Cabinet committee okays 50,000 cr. infusion for MSMEs (Indian Economy)
Can allow non-profit organisations to list on 'social stock exchanges - (Indian Economy)
Google rejects Australia's call for payout (Indian Economy)
A new architecture in quake - prone areas (Physical Geography)
Prelims Summary
Question of the Day
[{"explanation": "<p>SEBI had appointed a task force under the Chairmanship of Ishaat Hussain to recommend the various modalities related to the working of Social Stock Exchanges.</p>", "question": "<p>Ishaat Hussian committee was in new in relation to -</p>", "options": [{"option_id": "5ed67eec7737d41cbe986610", "is_correct_answer": false, "title": "<p>Affordable housing</p>"}, {"option_id": "5ed67eec7737d41cbe986611", "is_correct_answer": false, "title": "<p>Capital Market penetration</p>"}, {"option_id": "5ed67eec7737d41cbe986612", "is_correct_answer": true, "title": "<p>Social Stock Exchanges</p>"}, {"option_id": "5ed67eec7737d41cbe986613", "is_correct_answer": false, "title": "<p>Islamic Banking</p>"}], "question_id": "5ed67eec7737d41cbe98660f"}, {"explanation": "<p>Proposed Mode for Raising Capital</p>\n<p>Zero Coupon Zero Principal Bonds: These bonds do not carry any interest. The NPOs which avail funding through the issuance of such bonds need not repay back. Well suited to investors who are looking to create social impact but do not wish to have their funds returned to them.</p>\n<p> </p>\n<p>Social Venture Fund: Presently, it is Category - 1 Alternate investment fund registered with SEBI. Mobilizes capital from different investors to make investment in social sectors. CSR funds can be deployed for Social Venture Fund.</p>\n<p> </p>\n<p>Mutual Fund: Operate as a standard Mutual Fund. However, the returns generated are channeled towards the financing of NPOs. The returns will be considered as donations made by the investors to NPOs.</p>\n<p> </p>\n<p>The Capital Market regulator, SEBI had appointed a task force under the Chairmanship of Ishaat Hussain to recommend the various modalities related to the working of Social Stock Exchanges. The committee has recently submitted its recommendations as to how SSE should work in India.</p>\n<p> </p>\n<p>Broad Categories of participants -</p>\n<p>Non-Profit Organizations (Societies & Trusts)</p>\n<p>Section 8 Companies</p>\n<p>For-Profit Organizations</p>", "question": "<p>Which of the following can be characteristics of the proposed Social Stock Exchange?</p>\n<ol>\n<li>Issue of Zero Coupon Zero Principle Bond</li>\n<li>Regulation by Home Ministry instead of SEBI.</li>\n<li>No participation by 'For-profit organisations'.</li>\n</ol>\n<p>Select the correct option -</p>", "options": [{"option_id": "5ed67f107737d465b2f88447", "is_correct_answer": true, "title": "<p>1 only</p>"}, {"option_id": "5ed67f107737d465b2f88448", "is_correct_answer": false, "title": "<p>1 and 2 only</p>"}, {"option_id": "5ed67f107737d465b2f88449", "is_correct_answer": false, "title": "<p>1 and 3 only</p>"}, {"option_id": "5ed67f107737d465b2f8844a", "is_correct_answer": false, "title": "<p>All of the above</p>"}], "question_id": "5ed67f107737d465b2f88446"}, {"explanation": "<p>Kharif Crops: Paddy, Jowar, Bajra, Maize, Ragi, Arhar(Tur), Moong, Urad, Cotton, Groundnut, Sunflower Seed, Soyabean Black, Sesamum, Nigerseed.</p>\n<p>Rabi crops: Wheat, Barley, Gram, Masur (Lentil), Rapeseed/Mustard, Safflower, Toria,</p>", "question": "<p>Consider the following crops:</p>\n<ol>\n<li>Cotton</li>\n<li>Gram</li>\n<li>Maize</li>\n<li>Wheat</li>\n</ol>\n<p>Which of these are Kharif crops?