Constitution Day Context: Around 15 opposition parties, including the Congress, boycotted the Constitution Day programme organised by the Lok Sabha to celebrate the Samvidhan Samman Divas. Concept: Why political parties boycotted constitution day The opposition boycotted the Constitution Day event in Parliament’s Central Hall on Friday, saying the government was disrespecting the fundamental […]
Govt asks Indians to not subscribe to Elon Musk’s satellite internet service Starlink Context: Elon Musk Starlink is ready to provide satellite based internet services in India. Concept: What is Starlink? Starlink is a satellite internet constellation operated by SpaceX providing satellite Internet access to most of the Earth.The constellation consists of over 1600 satellites in mid-2021, and will […]
Variant of concern Context: The World Health Organization (WHO) on Friday classified the B.1.1.529 variant detected in South Africa as a SARS-CoV-2 “variant of concern”. Concept: Variant of concern Variant of interest According to the World Health Organisation, a variant of concern translates to a rise in transmissibility, an increase in fatality and […]
12 of the 17 Congress MLAs in Meghalaya defect to TMC Context: This week 12 of INC’s 17 MLAs in the state of Meghalaya defected to the TMC. In the process INC lost its status of the principal opposition party. The Trinomial is now the largest opposition party in Meghalaya. Concept: What is […]
Private bank promoters’ stake holding cap raised to 26% from 15% Context: The Reserve Bank of India has raised the stake promoters can hold in their banks to 26 per cent from 15 per cent now. The RBI has also given small finance banks (SFBs) more time to list as part of its […]
Daily Prelims Notes 26 November 2021 Table Of Contents Criminalization of Politics Vembanad Lake Farmers and Essential commodities Act Food safety regulator FSSAI has sought public comments on draft regulation New variant B.1.1.529 Black Friday and Thanksgiving Day Deposit insurance Strategic reserves UN LDCs Status Timbuktu 1. Criminalization of Politics Subject – […]
Timbuktu Context: International Criminal Court appeals judges have cut by two years the sentence of an Islamic radical who pleaded guilty to overseeing the destruction of historic mausoleums in the Malian desert city of Timbuktu, the court announced Thursday. Concept: Timbuktu, French Tombouctou, city in the western African country of Mali It is located on […]
UN LDCs Status Context: The United Nations General Assembly has adopted a historic resolution to graduate three nations, including Bangladesh and Nepal, from the least developed country (LDC) category to the developing country grouping, a major milestone demonstrating the countries’ significant development progress. Concept: The U.N. General Assembly (UNGA) adopted the resolution at […]
Strategic reserves Context: India’s move to release 5 million barrels of oil from its strategic reserves as part of a coordinated challenge led by the US against the OPEC+ producers’ cartel’s move to curb output. Background: It is part of a concerted effort ( USA, China, EU , Britain , India )to negate upward pressure on crude […]
Deposit insurance Context: The Reserve Bank of India, in its draft scheme of amalgamation of the bank with Unity Small Finance Bank Ltd (USFB), has placed multiple restrictions on access to deposits beyond Rs 5 lakh that depositors can receive from the Deposit Insurance and Credit Guarantee Corporation (DICGC). What is the scheme? […]