PREP 4 UPSC
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#GS_3
#Economy #Banking #NPA #UCB
#PCA #SAF

Recent incident of PMC bank crisis forced the RBI to impose restrictions on Urban Cooperative Banks(UCB). Read about Prompt Corrective Action and Supervisory Action Framework, important for
#prelims and #mains.
#GS_3
#Economy #Banking #NPA #UCB
#PCA #SAF

Recent incident of PMC bank crisis forced the RBI to impose restrictions on Urban Cooperative Banks(UCB). Now, they came under the regulations of RBI. Read about Banking Regulation Act and Supervisory Action Framework, important for
#prelims and #mains.
#GS2
#IR #International_Tribunal #UNCLOS #PCA #Italy

Recently, the Permanent Court of Arbitration (
PCA) has published an extract of the final award of the ad-hoc tribunal constituted to settle disputes related to the United Nations Convention for the Law of the Sea (UNCLOS) regarding Italian marine Case between India and Italy.

You can read Article 51 of DPSP.