CURRENT AFFAIRS

Keep yourself updated with latest news, currents affairs & exams notifications

  • IAS NEXT, Lucknow
  • 19, Jan 2022
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Inequality Kills Report by Oxfam

Reference News:-Inequality Kills: The unparalleled action needed to combat unprecedented inequality in the wake of COVID-19” is a report released in January 2022 by Oxfam, a U.K.-based consortium of 21 charitable organisations that have a global presenceThe&

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  • IAS NEXT, Lucknow
  • 19, Jan 2022
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World Economic Forum’s Davos Agenda ’22

Reference News:-The World Economic Forum is holding its annual meeting in Davos.Why is WEF important?The WEF summit is attended by people from across the political and corporate world, including heads of state, policy makers, top executives, industrialists,

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  • Vaid's ICS, Lucknow
  • 14, Jan 2022
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STRATEGIC OIL RESERVES

Why in News?India’s move to release 5 million barrels of oil from its strategic reserves as part of a coordinated challenge led by the US against the OPEC+ producers’ cartel’s move to curb output, is the first time that New Delhi would be dipping into its reserve

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  • IAS NEXT, Lucknow
  • 14, Jan 2022
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Increase in Textile sector exports

Reference News:-  Textile sector exports increase by 41% in April- December 2021 as compared to last year.Background: Textile sector has continuously maintained trade surplus with exports manifold higher than imports. FY 2020-21: Deceleration in textile

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  • Vaid's ICS, Lucknow
  • 12, Jan 2022
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2 Vs 2 Agri market access issues

In NewsThe Central Government has secured the approval of the United States Department of Agriculture (USDA) for export of Indian mangoes to USA in the new season. Consumers in the United States (US) would now have access to excellent quality mangoes from India.The export o

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  • IAS NEXT, Lucknow
  • 12, Jan 2022
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Financial Stability Report (FSR)- Jan 2022

Reference News:Recently, the Reserve Bank of India (RBI) released its latest Financial Stability Report (FSR). What is the significance of Financial Stability Report (FSR)?FSR is published twice each year by the RBI that presents an assessment o

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  • Vaid's ICS, Lucknow
  • 11, Jan 2022
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India’s falling jobless rate and unemployment

In NewsIndia’s unemployment rate touched a four-month high of 7.9 per cent in data from the Centre for Monitoring Indian Economy (CMIE).About the latest trendDeclining trend: The numbers show a significant declining trend even before economic activi

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  • IAS NEXT, Lucknow
  • 11, Jan 2022
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Asian Infrastructure Investment Bank (AIIB)

Reference News:Former Reserve Bank of India (RBI) governor Urjit Patel has been appointed vice-president of the Beijing-based Asian Infrastructure Investment Bank (AIIB).Mr.Patel will serve a three-year term as one of the multilateral development bank’s five vice-pres

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  • Vaid's ICS, Lucknow
  • 10, Jan 2022
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RBI’s Retail Direct Scheme

Why in News?Recently, the Prime Minister has launched the Reserve Bank of India (RBI)– Retail Direct Scheme to open up the Government bond market for the retail investors.In February 2021, RBI proposed to allow retail investors to open gilt accounts with t

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  • IAS NEXT, Lucknow
  • 08, Jan 2022
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Domestic Systemically Important Banks (D-SIBs)

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

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