11 Apr, 2020

  • Moratorium on repayment puts NBFCs in a spot (What is NBFC and how they work?) (Economy)
  • Sanitation Tunnel (Bad effects of sanitation tunnel & Sodium Hypochlorite) (Science)
  • Passing of Shanti Hiranand, the Begum Akhtar era is formally over (Thumri, Dadra and Ghazal Indian Art & Culture) (History & Culture)
  • Saudi Russia want oil cuts finalized at G-20 talks (OPEC & OPEC+ Oil Prices) (International Relations)
  • Lives and livelihood (Editorial) Reference

Prelims Quiz

    Solution.

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    Description

    Moratorium on repayment puts NBFCs in a spot

    • Non-banking financial companies (NBFCs) may face a tough time following the Reserve Bank of India’s recent directive on providing a moratorium on repayment.
    • A sector which was already reeling under IL&FS and DHFL crises has been presented with another major challenge and this may be more pernicious.
    • Before understanding the crises, let us first understand what and NBFC is?
    • What an NBFC is?
    • So how do NBFC’s operate?
    • What is the reason behind such a crises?
    • What does the data suggests?
    • So do these NBFCs have other sources of funding which can allow them to sail through this crisis:
    • What about the Long-term repo operations (TLTRO) which RBI recently carried out:

     

    Tentative deal

    • Basics
    • Global oil supply
    • In focus: OPEC+ Deal
    • Geopolitics of Oil Price
    • Sanitization Tunnel 

     

    Shanti Hiranand

    • Thumri
    • Dadra
    • Ghazal

     

    Saudi, Russia want oil cuts finalised at G20 talks 

    • The price war between Saudi and Russia as a part of OPEC+ group has come to an end with both countries agreeing to cut down oil production to stabilize the international oil price which is at a 30-year low currently.
    • The lockdowns and consequent travel restrictions has resulted in excess oil production of 14.7 million barrels/day in the second quarter of 2020 which has resulted in collapse of oil prices to a 30-year low.
    • The price of Brent Crude (international benchmark of crude oil price) is hovering around $30/barrel.
    • The latest meeting of the OPEC+ in Vienna had led to failure of the deal with Russia declining to sign the deal.

     

    Comments

    ASHISH KUMAR DWIVEDI 7 months ago

    docx file here uploaded is not clear, please upload PDF format as well ,  as uploaded in youtube. 

    Snehil 7 months ago

    Please check question number one. There seems to be some error.

    Dheeraj saini 7 months ago

    Question no 1 ke answer and explanation mei dikat hai match ni kar rahe 

    Anjali 7 months ago

    I think Q No 1 : Answer is option No 2 & 3 

    Savan Chaudhari 7 months ago

    Answer for 1 - E- 2&3

    charan azmera 7 months ago

    Thanks for uploading DOCX format file...

    I hope people can convert themselves into PDF 

    AYESHA 7 months ago

    PLSSSSSSSSS PLSSSS PROVIDE PDF, HUBLE REQUEST SIR

    Akshay Shakya 7 months ago

    Dear Rau's IAS team, you all are doing wonderful in the journey of every IAS aspirants. One add-on which would foster better understanding of the concepts is Please try to give 2-3 Mains practice questions as well with MCQs. It will encourage us to inculcate answer writing. Also sample answers with which we could tally our answers and ultimately improve the performance. Thanks & Regards.

    Suman M S 7 months ago

    Very good move(elearn.rauias.com) by  Rau'sIAS study circle and makes good preparations ourselves without any extra mAterials