Subject: Economics Context: The fiscal deficit continued to soar in September to reach ₹9.1 lakh crore, or almost 115% of the budget target of ₹7.96 lakh crore for 2020-21, as per data from Controller General of Accounts. Concept: It is the gap between the government’s expenditure requirements and its receipts. This equals the money the […]
Subject: Legislation Context: Centre has set up the Commission for Air Quality Management in National Capital Region to curb air pollution in Delhi and adjoining areas. Concept: The Commission can lay down guidelines, and ask state governments to curb pollution and stubble burning. It is empowered to inspect any premises and/or order the disconnection of […]
Subject: Polity Context: Former diplomat and Central Information Commissioner Yashvardhan Kumar Sinha is tipped to be appointed as the country’s next Chief Information Commissioner. Concept: The Chief Information Commissioner(CIC) and Information Commissioners(CI) shall be appointed by the President on the recommendation of a committee consisting of The Prime Minister, who shall be the Chairperson […]
Food Security and Public Distribution System 1. FOOD SECURITY Food security, as defined by the United Nations’ Committee on World Food Security, means that all people, at all times, have physical, social, and economic access to sufficient, safe, and nutritious food that meets their food preferences and dietary needs for an active and […]
Table Of Contents ELECTION COMMISSION NGT ASER EOS-01 IPO VITAMIN D GIFT CITY Vande Bharat State Finances status 1. ELECTION COMMISSION Subject : Polity Context: Chief Election Commissioner has said that all standards of procedure were followed at phase 1 assembly elections in bihar. Concept : The Election Commission of India is […]
Context: The Reserve Bank of India’s study on state governments’ finances, released recently indicates that gross fiscal deficits (GFDs) of state governments are set to double in 2020-21. As per the report, COVID has led to the precarious position of state finances. Concept: Fiscal deficit: The difference between total revenue and total expenditure of the government […]
Context: The seventh phase of the Vande Bharat Mission (VBM) set to begin from October 29. Concept: The Mission was launched on May 7 to evacuate Indian citizens stranded abroad after the breakout of the Covid-19 pandemic and the resultant lockdowns across the world. Considered one of the largest evacuations of civilians by a country, […]
Subject : Economy Context: The United Kingdom has entered into a strategic partnership to develop India’s fledgling international financial services centre GIFT City. Concept: GIFT (Gujarat International Finance Tec-City), located in Gandhinagar is India’s first International Financial Services Centre. International Financial Service Centre (IFSC) An IFSC enables bringing back the financial services and transactions that […]
Subject : Science & technology Context : Study finds that 80 percent of the COVID patients deficient in Vitamin D. Concept : Vitamin D is a fat-soluble vitamin which is naturally present in very few foods like fatty fish, and fish liver oils, beef liver, cheese, and egg yolks. It is also produced endogenously when […]