Gross Non-Performing Assets (GNPA) is the total value of loans that have been in default for more than 90 days, indicating inefficiencies in loan recovery, impacting profitability and credit growth in a bank’s financial health.
National Payments Corporation of India (NPCI)
NPCI is an Indian public sector company operating retail payments and settlement systems in India, under the Payment and Settlement Systems Act, 2007, as an initiative of the Reserve Bank of India and the Indian Banks’ Association.
RTGS and NEFT
RTGS or Real-Time Gross Settlement RTGS or Real-Time Gross Settlement is another electronic mode of payment that enables funds transfer from one bank account to another. In contrast to NEFT, RTGS settles transactions on a one-to-one basis immediately after the instruction is received. National Electronic Funds Transfer NEFT or National Electronic Funds Transfer is an electronic payment system regulated by the Reserve Bank of India (RBI) that allows funds to be transferred between bank accounts across the country, following RBI guidelines.
Tele MANAS
Context: Mental health assistance helpline Tele-Manas, which was launched in 2022 to provide 24Ă—7 services, has received 16.6 lakh calls since its inception. All states and UTs have started the service and have 53 functional cells, according to the health ministry. Tele MANAS (Tele Mental Health Assistance and Networking across States) Tele MANAS (Tele Mental Health Assistance and Networking across States) is a program that offers mental health services in India. The program was announced in the 2022 Union Budget and is implemented by the Ministry of Health and Family Welfare.
Wayanad Landslides
Context: The Centre has reiterated that the Inter-Ministerial Central Team (IMCT) considers the Meppadi landslides in Wayanad, Kerala to be a “disaster of severe nature for all practical purposes”. Landslide A landslide is a mass movement of material, such as rock, earth or debris, down a slope. The Inter-Ministerial Central Team (IMCT) The Inter-Ministerial Central Team (IMCT) is a group of ministers from different departments that is sent to observe the damage caused by disasters like cyclones, floods, and landslides. The IMCT is led by the Executive Director of the National Institute of Disaster Management (NIDM). National Institute of Disaster Management (NIDM).
The Inter-Ministerial Central Team (IMCT)
The Inter-Ministerial Central Team (IMCT) is a group of ministers from different departments that is sent to observe the damage caused by disasters like cyclones, floods, and landslides. The IMCT is led by the Executive Director of the National Institute of Disaster Management (NIDM).
Food Security in India
Context: This latest report called the State of Food Security and Nutrition In the World 2023 states the formal record of the estimated number of 74 million undernourished people in India in the period from 2020 until 2022. Key Highlights:
Scorpene-Class Submarines
Context: The Defence Ministry has signed two ₹2,867 crores contracts for the construction work of the air-independent propulsion module and electronic heavyweight torpedo, developed by DRDO, for Scorpene submarines. The Scorpène-Class Submarines The Scorpène-class submarines, developed by the French Naval Group and Spanish company Navantia, are diesel-electric attack submarines with air-independent propulsion, now marketed as the Scorpène 2000. INS Vagsheer (s-26) and INS Tushil
Household Consumption Expenditure Survey 2023-24
Context: Consumption inequality declined across rural and urban areas between Aug 2023 and July 2024 compared to the previous year, a survey showed. Key Highlights: The Gini coefficient, a statistical measure of inequalit
The Election Commission of India (ECI) Releases Data
Context: The Election Commission (EC) has released data for the 2024 Lok Sabha elections, showing a narrowing gap between male and female turnouts, with female electors surpassing men in both 2019 and 2024 elections, increasing from 0.16 to 0.23 points. Election Commission of India
