Regulating misleading advertisements

GS Paper 4 Syllabus: Media Ethics   Context: The Central Consumer Protection Authority has come up with the Guidelines for Prevention of Misleading Advertisements and Endorsements for Misleading Advertisements, 2022.     Bait advertising: It means enticing consumers to buy the product at a lower price. High Tech:-Computers and other high-tech items are easy to …

Modernise co-operative banks

GS Paper 3 Syllabus: Indian Economy and issues relating to planning, mobilisation of resources, growth, development and employment.   Context: Cooperation Minister has highlighted that cooperative banks will not be given a “second-grade” treatment but they should adopt modern and transparent banking methods to stay in the competition. Status: As per RBI, as of March 2019, …

Covid vaccines prevented 42 lakh deaths in India in the first year

GS Paper 3 Syllabus: Science and Technology   Context: A study by Lancet Infectious Disease has estimated that Covid-19 vaccines prevented nearly 1.98  crore deaths worldwide — out of a potential 3.14 crore deaths — in the first year of the vaccine programme. These include 42.10 lakh deaths prevented in India. What does the study …

What FPIs’ market exit means

GS Paper 3 Syllabus: Effects of liberalisation on the economy (post-1991 changes)   Context: Foreign portfolio investors have pulled out Rs 42,000 crore this month amid rising inflation and monetary policy tightening in the US. What are Foreign portfolio investors (FPI)? FPI involves an investor buying foreign financial assets such as fixed deposits, stocks, and mutual …

Group wants new order on MGNREGA workers revoked

GS Paper 2 Syllabus: Welfare schemes for vulnerable sections, issues related to development and management of the social sector.   Context: The Union Rural Development Ministry must withdraw its order to discontinue manual attendance for Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) worksites with more than 20 workers and use a mobile phone-based application, …

Pakistan’s economic muddling and the IMF challenge

GS Paper 2 Syllabus: India and its neighbourhood relations, important international institutions(IMF)   Context: The Pakistani rupee (PKR) has been falling continuously from 150 in April 2021 to 213 against the dollar on 21 June, an all-time low. Pakistan’s foreign exchange reserves have been depleting during the last one year. According to State Bank of …

BRICS support dialogue between Russia, Ukraine

GS Paper 2 Syllabus: Bilateral, regional and global grouping and agreements involving India.   Context: The Russian President called for the strengthening of BRICS(Brazil, Russia, India, China and South Africa) at a virtual summit of leaders of the grouping hosted by China. Indian Prime Minister focussed on the importance of BRICS in the post-pandemic global …