DPN Topics
What are the provisions of the High Seas Treaty? Subject : Environment Section: International conventions Context: On June 19, the UN adopted the Marine Biodiversity of Areas Beyond National Jurisdiction (BBNJ) or the High Seas Treaty. Treaty on Marine Biodiversity of Areas Beyond National Jurisdiction (BBNJ): It became the third agreement to be […]
Understanding solar flares: How explosions on Sun’s surface can lead to radio blackouts Subject :Science and technology Section: Space technology Context: The Sun emitted an X-class solar flare on July 2, 2023, disrupting radio communications over parts of the United States and the Pacific Ocean, according to media reports. Details: The flare, classified […]
GloBE rules Pillar II to come in action soon Subject : Economy Section: Fiscal Policy Background: Organisation for Economic Co-operation and Development (OECD)’s Base Erosion and Profit Shifting (BEPS) emerged in 2015 in an effort to set rules for taxing international business income especially in the digitalised and globalised business environment. OECD’s BEPS […]
GST Council to discuss demand of CGST and IGST refund in 11 hill states Subject : Economy Section: Fiscal Policy In News: GST Council is likely to discuss a demand of industrial units located in 11 Himalayan and North-Eastern states for reimbursement of full Central GST and 50% of net Integrated GST (IGST) […]
Finance Ministry stresses on reforms for higher FDI inflows Subject : Economy Section: External Sector Key Points: Finance Ministry has pointed to the importance of reforms in key areas to push-up the FDI inflows. FDI flows, have dropped since last year and may remain subdued in the near term. Gross FDI flows moderated […]
Capital Account Convertibility Subject : Economy Section: External Sector Context: India is on the cusp of fundamental shifts in the capital account convertibility space, with increased market integration in the offing and freer non-resident access to debt on the table Concept : Capital account of any country records the net changes in its […]
Internationalisation of rupee Subject: Economy Section: External Sector Context: The Reserve Bank of India’s (RBI) inter-departmental group (IDG) has recommended a roadmap to achieve the internationalisation of the rupee. Key Points: What is Internationalisation? Internationalisation is a process that involves increasing the use of the rupee in cross-border transactions, similar to the other […]
Border states to get financial aid to set up rehabilitation homes for victims of trafficking Subject: Schemes Concept: The Central Government has decided to help build infrastructure in border areas to combat child trafficking and help in rehabilitation and protection of victims. About Trafficking in border areas of India: India is a source […]
Mosaic viruses Subject : Science and tech Section: Biotechnology Concept : Farmers in Maharashtra have said their tomato crop was impacted by attacks of the cucumber mosaic virus (CMV), while growers in Karnataka blamed the tomato mosaic virus (ToMV). About CMV and ToMV The two plant pathogens have similar names and cause similar […]
Credit card usage: Why RBI wants banks to let customers choose among few Subject: Economy Section: Monetary Policy Concept : At a time when the credit card business of banks is booming, the Reserve Bank of India (RBI) wants credit card issuers (banks and finance companies) to allow customers opt for their desired […]