meri saheli magazine Published this article page no 26 Indian Economy and issues relating to planning mobilization of resources growth development and employment. 1. What is the RBIs MPC? Context Jayant Varma Member of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) who has been opposing the RBIs accommodative policy stance has said the stance carries with it the risk of falling behind the curve in future because the stance limits the MPCs freedom of action in ensuing meetings. What is an accommodative policy stance? An accommodative stance means the central bank is prepared to expand the money supply to boost economic growth. The central bank during an accommodative policy period is willing to cut the interest rates. About MPC The RBI has a governmentconstituted Monetary Policy Committee (MPC) which is tasked with framing monetary policy using tools like the repo rate reverse repo rate bank rate cash reserve ratio (CRR).c It has been instituted by the Central Government of India under Section 45ZB of the RBI Act that was amended in 1934. Functions The MPC is entrusted with the responsibility of deciding the different policy rates including MSF Repo Rate Reverse Repo Rate and Liquidity Adjustment Facility. Composition of MPC The committee will have six members. Of the six members the government will nominate three. No government official will be nominated to the MPC. The other three members would be from the RBI with the governor being the exofficio chairperson. Deputy governor of RBI in charge of the monetary policy will be a member as also an executive director of the central bank. Selection and term of members Selection The government nominees to the MPC will be selected by a SearchcumSelection Committee under Cabinet Secretary with RBI Governor and Economic Affairs Secretary and three experts in the field of economics or banking or finance or monetary policy as its members meri saheli magazine buy.
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Monday, June 27, 2022
meri saheli magazine
meri saheli magazine Published this article page no 25 Leading media groups from the five BRICS countries (Brazil Russia India China and South Africa) have put together a threemonth long training programme for journalists. The programme was an initiative of the BRICS Media Forum. About the BRICS Media Forum The Forum was established in 2015 by media organisations from the five countries including The Hindu Brazils CMA Group Russias Sputnik Chinas Xinhua and South Africas Independent Media. The Forum was conceived and developed so that it can function as an independent initiative and set of practical activities undertaken within the broad framework of BRICS cooperation. What is BRICS? BRICS is the group composed of the five major emerging countries Brazil Russia India China and South Africa. It together represents about 42% of the population 23% of GDP 30% of the territory and 18% of the global trade. The acronym BRIC was coined by economist Jim ONeill of Goldman Sachs in 2001 to indicate the emerging powers that would be alongside the United States the five largest economies of the world in the 21st century. In 2006 BRIC countries started their dialogue which since 2009 takes place at annual meetings of heads of state and government. In 2011 with South Africa joining the group the BRICS reached its final composition incorporating a country from the African continent. Insta Curious Have you heard about PARIS21 grouping? Reference read this. InstaLinks Prelims Link 1. About BRICS. 2. Summits. 3. Presidency. 4. Organisations and groups associated with BRICS. Mains Link Discuss the significance and relevance of BRICS for India meri saheli magazine buy.
Friday, June 24, 2022
banking service chronicle magazine
banking service chronicle magazine
banking service chronicle magazine Published this article page no 20 Who are Angadias? The Angadia system is a centuryold parallel banking system in the country where traders send cash generally from one state to another through a person called Angadia that stands for courier.It is by and large used in the jewellery business with Mumbai – Surat being the most popular route as they are two ends of the diamond trade.The cash involved is huge and it is the responsibility of the Angadia to transfer cash from one state to another for which they charge a nominal fee.Generally it is the Gujarati Marwari and Malbari community that are involved in the business. Is it legal? While the Angadia system per se is legal there hangs a cloud over the activity as it is suspected that a lot of times it is used to transfer unaccounted money. Panruti cashew Panruti cashew is mainly found in Tamil Nadu. This is unique because of its taste and quality. Although these cashew nuts are slightly smaller in size they have a distinct market value. It is commonly known as the gold mine of Cuddalore in Tamil Nadu.It is commonly cultivated in laterite & red soils as well as coastal sands. Tamil Nadu Cashew Processors and Exporters Association (TNCPEA) has applied for Geographical Indication (GI) tag for Panruti Cashew.. Karakattam Dance ●Karakattam is an ancient folk dance of Tamil Nadu performed in praise of the rain goddess Mariamman (the rain goddess).The performers balance a pot on their head. Why in News? An organization has demanded that Karakattam (also known as Kumbakkali in certain parts) be recognised as the agricultural art form of Kerala banking service chronicle magazine buy.
