01 July, 2020

  • Free foodgrain scheme till November + Paswan welcomes PMGKAY extension (Economy)
  • External debt rises in March (Economy)
  • World Bank okays fund for Namami Gange (Environment)
  • Banks sanction Rs. 1 lakh crore loans to 30 lakh MSMEs (Economy)
  • Making trade more digitised - Article (Economy)
  • Plant thought to be extinct for more than 135 years found in Sikkim Himalayas (Ecology & Biodiversity)
  • Question for the Day

Prelims Quiz

    Solution.

    • Total Marks 0
    • Total Scored 0
    • Total Attempted 0
    • Total Correct 0
    • Total Wrong 0
    • Total Not Attempted 0
    0%
    Description

    FREE FOOD GRAIN SCHEME TILL NOV

    Prime Minister Narendra Modi announced that the free grain distribution scheme under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) will be extended by five months till the end of November.

    • Food Security through Public Distribution System
    • National Food Security Act, 2013
    • PM Garib Kalyan Ann Yojana – March, 2020
    • Food Security under Atma Nirbhar Bharat –May, 2020
    • One Nation One Ration Card

     

    RISE IN EXTERNAL DEBT

    Recently, the RBI has published a report on the status of External Debt of India as of March 2020.

    • Basic Concepts about External Debt
    • Highlights of RBI Report on External Debt

     

    WORLD BANK OKAYS FUNDS FOR NAMAMI GANGE

    The World Bank has approved a five-year loan to the Namami Gange project worth ₹3,000 crore ($400 million) to develop and improve infrastructure projects to abate pollution in the river basin.

    • About World Bank Funding for Namami Gange Project

     

    BANKS SANCTION ₹1 LAKH-CR. LOANS TO 30 LAKH MSMES

    The Finance Ministry has said banks have sanctioned more than Rs. 1 lakh-crore loans under the Rs. 3-lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector.

    • About Emergency Credit Line Guarantee Scheme (ECLGS
    • How this will help the MSME Sector?

     

    MAKING TRADE MORE DIGITISED

    There has been rapid decline in commerce in the wake of Covid-19. In this regard, this article focuses on two aspects-

    • Steps taken by the Govt of India for reducing the time and cost of clearance of goods
    • Areas where more action is needed

     

    PLANT SPECIES REDISCOVERED

    Botanists have re – discovered a plant species from Sikkim which was thought to be extinct.

    • About the Plant species-Globba andersoniifrom
    Comments

    Manish . 1 month ago

    Excellent analysis sir thanks for your priceless support

    Gaurav Kumar Panda 1 month ago

    Q4 Has a typographical error, it should be Pradhan Mantri Garib kalyan Anna yojana. Anna is missing

    MRITUNJAY RAI 1 month ago

    100

    PS abhay 1 month ago

    What is your marks deduction methodology? You deduct two- third marks unlike upsc which deducts one-third.

    saqib 1 month ago

    question 4   anna is missing

    Prerna Singh 1 month ago

    Thankyou Sir!!

    Anupam Tiwari 1 month ago

    external debt is incresed in india 
    in ques 1 may be 

    Madhumita Lingesh 3 weeks ago

    i think the first questions answer is wrong