GS PAPER-3

OPPORTUNITY IN CRISIS

  • Avantika 

TOPIC- GS PAPER-3 ; INDIAN ECONOMY Why in News: Given India’s population density and modest health infrastructure, the government had no option but to order a complete lockdown when corona virus reached India’s shores. As the country stayed indoors, the economy was dealt a crushing blow.… Read More »OPPORTUNITY IN CRISIS

BAD BANKS

Why in News: The Indian Banks’ Association has pitched the idea of creating a ‘bad bank’ to help lighten the load of stressed assets on the books of Indian lenders. Bad Bank • Technically, a bad bank is an Asset Reconstruction Company (ARC). • When… Read More »BAD BANKS