Daily Prelims Notes 28 January 2022 Table Of Contents First Information Report (FIR) Foreign Investment Artificial Snow Surge in oil prices amid Russia-Ukraine conflict Conditional Market Authorisation Tribunals Free power transmission for green hydrogen Anti-Microbial Resistance(AMR) Understanding the Budget formulation 1. First Information Report (FIR) Subject – Polity Context – Mumbai Police […]
Understanding the Budget formulation Subject – Economy Context – With the economy still hurting from the pandemic, the Budget on February 1 is likely to address concerns around growth, inflation and spending. Concept – What are the major components of the Budget? There are three major components — expenditure, receipts and deficit indicators. […]
Anti-Microbial Resistance (AMR) Subject – Science and Tech Context – There is an urgent need to replenish the antimicrobial pipeline, as many antibiotics are now ineffective in combating infections Concept – AMR occurs when microbes (bacteria, viruses, fungi, and parasites) change over a period and stop responding to medicines intended to treat them. […]
Free power transmission for green hydrogen Subject – Environment Context – A national green hydrogen policy which will provide free power transmission for production of green hydrogen is set to be announced soon, Power Minister RK Singh said Thursday. Concept – A national green hydrogen policy which will provide free power transmission for […]
Tribunals Subject – Polity Context – Supreme Court’s order in AlapanBandyopadhyay case is worrying. In setting aside the Kolkata High Court’s ruling by citing lack of jurisdiction, the apex court has narrowed scope of writ remedies Concept – To know about Tribunals, please refer September 2021 DPN. To know about writ jurisdiction of […]
Conditional Market Authorisation Subject – Economy Context – The drug regulator on Thursday granted Serum Institute of India’s Covishield and Bharat Biotech’s Covaxin Covid-19 vaccines “conditional market authorisation” for the country’s adult population. Concept – Since January last year, the two vaccines have been available under “Emergency Use Authorisation” (EUA), under which 140.89 […]
Surge in oil prices amid Russia-Ukraine conflict Subject – Economy Context – Rising tensions between Russia and Ukraine are leading to a surge in oil prices, with Brent breaching the $90-a-barrel mark overnight on Thursday — the first time since 2014. Concept – Crude oil prices have risen sharply since the beginning of […]
Artificial Snow Subject – Science and Tech Context – Artificial snow needs to be pumped to pull off the Olympics in Beijing Concept – Snow that is injected with water to harden it and then treated with chemicals to keep the hardened snow in place, is a form of artificial snow that is […]
Foreign Investment Subject – Economy Context – Allegation going around that foreign e-commerce marketplaces indulge in “capital dumping”. Concept – Foreign investment involves capital flows from one country to another, granting the foreign investors extensive ownership stakes in domestic companies and assets. Foreign investment denotes that foreigners have an active role in management […]