरों पर पर्यावरणीय चर्चा में एक विषय पर जोर अधिक अनुकूल …
Daily Current Affairs for UPSC 2023 Q) Recently seen in news, the term ‘Forum Shopping’ is best related to which one of the following statements? The act of choosing one multilateral group over others Development of unsustainable practices in textile industry The emphasis on one subject in environmental talk over others A strategy of litigants …
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Context: The article is discussing the pressure on India to revise its definition of unemployment to align with international standards. It highlights the decline in the reputation of India’s statistical system, citing instances such as the disavowal (rejection) of poverty data and a lack of investment in analytical capacity. The article mentions that India’s definition …
Current Affairs 26th May 2023 for UPSC Prelims Exam Ballistic Missiles Context: Iran has successfully tested a 2,000-km-range ballistic missile named Kheibar amid wider tensions over nuclear program. What are Ballistic Missiles? Ballistic missiles are powered initially by a rocket or series of rockets in stages but then follow an unpowered trajectory that arches upwards …
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