ASER report 2019
The number of girls getting enrolled in government schools is higher than boys in the age group of 4-8 years, according to the 14th Annual Status of Education Report (ASER) launched on 14 January 2020.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22630-aser-report-2019.html
#ASER #BeyondBasics #Pakista #Education
Rare diseases listed
Rare diseases listed out by Union Health Ministry. Updating its 2017 policy on rare diseases, the Union Ministry of Health and Family Welfare on 13 January 2020 published the National Policy for Rare Diseases 2020.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22629-rare-diseases-listed.html
#Rare #NationalPolicy #UnionHealth #stakeholders
Notice to govt on IBC amendments
The Supreme Court sought response from the government on a couple of petitions challenging the validity of a recent amendment to the IBC introducing a threshold of at least 10% of homebuyers in a project or 100 of the total allottees for initiating insolvency proceedings against the real estate developer.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22628-notice-to-govt-on-ibc-amendments.html
#IBC #amendments #NCLT #RFNariman #Articles14
US reverses China 'currency manipulator' label
The United States has removed the currency manipulator label it imposed on China last summer, in a sign of easing tensions between the two economic powers after nearly two years of conflict.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22627-us-reverses-china-currency-manipulator-label.html
#US #China #currency #manipulator #DonaldTrump #RMB
Lifetime Achievement honour for Kapil Dev
P.V. Sindhu was adjudged the Sportstar of the Year and Kapil Dev honoured for Lifetime Achievement at the Sportstar Aces Awards in mumbai.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22626-lifetime-achievement-honour-for-kapil-dev.html
#KapilDev #Cricket #PVSindhu #Achievement #WorldChampionship
The number of girls getting enrolled in government schools is higher than boys in the age group of 4-8 years, according to the 14th Annual Status of Education Report (ASER) launched on 14 January 2020.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22630-aser-report-2019.html
#ASER #BeyondBasics #Pakista #Education
Rare diseases listed
Rare diseases listed out by Union Health Ministry. Updating its 2017 policy on rare diseases, the Union Ministry of Health and Family Welfare on 13 January 2020 published the National Policy for Rare Diseases 2020.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22629-rare-diseases-listed.html
#Rare #NationalPolicy #UnionHealth #stakeholders
Notice to govt on IBC amendments
The Supreme Court sought response from the government on a couple of petitions challenging the validity of a recent amendment to the IBC introducing a threshold of at least 10% of homebuyers in a project or 100 of the total allottees for initiating insolvency proceedings against the real estate developer.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22628-notice-to-govt-on-ibc-amendments.html
#IBC #amendments #NCLT #RFNariman #Articles14
US reverses China 'currency manipulator' label
The United States has removed the currency manipulator label it imposed on China last summer, in a sign of easing tensions between the two economic powers after nearly two years of conflict.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22627-us-reverses-china-currency-manipulator-label.html
#US #China #currency #manipulator #DonaldTrump #RMB
Lifetime Achievement honour for Kapil Dev
P.V. Sindhu was adjudged the Sportstar of the Year and Kapil Dev honoured for Lifetime Achievement at the Sportstar Aces Awards in mumbai.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22626-lifetime-achievement-honour-for-kapil-dev.html
#KapilDev #Cricket #PVSindhu #Achievement #WorldChampionship
Ksgindia
ASER report 2019 | KSG India | Khan Study Group
The number of girls getting enrolled in government schools is higher than boys in the age group of 4-8 years, according to the 14th Annual Status of Education Report (ASER) launched on 14 January 202
Today's Headlines - 25 August 2023
BRICS currency in BRICS Summit
GS Paper - 2 (International Relations)
Brazil's President called for the BRICS nations to create a common currency for trade and investment between each other, as a means of reducing their vulnerability to dollar exchange rate fluctuations. Luiz Inacio Lula da Silva made the proposal at a BRICS summit in Johannesburg. Officials and economists have pointed out the difficulties involved in such a project, given the economic, political and geographic disparities between Brazil, Russia, India, China and South Africa.
Why does Brazil want a BRICS currency?
Brazil's president doesn't believe nations that don't use the dollar should be forced to trade in the currency, and he has also advocated for a common currency in the Mercosur bloc of South American countries.
