Be Happy, Share & Help Each Other!!! - StudyIQ possibilities for time bound resolution of issues related to stressed assets. Securitisation and Reconstruction of Financial Assets and

Be Happy, Share & Help Each Other!!! Copyright @ Study-IQ education, All rights reserved

Be Happy, Share & Help Each Other!!!

Copyright @ Study-IQ education, All rights reserved



Back to basics

Intro:-Dip in GDP growth in the January-March quarter points to the need for a policy reboot. Estimates put out by the Central Statistics Office. Centre’s decision to demonetisation. GVA (gross value added) from agriculture and government spending, real GVA grew by just

3.8% in the fourth quarter, down from 8.4% in the first indicating that private spending and investment collapsed.

Gross value added (GVA) is the measure of the value of goods and services produced in an area, industry or sector of an economy, in economics.

GVA + taxes on products - subsidies on products = GDP GVA = GDP + subsidies - (direct, sales) taxes Monetary policy vs Fiscal policy Twin stress on banks’ and their borrowers’ Banking Regulation (Amendment) Ordinance, 2017 on May 4 Enables the Union government to authorise the Reserve Bank of India (RBI)



Be Happy, Share & Help Each Other!!!Continue… Insolvency and Bankruptcy Code (IBC), 2016 has opened up

new possibilities for time bound resolution of issues related to stressed assets.

Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI) and Debt Recovery Acts

Returning to the 8% growth mark is going to be a big challenge.

While the government has vigorously underlined its reform achievements of the last three years, such as the Goods and Services Tax that rolls out in July, a mission-mode reforms reboot is urgently needed.


Be Happy, Share & Help Each Other!!!Continue…Copyright @ Study-IQ education, All rights reserved


Pharma lobby strikes

Intro:- Pharmacies across the country went on a one-day strike this week To highlight their concerns about the threat from e-pharmacies. Traditional pharmacies have been knocking at the doors of the government for some time now as

they face intense competition from e-pharmacies. e-pharmacies that often offer medicines at cheaper prices. The strike, called by the All India Organisation of Chemists and Druggists Intention to protect the business interests of traditional brick-and-mortar pharmacies, Even if it comes at the cost of the consumer’s interest. The AIOCD has repeatedly accused e-pharmacies of a wide range of malpractices, 1)-Including selling fake drugs and 2)-Enabling self-medication Issues to seek a ban on the sale of drugs online


Be Happy, Share & Help Each Other!!!SolutionsMinistry of Health and Family Welfare proposed the setting up of an e-portal to track and

regulate the sale of drugs across the retail chain. Aim was to prevent the sale of fake and substandard drugs Substantial share of India’s drug market.Ministry’s proposal to bring both traditional and e-pharmacies under the ambit of the e-portal to

track drugs is a welcome move. The huge potential for ecommerce in the retail drugs industry The Drugs and Cosmetics Act, 1940, and the Drugs and Cosmetics Rules, 1945



How to share intelligence

Intro:- United States currently gives an impression of being at war with itself. Series of charges against President Donald Trump- Elections Dismissal of Federal Bureau of Investigation (FBI) Director James Comey, has only aggravated

this situation.What has led to a fractured society in the U.S. today Democracy needs sensitive handling. U.S. Contact with other foreign diplomats was acceptable, but not with the Russians 1)-Saudi Arabia and Israel, 2)-North Atlantic Treaty Organisation and Europe, 3)-China and the policy towards North Korea 4)-Paris climate agreement India have been victims of such inadequate provision of intelligence by friendly countries. Democracies everywhere, there are lessons to be learnt from the present imbroglio(उलझन)


Be Happy, Share & Help Each Other!!!Continue… U.S. The need to maintain a balance between the 1)-Government, 2)-The judiciary and the legislature, 3)-The media, 4)-Interest groups and 5)-Various elements in society is vital.Without this, the functioning of government and institutions would become highly

untenable(असमर्थनीय).


