Daily Prelims Notes 2 July 2024 1. Will the Hosur airport become a reality? Sub: Geography Sec: Economic geo Context: Tamil Nadu Chief Minister M.K. Stalin plans to set up an international airport on 2,000 acres in Hosur. Significance of Hosur: Capacity: The airport will handle three crore passengers annually. Location: Hosur is […]
RBI Joins ‘Project Nexus’ for Instant Cross-Border Retail Payments Sub: Economy Sec: Monetary Policy Overview: The Reserve Bank of India (RBI) has joined “Project Nexus”, an international initiative to enable instant cross-border retail payments by interlinking domestic Fast Payment Systems (FPSs). About Project Nexus: Conceptualization: Developed by the Innovation Hub of the Bank […]
What is on the agenda for the 16th Finance Commission? Sub: Polity Sec: Federalism Context: The 16th Finance Commission (FC) has begun its work, established under Article 280 of the Indian Constitution, primarily focusing on the devolution of the consolidated fund. More on news: Since the 73rd and 74th constitutional amendments, local bodies […]
Rewilding, artificial insemination, population study; Rs 56 crore approved for next phase of Bustard conservation Sub: Environment Sec: Species in news Context: The Ministry of Environment, Forest and Climate Change (MoEFCC) approved Rs 56 crore for the next phase of Great Indian Bustard (GIB) and Lesser Florican conservation. Details: The plan includes habitat […]