CURRENT AFFAIRS

• IAS NEXT, Lucknow
• 08, Jan 2022

Reference News:-Reserve Bank of India has released its list of Domestic Systemically Important Banks (D-SIBs) in 2021.It has identified the state-owned lender State Bank Of India and the private lenders ICICI Bank and HDFC Bank as systemically important banks, which

• Vaid's ICS, Lucknow
• 07, Jan 2022

Why in News?A K-shaped recovery occurs when, following a recession, different parts of the economy recover at different rates, times, or magnitudes.This is in contrast to an even, uniform recovery across sectors, industries, or groups of people.A 

• IAS NEXT, Lucknow
• 05, Jan 2022

Context:Just a day ahead of the 46th meeting of the GST Council on December 31, the Finance Ministers of several States had a pre-Budget interaction with the Union Finance Minister and demanded that the GST compensation scheme be extended beyond June 2022, when it is set t

• IAS NEXT, Lucknow
• 05, Jan 2022

What is the issue?With large inequalities and rising concern that technology could widen these inequalities and change the nature of work, universal basic income (UBI) has come under more serious consideration.What is UBI?A universal basic income (UBI) is an uncondit

• IAS NEXT, Lucknow
• 03, Jan 2022

Reference News:The RCEP will come into effect on January 1, 2022, marking the formation of the world’s largest free trade zone in terms of trade volume.What is RCEP?It is a trade deal between the 10-member Association of Southeast Asian Nations (AS

• IAS NEXT, Lucknow
• 28, Dec 2021

issued new guidelines?Reference News:-The Reserve Bank of India has extended the implementation date of card-on-file (CoF) tokenisation norms by six months to June 30, 2022.As per new guidelines, online players will have to delete any credit and debit card

• IAS NEXT, Lucknow
• 27, Dec 2021

Reference News-Researchers of the Zoological Survey of India (ZSI) are carrying out tagging of Olive Ridley turtles at three mass nesting sites – Gahirmatha, Devi River mouth and Rushikulya.The exercise was undertaken in Odisha in January 2021 

• Vaid's ICS, Lucknow
• 27, Dec 2021

Why in News?Reserve Bank of India(RBI) had issued guidelines banning the storage of customer card numbers by online merchants and payment aggregators and introducing the concept of Tokenization. These guidelines were scheduled to come into effect on 1 January but have now been postp

• Vaid's ICS, Lucknow
• 23, Dec 2021

Why in News?PM has recently addressed the India-Australia Circular Economy Hackathon (I-ACE)What is Circular Economy?It is an economy where products are designed for durability, reuse and recyclability and thus almost everything gets reused, remanufactured, and recycled i

• IAS NEXT, Lucknow
• 23, Dec 2021

What is the issue?SEBI has issued directions to stock exchanges in the commodity derivatives segment for immediately suspending trading in derivative contracts in key farm commodities for a year.What are derivative contracts?Derivative contracts are between two or more parties