Special Purpose Acquisition Company (SPAC)
Context: US Securities and Exchange Commission (SEC) has alerted investors regarding SPACs, or special purpose acquisition companies. Background The SPACs are
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Simplified UPSC
SIMPLIFY-STUDY-SUCCEED
The Insurance (Amendment) Bill, 2021
Context: The Insurance (Amendment) Bill, 2021 was introduced in Rajya Sabha by the Minister of Corporate Affairs, Ms. Nirmala Sitharaman,
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Additional Tier-1 (AT1) Bonds
Context: The decision of the Securities and Exchange Board of India (SEBI) to slap restrictions on mutual fund (MF) investments
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Prompt Corrective Action Framework
Context: The Reserve Bank of India has taken IDBI Bank Ltd out of its prompt corrective action list after it found the
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Banks Board Bureau
Context: The Banks Board Bureau (BBB) may be entrusted with the job to select MDs and DMDs of a proposed
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Insurance Ombudsman
Context: The government has amended insurance ombudsman rules. New rules: Bringing insurance brokers within their ambit Allowed policyholders to file
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Indian Banks Association
Context: The Indian Banks’ Association (IBA) has begun identifying bad loans which can be transferred to the Centre’s proposed bad bank. The
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Government Securities (G-Secs)
Context: The Reserve Bank of India (RBI) has given small investors direct access to its government securities trading platform. Now,
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Key Highlights of Union Budget 2021-22
Ministry of Finance Presenting the first ever digital Union Budget, Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman stated
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