Prelims: Current events of national and international importance | Culture
Why in News?
Union Minister for Communications & Development of North Eastern Regions (DoNER) has participated in the recently held 26th edition of Hornbill Festival of Nagaland.
December 1 is Nagaland Statehood Day, thus the Hornbill Festival begins on that day and goes on for 10 days.
Quick Fact
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Great Hornbill |
The Great Indian Hornbill is the State bird of both Kerala and Arunachal Pradesh. |
References
Prelims: Current events of national and international importance | Polity & Governance
Why in news?
The Right to Disconnect Bill, 2025 was introduced in the Lok Sabha as a private member bill.
India currently follows a 48-hour work week, one of the more demanding globally.
Provisions of the bill
Private member Bill is a bill introduced by a member of the Parliament other than a minister; however, private member's bills rarely become law and are usually withdrawn after the government responds.
References
Prelims: Current events of national and international relations | Species
Why in News?
Recently, quarrying was halted at Telangana quarry and visitors to the area were also restricted to ensure that the Rock Eagle owl’s eggs are not disturbed before they hatch.
Features

References
Prelims: Current events of national and international importance | Economy
Why in News?
The MPC of the RBI voted unanimously to reduce the policy repo rate by 25 basis points to 5.25%, citing low inflation (2.2%) and strong growth (8%) in the first half of the year.
Key Highlights of recent Committee
Various Instruments Used in Monetary Policy
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Instrument |
Description |
|
Repo Rate
|
The rate at which RBI lends short-term funds to banks, influencing overall interest rates. |
|
Reverse Repo Rate |
The rate at which RBI borrows from banks to absorb excess liquidity. |
|
Cash Reserve Ratio (CRR) |
The portion of deposits banks must keep with RBI, controlling the funds available for lending. |
|
Statutory Liquidity Ratio (SLR) |
The percentage of deposits that banks must maintain as liquid assets (cash, gold, government securities) with themselves. |
|
Marginal Standing Facility (MSF) |
Banks borrow from RBI for overnight funds at a higher interest rate than the repo rate. |
|
Bank rate |
Rate at which the RBI provides the loan to commercial banks without keeping any security. |
|
Qualitative Tools |
Measures like credit controls and moral suasion to direct credit flow to priority sectors. |
References
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