Deposit Insurance and Credit Guarantee Corporation (Amendment) Bill Subject: Economy Context: The Union Cabinet, on Wednesday, approved the Deposit Insurance and Credit Guarantee Corporation (Amendment) Bill. Concept: DICGC Deposit insurance is a protection cover for deposit holders in a bank when the bank fails and does not have money to pay its depositors. […]
Options and futures Subject: Economy Context: Derivative traders on the National Stock Exchange were taken by surprise on Wednesday, when Nifty futures for August expiry crashed 5 per cent or over 531 points to a low of 15,256 from its opening level of 15,787 Concept: Options and futures are similar trading products that […]
Pre-Packs Subject: Economy Context: The Insolvency and Bankruptcy Code (Amendment) Bill, 2021, passed by Lok Sabha on Wednesday has proposed ‘pre-packs’ as an insolvency resolution mechanism for Micro, Small and Medium Enterprises (MSMEs) Concept: What are ‘pre-packs’? A pre-pack is an agreement for the resolution of the debt of a distressed company through […]
Covishield Efficacy Subject: Science and Technology Context: Covishield, the made-in-India variant of Oxford-AstraZeneca’s AZD-1222 formulation, is the predominant vaccine being used in India’s mass immunisation programme against SARS-CoV-2, the Covid-19 virus. Concept: Interim results of VIN-WIN cohort study’), published in a special issue of the peer-reviewed Medical Journal Armed Forces India. The VIN-WIN study mentions […]
Telangana Dalit Bandhu scheme Subject: Government Schemes Context: Telangana Chief Minister K Chandrasekhar Rao (KCR) recently said his government is ready to spend Rs 80,000 crore to Rs 1 lakh crore for Dalit Bandhu, touted as the country’s biggest direct benefit transfer scheme, to empower Dalits across the state. Concept: What is the […]
GST Council Subject: Polity Context: In its 44th meeting on June 12, the GST Council had reduced GST on goods being used in Covid-19 management until September 30. Concept: GST Council Goods & Services Tax Council is a constitutional body for making recommendations to the Union and State Government on issues related to Goods and Service Tax. […]
Earth Overshoot Day has shifted back to July 29 says WWF Subject: Environment In news- The Earth Overshoot day fell on July 29, this year. It is the same date that the world reached overshoot in 2019. In 2020 it was observed on August 22. About Earth Overshoot Day: It marks the date […]
The Ken Betwa project needs to be redesigned Subject: Geography Context: Chief Ministers of Madhya Pradesh and Uttar Pradesh signed a memorandum of agreement to implement the Ken Betwa Link Project (KBLP). The Prime Minister was a co-signatory to the Ken Betwa Project in Madhya Pradesh. The two states signed a tripartite agreement […]
Daily Practice Sheet 28 July 2021 Daily Prelims Topic Dholavira in Gujarat on UNESCO World Heritage list No landless farmers in new database Plan for adjournment motion India will explore indigenous deposits of phosphatic rock Intellectual Property Central Bureau of Investigation (CBI) Appointment Clinical Establishments (Registration and Regulation) Act, 2010 Wilful defaulter […]