DPN

    Changes to Juvenile Justice Act Context: Amendments to the Juvenile Justice (Care and Protection of Children) Act 2015 were approved by the government. Concept: According to the amendments, before anyone becomes a member of the child welfare committees (CWC), their background and educational qualification will be checked Increasing the role of district magistrates […]

    PLI scheme for telecom Subject: Economy Context: The cabinet approved a production-linked incentive (PLI) scheme worth Rs 12,195 crore for telecom equipment manufacturing Concept: The Cabinet today has approved the Production Linked Incentive (PLI) Scheme for Telecom and Networking Products. This was done after encouraging success of PLI related to Mobile and component […]

    Defamation Subject: Polity Context: The Delhi court acquitted journalist Priyamani of criminal defamation charges for raising voice against sexual harassment against Ex-Minister M J Akbar. Concept: Defamation is the oral or written communication of a false statement which harms the reputation of an individual person, business, product, group, government, religion, or nation. Under […]

    Daily Prelims Notes 17 February 2021 By Santosh Sir All 6 Prelims qualified 4 CSE Mains qualified If I can do it, you can too   Table Of Contents Switch Delhi Campaign Maharaja Suheldev Grants by the Finance Commission IMF’s Extended Fund Facility Persevarance rover Credit Default Swaps Non-convertible debentures (NCD) LG of […]

    COVAX Subject: Science and technology Context: WHO gave green light to two versions of the AstraZeneca-Oxford COVID-19 vaccine for emergency use to be rolled out globally through COVAX. Concept: The vaccines are produced by AstraZeneca-SKBio (Republic of Korea) and the Serum Institute of India (SII). For Emergency Use Listing WHO assessed the quality, […]

    Assets under management (AUM) Subject: Economy Context: A report highlighted that the assets of non-banking financial companies (NBFCs) are likely to touch ₹1.5-1.8 lakh crore, or 6-7.5% of their assets under management (AUM) by the end of this fiscal. Concept: Asset quality of NBFCs is expected to deteriorate further due to disruption of […]

    LG of Puducherry/UTs Subject: Polity Context: Kiran Bedi was removed as the Lieutenant-Governor of Puducherry with the Telangana governor taking additional charge of the UT. Concept: Constitutional provisions Article 239 in The Constitution of India 1949 provides for every Union territory to be administered by the President by an administrator appointed by him, […]

    Non-convertible debentures (NCD) Context: Future Consumer firm has an interest obligation of Rs 13.89 crore, due on NCDs upto November 15, 2020, remains unpaid, raising fears of new defaults. Concept: Debentures are one of the long-term financial instruments issued by companies to borrow. It is different from “Share” which is the capital (representing […]

    Credit Default Swaps Context: RBI releases draft norms for Credit Default Swaps Concept: draft guidelines on credit default swaps (CDS) by RBI: Retail users will be allowed to undertake transactions in permitted credit derivatives for hedging their underlying credit risk. non-retail users will be allowed to undertake transactions in credit derivatives for both […]

    Persevarance rover Subject: Science and Technology Context: The NASA’s Persevarance rover is set to land on MARS on Friday. Concept: Closely on the heels of UAE’s Hope mission entered Martian orbit, and was followed closely by a Chinese mission Tianwen-1 the NASA’s Perseverance rover is scheduled to touch down on Mars. It shows […]