An Academy of Civil Services

Why in News?RBI Governor has recently said  that the cost of green bond issuance is high in India.Concept:A green bond is like any other regular bond but with one key difference: the money raised by the issuer are earmarked towards financing `green’ projects,

G.S. IITopics Covered: Indian Constitution- historical underpinnings, evolution, features, amendments, significant provisions and basic structure.Context:The Jammu and Kashmir Delimitation Commission (headed by retired Supreme Court Judge Justice Ranjana Pra

Why in News?The Supreme Court is all set to examine whether the Centre can expect a free pass on matters pertaining to national security.What’s the issue?The question whether the state can use ‘national security’ as a ground to limit judicial scrutin

Why in News?Finance Minister Nirmala Sitharaman, in her Budget 2022 speech (February 1), announced a 30 per cent tax on income from virtual digital assets.Rationale behind:There has been a phenomenal rise in such transactions and the magnitude and frequency of these t

Why in  News?On the occasion of World Wetlands Day, Khijadia Wildlife Sanctuary in Gujarat and Bakhira Wildlife Sanctuary in Uttar Pradesh have been added to the Ramsar site.India has a network of 49 such sites, the highest in South Asia, covering 10

Why in  News?Hoysala temples of Belur, Halebid and Somnathapura in Karnataka have been finalised as India’s nomination for consideration as World Heritage sites for the year 2022-2023.All three Hoysala temples are protected monuments of the Archaeol

Why in News?Chief Justice of India N.V. Ramana has agreed to immediately list for hearing a petition to initiate contempt action against Haryana authorities for not reining in ‘hooligans’ who have created an ‘atmosphere of communal hatred and terro

Why in News?Finance minister Nirmala Sitharaman on February 1 presented a budget worth Rs 39.45 lakh crore with massive push to infrastructure spending.Know about budget, what it means, related constitutional provisions and presentation stages here.Now, highlights of the 2

Why in  News?Recently, the Union Minister for Finance & Corporate Affairs presented the Economic Survey 2021-22 in the Parliament.What is the Economic Survey?It is an annual document prepared by the Department of Economic Affairs, the Ministry of Fina

Why in  News?Transparency International has ranked India at 85 among 180 countries in its Corruption Perception Index report released recently.Key FindingsWorld:Overall, two-thirds of the 168 countries on the 2015 index scored below 50, on a scale fro