</p>", "options": [{"option_id": "5ed67f367737d41cbe98661c", "is_correct_answer": true, "title": "<p>1 and 3 only</p>"}, {"option_id": "5ed67f367737d41cbe98661d", "is_correct_answer": false, "title": "<p>1 only</p>"}, {"option_id": "5ed67f367737d41cbe98661e", "is_correct_answer": false, "title": "<p>1, 3 and 4 only</p>"}, {"option_id": "5ed67f367737d41cbe98661f", "is_correct_answer": false, "title": "<p>1, 2 and 4 only</p>"}], "question_id": "5ed67f367737d41cbe98661b"}, {"explanation": "<p>‘Four-corner agreement’ - The agreement was signed between Government of India, Governments of Mizoram and Tripura and Mizoram Bru Displaced People’s Forum (MBDPF)</p>", "question": "<p>\"Four-corner agreement\" has been in news in relation with -</p>", "options": [{"option_id": "5ed67f5a7737d41cbe986627", "is_correct_answer": false, "title": "<p>Water Management</p>"}, {"option_id": "5ed67f5a7737d41cbe986628", "is_correct_answer": true, "title": "<p>Rehabilitation of a particularly vulnerable tribal group</p>"}, {"option_id": "5ed67f5a7737d41cbe986629", "is_correct_answer": false, "title": "<p>Wildlife conservation</p>"}, {"option_id": "5ed67f5a7737d41cbe98662a", "is_correct_answer": false, "title": "<p>Digital security</p>"}], "question_id": "5ed67f5a7737d41cbe986626"}, {"explanation": "<p>MSME Accounts for 30% of India’s GDP and 45% of merchandise exports.</p>\n<p>Economic Survey 2018 - Large businesses corner 82.6% of credit, MSMEs get a paltry 17.4.</p>", "question": "<p>Consider the following statements -</p>\n<ol>\n<li>MSME contribute to the majority of the India's GDP.</li>\n<li>MSME get the majority of the institutional credit.</li>\n</ol>\n<p>Select the correct option -</p>", "options": [{"option_id": "5ed67f7e7737d41cbe98662e", "is_correct_answer": false, "title": "<p>1 only</p>"}, {"option_id": "5ed67f7e7737d41cbe98662f", "is_correct_answer": false, "title": "<p>2 only</p>"}, {"option_id": "5ed67f7e7737d41cbe986630", "is_correct_answer": false, "title": "<p>Both 1 and 2 only</p>"}, {"option_id": "5ed67f7e7737d41cbe986631", "is_correct_answer": true, "title": "<p>None of the above</p>"}], "question_id": "5ed67f7e7737d41cbe98662d"}]
Cabinet committee okays 50,000 cr. infusion for MSMEs
Decisions announced include ₹50,000 crore equity infusion for MSMEs to help them enhance capacity, while also encouraging them to get listed.
Stressed companies to get ₹20,000 crore support for unsecured loans.
Definition of micro, small and medium enterprises expanded to increase its ambit;
Export revenue to be excluded while calculating the turnover
Key announcements
Some Important recent initiatives for MSME
Significance of MSMEs
Can allow non-profit organisations to list on 'social stock exchanges’
In the Union Budget 2020-21, the Finance Minister had proposed to establish Electronic platform- Social Stock Exchange (SSE) to enable social enterprises such as NGOs to raise capital to meet their social cause.
Rationale for setting up of SSE in India
How can the organisations raise capital through SSE?
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Dear sir, I have some confusion regarding Bru refugees. As you said in today's DNS is GoI would be given aid to help these refugees for their settlement & rehabilitation back to the Mizoram under 4 corner agreement, but sir in prelims compass of Indian Polity section, it is mentioned in Tripura. Kindly clarify it please.
@rauias A small clarification needed on leverage ratio for fund if funds. in 14th may dns is just the opposite of today's. In 14th may video, for ratio 1:2, govt through SIDBI was contributing to AIF twice that of the investment made by the company itself. In today's DNS, for ratio 1:4, other investors to AIF total investment amount has to be 4 times the govt contribution to AIF through SIDBI.
Which explanation is correct? Please clarify as it was a major recommendation of UK Sinha committee which makes it all the more important for exam.
Vipul Kumar 9 months ago
Md Ayaz Ahmed 9 months ago
SOURAV SAHAY 9 months ago
In 14th may video, for ratio 1:2, govt through SIDBI was contributing to AIF twice that of the investment made by the company itself.
In today's DNS, for ratio 1:4, other investors to AIF total investment amount has to be 4 times the govt contribution to AIF through SIDBI.
Which explanation is correct? Please clarify as it was a major recommendation of UK Sinha committee which makes it all the more important for exam.
Sandeep Kumar Sahu 9 months ago
Pinki vyas 9 months ago
Pinki vyas 9 months ago
Supriya majumdar 9 months ago
Ritika Gupta 9 months ago
MRITUNJAY RAI 8 months ago