Rupee Depreciation Subject – Economy Context – FPI outflow, fears over US Fed taper pull Re below 76-mark Concept – Currency depreciation is a fall in the value of a currency in a floating exchange rate system. In a floating exchange rate system, market forces (based on demand and supply of a currency) […]
Pre-Budget Subject – Polity Context – Pre-budget consultation: Agri experts for MSP based on realistic cost, subsidised diesel Concept – Budget is the annual financial statement of a government which lays out fiscal roadmap for the country for the next one year. It is prepared by the ministry of finance in consultation with […]
2020 heat record in Siberian town Subject – Environment Context – WMO confirms 2020 heat record in Siberian town Concept – Verkhoyansk, a town in Siberia, recorded a temperature of 38 degrees Celsius on June 20, 2020. It was then pushed as the highest temperature ever recorded in the Arctic region. The World […]
Marriage Age of Women from 18 to 21 Subject – Governance Context – Union Cabinet Wednesday passed a proposal to raise the legal age of marriage for women from 18 to 21 years — the same as men. Concept – Following the Cabinet’s approval, the Government will introduce an amendment to the Prohibition […]
Vijay Diwas 2021 Subject – IR Context – To commemorate its victory over Pakistan during the 1971 war, India celebrates Vijay Diwas on December 16 every year as a tribute to the success of the Indian army. Concept – To commemorate its victory over Pakistan during the 1971 war, India celebrates Vijay Diwas […]
Sixth Schedule Subject – Polity Context – BJP MP from Ladakh demanded that the region be included in the Sixth Schedule of the Constitution to safeguard land, employment, and cultural identity of the local population Concept – The Sixth Schedule under Article 244 provides for the formation of autonomous administrative divisions — Autonomous […]
Daily Practice Sheet 15 December 2021 Daily Prelims Topic PCA framework for NBFCs Norms for CPSE Divestment Tropical Savannah Ecosystems WPI Inflation Black Clam India’s Sugar Export Subsidies Logistics Performance Index Logistics Ease Across Different States (LEADS) Report (Index) 2021 Lake Chad Korean War Char Dham Highway Project S-gene Target Failure (SGTF) Test […]