Syllabus: General Studies Paper 1
President of India inaugurated the Sant Kabir Academy and Research Centre Swadesh Darshan Yojana and paid tribute to the Bhakti saint, Kabir at Maghar (Uttar Pradesh)
Sant Kabir Das
Kabir’s critique of religion and caste:
Kabir’s legacy
Syllabus: General Studies Paper 3
The National Asset Reconstruction Company Ltd. (NARCL), set up to take over large bad loans of more than ₹500 crore from banks, will pick up the first set of such non-performing assets (NPAs) in July.
What is NARCL?
How is NARCL different from existing ARCs? How can it operate differently?
What is an Asset Reconstruction Company (ARC)?
It is a specialized financial institution that buys the Non-Performing Assets (NPAs) from banks and financial institutions so that they can clean up their balance sheets. This helps banks to concentrate on normal banking activities.
Legal Basis:
The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002 provides the legal basis for the setting up of ARCs in India.
Capital Needs for ARCs:
Need
The total stress in the banking system would be in excess of Rs 15 lakh crore. The banks burdened with stressed assets and limited capital will find it difficult to manage the NPAs. There is also limited capital that the government can provide. This is where the bad bank model would step in and help both the government and banks.
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Syllabus: General Studies Paper 2
Recently, the ruling party of India suspended its national spokesperson and expelled its Delhi spokesperson, following comments they had made about Islam and the Prophet
Why is the region important for India?
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Syllabus: General Studies Paper 2
June 6 marked the completion of 25 years since the 1997 Bangkok Declaration launched a grouping BIMSTEC
BIMSTEC
Institutional Mechanisms:
Key achievements
The Fault Lines
Way Ahead
In this Indo-Pacific century, BIMSTEC has the potential to play a pivotal role, deepening linkages between South Asia and Southeast Asia. It should accelerate the region’s economic development by collaborating with the newly minted Indo-Pacific Economic Framework for Prosperity (IPEF). New synergy should be created between BIMSTEC and the IPEF.
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Syllabus: General Studies Paper 3
India successfully tested the Intermediate-Range Ballistic Missile (IRBM) Agni-4, which met all parameters
Agni-IV
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Syllabus: General Studies Paper 3
Three Chinese astronauts docked at the country’s space station on Sunday.
About China’s Space Station:
Significance of the Space Station:
Comparing with the International Space Station:
The ISS programme is a joint project between five participating space agencies: NASA (United States), Roscosmos (Russia), JAXA (Japan), ESA (Europe), and CSA (Canada)
But the ISS is scheduled to be decommissioned after 2024 to leave place for the Lunar Gateway, a small outpost that will orbit the Moon. This is an international initiative part of the US-led Artemis Programme that again sees China excluded.
Concerns about Chinese monopoly?
Others planned Space Stations:
Syllabus: General Studies Paper 1
Telangana celebrated its 8th anniversary after becoming a separate state in 2014
Telangana rebellion
‘Operation Polo’
Linguistic Reorganisation
The ‘Mulki Rules’ agitation
Call for Telangana Statehood
The Telangana movement and KCR
Syllabus: General Studies Paper 3
Heavy Toxic Metal Pollution
Coastline erosion
Forest Cover
State of Environment Report 2022
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Syllabus: General Studies Paper 2
India needs to be cautious and have clarity on the U.S.-led Indo-Pacific Economic Framework for Prosperity
Areas of Concern
On IPRs
Import Tariffs
Labour Rights and the Environment and Climate Change
Data Portability
For India to Watch
Way Forward
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Syllabus: General Studies Paper 3
The Government of India is exploring the possibility of inviting manufacturers of Electric Vertical Takeoff and Landing (eVTOL) aircraft to set up base in India.
What is eVTOL?
Origin
What are the challenges?
Indian Scenario
The government of India has asked the market players to look into the Indian market.
Confederation of Indian Industry (CII) Taskforce for Urban Air Mobility has suggested regulatory authorities in India to look at:
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