Daily Prelims Notes 13 April 2022 Table Of Contents Understanding Software Copyrights And Challenges Web 3.0 Copyright On Musical Work Anti Microbial Resistance (AMR) Tiger Conservation Initiatives Reserve currency Core Inflation Inflation and rising Bond Yield Section 80G of Income tax act ICRISAT invites agritechs to apply for funding Vanilla farming regains flavour […]
CBI gets nod to prosecute Amnesty India Subject: Polity Section: National organization Context: Central government has granted sanction to the Central Bureau of Investigation (CBI) to prosecute Amnesty International India and its former head, Aakar Patel, for alleged violations of Foreign Contribution (Regulation) Act (FCRA) provisions. Background: CBI had filed a chargesheet in […]
India-Bangladesh Trans-Boundary River Management: Understanding the Tipaimukh Dam Controversy Subject: Geography Section: Mapping Background: Tipaimukh Dam is a proposed embankment dam on the river Barak in Manipur state India first commissioned in 1983. The purpose of the dam is flood control and hydroelectric power generation. It has been subject to repeated delays as the project developed, as there has been […]
WTO slashes global trade growth forecast for 2022 to 3% from 4.7% Subject : Geography Section Mapping Context: According to WTO sharp rise in commodity prices has been one of the immediate economic impacts of the crisis. Despite their small shares in world trade and output, Russia and Ukraine are key suppliers of […]
Vanilla farming regains flavour amid price drop Subject: Agriculture Section: Crops. Context: After hitting a record high a few years ago, vanilla prices have started softening and remained flat in the range of $150-200 in the last six months, thanks to rising production in various countries Concept: Vanilla is native of the Atlantic […]
ICRISAT invites agritechs to apply for funding Subject: Government Schemes Section: Science Context: The Agribusiness Incubator (ABI) at the International Crops Research Institute for Semi-Arid Tropics (ICRISAT) has called for applications from agritech start-ups under the NIDHI-Seed Support Scheme (NIDHI-SSS) Concept: National Initiative for Developing and Harnessing Innovations (NIDHI) Background National Initiative for […]
Section 80G of Income tax act Subject: Economy Section: Fiscal policy Context: Centre has granted the Somnath Temple in the State the status of a place of “historic importance and a place of public worship of renown” under the Income Tax Act. This means donations to the temple will get a tax exemption. […]
Inflation and rising Bond Yield Subject: Economy Section: Inflation Context: India’s benchmark 10-year government bond on Tuesday rose by another four basis points to hit a new high of 7.19 per cent amid worries over rising inflation and the RBI move to suck out liquidity from the system. Concept : Bond yield and […]
Core Inflation Subject: Economy Section: Inflation Why in the news? Retail inflation based on the Consumer Price Index (CPI) surged to nearly 7 per cent, a 17- month high, in March even without capturing the full impact of the fuel price hike. Core Inflation: Inflation excluding ‘food and beverages’ and ‘fuel and light’ […]
Reserve currency Subject: Economy Section: External sector Context: A crypto platform’s pledge to amass $10 billion worth of bitcoin to back its own ‘stable- coin’ is firing up the market. It’s part of a wider movement to crown bitcoin as the reserve currency of a new age. Reserve currency? A reserve currency is […]