1) Ease of doing business index: Context: World Bank halted its annual Publication doing business report it detected irregularities of data for a few countries. A World Bank press release said the integrity and impartiality of our data and analysis is Paramount and so we are immediately taking the following actions: The World Bank […]
Current Affairs of 31st August-2020 Read More »
Risk-averse:- A risk averse investor is an investor who prefers lower returns( known risks) rather than higher returns(unknown risks). Various investments giving the different returns with different level of risks, this investor always prefers least interest returns with least risk to avoids risks. They stay away from high-risk investments and prefer investments which provide
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1) Supply chain resilience initiative: What does supply chain resilience mean? In the context of international trade, supply chain resilience is an approach that helps a country to ensure that it has diversified its supply risk across a clutch of supplying nations instead of being dependent on just one or a few. Supply Chain
Current Affairs of 30th August-2020 Read More »
GST: The Goods and Services Tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption. The GST is paid by consumers, but it is remitted to the government by the businesses selling the goods and services National Pharmaceuticals Pricing Authority: NPPA was set-up as an independent Regulator
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1) Bridging the GST gap: Context: Finance minister said that the financial crisis facing the states is a result of covid-19; an ‘act of God’ and these kinds of act of God are not covered under GST compensation The GST Regime was built on the promise that, if states faced revenue deficits after the
Current Affairs of 29th August-2020 Read More »