Daily Current Affairs for UPSC – 25th Feb 2016

Daily Current Affairs For UPSC Civil Services. News analysis – 25 February 2016   India is the world’s largest arms importer for 2011-2015 India accounted for 14% of the global arms imports in the 2011-2015 time-frame, as revealed by a report on international arms transfers released by a global think-tank, Stockholm International Peace Research Institute (SIPRI). What is SIPRI?:Stockholm International Peace Research Institute (SIPRI) is an independent international institute dedicated to researchRead More

Gold Monetisation and 2 other Gold Schemes launched- UPSC notes

Three new Gold Schemes Launched By Union Government: As a part of Union Budget 2015-16, Union Government  launched three gold related scheme viz Gold Monetization Scheme (GMS), Sovereign Gold Bond Scheme (SGBS) and Indian Gold Coins (IGC). These ambitious schemes were launched to reduce the physical demand for gold and fish out 20,000 tonnes of the precious metal lying idle with households and institutions. Gold Monetisation Scheme (GMS) 2015 GMS 2015Read More