Institution of National Importance Subject – Governance Context – The Rajya Sabha passed the National Institute of Pharmaceutical Education and Research (Amendment) Bill, 2021 Concept – An Institution of National Importance refers to an autonomous institute established under an Act, with the power to hold examinations, grant degrees, diplomas and other academic distinctions or titles. These institutes of national importance receive funding from the central […]
Cyclones in Arabian Sea Subject – Geography Context – More cyclones in Arabian Sea recently, Minister tells RS Concept – The frequency of “very severe cyclonic storms” has increased in recent years over the Arabian Sea. However, this has not measurably increased the threat to India’s western coast, as most of these cyclones […]
Bird Flu Subject – Science and Tech Context – Bird flu triggers alert in Alappuzha Concept – Avian influenza (AI) is a highly contagious viral disease affecting several species of food-producing birds (chickens, turkeys, quails, guinea fowl, etc.), as well as pet birds and wild birds. Occasionally mammals, including humans, may contract avian […]
‘Challenge’ Feature Length Film Subject – Science and Tech Context – Billionaire Japanese entrepreneur Yusaku Maezawa reached the International Space Station (ISS) for a 12-day trip, during which time he will complete 100 tasks in space, including playing a game of badminton. Concept – The Challenge or Doctor’s House Call is an upcoming […]
No line of succession for CDS Subject – Defence and Security Context – No clear line of succession, CCS to decide on next CDS Concept – Unlike the structures for the military, where the second-in-command to every officer, whether in the field or as a service chief, officiates if the lead officer becomes […]
Crypto as Securities of Special Class Subject – Economy Context – Treat crypto as securities of special class, says CII Concept – The term “security” refers to a fungible, negotiable financial instrument that holds some type of monetary value. It represents an ownership position in a publicly-traded corporation via stock; a creditor relationship […]
Gig Worker Subject – Economy Context – Europe takes on Uber, Deliveroo and other gig economy firms, workers to get employee rights Concept – Gig workers are independent contractors, online platform workers, contract firm workers, on-call workers and temporary workers. A person who works temporary jobs typically in the service sector as an […]
Inter Creditor Agreement Subject – Economy Context – RCF: Authum resolution plan gets debenture holders nod Concept – ICA is an agreement among banks that have dues from a borrower in stress. The pact mandates the lead bank to formulate a resolution plan that will be executed in a time bound manner. It […]
Scheduled Status of a Bank Subject – Economy Context – Scheduled status to Paytm Payments Bank Concept – Paytm Payments Bank has been given the scheduled bank status by the Reserve Bank of India. According to the bank, it has been included in the Second Schedule to the Reserve Bank of India Act, […]
Collective Strength Initiative Subject – Defence and Security Context – 10 countries simulate cyberattack on global financial system Concept – Israel led a 10-country simulation of a major cyberattack on the global financial system in an attempt to increase cooperation that could help to minimize any potential damage to financial markets and banks. […]