RBI Conducts $10 Billion Dollar/Rupee Swap Auction

The Reserve Bank of India (RBI) has announced $10 billion three-year dollar/rupee swap auction. Scheduled for February 28, this initiative aims to address the persistent liquidity deficits within the banking system. The RBI’s recent actions reflect a proactive approach to ..

Month: Current Affairs - February, 2025

Category: Economy & Banking Current Affairs

Bathouism Recognized as an Official Religion in Assam’s BTR

The Bodoland Territorial Region (BTR) government in Assam has recently included Bathouism as an official religion option in various application forms. This decision has garnered praise from experts in the field of Bodo culture and traditional faith. Union Home Minister ..

Month: Current Affairs - February, 2025

Category: Art & Culture Current Affairs

Sinking of Iraq’s Zagros Mountains

Recent geological studies have revealed that the northern region of Iraq, particularly around the Zagros Mountains, is experiencing slow but geological changes. A research team has identified a sinking oceanic slab beneath the Earth’s surface that is gradually pulling this ..

Month: Current Affairs - February, 2025

Category: Science & Technology Current Affairs

UPSC Current Affairs Quiz: February 22, 2025

1. With respect to solar coronal holes, consider the following statements: Coronal holes are associated with high-speed solar winds that can impact Earth’s magnetic field. Coronal holes were first discovered using infrared satellites in the 1980s. Which of the above ..

India Takes Chairmanship of Bay of Bengal Organisation

India has recently assumed the Chairmanship of the Bay of Bengal Inter-Governmental Organisation (BOBP-IGO) from Bangladesh. This transition took place during the 13th Governing Council Meeting held in Malé, Maldives. The event was part of a high-level conference focused on ..

Month: Current Affairs - February, 2025

Category: Summits and Conferences

Recent Controversies About Ex-Gratia Payments

The recent ex-gratia compensation disbursal to the families of victims from the New Delhi railway station stampede has sparked debate. The Ministry of Railways provided cash payments of Rs 10 lakh to the next of kin of the deceased. This ..

Month: Current Affairs - February, 2025

Category: Legal & Constitution Current Affairs

Working Hours and Economic Impact in India

A working paper titled ‘Time Spent on Employment-Related Activities in India’ was recently released by the Economic Advisory Council to the Prime Minister.  The analysis is based on the 2019 Time Use Survey conducted by the Ministry of Statistics and ..

Month: Current Affairs - February, 2025

Category: Economy & Banking Current Affairs

Daily Current Affairs Quiz: February 22, 2025

1. Which state has recorded the highest number of bird species during the Great Backyard Bird Count? [A] Gujarat[B] Assam[C] West Bengal[D] Madhya Pradesh Show Answer Correct Answer: C [West Bengal] Notes:The Great Backyard Bird Count (GBBC) is a major ..