Subject: Economics Context : The National Payments Corporation of India (NPCI) has completed private placement of 4.63% of its equity shares worth ₹81.64 crore. Concept : When a company issues financial securities such as shares and convertible securities to a particular group of investors (not more than 49 in number) it is known as private […]
Subject: Economy Context: United Nations Development Programme (UNDP) and Invest India have launched the Sustainable Development Goals (SDGs) Investor Map for India. Concept: It laid out 18 Investment Opportunities Areas (IOAs) in six critical SDG enabling sectors, that can help the country push forward on the trajectory of Sustainable Development. The six focus sectors identified […]
Subject: Environment Context : The tide that produces a fluorescent blue hue—bioluminescence, made an appearance on Tuesday night on Juhu beach in Mumbai and Devgad beach in Sindhudurg along Maharashtra’s coastline. Concept: The natural phenomenon is characterised by the emission of light produced by phytoplanktons (microscopic marine plants), commonly known as dinoflagellates. The light is […]
Subject: Defence Context: India successfully test fired the surface-to-surface supersonic cruise missile BrahMos as part of a series of planned trials of the weapon, known for its precision strike capabilities, official sources said. Concept: BRAHMOS supersonic cruise missile featuring Indian propulsion system, airframe, power supply, and other major indigenous components has been successfully test-fired. BRAHMOS […]
Subject: Economy Context: An internal working group of the RBI has recently made a recommendation to permit industrial houses to own and control banks. Concept: The problem with banks owned by corporate houses is that they tend to engage in connected lending. Over-financing of risky activities Lending to firms that are part of the corporate […]
Subject: Polity Context: Ministry of Ports, Shipping and Waterways has issued a draft of the Merchant Shipping Bill, 2020 for public consultation. It aims to repeal and replace the Merchant Shipping Act, 1958 and the Coasting Vessels Act, 1838. Concept: To improve welfare of Indian seafarers on abandoned vessels and safety of such vessels, the […]
Subject: Polity Context: Prime Minister Narendra Modi on Thursday again pitched for ‘One Nation, One Election’, at the concluding session of the 80th All India Presiding Officers Conference via videoconference. Concept: ‘Simultaneous Elections’ is defined as structuring the Indian election cycle in a manner such that elections to Lok Sabha and State Assemblies are synchronized […]
Table Of Contents 5G NETWORK FOREIGN PORTFOLIO INVESTMENT INFRASTRUCTURE FUNDING LVB – DBS MERGER TELECOM SAMVIDHAN DIWAS NATIONAL PORTAL FOR TRANSGENDER PERSONS RE-INVEST 2020 1. 5G NETWORK Subject: Science & tech Concept: 5G or fifth generation is the latest upgrade in the long term evolution (LTE) mobile broadband networks. The first […]
Subject: Economy Context: Prime Minister inaugurated the virtual 3rd Global Renewable Energy Investment Meeting and Expo (RE-Invest 2020). Concept: The summit is organised by the Ministry of New and Renewable Energy and will be held from 26 – 28 November 2020. The theme for RE-Invest 2020 is ‘Innovations for Sustainable Energy Transition’. It will feature […]