A BRICS currency "increases our payment options and reduces our vulnerabilities," he told the summit's opening plenary session.
What do other BRICS Leaders think?
South African officials had said a BRICS currency was not on the agenda for the summit.
In July, India's foreign minister said, "there is no idea of a BRICS currency". Its foreign secretary said before departing for the summit that boosting trade in national currencies would be discussed.
Russian President Vladimir Putin said the gathering, which he attended via videolink, would discuss switching trade between member countries away from the dollar to national currencies.
China has not commented on the idea. President Xi Jinping spoke at the summit of promoting "the reform of the international financial and monetary system".
Is the US Dollar in trouble?
BRICS leaders have said they want to use their national currencies more instead of the dollar, which strengthened sharply last year as the Federal Reserve raised interest rates and Russia invaded Ukraine, making dollar debt and many imports more expensive.
Russia's sanctions-imposed exile from global financial systems last year also fuelled speculation that non-western allies would shift away from the dollar.
The objective, irreversible process of de-dollarisation of our economic ties is gaining momentum, Putin told the summit.
#upsc #news #headline #brics #currency #summit #internationalrelations #bricsnations #investment #ratefluctuations #vulnerability #lunae #economic #political #geographic #disparities #brazil #russia #india #china #southafrica #currency #mercosur #southamerican #leaders #videolink #trade #indiaforeignminister #USDOLLAR #ukraine #globalfinancial #economic
BRICS currency in BRICS Summit
GS Paper - 2 (International Relations)
Brazil's President called for the BRICS nations to create a common currency for trade and investment between each other, as a means of reducing their vulnerability to dollar exchange rate fluctuations. Luiz Inacio Lula da Silva made the proposal at a BRICS summit in Johannesburg. Officials and economists have pointed out the difficulties involved in such a project, given the economic, political and geographic disparities between Brazil, Russia, India, China and South Africa.
Why does Brazil want a BRICS currency?
Brazil's president doesn't believe nations that don't use the dollar should be forced to trade in the currency, and he has also advocated for a common currency in the Mercosur bloc of South American countries.
A BRICS currency "increases our payment options and reduces our vulnerabilities," he told the summit's opening plenary session.
What do other BRICS Leaders think?
South African officials had said a BRICS currency was not on the agenda for the summit.
In July, India's foreign minister said, "there is no idea of a BRICS currency". Its foreign secretary said before departing for the summit that boosting trade in national currencies would be discussed.
Russian President Vladimir Putin said the gathering, which he attended via videolink, would discuss switching trade between member countries away from the dollar to national currencies.
China has not commented on the idea. President Xi Jinping spoke at the summit of promoting "the reform of the international financial and monetary system".
Is the US Dollar in trouble?
BRICS leaders have said they want to use their national currencies more instead of the dollar, which strengthened sharply last year as the Federal Reserve raised interest rates and Russia invaded Ukraine, making dollar debt and many imports more expensive.
Russia's sanctions-imposed exile from global financial systems last year also fuelled speculation that non-western allies would shift away from the dollar.
The objective, irreversible process of de-dollarisation of our economic ties is gaining momentum, Putin told the summit.
#upsc #news #headline #brics #currency #summit #internationalrelations #bricsnations #investment #ratefluctuations #vulnerability #lunae #economic #political #geographic #disparities #brazil #russia #india #china #southafrica #currency #mercosur #southamerican #leaders #videolink #trade #indiaforeignminister #USDOLLAR #ukraine #globalfinancial #economic
Today's Headlines - 06 September 2023
UPI QR Code-CBDC interoperability
GS Paper - 3 (Economy)
With banks enabling the interoperability of Unified Payments Interface’s (UPI) Quick Response (QR) code with their central bank digital currency (CBDC) or e₹ application, users of retail digital rupee will be able to make transactions by scanning any UPI QR at a merchant outlet. Merchants can also accept digital rupee payments through their existing UPI QR codes. This integration of UPI and CBDC is part of the Reserve Bank of India’s (RBI) ongoing pilot project on pushing the retail digital rupee (e₹-R).
What is interoperability?
Interoperability is the technical compatibility that enables a payment system to be used in conjunction with other payment systems, according to the RBI.
