CURRENT AFFAIRS

• Vaid's ICS, Lucknow
• 13, Dec 2021

Why in news?Reserve Bank of India (RBI) Governor has indicated that the RBI will bring regulatory changes to reform urban cooperative banks (UCBs).UCBs have been plagued by a series of failures.RBI has also warned people against depositing their savings in banks offering high

• IAS NEXT, Lucknow
• 11, Dec 2021

Reference News:As per WGC’s ‘Bullion Trade in India’ report:Imports made up 86% of India’s gold supply between 2016-2020, and inbound shipments continue to grow despite high import duty.Since the first duty hike in 2012, India has imported some 6,5

• IAS NEXT, Lucknow
• 11, Dec 2021

Reference News:Fresh cases of bird flu have been confirmed in the Kuttanad region of Kerala. Response teams have been formed for culling birds in affected areas.Samples have tested positive for the H5N1 influenza virus.What is bird flu?Also called avian

• IAS NEXT, Lucknow
• 11, Dec 2021

Reference News:Two years after the Citizenship (Amendment) Act, 2019 (CAA) was passed by Parliament, the Ministry of Home Affairs (MHA) is yet to notify the rules governing the Act. The legislation cannot be implemented without the rules being notified.Background:The C

• IAS NEXT, Lucknow
• 11, Dec 2021

News:Amid strong objection from the Opposition, the Lok Sabha has passed two Bills allowing the Centre to extend the tenure of the Enforcement Directorate (ED) chief and the CBI Director up to five years from the current fixed tenure of two years.The Bil

• IAS NEXT, Lucknow
• 11, Dec 2021

Reference News:An analysis of past data of cyclones over North Indian Ocean (Bay of Bengal and Arabian Sea) during the period from 1891 to 2020 indicates that:The frequency of “very severe cyclonic storms” has increased in recent years over the Arabian Sea. 

• IAS NEXT, Lucknow
• 11, Dec 2021

Reference News:The Constituent Assembly of India had held its first meeting 75 years ago on December 9, 1946.Distinguished people from different parts of India, different backgrounds and even differing ideologies came together with one aim- to give the people of India

• IAS NEXT, Lucknow
• 10, Dec 2021

Why in news?The announcement of FCA and the ICE Benchmarking Administration (IBA) about the end dates of London Interbank Offer Rate (LIBOR) has become a challenge from a Transfer Pricing perspective.What is LIBOR?It is a benchmark interest rate at which major global

• IAS NEXT, Lucknow
• 10, Dec 2021

What is the issue?The sustained rise in the price of LPG cylinders has been a burden in the budget of many households for more than a year now.What is the trend of the price of LPG refills?The price of LPG refills has risen by more than 50% to over Rs. 900 per cylinder in Nove

• IAS NEXT, Lucknow
• 10, Dec 2021

Reference News:The Protection of Plant Varieties and Farmers Rights (PPV&FR) Authority has revoked a PVP (Plant Variety Protection) certificate granted to PepsiCo India Holding (PIH) on a potato variety (FL-2027) on various grounds.This included the followi