Daily Prelims Notes 29 November 2021 Table Of Contents Omicron variant Cross border insolvency Connected and circular lending English Channel Social justice India Stack HeLa cells Parliamentary session 1. Omicron variant Subject: Science and tech Context: With an eye on reports from across the world about Omicron, the new Covid “variant of concern”, […]
Parliamentary session Subject: Indian Polity Context: The Winter Session of Parliament is scheduled to be held between November 29, 2021 and December 23, 2021. There will be a total of 19 sittings. Currently, 29 Bills are pending in Parliament. Of these, five Bills are listed for consideration, and passing during the session and […]
HeLa cells Subject: Science and Tech Concept: HeLa is an immortal cell line used in scientific research. It is the oldest and most commonly used human cell line. The line is named after and derived from cervical cancer cells taken on February 8, 1951, from Henrietta Lacks, a 31-year-old African-American mother of five, who died of cancer […]
India Stack Subject: Science and Tech Context: The Minister of Commerce and Industry, Piyush Goyal, recently highlighted that India is poised to become one of the largest digital markets in the world on the back of an unprecedented 87 per cent fintech adoption rate as against the global average of 64 per cent. He […]
Social Justice Subject: Social issues Concept: Social justice is justice in terms of the distribution of wealth, opportunities, and privileges within a society. In Western as well as in older Asian cultures, the concept of social justice has often referred to the process of ensuring that individuals fulfill their societal roles and receive […]
English Channel Subject: Mapping Context: Dozens of demonstrators have assembled outside Downing Street to protest over the deaths of 27 people who perished while trying to cross the English Channel. Concept: The English Channel, is an arm of the Atlantic Ocean that separates Southern England from northern France and links to the southern […]
Connected and circular lending Subject: Economy Context: The Reserve Bank of India (RBI) has kept in limbo the proposal of its Internal Working Group (IWG) for granting banking licence to big corporate houses amid fears over connected lending and self-dealing if they are allowed in the banking space. Concept: Connected lending: Connected lending […]
Cross border insolvency Subject: Economy Context: The ministry of Corporate Affairs (MCA) has published a draft framework for cross border insolvency proceedings based on the UNCITRAL (United Nations Commission on International Trade Law) model under the Insolvency and Bankruptcy Code. Concept: Cross border insolvency proceedings are relevant for the resolution of distressed companies […]
Omicron variant Subject: Science and tech Context: With an eye on reports from across the world about Omicron, the new Covid “variant of concern”, the Central Government Sunday issued revised guidelines for international travelers arriving from Europe, including the UK, and 11 other “at risk” countries, mandating testing on arrival, home quarantine for […]