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Rapid Fire Current Affairs

Indian Navy and Indian Air Force aircraft recently visited Australia’s Cocos (Keeling) Islands (CKI) in the Southern Indian Ocean, strengthening strategic reach and interoperability between India and Australia’s militaries in the Indian Ocean

AMC Repo Clearing Limited

Source: PIB Why in News? Recently, the Ministry of Finance inaugurated the Limited Purpose Clearing Corporation (LPCC) called AMC Repo ClearingSource: PIB Why in News? Recently, the Ministry of Finance inaugurated the Limited Purpose Clearing Corporation (LPCC) called AMC Repo Clearing

India’s Digital Public Infrastructure

India’s Digital Public InfrastructureIndia’s Digital Public InfrastructureIndia’s Digital Public InfrastructureIndia’s Digital Public InfrastructureIndia’s Digital Public InfrastructureIndia’s Digital Public InfrastructureIndia’s Digital Public Infrastructure

AMC Repo Clearing Limited

AMC Repo Clearing LimitedAMC Repo Clearing LimitedAMC Repo Clearing LimitedAMC Repo Clearing LimitedAMC Repo Clearing LimitedAMC Repo Clearing LimitedAMC Repo Clearing Limited

CURRENT AFFAIRS – 26, 27 MARCH 2023

Understanding IMF bailouts Why are Sri Lanka and Pakistan facing major macroeconomic risks? How does currency devaluation and price rise affect an economy? What is the International Monetary Fund? Why does the IMF impose certain conditions before lending money to countries? The story so far: The International Monetary Fund (IMF) last week confirmed a $3 billion bailout plan for Sri Lanka’s struggling economy. IMF officials are also in negotiations with Pakistan for a $1.1 billion bailout plan as the country faces a severe economic crisis marked by a falling currency and price rise. Why do nations seek an IMF bailout? Countries…

CURRENT AFFAIRS – 25/03/2023

SC to hear plea of Opp on ‘selective, targeted’ use of agencies CBI, ED THE Supreme Court on Friday agreed to hear a plea by “14” Opposition parties alleging “selective and targeted” use of central probe agencies like the Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) against their leaders. Senior Advocate A M Singhvi mentioned the matter before a bench presided by Chief Justice of India D Y Chandrachud, who agreed to take it up on April 5. “I am asking for guidelines for the future. This is a remarkable convergence of 14 parties against the misuse of the agencies,…

CURRENT AFFAIRS – 17/03/2023

Wait continues in T.N. for Centre’s Pennaiyar tribunal As the three-month deadline fixed by the Supreme Court had expired last week, the State is waiting for Centre’s next course of action With the time limit fixed by the Supreme Court for the constitution of an inter-State river water disputes tribunal for Pennaiyar river getting expired on Tuesday last, Tamil Nadu is waiting for the Centre’s next course of action. In mid-December, the court gave the Centre three months to constitute the tribunal to resolve the dispute between Tamil Nadu and Karnataka over constructions across the river. In 2018, Tamil Nadu filed…

CURRENT AFFAIRS – 16/03/2023

On reservation for women in politics What is the history behind the Women’s Reservation Bill? How was reservation for women in local bodies implemented? Why are people opposed to reserving seats for women in Parliament and State Legislative Assemblies? The story so far: A day before her appearance in front of the Enforcement Directorate in the Delhi liquor policy case, Bharat Rashtra Samithi (BRS) leader K. Kavitha launched a six-hour hunger strike on March 10 seeking early passage of the long-pending Women’s Reservation Bill. The protest at Jantar Mantar in Delhi was inaugurated by Communist Party of India (Marxist) leader Sitaram…