GS paper 3

Juvenile Justice Act, Recent Debates on Pune Porsche Accident

The primary legislation governing the trial of juveniles in India is the Juvenile Justice (Care and Protection of Children) Act, 2015, which was further amended in 2021. This law categorizes offenses into three types: petty, serious, and heinous. Heinous offenses...

Wholesale Price Index (WPI) 2024 Latest Data for Major Commodities

Wholesale Price Index Latest Data in 2024 The Wholesale Food Index rose at an eight-month high pace of 5.5% in April, compared to 4.65% in March. More In News Inflation surged to a 13-month high of 1.26% in April, up...

Index of Industrial Production 2024, Formula, Calculation, Importance

Index of Industrial Production 2024 India's industrial output growth slowed to 4.9% in March 2024, down from February's 5.6%. Mining Output Decline: Mining output growth decelerated to 1.2%, marking a 19-month low. Manufacturing Surge: Manufacturing, constituting 77.6% of the Index...

Central Board of Direct Taxes (CBDT), Functions, Structure

The Election Commission has directed the CBDT to verify any mismatch in the information provided in the affidavit filed by Union Minister and BJP candidate Rajeev Chandrasekhar as he contests from Thiruvananthapuram. CBDT Released key Direct Tax Statistics through Time-Series...

Non Performing Assets (NPA), Definition, Types, Examples

Context: Care Ratings forecasted that GNPAs are expected to be between 2.5-2.7% in FY24 and further improve to 2.1-2.4% by FY25 end. Important Facts Historical Trend: GNPAs significantly increased from 3.8% in FY14 to 11.2% in FY18 due to stricter...

Forex Reserve, Meaning, Importance, Components, Advantages

India's foreign exchange reserves have witnessed a remarkable surge, reaching an impressive $642.63 billion as of March 22, marking the fifth consecutive weekly increase. This surge, amounting to $140 million for the reporting week, comes as a significant boon amidst...

Inflation, Definition, Causes, Impacts, Inflation Rate in India

Context: RBI said core inflation is falling but food price fluctuations are affecting the RBI's monetary policy and their 4% target. Vegetable price drops during winter were minimal and temporary, with cereal, meat, and fish prices experiencing increases. What is...

Ocean Warming, Issues, Impact and Measures to be Taken

Context The Copernicus Climate Change Service (C3S) reported that February 2024 saw the highest-ever recorded average global sea surface temperature (SST) of 21.06°C, surpassing the previous record of 20.98°C set in August 2023. This unprecedented increase is part of a...

Reserve Bank of India (RBI), History, Function and Act

Reserve Bank of India The Reserve Bank of India (RBI) is India's central bank and a key financial institution responsible for maintaining monetary stability and ensuring the soundness of the country's financial system. Established in the mid-1930s, the RBI functions...

Kaziranga National Park, History, Species, Significance and Threats

Context: Prime Minister Modi takes ‘elephant and jeep safari’ at Kaziranga National Park in Assam. Kaziranga National Park Kaziranga National Park is a national park in the Golaghat and Nagaon districts of the state of Assam, India. It is one...