Source: TH Context: The Union Cabinet has approved the Terms of Reference (ToR) for the 8th Central Pay Commission (CPC) headed by Justice Ranjana Prakash Desai (Retd.). About The 8th Central Pay Commission: Definition: The 8th Central Pay Commission (CPC) is a temporary expert body set up by the Union Government to review and recommend …
Topic: Capital Markets & Money Markets Q6. Indian capital markets are increasingly driven by speculative flows, not fundamentals. Critically assess this trend. Discuss its implications for financial stability. Suggest policy safeguards to insulate the real economy. (15 M) Difficulty Level: Medium Reference: InsightsIAS Why the question: The growing disconnect between stock market performance and economic …
Context: Vice President called for a national debate on the shift from democracy to ‘Emocracy’, warning that emotion-driven policies threaten good governance. About Emocracy: What is ‘Emocracy’? ‘Emocracy’ (Emotion-Driven Democracy) refers to governance influenced by emotions rather than rational policy-making. It replaces evidence-based decision-making with populist rhetoric and emotionally charged narratives. Key Features of Emocracy: …
