Carbon Border Adjustment Mechanism Subject :Economy Context: European Union governments have reached a deal on the world’s first major carbon border tax to make its economy carbon-neutral by 2050. Concept: Carbon Border Adjustment Mechanism: The European Union has proposed a policy — called the Carbon Border Adjustment Mechanism — to tax products that […]
The Basel Committee on Banking Supervision Subject :Economy Context: The Group of Governors and Heads of Supervision endorsed global prudential standards for banks to limit their exposure to crypto. Details: It seeks to limit the exposure of banks to crypto to manage the risks associated with this volatile commodity. Crypto assets are categorized […]
Urban-20 Subject :International relations Context; Gujarat Chief Minister Bhupendra Patel on Monday unveiled the logo, website and social media handles of Urban-20 or U20 in Gandhinagar as part of G20 programmes to be held in the state next year. What is Urban-20: Urban 20 (U20) is an initiative developed in 2017 under the […]
Delimitation Subject: Polity Context: Recently DMK member Kanimozhi NVN Somu while speaking during the discussion on the supplementary demand for grants for 2022-23 said that delimitation of Lok Sabha seats and devolution of funds to states on the basis of population is unfair to southern states, which have implemented family planning programmes better […]
Dutch PM Apologises For 250 Years Of Slavery Subject: History Context: Dutch Prime Minister Mark Rutte on Monday officially apologised for 250 years of the Netherlands’ involvement in slavery, calling it a “crime against humanity”. About the news The apology comes almost 150 years after the end of slavery in the European country’s […]
Betta – Kuruba Tribes included in the ST list of Karnataka Subject: Polity Context: The Lok Sabha passed the Constitution (Scheduled Tribes) Order (Fourth Amendment) Bill, 2022 to include Betta-Kuruba in the Scheduled Tribes (STs) list of Karnataka as a synonym for the already categorised Kadu-Kuruba tribe in the State. Process for inclusion […]
Ban imposed by coastal States on purse seine fishing not justified, Centre tells SC Subject: Environment Context: The Union government has told the Supreme Court that a ban imposed by certain coastal States and Union Territories such as Tamil Nadu, Kerala, Puducherry, Odisha, Dadra and Nagar Haveli and Daman and Diu, and Andaman […]
Air quality turns ‘severe’; BJP requests L-G to intervene, call an all-party meeting Subject: Environment Context: For the second day in a row, dense fog hit Delhi Tuesday morning with visibility falling sharply in parts of the city. Experts attributed the increase in the city’s AQI to meteorological factors. Meteorological factors behind the […]
Lancet’s new commission aims to tackle potential public health threats for this century Subject: Environment Context: Leading general medical journal The Lancet announced a new commission December 15, 2022 to address public health threats. About the new commission: Name: The Lancet Commission on 21st-Century Global Health Threats Scope of work: It includes global […]
India not joining the Oil & Gas Methane Partnership is a missed opportunity Subject: Environment Context: The Methane Alert and Response System (MARS) initiative was launched by the United Nations Environment Programme (UNEP) at the 27th Conference of Parties (COP27) to the United Nations Framework Convention on Climate Change on November 11, 2022. […]