Daily Prelims Notes 12 February 2021 By Santosh Sir All 6 Prelims qualified 4 CSE Mains qualified If I can do it, you can too Table Of Contents Enforcement Directorate Remittance Mangar Bani Next generation battery technology for Electric vehicles to replace Lithium-ion batteries Gilt Funds Writer’s Cramp and the Rights of Persons […]
Crowding Out of Investment Context: Finance Minister Nirmala Sitharaman has pegged fiscal deficit for the coming year 2021-22 at 6.8% of GDP and aims to bring it back below the 4.5% mark by 2025-26. This year’s fiscal deficit has been funded through government borrowings, multilateral borrowings, Small Saving Funds and short term borrowings. […]
Digital Service Tax Context: The United States Trade Representative (USTR) has termed India’s Equalisation Levy (also known as Google Tax) on e-commerce companies as ‘discriminatory’ India. Content: Base erosion and profit shifting (BEPS) refers to tax planning strategies used by multinational enterprises that exploit gaps and mismatches in tax rules to avoid paying […]
Hedyotis Sithiravaraiensis (Karumthumbai or Senthumbai or Sakkaraithumba) Subject: Environment Context: Chennai-based botanists have foundNew plant species with possible medicinal properties discovered. Concept: It is a critically endangered species majorly due to unregulated commercial collection of the plant by the locals It is a critically-endangered species of the Rubiaceae family in Pakkamalai in the […]
Writer’s Cramp and the Rights of Persons with Disabilities Act 2016 Context: To ensure equal opportunity to persons with disabilities, the Supreme Court on Thursday asked the Centre to ensure framing of proper guidelines within three months to regulate and facilitate the grant of scribe facility to candidates whose nature of disability imposes […]
Gilt Funds Subject: Economy Context: The RBI has allowed direct access to its platform to retail investors for deepening the government securities (G-sec) market and to help smooth sailing of the government’s large yearly borrowing program of around Rs 12 lakh crore Concept: Gilt fund is debt fund or pooled investment vehiclesthat invest […]
Next generation battery technology for Electric vehicles to replace Lithium-ion batteries Context: India will work out a policy to institutionalise research and development on the next generation of battery technologies for electric vehicles, like metal-ion, metal air, hydrogen fuel cell, etc, to replace lithium-ion batteries and reduce India’s dependence on other countries for […]
Mangar Bani Subject: Environment Context: A study by CEDAR, the 219 species found in the Mangar landscape include 130 resident species, 53 winter migrants, 12 summer migrants, and 16 passage migrants. Concept: Mangar Bani is a sacred grove in Aravallis region. Mangar is a central part of a continuous north-south stretch of Aravalli […]
Remittance Subject: Economy Context: THE raids on the office of online news platform NewsClick and residences of its directors by the Enforcement Directorate (ED) continued for third day w.r.t. remittance cases Concept: It is linked with the foreign remittances allegedly totaling Rs 30.51 crore. This includes a remittance classified as FDI of Rs […]
Enforcement Directorate Subject: Polity Context: THE raids on the office of online news platform NewsClick and residences of its directors by the Enforcement Directorate (ED) continued for third day w.r.t. remittance cases. Concept: It is a Multi-Disciplinary Organization mandated with the task of enforcing the provisions of two special fiscal laws – Foreign […]