banking service chronicle magazine
banking service chronicle magazine published this article page no 29 conservation of marine genetic resources. 3. capacity building. 4. technology transfer. 5. crosscutting issues such as institutional structure and financial support. insta curious do you know about the convention on the high seas? reference read this. instalinks prelims link 1. about continental shelf. 2. about international seabed authority. 3. about unclos. 4. about eez. 5. what is pca? 6. treaty of the high seas. mains link discuss the significance the treaty of the high seas. 13. brics context leading media groups from the five brics countries (brazil russia india china and south africa) have put together a threemonth long training programme for journalists. the programme was an initiative of the brics media forum. about the brics media forum the forum was established in 2015 by media organisations from the five countries including the hindu brazils cma group russias sputnik chinas xinhua and south africas independent media. the forum was conceived and developed so that it can function as an independent initiative and set of practical activities undertaken within the broad framework of brics cooperation. what is brics? brics is the group composed of the five major emerging countries brazil russia india china and south africa. it together represents about 42% of the population 23% of gdp 30% of the territory and 18% of the global trade. the acronym bric was coined by economist jim oneill of goldman sachs in 2001 to indicate the emerging powers that would be alongside the united states the five largest economies of the world in the 21st century. in 2006 bric countries started their dialogue which since 2009 takes place at annual meetings of heads of state and government. in 2011 with south africa joining the group the brics reached its final composition incorporating a country from the african continent. insta curious have you heard about paris21 grouping? reference read this. instalinks prelims link 1. about brics. 2. summits. 3. presidency. 4. organisations and groups associated with brics. 1. what is the rbis mpc? context jayant varma member of the monetary policy committee (mpc) of the reserve bank of india (rbi) who has been opposing the rbis accommodative policy stance has said the stance carries with it the risk of falling behind the curve in future because the stance limits the mpcs freedom of action in ensuing meetings. what is an accommodative policy stance? an accommodative stance means the central bank is prepared to expand the money supply to boost economic growth. the central bank during an accommodative policy period is willing to cut the interest rates. about mpc the rbi has a governmentconstituted monetary policy committee (mpc) which is tasked with framing monetary policy using tools like the repo rate reverse repo rate bank rate cash reserve ratio (crr).c it has been instituted by the central government of india under section 45zb of the rbi act that was amended in 1934 banking service chronicle magazine buy.

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