Why in the news? The Government of India and the Asian Development Bank (ADB) signed a 125 million dollar loan agreement to enhance urban livability and bolster climate resilience in six district headquarters and Guwahati, in the State of Assam. … Continue reading →

Why in the news? Burkina Faso, Mali and Niger have announced they will immediately withdraw from the International Criminal Court (ICC), labelling it an “instrument of neo-colonialist repression”. Burkina Faso Location: Burkina Faso is a landlocked country in West Africa. … Continue reading →

Why in the news? The Supreme Court of India has remarked that it is ‘high time’ to  reconsider the criminalisation of defamation. Criminalisation of Defamation What is Defamation?: Defamation means harming a person’s reputation through words, writings, signs, or visible … Continue reading →

Currency Convertibility Definition: Currency convertibility refers to the ability to exchange a country’s currency for another currency or for gold without restrictions. It allows individuals, businesses, and governments to convert one currency into another freely. Types: Fully Convertible Currency: The … Continue reading →

Forex Reserve Definition: Forex reserves are assets held on reserve by a central bank in foreign currencies like dollar, which can include bonds, treasury bills and other government securities. Components: Foreign Currency Assets Gold reserves Special Drawing Rights Reserve position with … Continue reading →

Types of Securities 1.Equity Securities Definition: Equity securities represent ownership in a company and entitle the holder to a share of the profits and assets. Examples: Common stocks, preferred stocks. Characteristics: Ownership stake in the issuing company. Potential for dividends … Continue reading →

Financial Market A financial market serves as a platform that connects buyers and sellers for the trading of financial assets, such as stocks, bonds, derivatives, and currencies. Broadly, financial markets are classified into two types: Capital Market The capital market … Continue reading →