Online Tests for Civil Services Prelims-2020
When will the search for a vaccine against Corona Virus may bring a reliable antidote?
The whole world is waiting for a COVID vaccine to come. The pandemic has had huge toll on life as well as economic activities rendering millions of people jobless across the globe including the developed countries. The wait does not seem to end soon because the scientists point out that it takes at least 18 […]
Nobel Peace Prize 2020
Compiled by Civil Services Straegist The Nobel Prize Committee has decided to award the 2020 Nobel Peace Prize to the World Food Programme (WFP). The World Food Programme (WFP) is the leading humanitarian organization saving lives and changing lives, delivering food assistance in emergencies and working with communities to improve nutrition and build resilience. As the international community […]
Armenia and Azerbaijan: Nagorno-Karabakh Military Conflict
Courtesy Global Conflict Tracker, dated October 09, 2020 The risk of military conflict is escalating in Nagorno-Karabakh, the border region claimed by both Armenia and Azerbaijan, due to the failure of mediation efforts, increased militarization, and frequent cease-fire violations. In late September 2020, heavy fighting broke out along the border—the most serious escalation since 2016. More than […]
Know about the Atal Tunnel
The Atal Tunnel is world’s longest highway tunnel connecting Manali with Leh. The 9.02 Km long tunnel will now connect Manali to Lahaul-Spiti valley throughout the year. Earlier the valley was cut off for about 6 months each year owing to heavy snowfall. Atal Tunnel is built with ultra-modern specifications in the Pir Panjal range […]
Armenia and Azerbaijan: Nagorno-Karabakh Military Conflict
Courtesy Global Conflict Tracker, dated October 09, 2020 The risk of military conflict is escalating in Nagorno-Karabakh, the border region claimed by both Armenia and Azerbaijan, due to the failure of mediation efforts, increased militarization, and frequent cease-fire violations. In late September 2020, heavy fighting broke out along the border—the most serious escalation since 2016. More than […]
Belarus Crisis and Protests: Slipper Revolution and the Anti-Cockroach Revolution
Tens of thousands of Belarusians calling for the authoritarian President to resign marched through the capital on September 20 as the country’s wave of protests entered its seventh week. Hundreds of soldiers blocked off the center of Minsk, deploying water cannons and armored personnel carriers and erecting barbed wire barriers. Protests also took place in […]
Yoshihide Suga: Japan’s New Prime Minister
While Japan, the third largest economy is grappling with the Covid-19 pandemic and facing its biggest economic slump on record and has postponed Tokyo Olympics Japan’s new Prime Minister, Yoshihide Suga takes over the Charge. On 28 August 2020, Japanese Prime Minister Shinzō Abe announced his intention to resign due to his deteriorating health. On 14 September, Yoshihide Suga was elected as the […]
Understanding Afghan Problem and the Peace Process
Ouster of Nazibullah Government Afghanistan has been a problem state for last many decades. The period beginning 28 April 1992, the day that a new interim Afghan government was supposed to replace the Republic of Afghanistan of President Mohammad Najibullah could be traced as the beginning of the present problem. After Nazibullah government was ousted, an interim government could not be […]
Key Highlights of Economic Survey 2019-20
The Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman presented the Economic Survey 2019-20 in the Parliament . The Key Highlights of the Economic Survey 2019-20 are as follows: Wealth Creation: The Invisible Hand Supported by the Hand of Trust India’s dominance as global economic power for three-fourths of economic history manifests by […]
Centre Gives Options to Cover Shortfall in GST Revenues of States
The central government wrote August 29 to states suggesting options of borrowing money to make up for the Rs 2.35 lakh crore shortfall in GST revenues expected in the ongoing fiscal. Two days after first suggesting to states to borrow money to make up for the shortfall at the GST Council meeting, the finance ministry […]
Issue of Retention of GST Cess
The issue A CAG report had pointed out that there was short crediting of the GST cess collected by the central government totalling ₹47,272 crore tantamount diversion of the funds. The government’s statutory auditor had said in the financial audit report for FY19 tabled in Parliament that there was short crediting of the GST compensation […]
How August 2020 Monetary Policy of India Addresses the Challenges of Recession and Covid shock
When we see the latest monetary policy of the RBI, it needs to be appreciated in the light of the problems facing the economy due to somber growth prospects of the global economy as well as the impact of the Covid shock. The central banking is facing an unprecedented challenge globally and it is at […]