Daily News Analysis

Inoperative account by RBI

05 Jan,2024 Download Pdf 1 Min Read

A savings or current account is treated as inoperative, if there are no ‘customer induced transactions’ in the account for a period of over 2 years.
A customer induced transaction can be a financial transaction initiated by or done at the
- Behest of the account holder by the bank or third party, or
- A non-financial transaction, or

A KYC (know your customer) updation done in face-to-face physical mode or through digital channels such as internet banking or mobile banking application of the bank.

Women in Armed Forces

The first-ever batch of 17 female cadets graduated from the National Defence Academy (NDA), marking a historic step toward greater gender inclusion in India's armed forces. Significance of

Share It

Global Tobacco Epidemic 2025

The World Health Organization (WHO) has released its tenth report on the Global Tobacco Epidemic 2025, highlighting the progress made in reducing tobacco use globally and pointing out areas that s

Share It

Special Rupee Vostro Accounts (SRVAs)

SRVAs are accounts opened by foreign entities with Indian banks that allow international trade transactions to be settled in Indian Rupees (INR) rather than traditional global currencies like the

Share It

WTO in Shaping Global Trade Dynamics

The World Trade Organization (WTO) plays a pivotal role in shaping the global trade environment by providing a multilateral platform for negotiating and enforcing trade agreements, ensuring that i

Share It

Cultural Appropriation

Cultural appropriation refers to the adoption of elements from one culture by members of another, often in ways that exploit, disrespect, or commodify the original culture. This becomes particular

Share It

Cultural Capital and Its Significance in India

Cultural capital refers to the non-economic assets such as education, knowledge, and cultural practices that contribute to social mobility. It was coined by French sociologist Pierre Bourdieu to e

Share It

QS World University Rankings 2026

India’s higher education system has shown significant improvement in the QS World University Rankings 2026, with a notable increase in the number of Indian universities ranked globally Ab

Share It

India's Semiconductor Market

India’s semiconductor industry is witnessing rapid growth and is expected to continue its upward trajectory, driven by several key trends and emerging opportunities. Market Size and Growth

Share It

Cess

A cess is an additional tax imposed by the Government of India for a specific purpose, as authorized under Article 270 of the Indian Constitution. It is levied on top of existing taxes or duties l

Share It

GIAHS Programme and India’s Agricultural Heritage

India, home to diverse agricultural systems, has recently gained recognition for hosting three Globally Important Agricultural Heritage Systems (GIAHS). This milestone was highlighted by the Minis

Share It