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International Vulture Awareness Day
Regional Rural Banks (RRBs)

RRBs were established on October 2, 1975, following the recommendations of the Narasimham Committee on Rural Credit.
Regulation: RRBs are regulated by the Reserve Bank of India (RBI) and are governed by the Regional Rural Banks Act, 1976.
Ownership: The ownership structure of RRBs is shared among the Government of India (50%), the concerned State Government (15%), and the sponsoring bank (35%).
🔸All public sector banks, except Punjab & Sind Bank, sponsor one or more RRBs.
🔸 J&K Bank is the only private sector bank that sponsors an RRB.

Regional Focus: RRBs operate within specified regions, typically covering one or more districts in a state.
Target Audience: They primarily serve rural and semi-urban areas, focusing on the agricultural sector and rural development.
Products and Services: RRBs offer a range of banking services including savings and current accounts, fixed deposits, loans, and digital banking services like mobile banking and internet banking.
33% Reservation For Women Police !!

The Rajasthan State Cabinet, led by Chief Minister Bhajan Lal Sharma, has approved a significant policy shift by mandating a 33% reservation for women in the police force.
🔆Gender Wage Gap : The gender pay gap or gender wage gap is the average difference between the remuneration for men and women who are working. It is expressed as a percentage of what men earn compared to what women earn.
MONETARY POLICY [ QUANTITATIVE TOOL ]

1. Liquidity Adjustment Facility (LAF)
■ Repo & Reverse Repo Rate

2. Marginal Standing Facility (MSF)
3. Statutory Liquidity Ratio (SLR)
4. Cash Reserve Ratio (CRR)
5. Bank Rate
6. Credit Ceiling
7. Open Market Operation

☆ Higher SLR , CRR - lower liquidity


Source RBI

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🔆NABARD: National Bank for Agriculture and Rural Development
Established - 1982 [ B. Sivaraman Committee ]
Statutory body under NABARD ACT 1981.
Headquarters - Mumbai
Owner - Fully owned by government.
Operates Under : Department of Financial Services (DFS) under the Ministry of Finance.
All India Financial Institution

Supervise :
1. Regional rural banks ( RRB )
2. State co- operative agriculture & rural development bank ( SCARDBs )
3. Commercial banks ( CBs )
4. State co - operative banks ( SCBs )
5. Other Financial institutions under RBI

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Konyaks tribes

Konyaks, the largest tribal group in Nagaland (settled in around hundred villages in the Mon district), are also found in Arunachal Pradesh and Myanmar.

Recognized by their tattooed faces, they are traditional hunters and warriors but now their main occupation is agriculture.

They were the last to give up the practice of head-hunting, severing heads of enemies after attacking rival tribes.
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11 days for CSM24 [ 20-09-24]
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#METOO MOVEMENT: It was a civil society movement in 2017 where women survivors of sexual harassment started on social media about their experiences of gender-based violence.
Many women in India from the media and entertainment industry, as well others who can access to social media in English, also used the social media to publicise their accounts.
This led to public scrutiny of high-profile male figures and led to some resignations and legal action. For ex. M J Akbar (Former Union Minister) and R K Pachauri, former Chairman of IPCC.
However, the movement excluded women from rural areas, informal sector and those that do not use social media.
🔆Globalization

Engine of growth
Social inclusivity
Infrastructure 
Mobility services (eg. MRT, BRT)
Urban safe spaces (eg. For women safety)
Urban sprawl
Capacity building of service providers
Cost of living / affordability
Productivity
Emergency response services
Political dimensions
Spread of ideologies eg. Democracy
Political risks, unstable govts
Global terrorism
Multilateral institutions conflict with sovereign authority
Global Democracy
Synergy
Collective solutions, concerted efforts
Interdependedness
Complicated diplomatic relations
Autonomy reduce
Govts less arbitrary due to global scrutiny
Neo-colonization (eg. Debt trap diplomacy)
Collaborations in projects (eg. Ind-Afg parliament, Shahtoot Dam) Demand for global peace help solve Bilateral issues (eg. Israel-Palestine : intervention from many others)
🔆 WORLD BANK

The International Bank for Reconstruction and Development (IBRD) + International Development Association (IDA).
Established : 1944 , Bretton Woods Conference (USA)
To regulate International monetary & Financial order after World War 2 .

World Bank Groups :


🔸 International Bank for Reconstruction and Development (IBRD)
🔸 International Development Association (IDA)
🔸 International Finance Corporation (IFC)
🔸Multilateral Investment Guarantee Agency (MIGA)
🔸International Centre for Settlement of Investment Disputes (ICSID)

Reports :

🔸World Development Report
🔸Ease of doing business Index
🔸Global Economic Prospect report
🔸Remittance & Migration report
🔸World Development Indicators
🔸International Debt Statistics
🔸Ease of Living Index
🔸Universal Health Coverage Index
🔸The Service Trade Restriction Index
🔸India Development Update
🔸Logistics Performance index


#economy
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FAO FOOD SECURITY

https://www.fao.org/4/w4979e/w4979e05.htm


In India, 40% of the food wasted is equivalent to nearly 92,000 crore/year. This is equivalent to nearly 1% of the GDP which is depleted in the form of food wastage in India. Each person in India wastes 55 kg of food per year as per UN Environment Programme’s report
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10 days for CSM24 [ 20-09-24]
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41 days TGPSC/MPPSC mains (21 Oct)
67 days UKPSC mains ( 16 nov)
145 days RAS prelims (2 feb )

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🔆 NATIONAL INVESTIGATION AGENCY (NIA) :

Constituted : 2009
Under National Investigation Agency Act , 2008.
Central Counter - Terrorism Agency formed after Mumbai Terror Attack
Headquarters : New Delhi
Specialised Cell - TFFC Cell to deal with matters of fake currency notes & terrorfunding.
Operates Under : Union Ministry of Home affairs
NIA (AMENDMENT) ACT , 2019

🔆 National Disaster Management Authority (NDMA) :

Constituted :  Dec 2006
Under The Disaster Management Act 2005 after occurence of Indian Ocean Tsunami 2004 .
National Institute : New Delhi
Operates Under : Union Ministry of Home affairs
Prime Minister : Ex - Officio Chairperson


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Mppsc mains
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9 days for CSM24 [ 20-09-24]
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345 days left CSM25 [ 22-08-25]

46 days UPPSC prelims 2024 ( 27 Oct )
104 days UPPSC RO/ARO prelims ( 22 DEC)
67 days 70th BPSC prelims ( 17 Nov )
39 days Gpsc mains ( 20 Oct )
40 days TGPSC/MPPSC mains (21 Oct)
66 days UKPSC mains ( 16 nov)
144 days RAS prelims (2 feb )

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UKPSC 2024 MAINS PATTERN

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2024/11/17 12:34:54
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