Table Of Contents MPC BIS standards for drinking water CPEC State of Food Security and Nutrition in the World (SOFI) report National Council for Transgender Persons Inverted duty structure Farm sector and GDP ASEEM portal Vaccine trial 1. MPC Subject: Economy Context: The Reserve Bank of India’s first Monetary Policy Committee completes its […]
Subject: Science and tech Context: Phase 2 human clinical trials of the Oxford University-AstraZeneca vaccine candidate for Covid-19, manufactured by Serum Institute of India, will begin in the coming week. Concept: The general stages of the development cycle of a vaccine are: Exploratory stage Pre-clinical stage Clinical development Regulatory review and approval Manufacturing Quality control Clinical […]
Subject: Schemes Context: A jobs portal launched on July 11 has seen registration of over 69 lakh individuals in just 40 days. But the number of individuals who got jobs is just a fraction of those who registered. Concept: It will help skilled people find sustainable livelihood opportunities. Apart from recruiting a skilled workforce that […]
Subject: Economy Context: For the first time, farm sector witnessed growth even as GDP sees a contraction Concept: April-June may be the first time that India’s economy would contract year-on-year since the government started coming out with quarterly estimates of GDP from 1996-97. But the data for the quarter, to be released by the National […]
Subject: Economy Context: Union Textiles Ministry is planning to commission a study to analyse whether the Goods and Services Tax (GST) on textiles and apparels was creating an inverted duty structure. Concept: The inverted duty structure denotes prevalence of higher taxes on inputs than on finished items.
Subject: Government organisation Context: The Centre has constituted the national council for transgender persons Concept: The council was established by the Centre in exercise of the powers conferred by the Transgender Persons (Protection of Rights) Act, 2019. According to the Act, the functions of the council include advising the Centre on the formulation of policies, […]
Subject: Reports Context: Data from the latest edition of the State of Food Security and Nutrition in the World (SOFI) report show that India retains the dubious distinction of being the country with the largest population of food insecure people. Concept: The State of Food Security and Nutrition in the World is the most authoritative global study tracking progress towards […]
Subject: IR Context: India has categorically rejected the reference to Jammu and Kashmir in the joint press release by China and Pakistan pertaining to the China Pakistan Economic Corridor (CPEC) project that passes through Pakistan-occupied Kashmir (PoK). Concept: The CPEC is part of China’s larger regional transnational ‘One Belt One Road’ (OBOR) initiative, whose two arms are […]
Subject: Science and tech Context: The Bureau of Indian Standards (BIS) has prepared a draft standard for the supply system of piped drinking water and has invited comments from water utilities About draft: The draft is labelled ‘Drinking water supply quality management system — requirements for piped drinking water supply service’ and has been prepared […]
Subject: Economy Context: The Reserve Bank of India’s first Monetary Policy Committee completes its four-year term with a mixed record. Concept: The Monetary Policy Committee (MPC) constituted by the Central Government under Section 45ZB of RBI Act determines the policy interest rate required to achieve the inflation target. Accordingly, the Central Government in September 2016 […]