Online Learning Portal
Online Learning Portal
Hybrid Classes
We provide offline, online and recorded lectures in the same amount.
Personalised Mentoring
Every aspirant is unique and the mentoring is customised according to the strengths and weaknesses of the aspirant
Topicwise Mindmaps
In every Lecture. Director Sir will provide conceptual understanding with around 800 Mindmaps.
Quality Content
We provide you the best and Comprehensive content which comes directly or indirectly in UPSC Exam.
DAILY NEWS ANALYSIS
PRINT
25 August, 2025
2 Min Read
The Reserve Bank of India (RBI) has announced a significant upgrade to the Cheque Truncation System (CTS), moving from the current batch processing model to a continuous clearing system with settlement on realisation. This transition will take place in two phases.
CTS is an image-based cheque clearing system that captures cheque images and MICR data electronically at the collecting bank, eliminating the physical movement of cheques.
It is secured through a PKI-based architecture with dual access control, crypto box, and smart card interfaces.
Only cheques compliant with CTS-2010 standards (which mandate minimum security features like watermarks, invisible ink logos, void pantographs, and standardized formats) are eligible for clearing through CTS.
Faster clearance with proceeds realizable within the same day under the new continuous clearing model.
Enhanced security and reduced risks in cheque processing.
Lower costs due to elimination of physical cheque transportation.
Improved data storage and retrieval with centralized image archiving.
Reduction in delays and bottlenecks between cheque presentation and realisation.
Current system: Cheques take up to two working days to clear.
New system: Cheques will be cleared within hours of submission, greatly speeding up the process.
Source: THE HINDU
05 Apr, 26
A year after tensions arising from Operation Sindoor, India and Azerbaijan have taken steps to restore and normalise bilateral relations. The 6th round of Foreign Office Consultations, held in Baku, marked the first such engagement since 2022, signaling renewed diplomatic momentum. Recent Diplomatic Engagement During the consultations, bo
04 Apr, 26
The India–Australia Economic Cooperation and Trade Agreement has completed four years since its signing. Both countries now aim to build on this progress through strengthened collaboration and ambitious targets, including reaching AUD 100 billion in bilateral trade by 2030. What is the India–Australia Economic Cooperation and Tra
03 Apr, 26
A recent report by the Association for Democratic Reforms (ADR) analyses donations of ?20,000 or more declared to the Election Commission of India (ECI) by national political parties for FY 2024–25, highlighting transparency and accountability in political financing. Key Findings Massive Funding Surge Total donations to nationa
03 Apr, 26
Maritime chokepoints are narrow channels along global shipping routes where maritime traffic is concentrated. These points are geopolitically and economically critical, as they handle a large proportion of global trade, especially energy shipments. Current Relevance Over two-thirds of seaborne energy trade passes through a handful o
01 Apr, 26
Following the launch of Operation Epic Fury (U.S.) and Operation Roaring Lion (Israel), the geopolitical landscape has shifted fundamentally with the confirmed death of Iran’s Supreme Leader, Ayatollah Ali Khamenei.Iran retaliated through Operation True Promise 4, launching missile attacks against Israel and nearby Gulf states. The escala
05 Apr,2026
Our Popular Courses
Module wise Prelims Batches
Mains Batches
Test Series
24 × 7 Support :
8287714422
Whatsapp :
8010068998
Email Us: query@aspireias.com
My Notes
Geography And Environment
