Derivative Trading Subject – Economy Context – Capital and commodity markets regulator Securities and Exchange Board of India (SEBI) has suspended futures and options trading for one year in a host of agricultural commodities including chana, mustardseed, crude palm oil, moong, paddy (Basmati), wheat and soyabean and its derivatives. Concept – Derivative is […]
Pillar-II Model Rules for Global Minimum Tax Subject – IR Context – OECD releases Pillar-II model rules for domestic implementation of 15% global minimum tax Concept – The Organisation for Economic Co-operation and Development (OECD) published detailed rules to assist in the implementation of new international tax system, which will ensure multinational enterprises […]
Fertility Rate Decline in India Subject – Governance Context – India’s National Family Health Survey 2019-21 (NFHS-5) recorded a decline in the total fertility rate Concept – In a milestone, India’s National Family Health Survey 2019-21 (NFHS-5) recorded a decline in the total fertility rate (the average children a woman has) from 2.2 […]
Fuel Taxes Subject – Economy Context – Centre rakes in Rs 3.72 lakh crore, low basic excise duty limits states’ share Concept – As of now LPG, kerosene, naphtha, furnace oil, and light diesel oil are under GST. Five other petroleum products viz. crude oil, high speed diesel, motor spirit (petrol), natural gas, […]
World Economic Forum Subject – IR Context – Davos World Economic Forum called off due to Covid: Report Concept – The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. It was […]
Chile Mapping Subject – IR Context – Leftist Gabriel Boric to become Chile’s youngest ever president Concept – Name Geographical Location Bordering Countries Chile A country in the western part of South America. It occupies a long, narrow strip of land between the Andes to the east and the Pacific Ocean to the […]
Multistate Cooperatives Subject – Governance Context – Union Home and Cooperation Minister Amit Shah announced that the Centre has decided to amend the Multi State Cooperative Societies (MSCS) Act, 2002 to “plug the loopholes in the Act”. Concept – Cooperatives are a state subject, but there are many societies such as those for […]
Economically Weaker Sections (EWS) Subject – Polity Context – A three member-committee set up to examine the income criteria for determining the economically weaker sections (EWS) is expected to submit its report to the Centre within the next few days. Concept – The committee was set up after the Supreme Court questioned the […]
Daily Practice Sheet 20 December 2021 Daily Prelims Topic Poshan (Nutrition) Tracker Retail Inflation preferred over Wholesale Inflation India’s Missile Capability Article 6 of the Paris Agreement Global Environment Facility (GEF) Enhanced Transparency Framework (ETF) Sumi Naga tribe Energy Efficiency Electric Vehicles Organisation of Islamic Cooperation (OIC) NDRF & SDRF Gadchiroli’s first Jumbos […]