Reserve Bank of India Subject – Economy Context – Making the banking sector more vibrant Concept – The Reserve Bank of India is the central bank of the country. The Reserve Bank of India was set up on the basis of the recommendations of the Hilton Young Commission. The Reserve Bank of India […]
Coronal Mass Ejections (CMEs) Subject – Science and Tech Context – Study probes how ejections from Sun’s corona influence space weather predictions crucial for monitoring satellites Concept – A recent study has shown how conditions and events in the solar atmosphere like coronal mass ejections influence the accuracy of space weather prediction, which […]
Equalisation Levy Subject – Economy Context – Surge in equalisation levy, too; net direct tax collection up over 73 per cent Concept – Equalisation Levy was introduced in India in 2016, with the intention of taxing the digital transactions i.e. the income accruing to foreign e-commerce companies from India. It is aimed at […]
Securities Transaction Tax (STT) Subject – Economy Context – At ₹11,000 crore, STT mop-up in Apr-Sept closes in on FY22 target Concept – Securities transaction tax (STT) is a direct tax levied at the time of purchase and sale of securities listed on stock exchanges in India. Securities are tradable investment instruments such […]
Waste-to-Energy Subject – Environment Context – Bandhwari landfill: Waste-to-energy plant will pollute environment, residents protest expansion Concept – Waste-to-energy or energy-from-waste is the process of generating energy in the form of electricity and/or heat from the primary treatment of non-recyclable waste or the processing of non-recyclable waste into a fuel source. It is […]
United Nations International Fund for Agricultural Development (IFAD) Subject – Environment Context – Dramatic changes needed in global food systems to address nutrition disparity, poverty: IFAD Concept – Transforming global food systems to become more inclusive, fair and sustainable may seem an insurmountable challenge, but there are concrete actions policymakers can take, IFAD […]
Pre-Budget Meetings Subject – Polity Context – Pre-Budget meetings to start from October 12 Concept – The Budget is expected to be presented on February 1. This year’s Budget process will have one new Ministry (Co-operation) and Demands for Grants taking the total number of Central Ministries/Departments to 56 and total number of […]
Vishnuonyx Subject – Environment Context – Fossils of these now extinct otters were first discovered in sediments found in the foothills of the Himalayas.Now, a newly found fossil indicates it had travelled as far as Germany. Concept – Between 12.5 million and 14 million years ago, members of a genus of otters called […]
National Florence Nightingale Award Subject – Awards Context – President honours Brig. Saraswati Concept – The award is the highest national distinction a nurse can achieve for selfless devotion and exceptional professionalism. In a virtual ceremony on Monday, President Ram Nath Kovind conferred the National Florence Nightingale Award 2020 on Deputy Director General […]
Plant Discoveries 2020 Subject – Environment Context – Botanical Survey of India says 202 species were discovered across the country in 2020 Concept – The Botanical Survey of India, in its new publication Plant Discoveries 2020 has added 267 new taxa/ species to the country’s flora. The 267 new discoveries include 119 angiosperms; […]