What is tokenization? What are the challenges and way ahead for this unique RBI initiative?

Tokenisation is the process of replacing actual credit and debit card information with an alternate code called ‘token’. A tokenized card transaction is considered safer as the actual card details are not shared during the transaction..This token is unique for ..

How does SEZ concept help investors in India? Enumerate the features of the Special Economic Zones (Amendment) Bill, 2019.

SEZ are set up under Special Economic Zones Act, 2005.These are as duty free enclaves to be treated as foreign territory. SEZ are allowed for manufacturing, trading and service activities. The SEZ model was inspired by China�s SEZs. Benefits for ..

Do you think as per the international standards, GST which has taken two years to stabilise has really done well in terms of revenue yield? Comment.

GST, when launched in India, was a game-changer reform aimed at boosting revenue and also bringing lasting changes to the indirect tax regime of India and also bring in to India an era of increased compliance. It was basically introduced ..

Stunting is a manifestation of malnutrition. Can it be addressed with the rapid economic growth?

UNICEF defines stunting as a condition where the height for age is below minus two standard deviations (moderate and severe stunting) and minus three standard deviations (severe stunting) from the median of the WHO Child Growth Standards. The World Bank estimates ..

Substance Abuse Turns Out To Be A Major Problem In India

The National Crime Record Bureau, under the Ministry of Home Affairs, has published a survey on the extent of substance abuse in India. The data collected shows a total number of 874, 750 and 778 people have died during 2014, ..

Except in the case of collective responsibility of the Council of Ministers and certain financial matters, Both Rajya Sabha and Lok Sabha enjoy equal powers. Explain.

Under article 75(3) of the Constitution, the Council of Ministers is collectively responsible to Lok Sabha which means Rajya Sabha cannot make or unmake the Government. It can, however, exercise control over the Government and this function becomes quite prominent, ..

Discuss the importance of the Gupta temple in the development of Indian architecture.

Of the religious monuments of the Gupta period the foremost is the Gupta temple. It was an independent structure built of dressed stone blocks placed together, which afforded ample scope for the exercise of the architect’s genius.Another feature of the ..

The Competition Commission of India (CCI) has imposed a fine on tech giant Google. In this context, discuss the role of CCI. Also, compare CCI’s actions with the US and EU regulators to curb monopolistic behaviors.

The Competition Commission of India (CCI) has imposed a penalty of Rs 1,337.76 crore ($162 million) on Google for abusing its market dominant position in multiple categories related to the Android mobile device ecosystem in the country. Competition commission of ..

What is the LiFE mission? How could it help India and other like-minded nations in its climate action?

The mission LiFE (Lifestyle For Environment) launched by the Prime Minister of India during COP26 is an initiative to make the fight against climate change democratic, such that everyone can contribute to it within their capacity. Mission LiFE: It is ..

What measures have been taken by the government to tackle spike in onion prices?

To tackle the increasing price of onions the government has taken measures such as imposing of a minimum export price (MEP) of $850/tonne, followed by a central team of bureaucrats visiting Lasalgaon which is India’s largest wholesale market of onions, ..