Context: Delhiās per capita income in 2023-24, at ā¹4,61,910, was the third highest in the country after Goa and Sikkim, according to the latest statistical handbook. Per Capita Income Per capita income is the amount of money on average earned by a person within a given space over a period of time. It is usually calculated by taking the total income within an area divided by the total population within the same area. Basic Terms of Economy Idea of National Income
Unlisted Companies Vs Listed Companies
Context: In 2023-24, unlisted companies in India are increasing their net fixed assets by 7.5%. This is in contrast to listed companies, where the figure stood at 6.4%. Unlisted Public Company An unlisted public company is a public company that is not listed on any stock exchange; therefore, it may raise finance through the issue and sale of shares to the public. The jurisdictions vary in criteria for listing. However, for a public company to be registered, it should meet minimum share capital and the number of shareholders. Reason For Not Listing? Some companies do not list for a variety of reasons, including to avoid costs, not wanting public investors, or having too few shareholders. Listed Vs Unlisted Companies The most significant difference between a listed company and an unlisted company is that shares of a listed company are traded on a stock exchange, while the shares of an unlisted company are not traded on a stock exchange:
Long-Term Liquidity and Short Term Liquidity
Context: Bankers Seek RBI for Long-Term Liquidity in Tight Money Market Conditions. Bankers seek long-term liquidity injections for 30, 90, and 120 days. The Reserve Bank of India (RBI) provides short-term and long-term liquidity to banks through a variety of tools and operations RBIās Liquidity Management Tools
Sebi Registration of FPIs
Context: Sebi will ease the registration process of FPIs, which invest in Indian government bonds, or G-Secs. Key Highlights: Threshold Limit for Granular Disclosures by foreign portfolio investors (FPIs) Foreign Portfolio Investment (FPI)
Kisan Credit Card (KCC) Scheme
Context: The central government is expected to announce an increase in the loan limit on Kisan Credit Card (KCC) scheme from ā¹3 lakh to ā¹5 lakh in the proposed union budget for FY26. Budget 2025-26 In the Budget, the loan limit under Kisan Credit Card (KCC) has been enhanced from ā¹3 lakh to ā¹5 lakh. It will benefit 8 million of 77.7 million KCC accounts only. But it is offered only for farmers with good repayment history and commercial farming, only. Kisan Credit Card (KCC) Scheme UPSC Civil Services Exam, Previous Year Questions (PYQ) Q. Under the Kisan Credit Card scheme, short-term credit support is given to farmers for which of the following purposes? Select the correct answer using the code given below: (a) 1, 2 and 5 only(b) 1, 3 and 4 only(c) 2, 3, 4 and 5 only(d) 1, 2, 3, 4 and 5 Ans: (b)
INTERPOL’s Silver Notice
Context: Interpol issued its first-ever āSilver Noticeā, an innovative measure aimed at tracking down laundered assets across international borders. This pilot project involves 52 countries, including India, which has around a dozen fugitive economic offenders and a substantial amount of black money transferred offshore. Black money is income that is earned illegally or without paying the required taxes. It is typically kept in cash and is not reported to the government. What is Interpol ‘Silver Notice’? International Criminal Police Organization (INTERPOL) Founded in 1923 as International Criminal Police Commission (ICPC), INTERPOL is the only organization with the mandate and technical infrastructure to share police information globally.
Line of Actual Control
Context: The National Board for Wildlife has approved eleven proposals in protected areas of Ladakh for strategic infrastructure near the Line of Actual Control with China. The Line of Actual Control (LAC) The Line of Actual Control, or LAC, is an imaginary line dividing Indian-controlled territory from Chinese-controlled territory. It has become the de facto border between India and China but is not a formally recognized international border. The National Board for Wildlife (NBWL) isĀ a statutory body in India that advises the government on wildlife conservation and protection.
Global Warming
Context: First time ever in history, global temperature exceeded 1.5 degrees Celsius above the pre-industrial level in 2024, confirmed by C3S data from the Copernicus Climate Change Service. Global Warming and its Effect on India Global warming results from the increasing concentration of carbon dioxide (CO2) and other greenhouse gases that trap heat in the earth’s atmosphere. It finally results in rising of global tempreature. Causes of Global Warming in India Effects of Global Warming on India Mitigation Measures The Copernicus Climate Change Service (C3S) The Copernicus Climate Change Service (C3S) is one of the thematic services delivered by the European Union’s Copernicus Programme, which is managed by the European Commission and implemented by the European Centre for Medium-Range Weather Forecasts (ECMWF). It monitors extreme conditions within the Mediterranean basin including Saharan Dust, wildfires and extreme heat.
Panchayati Raj Institution (PRI)
Context: Tamil Nadu’s Local Body Elections delayed of the 9,624 village panchayats, 314 panchayat unions, and 28 district panchayats. Local Self Government: Rural Local Governments (Articles 243G and 243H): Urban Local Governments (Articles 243-P to 243-ZG) 73rd Constitutional Amendment Salient Features: UPSC Civil Services Examination, Previous Year Questions (PYQ Q. Local self-government can be best explained as an exercise in (2017) (a) Federalism(b) Democratic decentralisation(c) Administrative delegation(d) Direct democracy Ans: (b) Q. The fundamental object of Panchayati Raj system is to ensure which among the following? (2015) Select the correct answer using the code given below (a) 1, 2 and 3 only(b) 2 and 4 only(c) 1 and 3 only(d) 1, 2, 3 and 4 Ans: (c)
Rat-Hole Mining
Context: The body of another worker, who was trapped inside a coal mine in Assam’s Dima Hasao district, was recovered on Saturday from the quarry during rescue operations. DefinitionRat-hole mining, a method of manually digging narrow holes in North East India for coal extraction, is banned by the National Green Tribunal but still used by artisanal mining operations in Meghalaya. Legal Status Techniques Employed
