DPN
Iran IAEA reach deal on inspections Subject: International developments Context: Diplomatic negotiations reached a fruitful outcome with the IAEA announcing a temporary deal for inspection of nuclear facilities in Iran. Concept: It is a 3-month arrangement for inspection of Iranian facilities. However, it will not have same access as before after a law […]
London Inter Bank Offered Rate (LIBOR) Subject: Economy Context: A new EY India report as majority of LIBOR rates are likely to be phased out by the end of 2021, the NBFCs in India need to plan for an effective Inter Bank Offered Rate (IBOR) transition. Concept: Report highlights LIBOR-linked borrowings and derivative […]
Special Purpose Acquisition Companies (SPAC) Subject: Economy Context: Many countries are today seeing SPAC as an alternative to Initial Public Offerings (IPOs) Concept: SPACs offer a new route for high-risk taking individuals to participate in the start-up euphoria. It is an empty corporate shell (or blank-cheque companies with no operations or business plans […]
Animal Husbandry Infrastructure Development Fund (AHIDF) Subject: Policy and schemes Context: The secretary Ministry of Animal Husbandry, Dairying and Fisheries talked of potential social, economic and nutritional benefit investment in animal husbandry can bring from funds like AHIDF can ensure. Concept: Last year as part of Atma Nirbhar Bharat package announcement was made […]
National Company Law Tribunal Subject: Polity Context: The Supreme Court on Monday allowed the NCLT, Mumbai, to continue proceedings Future Retail’s plea seeking permission for calling a shareholders’ meeting to approve its Rs 24,713 crore retail asset sale deal with Reliance Retail but asked the tribunal not to pass final orders sanctioning the […]
6G Subject: Science and Technology Context: The DoT is attempting to outline an overall framework of 6G and to provide directional guidance for the subsequent 6G research. Concept: The department is going to organize a webinar on February 24 to analyse the technical requirements and challenges to introduce 6G in the country for […]
Genome Valley Subject: Current Affairs Context: Telangana health minister talked about Hyderabad as the vaccine capita citing foreign envoys and Indian PM’s visit to the Genome valley. Concept: It is India’s first systematically developed R&D cluster in Hyderabad. It houses over 150 Companies, making it the country’s largest cluster of multi-tenanted lab space […]
Rashtriya Kamdhenu Aayog (RKA) Subject: Polity Context: RKA postponed the Cow Science exam after its chairman resigned yesterday. Concept: It was formed for conservation, protection and development of cows and their progeny by organizing animal husbandry on modern and scientific lines in 2019. It falls under the Department of Animal Husbandry and Dairying […]
SAGAR Subject: International Relations Context: India extended $100 million line of Credit to Mauritius which occupies important place in India’s SAGAR initiative. Concept: Security and Growth for All in the Region focusses on the Blue economy in the region. It seeks to strenthen India’s relations with her neighboring countries and further strengthens the […]
CBI and Consent of States Subject: polity Context: The SC sought the Centre, CBI reply in a plea challenging CBI’s jurisdiction in West Bengal mineral case as West Bengal withdrew general consent to the CBI in 2018. Concept: In last few years Mizoram, West Bengal, Rajasthan, Maharashtra, Chhattisgarh, Kerala and Jharkhand have withdrawn […]