17.01.19 Goa (GPSC) Current Affairs

aspects. The study shows that more than half (50.5%) of all children in Class 5 can read a Class 2 textbook, up from 46.9% in 2012.

 

  • Government schools in eight states of Himachal Pradesh, Uttar Pradesh, Odisha, Chhattisgarh, Karnataka, Kerala, Mizoram and Arunachal Pradesh have recorded a growth in basic reading levels of more than 5 percentage points over 2016.

 

  • Government schools in 10 states of Punjab, UP, Assam, Chhattisgarh, Maharashtra, Kerala, Tamil Nadu, Nagaland, Mizoram and Arunachal Pradesh have recorded a growth of more than 5 percentage points in basic arithmetic levels 2016.

 

 

  • 1 out of 4 children in rural India leaves Class 8 without basic reading skills and over half of them (55.9%) without basic numerical literacy or without the ability to do a simple division sum.

 

  • 1% of children in the 15-16 age group are not in school.

 

  • The government schools in Uttar Pradesh have registered an 11.9% jump in reading skills for Class 5 students while private schools saw only a 7.6% rise.

·         Relaxation of Norms under PCA Framework

 

  • Prompt Corrective Action (PCA) framework has been issued by the RBI to maintain the sound financial health of banks. The RBI will initiate certain structured and discretionary actions for the bank under the PCA. The PCA framework kicks in when the Banks breach any of the three key regulatory trigger points

 

Capital to risk-weighted assets ratio

Net non-performing assets

Return on assets.

 

  • The PCA framework is aimed at nudging the banks to take corrective measures in a timely manner, in order to restore their financial health.

 

  • Indias largest startup ecosystem inaugurated in Kerala by CM Pinarayi Vijayan

 

  • Kerala chief minister Pinarayi Vijayan launched country’s largest startup ecosystem, integrated startup complex under the Kerala Startup Mission (KSUM),at the Technology Innovation Zone (TIZ), in Kochi, Kerala.
  • It is a 8 lakh sq ft. facility housing incubation infrastructure across a series of sectors in technology.
  • BRIC aids developing solutions for cancer diagnosis and care.

 

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