IMF members delay quota changes, agree to maintain funding

Headline : IMF members delay quota changes, agree to maintain funding Details : In News Members of the International Monetary Fund (IMF) have agreed to maintain its funding at $1 trillion but postponed changes to its voting structure. Highlights of the deal The deal will allow an extension of non-permanent, supplementary sources of funds, such as the New … Continue reading IMF members delay quota changes, agree to maintain funding

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Explained: Why interest rates aren’t falling

Headline : Explained: Why interest rates aren’t falling Details : Context for the article: This article explores why, despite significant repo rate cuts by the RBI, the interest rates in the banking system are not falling much. Rate cuts by the RBI: Since February, the Reserve Bank of India (RBI) has aggressively cut the repo rate. … Continue reading Explained: Why interest rates aren’t falling

Prelims 2019: Major Defence Exercise

Major Defence Exercise Download Join: https://t.me/SimplifiedIAS

Mrunal’s Handouts on Census, Health, Education and Poverty

Handout 16: - EF6_P1_Census_Health_Edu_Poverty_Batch1 Download Join: https://t.me/SimplifiedIAS

Electrifying India’s transport Editorial 7th May’19 TimesOfIndia

Headline : Electrifying India’s transport Editorial 7th May'19 TimesOfIndia Details : Rapid urbanization and transport problems: India’s urban population will nearly double in the next decade. More than half a billion people will live and work in Indian cities. Travel within and between cities will grow exponentially. This rapid growth poses several social, economic and environmental … Continue reading Electrifying India’s transport Editorial 7th May’19 TimesOfIndia

In Brief: Indo-Pacific wing, Indian Ocean Rim Association (IORA), Association of Southeast Asian Nations (ASEAN), Quadrilateral Security Dialogue (Quad), India and Asean

Headline : External affairs ministry sets up Indo-Pacific wing Details : The News: In a recent move, India has just set up an Indo-Pacific division in the foreign office, which will integrate the Indian Ocean Rim Association (IORA), Asean region and the Quad to the Indo-Pacific table.   Background: The US has recently renamed its Pacific … Continue reading In Brief: Indo-Pacific wing, Indian Ocean Rim Association (IORA), Association of Southeast Asian Nations (ASEAN), Quadrilateral Security Dialogue (Quad), India and Asean

Culture:- Brief for Prelims

Culture:- Ugadi is celebrated as New Year’s Day in Karnataka and Andhra Pradesh. The name Ugadi is derived from the name “Yuga Adi”, which means ‘the beginning of a new age’. It is celebrated on the first day of the Hindu month Chaitra, which marks the onset of spring. The festival of Losar marks the beginning … Continue reading Culture:- Brief for Prelims