The Traditional Knowledge Digital Library (TKDL) Subject: Science and Technology Section: Scheme Context: The Cabinet chaired by the Prime Minister, Shri Narendra Modi has approved the “Widening access of the Traditional Knowledge Digital Library (TKDL) database to users, besides patent offices”. Concept: The Traditional Knowledge Digital Library (TKDL) is a prior art database […]
Credit Deposit Ratio Subject: Economy Section: Monetary policy Context: Banks need to rework their strategies rising from the ‘business as usual approach’ given the rising cost of borrowing due to hike in the repo rate. Impact of Rising cost of borrowings: Emerging resource imbalance: Declining credit deposit ratio–Deposit growth isat 9.8 percent while […]
Developed country Subject: Economy Section: National Income Context: The ‘developed country’ goal is the first of the five vows that Prime Minister Narendra Modi exhorted Indians to take during his address to the nation on Independence Day. The “Panch Pran” — five vows? Every Indian should focus on developing the country; 100 per […]
Merchant Discount Rate Subject: Economy Section: Monetary policy Context: In a discussion paper released on Wednesday, the Reserve Bank of India (RBI) asked stakeholders if merchant discount rate (MDR)should be brought back for Unified Payments Interface (UPI) transactions. Concept: Merchant Discount Rate: MDR is the cost paid by a merchant to a bank […]
Annual Survey of Industries (ASI) Subject: Economy Section: National Income Context: The final results of the Annual Survey of Industries (ASI) released by the Ministry of Statistics and Programme Implementation (MoSPI). Details: The number of factories in the country increased by 1.7 per cent year-on-year to 2.46 lakh in FY20, employing a total […]
Daily Prelims Notes 17 August 2022 Table Of Contents Ondiveeran Corporate Tax Decentralised Finance (DeFi) Super Vasuki Global pandemic treaty DoT bats for auction of satellite spectrum SC to examine convict’s plea on validity of child gangrape law Central Pool foodgrain stocks at lowest in 5 years India at 75 | High points […]
Vizhinjam Port Subject : Physical Geography Section :Mapping Context: The Adani Group has temporarily stopped construction activities of the Vizhinjam international seaport, after Latin Catholic Church-backed protestors went inside the construction site. Concept : The Vizhinjam International Transhipment Deepwater Multipurpose Seaport is an ambitious project taken up by Government of Kerala. It is […]
Thousands marooned in Odisha as Mahanadi basin floods due to heavy rain Subject : Physical Geography Section :Mapping Concept – It is a multipurpose scheme conceived by Er. M. Visveswaraya in 1937, after recurrence of devastating floods in Mahanadi river. Its first hydro power was commissioned in 1956. Hirakud Dam is built across the Mahanadi River, close […]
India at 75 | High points in science & technology and innovation Subject: Economy Section: Monetary Policy Context: The Council of Scientific and Industrial Research, which had been founded in 1942, has undertaken its mission effectively since Independence The CSIR started five of its own laboratories with support from the government and industry […]
Central Pool foodgrain stocks at lowest in 5 years Subject: Economy Section: Monetary Policy Context: Rice and wheat stock in the Central Pool, managed by the Food Corporation of India (FCI), is at a five-year low, mainly due to lower procurement of wheat. Rice stock, though above 2020 level, may deplete fast in […]