Current Affair For Month “July, 2017”

diagnosing NPA: Its reasons,impact and steps taken by government

Date: July 21, 2017

According to recent data from RBI, the gross non-performing assets (NPAs) of public sector banks are just under Rs 4 lakh crore, and they collectively account for 90 percent of such rotten apples in the country’s banking portfolio.

In terms of net NPAs, their share is even higher – at 92 percent of the total bad loans...

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Paika Rebellion of Odisha:200th anniversary celebrations

Date: July 21, 2017

The President of India, Shri Pranab Mukherjee inaugurated the 200th anniversary celebrations of the Paika Rebellion of Odisha tonJuly 20, 2017 in New Delhi. 

About Paika Revolution:-

 The Paik Rebellion also called the Paika Bidroha was an armed rebellion against the British East India Company's rule in Odisha in 1817. The Paiks rose in rebellion under...

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Pradhan Mantri Vaya Vandana Yojana (PMVVY)

Date: July 20, 2017

The Union Minister for Finance, Defence and Corporate Affairs will formally launch the Pradhan Mantri Vaya Vandana Yojana (PMVVY) tomorrow in the national capital. PMVVY is a Pension Scheme announced by the Government of India exclusivelyfor the senior citizens aged 60 years and above which is available from 4th May, 2017 to 3rd May, 2018. The Scheme can be purchased offline as well as online t...

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Maharashtra’s new social boycott law: All you should know

Date: July 20, 2017

The Maharashtra Prohibition of Social Boycott (Prevention, Prohibition and Redressal) act 2016, received assent from the president, this paved the way for its implementation. The law disallows social boycott in the name of caste, community, religion, rituals or customs.
Social boycott under the new law:
If any individual or group tries to prevent another member or gro...

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Aaykar Setu:A new income tax payer e-service module

Date: July 17, 2017

Finance Minister Arun Jaitley launches a new tax payer service module ‘Aaykar Setu’ that compiles various tax tools, live chat facility, dynamic updates, and important links to various processes within the Income Tax Department in a single module; Says that this e-initiative would not only provide better taxpayer services but would also help in reducing the direct physical interface...

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11th July – World Population Day

Date: July 14, 2017

There are some 7.5 billion people in the world. By 2050, the world population is likely to become nine billion. India, the second most populous country, has some 1.3 billion people and is expected to take the top position by overtaking China by 2050. Amidst increasing numbers, concerns over feeding the population and sustaining the resources are on top of the mind o...

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Ministries and departments- Government of India

Date: July 05, 2017

The Ministries and Departments under Government of India is a topic mentioned under the Governance section of UPSC Civil Services Mains GS 2 paper. Though the number and name of ministries may change with each government, the overall framework will remain the same. Under normal circumstances in each government, there will be separate ministries for Finance, Defense, Home Affairs, External Affai...

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