DPN Topics
Subprime Borrower Subject – Economy Context – Credit growth led by households as corporate demand slides: RBI Concept – A subprime borrower is a person considered to be a relatively high credit risk for a lender. Subprime borrowers have lower credit scores and are likely to have multiple negative factors in their credit […]
Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules 2021 Subject – Governance Context – Centre notifies new rules for consumer commissions Concept – The Centre has notified the Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021, revising the […]
Clinical Trial Terminology Subject – Science and Tech Context – Covaxin trials on children show robust safety, says Bharat Biotech Concept – While preclinical research that is done in a lab can provide foundation information about how a drug may work and its safety, it is not a substitute for studies that show […]
Delta vs Omicron Subject – Science and Tech Context – Omicron to replace Delta as dominant variant: Experts Concept – Parameter Omicron Delta Origin The Omicron variant was first detected in Botswana (on November 11) and three days later in South Africa. Delta variant was first identified in India in December 2020 as […]
R-value Subject – Science and Tech Context – R-value over 1 in big cities, likely start of third wave Concept – The reproduction number or R is an indicator of how quickly a disease is spreading in the population. An R-value of 1, which signifies that every infected person is passing on the […]
Flex-Fuel Vehicles Subject – Economy Context – Minister of Road Transport and Highways Nitin Gadkari has called on carmakers to start manufacturing flex-fuel vehicles and flex-fuel hybrids in India, while saying the same will be commute-ready within six months. Concept – Flex fuel vehicles (FFV) are capable of running on 100 per cent […]
Inverted Duty Structure Subject – Economy Context – Relook at inverted duty structure for textiles, the main agenda of GST Council Concept – An inverted duty structure comes up in a situation where import duties on input goods are higher than on finished goods. In other words, the GST rate paid on purchases […]
OUTER SPACE TREATY Context: China has accused the US of ignoring its obligations under the Outer Space treaty as it alleged that Starlink satellites launched by US billionaire Elon Musk’s firm SpaceX had two close encounters this year with its Space Station in orbit. Concept: Historical background: The Outer Space Treaty was adopted by the UN […]
AADHAR LINKAGE CONTEXT: The Union Government passed Election Law (amendment) Bill to link voter IDs with Aadhaar cards. ABOUT ELECTION LAWS (AMENDMENT) BILL, 2021 Salient Feature – It provides for amendment of section 23 of the Representation of People’s Act, 1950, enabling the linking of electoral roll data with the Aadhaar ecosystem. This […]
GST COUNCIL CONTEXT: The 46th GST council meeting will be held. MORE FROM THE NEWS The GST Council meeting will be an extension to the pre-budget meeting with state finance ministers. Discussion on rate rationalization and inverted duty structure will be the key feature of the meeting. Discussion on reviewing the GST rates […]