Economic GD Topics General GD Topics

Role of digitization in banking

What is meant by digitization :-
  • Digitization is the process of converting data into digital format. Digitalization means the adoption of technology. But these two words are being used interchangeably.
Role of digitization in banking :-
  • Banks are not just
Economic GD Topics

India’s fight against ‘Black Money’

What is Black money :-
  • Money earned through illegal ways and the money earned without paying taxes is called as ‘Black money’.
  • Black money doesn’t always stay black. If a parent uses his black money to pay his child’s fee,
General GD Topics Technology GD Topics

Is India prepared enough to handle cyber attacks?

Yes :-
  • National Technical Research organization (NRTO), which was formed in 2004, provides technical intelligence to internal and external security.
  • Computer Emergency Response Team(CERT)-India notifies concerned regarding cyber attacks, analyses the vulnerability.
  • National Cyber Security Policy, 2013 aims at protecting
India’s craze for gold
Economic GD Topics

India’s obsession with Gold – How it affects Indian Economy?

Background :-
  • India imports 40% of the World’s total production of Gold, making India as the top importer of Gold metal.
  • India imports approx 1000 tons of Gold per year.
  • The imports are mainly from China, USA, Australia, South Africa
direct benefit transfer
Economic GD Topics

Direct Benefit Transfer (DBT) Scheme – Pros and Cons

Background :-
  • Direct Benefit Transfer (DBT) Scheme’s aim is to transfer subsides, scholarships and other welfare benefits directly to the bank accounts of beneficiaries.
  • It was launched on 1st January 2013.
  • Aadhar cards – a unique identification cards based on