SC to examine convict’s plea on validity of child gangrape law Subject: Economy Section: Monetary Policy Context: The Supreme Court on Tuesday agreed to examine the validity of a law which sends a guilty man either to a lifetime in prison or to the gallows for gangraping a child under 12 years without […]
DoT bats for auction of satellite spectrum Subject: Economy Section: Monetary Policy Context: The Department of Telecommunications (DoT) is batting decisively for the auction of satellite spectrum. After nearly two years of intense lobbying from satellite players, including Low Earth Orbit (LEO) players such as OneWeb, Telesat and Starlink — who were seeking […]
Global pandemic treaty Subject: International Relations Section: International Organisation Context :A draft international pandemic treaty governing prevention, preparedness and response of future pandemics will be ready for negotiation in 18 months, said Soumya Swaminathan, chief scientist of the World Health Organization (WHO). Details: The genesis of the treaty was at the second special […]
Super Vasuki Subject: Economy Section: Infrastructure Context:To mark the beginning of Amrit Kaal, Indian Railways ran Super Vasuki, five loaded train long haul on 15th Aug 2022 as a part of Azadi Ka Amrit Mahotsav Celebration. Concept: Super Vasuki is a 3.5-km-long freight train with 295 wagons carrying 27,000 tonnes. The effort came […]
Decentralised Finance (DeFi) Subject: Economy Section: Monetary Policy Context :With the massive rise in cryptocurrency investments, individuals and institutions are now beginning to explore decentralized finance (DeFi). Concept : Decentralized finance, or DeFi, loosely describes an alternative finance ecosystem where consumers transfer, trade, borrow and lend cryptocurrency, theoretically independently of traditional financial institutions […]
Corporate Tax Subject :Economy Section: Fiscal Policy Context: Corporate tax cut has led to a revenue loss of ₹1.84 lakh crore to the public exchequer as per the Parliamentary Estimates Committee report. Details: The Taxation Laws (Amendment) Bill, 2019 caused a reduction in the base corporate tax rate, that is, from 30 percent […]
Ondiveeran Subject :History Section: Modern India Context: Union Minister of State for Information and Broadcasting for authorizing a commemorative postal stamp for freedom fighter Ondiveeran. Concept: Ondiveeran was a native of NerkattumSeval near Sankarankoil in the erstwhile Tirunelveli district (since bifurcated and now in Tenkasi district). Ondiveeran was a trusted lieutenant in thePulithevan Army […]
Daily Practice Sheet 17 August 2022 Daily Prelims Topics 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 […]