CURRENT AFFAIRS – 24 July 2024

1.Fiscal responsibility and budget management act. Context: FRBM act of 2003 set a target to reduce the gross fiscal deficit (GFD) to 3% of GDP by 2008. By April 2018, this was replaced with a debt-GDP ratio of 40%, with the GFD of 3% as an operational target. What is FRBM? It is an Indian law aimed at improving the government’s fiscal management. It sets targets for reducRead More…

CURRENT AFFAIRS – 22 JULY 2024

ISRAEL PALESTINE ISSUE In news: The International Court of Justice (ICJ), has said that Israel’s occupation of the West Bank and East Jerusalem violated international law, and its presence in Palestinian territories should come to an end “as soon as possible”. About the issue: Israel has occupied the West Bank and East Jerusalem since the Six-Day War in 1967. Prior to this, Read More…