Subject : International Organisations Context: The government signed a loan agreement worth $1 billion with the New Development Bank (NDB) to support the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) and India’s rural infrastructure. Concept : It is a multilateral development bank operated by the BRICS states (Brazil, Russia, India, China and South Africa). […]
Subject : Economics Context: The new cheque payment rule will come into effect from 1 January 2021 to keep consumer safety in focus and to lower the cases of fraud and abuse with respect to cheque payment. Concept : Under this rule, the issuer of the cheque will submit certain minimum details of that cheque […]
Subject : Science & tech Context : The 25-hour countdown for the launch of communication satellite CMS-01 on board launch vehicle PSLV-C50 commenced. Concept : CMS-01 is the 42nd communication satellite from India and weighs around 1,410 kgs. It will be replacing the ageing GSAT-12 satellite that was launched in 2011. It will provide telecom […]
Subject : Polity Context : The Supreme Court Collegium on Wednesday announced its recommendations for appointment of chief justices in five high courts. Concept : The Collegium System is a system under which appointments/elevation of judges/lawyers to Supreme Court and transfers of judges of High Courts and Apex Court are decided by a forum of […]
Daily Prelims Topic Cabinet committee on Parliamentary Affairs Summoning a session Wildlife Institute of India and T1C2 tigress TRAI Institutions of Excellence CMS-01 communication satellite George Everest House/ contribution to the Great Trigonometrical Survey of India Collegium Cabinet Committee on Security NDB (new Development Bank) Positive Pay Amur Falcon sighted at Point Calimere […]