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25th October 2018 Part-3: Daily News Analysis
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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.

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Answers bas send karne hain, Ya feedback bhi milega?🙊 Sir, i have to write mains of some state pcs this year. I look forward for your guidance, if you could!
Thank you sir 🙏 but hmare pahle k answers ab tak pending hai...
Thank you sir, you are awesome.
thank uhh so much Sir
  1. want fo be start but th Page 10: Tribunal to try benami cases soon The government approved setting up of the Appellate Tribunal and Adiudicating Authority for speedy disposal of cases related to benami transactions The decision was taken at the Union Cabinet meeting chaired by Prime Minister. . Earlier this month, the government had notified sessions courts in 34 States and Uniorn . reve Territories, which will act as special courts for trial of offences under the benami transaction law. The Adjudicating Authority and Appellate Tribunal will be based in Delhi ink h cause ferent pu kand stay

  2. want fo be start but th Page 10: Israel, India sign $777 mn missile deal Israel Aerospace Industries (IAI) has signed a $777 mn deal with Bharat Electronics Limited (BEL) to supply additional Barak-8 Long Range Surface to Air Missile (LRSAM) systems for seven warships of the Indian Navy The total orders for LRSAM systems have crossed over S6 billion. The LRSAM can intercept aerial targets up to a range of 80 km It is being co-developed by the DRDO in India and IAI, and will be manufactured by Bharat Dvnamics Limited cause ferent pu kand stay

  3. want fo be start but th Page 13: RBI may make some changes in PCA norms The Reserve Bank may make some changes in the Prompt Corrective Action (PCA) framework that put restrictions on financially weak banks . The changes could be made in the next few weeks after taking into account various aspects hand in the larger interest of the banking system, adding that the recent RBI board meeting he had a discussion on the issue. As many as 11 out of 21 banks are under the RBI's watchlist. Of these, Dena Bank and Allahabad Bank are facing restrictions on expansion of business. Last month, State-run banks had requested the government for relaxation in PCA guidelines as these were indirectly impacting their lending ability. However, RBI Deputy Governor said earlier this month that imposition of the PCA was essential for the revival of financially weak banks and deepening reforms in the banking space. With the resolution of large NPA cases getting closure to conclusion, the Finance Ministry expects that realisation from the proceeds may help some of the banks to come out of Prompt Corrective Action (PCA) framework this fiscal cause t ferent . PLI kand stay

  4. want fo be start but th PCA Framework RBI has specified certain regulatory trigger points for initiation of certain structured and discretionary actions in respect of banks hitting such trigger points. The PCA framework is applicable only to commercial banks and not extended to co- e operative banks, non-banking financial companies (NBFCs) and FMIs. The trigger points are in terms of three parameters, i.e. . 1. capital to risk weighted assets ratio (CRAR) 2. net non-performing assets (NPA) 3. Return on Assets (RoA) cause ferent pu kand stay

  5. want fo be start but th Page 13: Auditors must keep an eye on funds use in unlisted entities' Proper monitoring of end use of funds even at the last level of corporate structure is important to avoid instances like IL&FS, said Ajay Tyagi, Chairman, Securities and Exchange Board of India (SEBI) While speaking at a seminar organised by Crisil on developing the debt market, the SEBI e*chief highlighted the recent regulatory diktat that made such audit mandatory for listed firms * and suggested that similar framework should be made for unlisted companies. Referring to the imbroglio at IL&FS, he said, it has brought out the inter-connectedness arising as a result of complex corporate subsidiary structures and how the maze of subsidiaries facilitate masking the end use of funds. Recently, SEBI has mandated that the statutory auditor of a listed entity shall undertake a limited review of the audit of all the entities/ companies whose accounts are to be consolidated with the listed entity. Similar provision needs to be made applicable even for i unlisted holding companies. IL&FS, which is in the midst of a liquidity crisis, is an unlisted entity with as many as 348 subsidiaries and debts totalling nearly 90,000 crore. . cause ferent pu . kand stay

  6. want fo be start but th Earlier this month, the National Company Law Tribunal ordered the reconstitution of the board of directors of IL&FS after the government highlighted concerns of a "catastrophic" impact on the financial markets if IL&FS defaulted on its future payment obligations and the high leverage levels of the company. plFillip for bond market eThe SEBI chief also said that the corporate bond market could get a fillip if sectoral regulators of pension funds, provident funds and insurance firms could allow their regulated entities higher exposure in the segment. "Institutional investors such as pension funds, provident funds and insurance companies can generate far higher demand for longer dated corporate issuances. "They are, however, guided by investment norms prescribed by respective sectoral regulators," he said, adding that relaxation of norms to allow higher allocation to the corporate bond market would help earn incremental returns and generate demand for corporate bonds More importantly, he said that since these institutions are long-term investors and typically hold investments till maturity, they can act as ideal counter parties to infrastructure firms that require funding through longer-dated instruments cause t ferent PLI kand stay

  7. .dI 8196 11:56 Thank you Jatin Verma 155k Followers Follow Ratings & Reviews Roman Saini A great course by Jatin Verma where he has literally covered all the important news from The Hindu. Must watch. Mohit Rai If i achieve my aim, my first salary will go to this great individual making this great informative and well-researched videos. I should take this opportunity to thanlk and congratulate him for the wonderful work he is doing for all the aspirants. He is meticulous and almost perfect in his approach and understanding. Please keep making such videos as a single 26k Enrollments Enroll