7th June 2018 Current Affairs


RBI to set up a public credit registry for information on borrowers

  • The Reserve Bank of India (RBI) will set up a Public Credit Registry (PCR) as a repository of information.

  • The PCR will have a loan information on individuals and corporate entities.

  • The move is made to bring all the information on borrowers under one single repository.

IIT Bombay displaces IIT- Delhi as the highest ranked Institution

  • IIT Bombay has been ranked as one of the best institution, as per the latest QS World University Rankings.

  • IIT- B displaces IIT Delhi, which previously top spot in the country in the rankings.

  • IIT- B climbed 17 places (up to 162 Ranks), the next is IIT- Bangalore which gained 20 positions to land 170 rank.

  • IIT- Delhi remains in the 172nd position.

Election Commission launches its online RTI Portal

  • The Election Commission has launched its own RTI Portal- www.rti.eci.nic.in

  • The portal will help the applicants seeking information under the Right to Information Act.

  • The Portal will also serve as a platform to reply the applications online, and there will be a timely notification alerts to the RTI applicants via SMS, and e-mail.

  • There is no online payment gateway for making the payment of requisite fees under the RTI Act.

Centre constitutes group to suggest changes in SEZ Policy

  • The Centre has constituted a group headed by Bharat Forge’s Baba Kalyani to study the Special Economic Zones (SEZ) Policy.

  • The group will also suggest some measures to make it more relevant for the exporters and compatible with the World Trade Organization (WTO) Norms.

  • The SEZ Act was passed in the year giving tax incentives to the investors.

  • A few incentives under the SEZ Policy have been challenged at the WTO by the US. They may need to be replaced by other sops.

  • The group will submit its recommendations in three months.

India records 22% reduction in the maternal mortality ratio since 2013.

  • India has registered a big deadline in the Maternal Mortality Ratio (MMR)- in deaths since 2013.

  • According to the Sample Registration System Bulletin- the MMR in India is reduced from 167 in 2011-13 to just 130 in 2014-16.

  • MMR is defined as the ratio of the maternal deaths per 100, 000 (1 Lakh) live births during a given period of time.

  • According to the Sample Registration System Bulletin, in Southern States the MMR has decreased from 115 to 93.

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Upasana Pradhan

Hello, my name is Upasana Pradhan, I’m currently working as a Content Writer. I have done my Masters in Electronics and Communication from Delhi Technological University, Delhi. I always had a passion for writing. Apart from that, I love listening music, hanging out with friends, Cooking and Shopping.

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