What are ‘Too-Big-To-Fail’ banks, and what makes Indian banks safe?

GS Paper 3 Syllabus: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development   Source: IE Context: Recent banking crisis in the US has raised the question of how secure Indian banks are in the age of start-ups and digitisation.   Background: Despite the recent bank failures in the US (SVB), which …

US Senate resolution for underlining backing India on McMahon Line: What is the McMahon Line?

GS Paper 2 Syllabus: International Relations – India and Neighbourhood – Border Dispute   Source: Indian Express Context: Two United States Senators, have introduced a bipartisan resolution in the upper chamber of Congress reiterating that the US recognises the McMahon Line as the international boundary between China and India in Arunachal Pradesh.   The resolution reaffirms India’s …

Increase in the minimum age of marriage for women to 21 years two years after Bill is notified: Centre

GS Paper 2 Syllabus: Government Policies and Interventions for Development in various sectors and Issues arising out of their Design and Implementation   Source: TH Context: The increase in the minimum age of marriage for women to 21 years as provisioned in the Prohibition of Child Marriage Amendment Bill, 2021, would come into effect two …