DPN
Non-lapsable Defence and Internal Security Modernisation Fund Subject: Security Context: The 15th Finance Commission (FC) recommended Non-lapsable Defence and Internal Security Modernisation Fundin its report to ensure continuity in fund support. Concept: The 15th FC has recommended ₹1.5 lakh crore be shifted from the Consolidated Fund of India over five years. The commission […]
National Health Authority Context: To ensure better accessibility of medical facilities for its beneficiaries ESIC has joined hands with the NHA under PM-JAY to avail of its medical infrastructure. Concept: National Health Agency was restructured as the “National Health Authority” for better implementation of Pradhan Mantri – Jan Arogya Yojana (PM-JAY). It is […]
Unit-linked Investment Plans (ULIPs) Subject: Economy Context: Private insurers ended with huge losses due to plunge in ULIPs during 2019-20. Concept: It is a multi-faceted insurance product issued by insurance companies that combine insurance coverage and investment exposure in a single offering. regular premium payments, part of which are utilized to provide insurance […]
Habeus Corpus Context: A report by the Forum on Human Rights in Jammu and Kashmir has concluded that the priority to counter-insurgency has vitiated protections like habeas corpus, prevention of illegal detention Concept: The SC (under Art 32) and the HC (under art 226) can issue writs(a formal written order issued by a […]
Tribunals Subject: Polity Context: The government proposes to wind up five tribunals, including Airport Appellate Tribunal, Authority for Advance Rulings and Intellectual Property Appellate Board, Appellate Tribunal under the Cinematograph Act and Plant Varieties Protection Appellate Tribunal through Tribunals Reforms (Rationalisation and Conditions of Service) Bill, 2021 Concept: Tribunalisation has become a major […]
Power to make changes in the SC list Context: The Union government on Saturday introduced a Bill in the Lok Sabha to group seven Scheduled Caste groups in the Tamil Nadu under a common nomenclature as “DevendrakulaVellalars”. Concept: The bill to classify the community is based on accepting the recommendation of the Hansraj […]
Speaker of Lok Sabha Context: In a session marked by four straight days of disruption, heightened aggression, bitter fights and deepening divides, the Lok Sabha, according to Speaker Om Birla, has seen “record productivity” over the past three days. Concept: Amidst the frequent disruptions, running to well and decline in parliamentary productivity the […]
Daily Prelims Notes 13 February 2021 By Santosh Sir All 6 Prelims qualified 4 CSE Mains qualified If I can do it, you can too Table Of Contents Inter-state Workmen Act (Regulation of Employment and Conditions of Service) Act 1979 Collegium Losar Leader of Opposition News Showcase Affordable Rental Housing Complexes scheme […]
Hot money Subject: Economy Context: The Reserve Bank of India’s strategy to shift some of its rupee intervention to the forwards market is drawing hot money in India. Concept: Hot money refers to the currency that quickly and regularly moves between financial markets and is invested for short-term. In this investors lock in […]
Tax buoyancy Subject: Economy Context: the finance secretary said the revised estimates of revenue and expenditure for the current fiscal were realistic and tax buoyancy expectations are realistic. Concept: Tax buoyancy explains relationship between the changes in government’s tax revenue growth and the changes in GDP. It refers to the responsiveness of tax […]