Archives: Current Affair

October 23, 2024

What is “climate diplomacy & Green Diplomacy?

What is “climate diplomacy & Green Diplomacy? Climate Diplomacy Definition: Climate diplomacy refers specifically to international negotiations, agreements, and efforts aimed at addressing climate change and its impacts. It involves discussions among countries, organizations, and stakeholders to develop strategies for reducing greenhouse gas emissions, adapting to climate change, and enhancing resilience. Key Aspects: International Agreements: […]



October 23, 2024

Secularism means live and let live: Supreme Court in UP Madrasa Act case

Secularism means live and let live: Supreme Court in UP Madrasa Act case Stating that “secularism means live and let live”, the Supreme Court said that regulating madrasa education was in national interest and therefore, throwing out the entire Uttar Pradesh Board of Madrasa Education Act, 2004 as unconstitutional “is to throw the baby out […]



October 22, 2024

Banks may have to borrow more as deposit growth slows down, with share of low-cost deposits hitting a two-decade low in FY24: Fitch

Key points of Fitch Ratings report. The share of Indian banks’ borrowings will continue to rise gradually within their overall funding mix if they struggle to attract sufficient fresh deposits to support loan growth. At the same time, a sustained capital-market performance could accelerate the shift of retail savings to investments (in the stock markets). […]



October 22, 2024

What is Loan-to-Deposit Ratio (LDR)?

The Loan-to-Deposit Ratio (LDR) is a financial metric used by banks to assess their liquidity and financial health. It represents the ratio of a bank’s total loans to its total deposits. The LDR is a measure of how effectively a bank is utilizing its deposits to lend and generate income. Formula: Loan-to-Deposit Ratio (LDR)=Total LoansTotal Deposits×100\text{Loan-to-Deposit Ratio (LDR)} = […]



October 22, 2024

How will a classical status help languages?

How will a classical status help languages? What does this mean for Marathi, Bengali, Assamese, Pali and Prakrit? On what basis is such a status accorded? The Union Cabinet approved classical status for five languages earlier this month — Marathi, Bengali, Assamese, Pali, and Prakrit — by tweaking the criteria for the declaration. What makes […]



October 22, 2024

India –China  Agreement on patrolling along LAC: Petrol right in Depsang Plains & Demchok

Demchok is a disputed area where India and China have varying claims in the Charding La area. At Depsang, Chinese troops have been blocking Indian patrols from going beyond the Y-junction. The breakthrough achieved by India and China towards disengagement in eastern Ladakh comes after two years of stalemate over two remaining friction points, Depsang […]



October 22, 2024

Graded Response Action Plan (GRAP-II): AQI stood at 310 in Delhi -‘very poor’ category:/ग्रेडेड रिस्पांस एक्शन प्लान (GRAP-II): दिल्ली में AQI 310 पर रहा – ‘बहुत खराब’ श्रेणी:

Graded Response Action Plan (GRAP-II): AQI stood at 310 in Delhi –‘very poor’ category: The second stage of the Graded Response Action Plan (GRAP-II), implemented by the Commission for Air Quality Management (CAQM), has come into effect from October 22. The decision was taken after reviewing the air quality scenario in the region, as per the […]



October 22, 2024

E-Shram: One Stop Solution’/ ई-श्रम: वन स्टॉप सॉल्यूशन’:

E-Shram: One Stop Solution’ Union Labour Minister has recently  launched the upgraded ‘e-Shram: One- stop solution’ portal, which will provide seamless access to the government’s different social security schemes, including health, pension and food, to over 300 million workers from the unorganised sector. “Every day, around 60,000 to 90,000 workers are joining the e-Shram platform. […]



October 22, 2024

Why Lawrence Bishnoi can not be interrogated? section 303 of the BNSS /Sections 267/268 of (CrPC).

Why Lawrence Bishnoi can not be interrogated? section 303 of the BNSS /Sections 267/268 of (CrPC). Why in News? As part of their investigation into the murder of Maharashtra MLA Baba Siddique in Oct 2024, Mumbai police have alleged that the two men accused of shooting him had links to the Lawrence Bishnoi gang. Bishnoi is […]



October 21, 2024

What is R-star (r)or natural rate of interest or equilibrium real interest rate?

R-star (r)**, also known as the natural rate of interest or equilibrium real interest rate, is the theoretical interest rate at which an economy operates at its full potential without causing inflation or deflation. It is the rate that neither stimulates nor restricts economic growth, providing a balance between economic output and inflationary pressures. In […]



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Current Affair | Vaid ICS Institute - Part 82