DPN
Subject: Economics Context: COVID-19 will significantly erode the fiscal consolidation achieved by the State governments in the past three years, the RBI said in a report. RBI has also said that Gross Fiscal Deficit (GFD) of the States would spiral during the current fiscal. Concept: Fiscal consolidation implies reduction in debt accumulation and fiscal deficit. […]
Subject: Govt Schemes Context: Government extends deadline to make payment under Vivad se Vishwas scheme till March 31, 2021. Concept: The amnesty scheme, at present, covers disputes pending at the level of commissioner (appeals), Income Tax Appellate Tribunals (ITAT), high courts, the Supreme Court and those in international arbitration. It offers a complete waiver on […]
Subject : Legislation Context : The Ministry of Home Affairs (MHA) designated 18 more individuals(all Pakistan based) as “terrorists” under the amended anti-terror law(UAPA) that was passed by Parliament last year. Concept : UAPA was passed in 1967. It aims at effective prevention of unlawful activities associations in India. Unlawful activity refers to any action […]
Subject : Polity Context : The Union home ministry notified rules allowing outsiders to buy non-agricultural land in J&K more than a year after the region’s special status under Articles 370 and 35A was scrapped, and it was split into two Union territories. Concept : Background : People from outside the state were barred from […]
Subject: Govt Schemes Context: IRDAI has come out with guidelines for Saral Jeevan Bima and has laid that all life insurers must offer this product from January 1 ,2021. Concept: Key features It will be a non-linked, non-participating individual pure risk premium life insurance plan providing for payment of the sum assured in lump sum […]
Subject: Health Context : The Non-Communicable Diseases-Covid link has led to a global focus on the use of trans fatty acids. Concept: Trans fats Trans fatty acids (TFAs) or Trans fats are the most harmful type of fats which can have much more adverse effects on our body than any other dietary constituent. These fats […]
Table Of Contents DIPAM Fertilizer subsidy CERC BIRDS OF GOD COMPOSITION TAXPAYER SAGARMALA INCOIS OPEC LOKUR COMMITTEE 1. DIPAM Subject: Economy Context: DIPAM to monetise assets worth over ₹100 crore. Concept: The Department of Investment and Public Asset Management (DIPAM) under the Ministry of Finance has been made the nodal department for […]
Subject : Polity Context : The Supreme Court on Monday decided to keep in abeyance its previous order appointing former Supreme Court judge Justice Madan B. Lokur to a one-man committee to monitor/prevent stubble-burning in Uttar Pradesh, Haryana and Punjab. Concept : The committee will be helped by student volunteer forces deployed from the National […]
Subject: International Organization Context: The Organization of Petroleum Exporting Countries (OPEC) is hoping that lockdowns and curfews in some countries in the event of a second or third wave of COVID-19 infections will not dent global energy demand as much as in the second quarter of this year. Concept: The Organization of the Petroleum Exporting […]
Subject: National Organization Context: India is much safer against tsunami threat than it was in 2004, because of the state-of-the-art tsunami early warning system established at Indian National Centre for Ocean Information System (INCOIS) according to INCOIS director. Concept: INCOIS (an autonomous body under the Ministry of Earth sciences) is also providing tsunami advisories to […]