daily-news-prescription-7-august-2020

GS1 : Culture        

GS2: Polity        

GS2: Governance        

  • Academic research is necessary, but not sufficient(TH) One approach was proposed by NASA in the form of Technology Readiness Levels (TRL), a type of measurement system used to assess the maturity level of a particular technology. TRL-1 corresponds to observation of basic principles. Its result is publications. TRL-2 corresponds to formulation of technology at the level of concepts.

GS2: International relations      

GS3: Science & Technology       

GS3: Economy        

  • Explained: Why the RBI has left interest rates unchanged(IE) The RBI has claimed that cumulative reduction of 250 basis points in the repo rate since February 2019 is working its way through the economy, lowering interest rates in money, bond and credit markets, and narrowing down spreads.
  • Bank and the Covid pain(IE)  Private banks are only 30 per cent of deposits but 80 per cent of bank market capitalisation, 77 per cent of incremental deposits, and 77 per cent incremental loans.

GS3: Schemes    

GS3: Disaster Management        

PIB Corner