Memorable Points Archive 11

Groups Below Poverty Line:
The Adivasis are the most vulnerable group with nearly 50% below the poverty line…(followed by) the Dalits and Muslims with poverty rates of 32% and 31%, says the Indian Human Development survey conducted by the NCAER and University of Maryland of the US.
SC order on Muslim quotas opens doors for Muslims in Andhra Pradesh. Reservation for backward Muslims in government jobs exists in Kerala, Bihar and Karnataka, Tamil Nadu. West Bengal also has 10% quota for backward Muslims. However Uttar Pradesh , which has largest Muslim population has no such quota.

Points of Presence in National Knowledge Network
The NKN will have about 25 core Point of Presence (PoPs) and 600 secondary PoPs. In the initial phase, a core backbone consisting of 15 Points of Presence (PoP) have been established with 2.5 Gbps capacity. Around 40 institutions of higher learning and advanced research have already been connected to the network and six virtual classrooms set up. The NKN will have about 25 core PoPs and 600 secondary PoPs. It will connect around 1,500 institutions. Core network will be completed within two years.

India in Top Ten Industrial Countries:
Yearbook of Industrial Statistics 2010 says that in 2009, India overtook Canada, Brazil and Mexico and moved up to the ninth position, three places up from the 12th position it held in 2008. The top 10 are the U.S., China, Japan, Germany, the Republic of Korea, France, Italy, the U.K., India and Brazil. U.S., China, Japan account for 50% of world’s manufacturing output.

Some Indian Banks in Singapore:
State Bank of India is there since 1977, ICICI Bank got license in 2003, Bank of India is since June 1951, Uco Bank is since April 1951, Indian Overseas Bank Since February 1941 and Indian Bank since April 1941, Bank of Baroda September 2006

Trigger Point of Economic Slowdown:
In October 2008 happened the collapse of investment bank Lehman Brothers in the US and it has rattled the Indian financial system as well.

IDEAS Scheme
Government of India Supported lines of credit (LOCs), routed through EXIM Bank of India to countries of Asia (Excluding Bangladesh, Nepal, Bhutan) Africa, CIS region and Latin American region which are being extended under the Indian Development and Economic Assistance Scheme (IDEAS)

Three Trigger points to Invite RBI to take Prompt Coercive Actions
Please keep in mind the 3 trigger point that invite RBI to take Prompt Coercive Actions against Banks. They are low capital adequacy ratio, high non performing assets and low profit.

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