Subject: Polity Context: The Supplementary Demand for Grants 2020-21, introduced in the House included Rs 40,000 crore for enhanced expenditure under Mahatma Gandhi National Rural Employment Guarantee Program Concept: The additional grant required to meet the required expenditure of the government is called Supplementary Grants. When grants, authorised by the Parliament, fall short of the […]
Subject: Economy Context: FC chairperson N.K. Singh said that the pandemic has necessitated reconsideration of 42% devolution assigned in the 2020-21 Concept: The Finance Commission is a constitutional body set up by the President of India, every five years or earlier to decide the share of the Union government and state governments in the divisible […]
Subject: Economy Context: Banking Regulation Bill introduced in Lok Sabha. Concept: The Bill, which seeks to replace an ordinance issued by the Government in last week of June It likes to empower the Reserve Bank of India (RBI) to effectively handle the mishaps in private banks without allowing any loss of public confidence and disruption […]
Subject: Science and tech Context: An announcement by an international team of astronomers about the discovery of phosphine gas in the atmosphere of Venus triggered global excitement. Concept: Phosphine is a colourless but smelly gas, known to be made only by some species of bacteria that survive in the absence of oxygen. Scientists have discovered this […]
Subject: Polity Context: The decision to go without “Question Hour” during the Monsoon Session of Parliament has evoked serious concerns about the democratic functioning of the institution. Concept: The right to question the executive has been exercised by members of the House from the colonial period. The first Legislative Council in British India under the Charter Act, […]
Subject: Arts and culture/ Schemes Context: Ministry of Tourism has undertaken development of tourism related infrastructure and facilities at various Buddhist Sites in the country under its flagships schemes of Swadesh Darshan& PRASHAD. Ministry of Tourism presents its latest webinar on “In the Footsteps of the Buddha” under DekhoApnaDesh Webinar Series Concept: Swadesh Darsha Scheme […]
Subject: Environment Context: Scientists specialising in different aspects of the Himalayas discussed a range of areas like landslide disaster risk reduction, Himalayan seismicity, risk awareness, and mitigation, and journey of black carbon towards Himalayan cryosphere on the occasion of Himalaya Diwas. Concept: The discussions were part of an online celebration of ‘Himalaya Diwas’ by Wadia Institute of […]
Subject: Economy Context: Minister of State for Finance & Corporate Affairs in response to a question asked in the Lok Sabha said in September 2019, the Government announced several measures to promote growth, investment and create new employment opportunities through the amendments in the Income-tax Act, 1961 and Finance act 2019. Concept: Measures taken by […]
Subject: History Context: Union Minister of State for Culture and Tourism (IC) has inaugurated a Sangeet Sandhya programme as a part of the 550th Birth Anniversary celebrations of Sri Guru Nanak Dev Ji in New Delhi. Concept: Guru Nanak Dev (1469-1539) was born in a village, Talwandi Rai Bhoe, near Lahore (it was renamed later […]
Subject: Arts and culture Context: The government has formed an expert committee for conducting a study on the origin and evolution of Indian culture dating back to around 12,000 years ago Concept: 16-member committee will include K N Dikshit as Chairman, Indian Archaeological Society, New Delhi and former Joint Director General, Archaeological Survey of India, among others. […]