UPSC Prelims 2025 Special: Revision Checklist for important Economy topics — tick off in your current affairs notes (Part 2)

Systemically Important Banks (SIBs) are perceived as banks that are ‘Too Big To Fail (TBTF)’ and their continued functioning is crucial for the uninterrupted availability of essential banking services to the real economy. — Banks are classified into distinct categories based on their systemic importance score. The RBI has classified SBI into bucket 4, HDFC Bank in … Read more

The world this week | India unveils new doctrine for its war on terrorism; US-China trade truce eases markets; Trump’s Gulf tour yields deals worth $10 trillion

India outlines a new 3-point doctrine for its war on terrorism; US-China trade truce eases fears of a potential recession; “large Indian trade” delegation to visit the US; Trump seals $10 trillion economic and defense deals during his Gulf tour and announces to lift US sanctions on Syria – here’s a roundup of key global … Read more

UPSC Prelims 2025 Special: Revision Checklist for important Economy topics — tick off in your current affairs notes (Part 2)

Systemically Important Banks (SIBs) are perceived as banks that are ‘Too Big To Fail (TBTF)’ and their continued functioning is crucial for the uninterrupted availability of essential banking services to the real economy. — Banks are classified into distinct categories based on their systemic importance score. The RBI has classified SBI into bucket 4, HDFC Bank in … Read more