Interoperability allows system providers and participants in different systems to undertake, clear and settle payment transactions across systems without participating in multiple systems.
Interoperability between payment systems contributes to achieving adoption, co-existence, innovation, and efficiency for end users.
What is UPI QR code-CBDC interoperability?
Interoperability of UPI with the digital rupee means all UPI QR codes are compatible with CBDC apps. Initially, when the pilot for the retail digital rupee was launched, the e₹-R users had to scan a specific QR code to undertake transactions.
However, with the interoperability of the two, payments can be made using a single QR code.
The digital rupee issued by the RBI, or the CBDC, is a tokenised digital version of the rupee.
The e₹ is held in a digital wallet, which is linked to a customer’s existing savings bank account. UPI is directly linked to a customer’s account.
How will it benefit customers and merchants?
The interoperability of UPI and CBDC will ensure seamless transactions between a customer and merchant without having the need to switch between multiple digital platforms.
It will allow a digital rupee user to make payments for their daily needs, such as groceries and medicines, by scanning any UPI QR codes at any merchant outlet.
Even merchants are not required to keep a separate QR code to accept the digital rupee payments. They can accept CBDC payments on their existing QR code.
What is a QR code?
A Quick Response (QR) code consists of black squares arranged in a square grid on a white background, which can be read by an imaging device such as a camera.
It contains information about the item to which it is attached, according to the National Payments Corporation of India (NPCI). QR code is an alternate contactless channel of payments. It allows merchants or businesses to accept payments from their customers directly into their bank accounts.
#upsc #news #headline #UPI #QR #code #CBDC #interoperability #economy #digital #currency #payments #RBI #adopation #transactions #systems #merchants #customer #account #benefit #NPCI #camera #wallet #rupee #multipleplatforms #national #corporations #india
UPI QR Code-CBDC interoperability
GS Paper - 3 (Economy)
With banks enabling the interoperability of Unified Payments Interface’s (UPI) Quick Response (QR) code with their central bank digital currency (CBDC) or e₹ application, users of retail digital rupee will be able to make transactions by scanning any UPI QR at a merchant outlet. Merchants can also accept digital rupee payments through their existing UPI QR codes. This integration of UPI and CBDC is part of the Reserve Bank of India’s (RBI) ongoing pilot project on pushing the retail digital rupee (e₹-R).
What is interoperability?
Interoperability is the technical compatibility that enables a payment system to be used in conjunction with other payment systems, according to the RBI.
Interoperability allows system providers and participants in different systems to undertake, clear and settle payment transactions across systems without participating in multiple systems.
Interoperability between payment systems contributes to achieving adoption, co-existence, innovation, and efficiency for end users.
What is UPI QR code-CBDC interoperability?
Interoperability of UPI with the digital rupee means all UPI QR codes are compatible with CBDC apps. Initially, when the pilot for the retail digital rupee was launched, the e₹-R users had to scan a specific QR code to undertake transactions.
However, with the interoperability of the two, payments can be made using a single QR code.
The digital rupee issued by the RBI, or the CBDC, is a tokenised digital version of the rupee.
The e₹ is held in a digital wallet, which is linked to a customer’s existing savings bank account. UPI is directly linked to a customer’s account.
How will it benefit customers and merchants?
The interoperability of UPI and CBDC will ensure seamless transactions between a customer and merchant without having the need to switch between multiple digital platforms.
It will allow a digital rupee user to make payments for their daily needs, such as groceries and medicines, by scanning any UPI QR codes at any merchant outlet.
Even merchants are not required to keep a separate QR code to accept the digital rupee payments. They can accept CBDC payments on their existing QR code.
What is a QR code?
A Quick Response (QR) code consists of black squares arranged in a square grid on a white background, which can be read by an imaging device such as a camera.
It contains information about the item to which it is attached, according to the National Payments Corporation of India (NPCI). QR code is an alternate contactless channel of payments. It allows merchants or businesses to accept payments from their customers directly into their bank accounts.
#upsc #news #headline #UPI #QR #code #CBDC #interoperability #economy #digital #currency #payments #RBI #adopation #transactions #systems #merchants #customer #account #benefit #NPCI #camera #wallet #rupee #multipleplatforms #national #corporations #india