RBI’s Report on State Finances

Main points of RBI report on State Financing Many states facing Fiscal risk this year i.e. 2018-19. Gross Fiscal Deficit (GFD) to Gross Domestic Product (GDP) ration crossed the threshold for the 3rd consecutive year. for 2018-19 the states have budgeted for a consolidated GFD of 26% of GDP. Largest share of market borrowings in

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44th G-7 Summit-2018 in Quebec, Canada

G7 nations: Itlay, Germany, Japan, USA, UK, Canada and France. G7 nation represent 62% of the global net wealth. They also represent 46% of Global GDP on nominal value and more than 32% of the Global GDP based on Purchasing Power Parity. EU also participate in G7 summit and makes it is a non-enumerated member

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Trump-Kim Singapore Summit- 2018

Trump-Kim Singapore Summit- 2018 It is held in Sentosa Island which is a part of Singapore. Man Thunder military exercises between the USA and South Korea will not held. Four points Agreement between USA and North Korea That US and DPRK work for “Peace and Prosperity”. That the nations will work for a “stable peace”

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Aerostat-Wifi in Uttarakhand

Aerostat-Wifi in Uttarakhand It is India’s first balloon mounted internet network. It is done to bring reliable internet access to remotest area in Uttarakhand. The technical name of this balloon is¬†Aerostat balloon. It can remain in air for 14 days. It is always attached with a vehicle. This vehicle can be placed any where on

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Current Affairs 2018-2

Current Affairs 2018 “Aluminium: the future” this book is written by Tapan Kumar Chand. NALCO (National Aluminium Company Limited), launched an app for MSME named “Namasya”. The Archaeological Survey of India has decided to allow photography in the premise of all central protected monuments/sites except Ajanta Caves, Leh Palace and Mausoleum of Taj Mahal. Odisha

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Current Affairs 2018-1

Current Affairs 2018 Novak Djokovic won the 2018 Wimbledon. Harrier birds a migratory raptors species that regularly visit vast swathes of India are declining. Hamid Ansari book: Dare I question? India is keen to buy Farzad-B gas in Iran. Three Judge bench of the SC favoured live-streaming of court proceedings. Benefits of live streams: Live

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Vocabulary Daily 1

1. Prerogative: exclusive right, privilege and prerequisite. 2. Pronounced: easily noticeable. 3. Contemplation: a long and thoughtful observation. 4. Tenacious: aware, mindful 4. Panoramic: as from an altitude or distance. 5. Fissure: a long narrow depression in a surface. 6. Indescribable: defying expression 7. Ecstatic: a state of elavated bliss. 8. Drenched: abundantly covered. 9.

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Current Affairs- The Hindu

1. Simultaneous election proposal was opposed by 9 parties. The Law Commission under the chairmanship of Justice B.S. Chauhan is mulling the possibility of conducting simultaneous election in India. Simultaneous election means conducting Lok Sabha election and State Assembly election simultaneously, ending the cycle of election every year in different part of the Indian states.

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