Be Happy, Share & Help Each Other!!!News Analysis… Page-1- Jadhav safe till mercy plea hearing Pakistan on Thursday said Kulbhushan Jadhav, the former Indian naval

commander who has been sentenced to death by a military court here for espionage and terrorist activities, will not be executed unless he has exhausted his mercy pleas.

Page-1,10- Jaitley blames services slump for drop in GDP The slowdown in the GDP in the fourth quarter of 2016-17 was not solely due to

demonetisation. “There was some slowdown even prior to demonetisation. There was an impact of global factors.


Be Happy, Share & Help Each Other!!!Continue… Page-1,10,15- Historian Guha quits BCCI panel Historian Ramachandra Guha, one of the four members of the Committee

of Administrators (CoA) appointed by the Supreme Court to run the BCCI. Committee’s chairperson and former Comptroller and Auditor General

Vinod Rai Cites personal reasons Committee was meant to function as the interim boss of the BCCI and run

the day-to-day administration of the cricket body till the Lodha reforms were fully implemented, and elections held.


Be Happy, Share & Help Each Other!!!Continue… Page-7- Rajasthan leads in child marriages Decline in child marriage across the country, a study of the 2011 Census National Commission for Protection of Child Rights, revealed that

Rajasthan has the highest incidence The study, released by Justice A.K. Sikri of the Supreme Court 2.5% of the girls in Rajasthan got married before the legal age of 18. 4.69% of boys marrying below the legal age of 21.Meghalaya, Arunachal Pradesh, Bihar, Uttar Pradesh, Gujarat, Madhya

Pradesh, West Bengal, Maharashtra and Karnataka, reported higherpercentage of child marriages among boys than the national average.

Terming it a violation of the fundamental right to a dignified life[Q-U/A-?], as guaranteed by the Constitution.


Be Happy, Share & Help Each Other!!!Continue… Page-11- India, Russia ink nuclear plant pact India and Russia have signed the much-awaited agreement on

setting up two more units of a nuclear power plant in Tamil Nadu and decided to give a “new direction” to the defence cooperation between the two “great powers”.

First tri-Services exercises, named ‘Indra-2017,’ this year and startjoint manufacture of frigates, adding to the co-productionof Kamov-226 military helicopters.

Vision document strongly condemns terrorism in all its forms “mutual love, respect and strong trust” India to join SCO within a week: Putin- going to meet in Kazakhstan

(for SCO)” where India’s membership will be confirmed.


Be Happy, Share & Help Each Other!!!Continue… Page-13- Manipulation probes by SEBI hit a new high The market watchdog probed 174 cases between April

and December 2016, the highest in any fiscal so far. This was the highest in the last seven financial years

since data had been made available. This was also the first time that the number of such

cases had exceeded 100 in a fiscal. The previous high was 86 in 2012-13.


Be Happy, Share & Help Each Other!!!Continue… Page-14- Internet usage rises 28% in 2016: report Data prices have fallen more than 48% However, Internet penetration still stands at 27% Indians spent 150 billion hours between 2014-16 on Android phone Biggest downloaders of applications from Google Play with more than six billion downloads

during the two-year period. In India, little less than 80% of Internet usage happens via mobiles as opposed to the global

average of 50%.

Page-14- Saudi-Russia detente heralds new oil order OPEC kingpin Saudi Arabia and non-OPEC Russia led a global pact to extend a crude output cut

to prop up prices. Possible ways of cooperating in Asia, such as Indonesia and India, as well as in other markets.



Q- Ans… Pratham –NGO- Annual Status of Education Report(ASER) Estb-1994 HQ- MumbaiMadhav Chavan and Farida Lambay

Fundamental Rights- Part III of Constitution of India-(u/a-12-35) Directive Principles of our State Policy (DPSP)-Part IV-(u/a-36-51) Fundamental Duties- Part IV-A- (42nd Amendment in 1976)

Durand Line- Between Pakistan & Afghanistan

2nd -Administrative Reforms Commission- 2005 Veerappa Moily- Chairperson




Documents

Be Happy, Share & Help Each Other!!! - StudyIQ possibilities for time bound resolution of issues related to stressed assets. Securitisation and Reconstruction of Financial Assets and