8 Aug 2020
V. KAMATH COMMITTEE:
- The Reserve Bank of India (RBI) constituted an expert committee under the chairmanship of veteran banker K.V. Kamath to make recommendations on norms for the resolution of COVID-19 related stressed loans.
- The Indian Banks’ Association (IBA) will function as the secretariat to the committee and the committee will be fully empowered to consult or invite any person it deems fit.
Business confidence index:
- India’s leading economic think tank, National Council for Applied Economic Research (NCAER) conducts a quarterly survey and releases Business confidence index (N-BCI).
- It tracks the business sentiments of around 600 Indian companies to compute the composite index.
Loya Jirga:
- It is a mass national gathering that brings together representatives from the various ethnic, religious, and tribal communities in Afghanistan.
- It is a highly respected centuries-old consultative body that has been convened at times of national crisis or to settle national issues.
- According to the Afghan Constitution, a Loya Jirga is considered the highest expression of the Afghan people. It is not an official decision-making body and its decisions are not legally binding.
Why in News?
A three-day Loya Jirga-grand assembly has been called in Afghanistan to decide on freeing about 400 Taliban fighters convicted for serious crimes including murder and abductions.
Kavkaz 2020:
It is the Russian strategic command-post exercise.
Why in News?
- India will take part in the Russian Kavkaz 2020 strategic command-post exercise next month.
- The invitees for the exercise also include China and Pakistan apart from other member-states of the Shanghai Cooperation Organisation (SCO).
Gandagi Mukt Bharat:
Prime Minister Narendra Modi recently
launched “Gandagi
Mukt Bharat”, a week-long campaign for ‘swachhata’ in the
run-up to Independence Day.
1.
During this week, each day till August 15
will have special ‘swachhata’ initiatives in urban and rural India to
re-enforce the ‘jan
andolan’ for ‘swachhata’.
Surakhsya:
It is the National Portal on human elephant conflict.
1.
It is for collection of real time
information & also for managing the conflicts on a real time basis.
Delhi HC issues notice to UPSC after plea says
quota for disabled neglected:
The Delhi High Court has issued notice
to Union Public
Service Commission (UPSC) on a plea challenging this
year’s preliminary examination notice for direct recruitment to civil services
on the ground that it neglects the
minimum reservation to be provided to disabled persons.
1.
The petition claimed that the UPSC’s notice reserves
only 24 vacancies for persons with
disabilities out of a total 796 ‘expected approximate
vacancies’.
2.
This was below the four per cent mandatory reservation under
section 34 of the Rights of Persons with Disabilities (RPwD) Act, 2016.
3.
The plea submitted that four per cent of 796
vacancies work out to is 32.
Sub-Mission on Agricultural Mechanization:
1.
It was introduced in April 2014 with an
aim to have inclusive growth of farm mechanisation to boost productivity.
2.
The scheme is implemented in all the states,
to promote the usage of farm mechanization and increase the ratio of farm power
to cultivable unit area up to 2.5 kW/ha.
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