Current affairs

Current Affairs 6th Aug 2024 for UPSC Prelims Exam

Mudra Loans Context: The non-performing assets associated with Mudra loans given out by public sector banks have come down in the current financial year, Union Finance Minister Nirmala Sitharaman informed the Lok Sabha. About PM Mudra Yojna Launched in 2015, ...

Editorial of the day (6 Aug) : India-Africa partners in Food Security

Context: The 32nd International Conference of Agricultural Economists is being hosted by India in Delhi. More in News India last hosted this event in Mysore in 1958 with then-Prime Minister Jawaharlal Nehru. The conference traces its roots back to India,...

Strategies and Operations in Jammu and Kashmir to combat Terror Attack

Context: The Union Home Minister directed the security forces in Jammu & Kashmir (J&K) to replicate Kashmir Valley's successful security strategies in Jammu, focusing on area domination and a zero terror plan. More in News In the past five years,...

What is the ‘Yen Carry Trade’?

Japan's financial markets are abuzz following a significant development: the Japanese Yen's sharp appreciation against the US Dollar and other major currencies. This surge has placed the Yen carry trade under intense scrutiny. Know all about Yen Carry Trade in...

Bangladesh Liberation War 1971, Background, Causes, Outcome

The Bangladesh Liberation War of 1971 was a defining moment in South Asian history, marking the emergence of Bangladesh as an independent nation from the clutches of Pakistan. This article delves into the intricacies of the conflict, the key reasons...

Why Bangladesh Students Protesting Against Job Quotas?

Context: Recently, students protested against quotas for government jobs in Bangladesh. Bangladesh's top court scales back jobs quota after protests Reduction of Veterans' Quota: The Supreme Court has cut the quota for war veterans from 30% to 5%. Merit-Based Allocation:...

Current Affairs 5th Aug 2024 for UPSC Prelims Exam

Balancing Competition And Sustainability For India Context: To achieve its net-zero emissions pledge, India requires contributions from every economic sector towards adopting greener production methods. Background Markets have traditionally been driven by supply and demand, the increasing impact of climate...

Editorial of the Day (5th Aug): Income Inequality and Inclusive Growth

Context: Wealth disparity in India highlights ethical concerns. Wealth Inequality in India: Key Statistics Top 1% Wealth Share: Own 22.6% of income and 40.1% of wealth. Wealth Distribution: The top 1% holds an average wealth of ₹54 million, 40 times...

PPP- Build Operate Transfer (BOT) Model and Related Challenges

Context: The Union government has approved 8 national high-speed corridor projects at a cost of Rs 50,655 crore. More in News This initiative is expected to generate 4.42 crore man-days of direct and indirect employment. 4 of the 8 highways...

Sensex Falls Over 2,500 Points and Nifty Crashes

In a dramatic turn of events, the Indian stock market witnessed a significant downturn as both the Sensex and Nifty experienced sharp declines. The Sensex fell by over 2,500 points, closing at 78,636.37, while the Nifty50 dropped by 698.70 points...