Wednesday, June 22, 2022
drishti ias current affairs magazine pdf
drishti ias current affairs magazine pdf
drishti ias current affairs magazine pdf Published this article page no 62 What is Earth Hour? Every year Earth Hour is observed on the last Saturday of March at 830 pm. And while previously it brought the public out onto the roads to mark the hour this year the famous environmental initiative went digital as many countries are in lockdown. The topic for Earth Hour 2022 will be Shape Our Future. This is a pivotal year for everyone and our world. It is up to us to #ShapeOurFuture by raising awareness about the serious issues impacting our world today. What is Earth Hour? Dating back to 2007 Earth Hour is an annual event organized by the World Wildlife Fund that promotes conservation and sustainable energy. During this time civilians are encouraged to switch off their lights for one hour to help reduce the effect of global warming and raise awareness for climate change and wildlife conservation. Background It was famously started as a lightsoff event in Sydney Australia in 2007. Since then it has grown to engage more than 7000 cities and towns worldwide. Today Earth Hour engages a massive mainstream community on a broad range of environmental issues. The onehour event continues to remain the key driver of the now larger movement. Whats the difference between Earth Hour and Earth Day? Whereas Earth Hour stands as a climate change initiative where people reduce their electricity usage Earth Day (April 22) celebrates our natural environment by inspiring people to plant trees recycle regularly and keep the planet tidy drishti ias current affairs magazine pdf buy.drishti ias current affairs magazine pdf
drishti ias current affairs magazine pdf
drishti ias current affairs magazine pdf Published this article page no 61 2. Increase in vehicle ownership combined with the lack of vehicle battery recycling regulation and infrastructure. 3. Workers in dangerous and often illegal recycling operations break open battery cases spill acid and lead dust in the soil. 4. They also smelt the recovered lead in crude openair furnaces that emit toxic fumes poisoning the surrounding community. Need of the hour A coordinated and concerted approach across the following areas 1. Proper Monitoring and reporting. 2. Prevention and control measures. 3. Management treatment and remediation. 4. Public awareness and behaviour change. 169 5. Legislation and policy. 6. Global and regional action. Conclusion It is clear from evidence compiled that lead poisoning is a much greater threat to the health of children than previously understood. Although much more research needs to be conducted enough data have recently emerged for decisive action to begin – and it must begin now. Insta Facts 1. Lead in the body is distributed to the brain liver kidney and bones. It is stored in the teeth and bones where it accumulates over time. 2. Lead in bone is released into blood during pregnancy and becomes a source of exposure to the developing foetus. 3. WHO has identified lead as 1 of 10 chemicals of major public health concern. 4. WHO has joined with the United Nations Environment Programme to form the Global Alliance to Eliminate Lead Paint. Insta Curious Did you know that lead is a naturally occurring toxic metal found in the Earths crust drishti ias current affairs magazine pdf buy.
Wednesday, June 1, 2022
Shine india monthly magazine
Shine india monthly magazine 16 published this article page no the meeting of pm modi with the delegation of leading sikh intellectuals in march 0 had witnessed a freewheeling interaction by prime minister with the delegation on diverse topics such as youth empowerment farmers welfare national education policy drugfree society technology skilling employment and punjabs overall development trajectory. the representatives during the meeting with pm modi also appreciated the continuous and multiple steps taken by the central government for the betterment of the sikh community. pm modi address on guru tegh bahadur jayanti 0 on april 0 prime minister modi participated in the celebrations of the 00th prakash purab of guru tegh bahadur and had also addressed the nation from red fort. on the occasion he released a commemorative coin and a postage stamp. in his address on guru tegh bahadur jayanti 0 pm modi admired the sikh society of india and noted that new thinking continuous hard work and 00% dedication are the identity of the countrys sikh society






