Daily Prelims Notes 2 June 2022 Table Of Contents Orders of constitutional courts would prevail over statutory tribunals: SC Streaming analytics platform Coralogix gets $142 million in Series D round The Turing test Why Neptune and Uranus appear in different shades of blue PM CARES scheme for children who lost parents to Covid […]
IRDAI allows launch of insurance products without prior approval Subject: Polity Section: Governance Context: In a significant move, the Insurance Regulatory and Development Authority of India (IRDAI) has permitted general and standalone health insurers to launch products without prior approval IRDAI Insurance Regulatory Development Authority (IRDA) is a statutory body set up by the […]
Cabinet allows co-operatives to procure through GeM platform Context: The Union Cabinet has given its approval for expanding the mandate of the government’s online public procurement platform, Government e-Market (GeM), by allowing procurement by co-operatives Concept : The GeM would be the national public procurement portal and will be registered as Section 8 […]
WTO on Public Stockholding Subject: Economy Section: External Sector Context: Economy A total of nearly 80 members from various Organisations including the G-33 group have submitted a joint proposal at the WTO regarding public stock holding based on a fair way of calculating subsidies with a current external reference price instead of an […]
MCA new rule Subject: Economy Section: Indian economy Context: The Ministry of Corporate Affair has announced a new rule to strengthen the checks and balances against opportunistic takeover of Indian companies by entities in countries with which India shares its land border. Details: It has mandated that the inbound mergers in India involving […]
RBI Recurring payment mandate and SaaS Subject: Economy Section: Monetary Policy Context: Seven months after the Reserve Bank of India’s rule on recurring payment, small businesses and start-ups are still facing issues regarding timely payments to vendors. RBI Recurring payment mandate: As per RBI’s directive, there will be no automatic recurring payment for […]
US sending artillery rockets to Ukraine Subject: Science and Tech Section: Defence As the fighting in eastern Ukraine turns into an artillery duel, the Pentagon announced that it would send its most advanced artillery rocket launcher and munitions to the Ukrainian military in the hope of giving it an edge over Russia. Artillery […]
PM CARES scheme for children who lost parents to Covid Subject: Polity Section: Governance Recently, Prime Minister Narendra Modi released benefits like scholarships and health insurance under the PM CARES for Children scheme to support children who lost their parents due to coronavirus during the pandemic. PM CARES for Children Launched in May […]
Why Neptune and Uranus appear in different shades of blue Subject: Science and Tech Section: Space Neptune and Uranus have much in common — they have similar masses, sizes, and atmospheric compositions — yet their appearances are in different shades of blue. At visible wavelengths, Neptune is a rich, deep azure hue, while […]
The Turing test Subject: Science and Tech Section: Computers A test to determine whether machines can impersonate human beings The Turing test, named after British mathematician Alan Turing, was a concept proposed to test if a machine could deceive a person into thinking it was human. The hypothesis Turing proposed that an objective […]