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12th June 2017 Part-2: Daily News Analysis
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Bad bank to solve the NPA problem

Jatin Verma is teaching live on Unacademy Plus

Jatin Verma
Have appeared in UPSC CSE thrice. Have been taking Unacademy Plus courses Academics- Polity, Economics & Current Affairs.

Unacademy user
Bhai u r the best when it come to explaining things so far u r one of the best educator in unacademy
Hi there, the explanation is crisp and good and if U can please do share the best link online available for say Bad Bank concept or say parts of GST, it might be much more helpful because there are vast resources available and not all are good and may be with ur insight u can choose a good one. Thanks for the good job U have put up.
Thanks for the wonderful explination sir. Is it enough to go through just these ppts for daily current affairs .do we need to look in to some other things as well?if need to gothrough some other articles as well please list them out it would be of great help.
Thanks a lot Sir.. U r doing an amazing job ! There seems no need to read the newspaper after going through your analysis. Very well structured with additional info like imp articles in news. very helpful. Kindly continue
article 105 gives freedom of speech in parliament to MP's and also gives them immunity against proceedings in courts. It defines various powers and privileges of the houses of parliament and the members thereof.
  1. DAILY THE HINDU NEWS ANALYSIS JUNE 12, 2017 By Jatin Verma, Educator, Unacademy. unacademy

  2. .Not interested in second term as A-G, says Rohatgi The Attorney General for India is the Indian government's chief legal advisor, and its primary lawyer in the Supreme Court of India. He is appointed by the President of India under Article 76(1) of the Constitution and holds office during the pleasure of the President. Attorney General is not a full time Government servant. He is an advocate of the government and is allowed to take up private practice, provided the other party is not the state. He has the right to speak and take part in proceedings of both the houses of parliament including joint sittings. However, he cannot vote in parliament. Attorney general can also become a member of any parliamentary committee but in the committee, he cannot vote. . Attorney General has all the powers and privileges of an MP. . Attorney general has right of audience in all courts within the territory of India In Britain the Attorney General is a member of the Cabinet. n India Attorney General is not a member of the cabinet and in cabinet, there is a Minister of law.

  3. India, Israel set to expand defence ties. . As India and Israel celebrate 25 years of their diplomatic relations, Tel Aviv has quietly emerged as one of the largest and trusted suppliers of defence equipment to the Indian armed forces, which rely heavily on imports. . After protracted negotiations, the two countries are close to concluding a deal for Spike Anti- Tank Guided Missiles. This will be the latest in a series of big-ticket defence deals approved recently Navy Chief and Chairman of the Chiefs of Staff Committee left on a four- day visit to Israel to continue the "high-level defence exchanges." continue the "high-level defence exchanges! . The purchase of Spike missiles was approved by the Defence Acquisition Council (DAC) in October 2014, but negotiations on the contract ran into trouble over cost and technology transfer The 3,200-crore deal includes 8,000-plus missiles, 300-plus launchers and technology transfer.The deal is likely to expand as the Army intends to equip its 382 infantry battalions and 44 mechanised regiments with new missiles.

  4. . Diplomatic Relations: lished full diplomatic ties with Tel Aviv on January 29, 1992, Israel has made in-roads into the Indian defence sector, earning praise for reliability and technological sophistication. It is well entrenched in the areas of Unmanned Aerial Vehicles, air defence systems, special forces equipment and electronic warfare equipment


  6. Page 12 World News: Iran sends five planes with food for Oatar Geography: The Arabian Peninsula is essentially a huge, tilted block of rock, highest in the west and sloping gradually down to the east. Most of this slab of rock is covered with the sand of several large deserts. Saudi Arabia's landscape also contains mountain ranges, flat coastal plains, and the rocky remains of hardened lava flows. The country's climate is hot and dry, and there are no permanent rivers or lakes. Jabal Sawda is a peak located in Saudi Arabia, with an elevation of around 3,000 metres (9,843 ft). Most authorities claim that the peak, with a questioned elevation of 3,133 m, is the highest point in Saudi Arabia,

  7. Sand dunes: A dune is a hill of loose sand built by wind or the flow of water. Dunes occur in different shapes and sizes, formed by interaction with the flow of air or water. Most kinds of dunes are longer on the windward side where the sand is pushed up the dune and have a shorter "slip face" in the lee of the wind. The valley or trough between dunes is called a slack. Empty Quarter:name for a vast sand sea spread across Saudi Arabia, Oman, Yemen, and the United Arab Emirates. Extending over 660,000 square kilometers (255,000 square miles), this is the world's largest erg.

  8. GST:Audit issue for businessmen The mandatory audit provisions released by the Government will only add to the cost of and time taken for compliance. Under the rules, every registered taxpayer with an annual turnover of more than 2 crore has to get his or her accounts audited by a chartered accountant or a cost accountant and provide explanations for any discrepancy between the returns filed under GST and the audited financial statements. he shall furnish a copy of audited annual ac- counts and a reconciliation statement, duly certified electronically through the Common Portal either directly or through a Facilita- tion Centre One question that is un-answered is whether the Government is expecting re-conciliation with the state- wise audited financial state- ments? As a matter of prac- tice, no company prepares state-wise audited financial statements

  9. Finance Ministry debating bad bank concept: Jaitley CII WORLD ECONOMIC RLD WOR CII UM AMBAN NPAs BAD BANK