Provisioning
Reserve Bank of India (RBI) has released a draft guidelines regarding provisioning for lenders who undertake project finance.
- As per RBI guidelines, lenders shall maintain 5% provisions on exposures to projects under implementation at various stages.
- Provisioning – Banks in India have to set aside funds for a percentage of their assets.
- Bank sets aside a prescribed amount of money from their profit to compensate for probable loss.
Virtual Touch
Delhi HC has said that the Minors must be taught about ‘virtual touch’ to recognise risks in cyberspace.
- Involves teaching appropriate online behavior, recognizing predatory behavior warning signs, and understanding privacy settings and online boundaries.
- Promotes critical thinking skills for assessing online contacts.
- Just as good and bad touch in the physical world, Virtual touch is an essential concept for minors in the digital age.
Tileswari Barua
Assam to honour 12-yr-old who died hoisting flag in 1942.
- Born in – Assam.
- She was shot by the British on September 20, 1942, during the Quit India Movement while attempting to hoist the Tricolour.
- This incident is sometimes called as Dhekiajuli martyr
- Procession of freedom fighter to hoist flag is known as ‘Mrityu Vahini’ which was led by Monbor Nath
Darfur crisis
UN has said that people have been eating ‘grass and peanut shells’ in Darfur due to hunger crisis in Sudan.
- Issue – Civil war in Sudan has ensued with clashes between the Sudanese army and Rapid Support Forces (RSF)
- Darfur – Region of western Sudan
- Borders – Libya, Chad, and the Central African Republic.
Sahyadri Tiger Reserve
Maharashtra plans to relocate tigers to the Sahyadri Tiger Reserve from Tadoba-Andhari Tiger Reserve in Chandrapur district.
- Located in – Sahyadri Ranges of Western Ghats in Maharashtra.
- Reserve was notified in 2010 amalgamating Koyana Sanctuary and Chandoli National Park.
- Habitat – Composed of woodlands, grasslands, and plateaus