Source: BS Context: India’s foreign exchange reserves surged by $4.5 billion, crossing the $702 billion mark for the first time, mainly due to a sharp rise in gold reserves valued at over $108.5 billion. The rise was driven by RBI’s gold purchases and an increase in global gold prices, while foreign currency assets slightly declined …
Topics Covered: Effect of policies and politics of developed and developing countries on India’s interests, Indian diaspora. Special Drawing Rights (SDR) What to study? For Prelims: SDR- meaning, objectives, composition and features. For Mains: Significance of SDRs. Context: India is not supporting a general allocation of new Special Drawing Rights (SDR) by the International Monetary …
FROM INSIGHTS MAGAZINE TEAM ARCHIVES January 10, 2014 POLITY & GOVERNMENT BILLS Supreme court orders states to probe all acquittals Far reaching implications for law enforcement and the criminal justice system Every criminal case with accused being acquitted will have to be examined by state govts to ascertain whether there were any lapses by police …
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