Yield Spread Widening between SDLs and G-Secs Subject: Economy Section: Monetary Policy Yield Spread Widens to Two-Year High: The spread between yields on 10-year state bonds and the benchmark 10-year government bond has widened. On Tuesday, the yield spread reached 53 basis points (bps), marking a two-year high. The last time it widened […]
Concerns raised by RBI over Credit Information Companies (CICs) Subject: Economy Section: Monetary Policy Reserve Bank of India (RBI) expressed concerns over Credit Information Companies (CICs), urging them to address key areas for service improvement. Rise in Customer Complaints: RBI flagged an increase in customer complaints related to credit information. Six Key Areas […]
Daily Prelims Notes 2 January 2024 Table Of Contents Japan earthquake triggers tsunami warning: What is a tsunami, why does it keep forming in the island country? India in 2023: strides in climate action, criticism of conservation PM Modi set to unveil North India’s first river rejuvenation project ‘Devika’ Research underway to produce […]
Schemes for Slum Dwellers and Urban Poor Subject :Geography Section: Economic and Human geography Context: One in every six urban Indians lives in slums. In Andhra Pradesh one in every three urban households is a slum. Nine out of every 10 slum households in Odisha are either without a drainage connection or […]
India Records Trade Deficit With Nine Top Trading Partners in April-October FY24: Report Subject :Economy Section: External Sector Context: India’s total merchandise exports decreased by 6.51% to $278.8 billion in April-November period of FY24.India’s imports fell by 8.67% to $445.15 billion during the same period. More on news: During the first seven months […]
Directives issued by RBI on Inoperative Accounts Subject :Economy Section: Monetary Policy Annual Review of Dormant Accounts: Central Bank instructed to conduct an annual review of accounts with no customer-induced transactions for over a year. Term deposit accounts without explicit renewal mandates, where funds remain unwithdrawn after maturity, are also subject to review. […]
How radiocarbon dating revolutionised science Subject :Science and Tech Section: Nuclear technology Context: The technology allowed scholars a clearer and measurable view of the past, clarifying the history of human migration, the rise and fall of civilisations, and undulations of the earth’s climate. About Radiocarbon dating: Radiocarbon Dating is a method by which the age of an object can be determined. This technique involves a method that does this using radiocarbon, a name for the isotope carbon-14. Process of […]
IIT-Delhi project looks to make biotherapeutics more accessible Subject :Science and Tech Section: Biotechnology Context: Biologic drugs used to treat cancer and other auto-immune disorders are often beyond the reach of patients, due to their high prices. But IIT-Delhi has developed a platform that strikes at one of the key reasons for the […]
Research underway to produce bioethanol and biohydrogen from silkworm-rearing waste Subject :Science and Tech Section: Biotechnology Context: The Central Sericultural Research and Training Institute (CSRTI) in Mysuru has taken up a pilot-scale project to produce bioethanol and biohydrogen from mulberry shoots and silkworm excrement. Details: The studies at CSRTI assume significance in the […]