Yearly Membership Plan @499 INR

Upcoming Olympiads

Log In Sign Up

Notification

Coming Soon

Welcome to the Current Affairs Section.

Welcome to the Current Affairs Section of BSC Academy. Get Daily & Latest Current Affairs 2021 for government job exams, UPSC, IAS/PCS, Banking, IBPS, SBI, RBI, SSC, Railway, UPPSC, BPSC, MPPSC, MPSC, KPSC, TNPSC, RPSC, UKPSC, APPSC and other competitive exams.

Trending Current Affairs

Ron Stander, ‘Bluffs Butcher,’ dies; fought Frazier in 1972

Friday March 11, 2022

Ron Stander, whose fight against unbeaten world heavyweight champion Joe Frazier in 1972 was the highlight of his 13-year career, has died. He was 77.

Read More..

ICC Test Rankings: Jadeja becomes World No.1 all-rounder

Friday March 11, 2022

Jadeja was named player of the match for his show against Sri Lanka in Mohali, where India triumphed under three days by an innings and 222 runs.

Read More..

'Mankading' no more unfair play, MCC amends code to designate it as run out

Friday March 11, 2022

The MCC also said that using saliva to shine the ball would be treated as an unfair practice.

Read More..

India's Lines of Credit to neighbours increased more than fourfold since 2014 to $14.7 billion

Thursday March 10, 2022

Commerce and Industry Minister Piyush Goyal said during the inaugural session of the India-Bangladesh Stakeholders meet.

Read More..

India's Lines of Credit to neighbours increased more than fourfold since 2014 to $14.7 billion

India’s Lines of Credit (LOC) to its neighbours have increased more than fourfold since 2014. From $3.27 billion in 2014, it rose to $14.7 billion in 2020. The bulk of India’s worldwide soft lending, almost 50 per cent of India’s global envelope, goes to its partners in the neighbourhood. The largest concessional credit given by India to any single country has been to Bangladesh.

Commerce and Industry Minister Piyush Goyal said during the inaugural session of the India-Bangladesh Stakeholders meet.

Sri Lanka too has been majorly dependent on loans from India, due to its failing economy.

Sri Lanka has received support totalling over $1.4 billion of which $400 million was a currency swap and $500 million was loan deferment and $500 million LOC for fuel imports. A further $1 billion assistance under negotiations is being processed which is likely to be cleared by the time Sri Lanka’s Finance Minister Basil Rajapaksa visits India later this month.

The other countries that have received LOCs in the neighbourhood are Nepal ($1.65 billion), Myanmar (476 million) and Maldives ($1.3 billion).

"The Neighbourhood First Policy, at the instance of the Prime Minister, accords the highest priority to our relations with Afghanistan, Bangladesh, Bhutan, Nepal, Maldives, Myanmar, Pakistan and Sri Lanka. It is these countries - with the

exception of Pakistan - that we work most closely with," said Foreign Secretary Harsh Vardhan Shringla, while speaking about India’s neighbourhood at the Lal Bahadur Shastri National Academy of Administration

Development assistance in the form of concessional LOCs is extended by India under the Indian Development and Economic Assistance Scheme (IDEAS) through the Exim Bank of India.

In all, 306 LOCs worth $30.59 billion have been extended to 65 countries across the globe. The projects cover infrastructure, power generation, irrigation, healthcare and capacity building. Until now, 322 LOC projects have been completed and 277 are under implementation.

Naga political panel asks Nagaland government to leave dialogue to Centre, negotiators

Thursday March 10, 2022

Ahead of the state-sponsored consultative meet on Naga political issue, the Working Committee of Naga National Political Groups (WC NNPGs) has asked the government to leave the peace talks to the Centre and the negotiators.

Read More..

Third tranche of 2000 MT wheat leaves India for Afghanistan

Thursday March 10, 2022

India on Mar 8 has sent 2,000 metric tonnes (MT) of wheat to Afghanistan, as a part of its humanitarian aid to the neighbouring country. India has committed to provide 50,000 MT of wheat, which will be distributed by the UN World Food Programme.

Read More..

Ukraine aid grows to near $14 billion in $1.5 trillion in US government spending bill

Thursday March 10, 2022

A U.S. aid package for Ukraine and its Eastern European allies grew to around $14 billion as lawmakers put finishing touches on a $1.5 trillion government-wide spending bill that leaders hope Congress will enact by week's end.

Read More..

Gabriel Boric begins Chile presidency alongside student comrades

Thursday March 10, 2022

Former student leader Gabriel Boric will take on Chile's greatest challenge since the end of the Augusto Pinochet dictatorship when he is sworn in as the youngest president in his country's history on Mar 11 .

Read More..

Latest MCQs (Datewise)

Monthly GA MCQs JAN-2022

Current Affairs MCQs for IBPS Clerk Main Exam

Other Links

Coming Soon