DPN
Creating an Emergency Reserve: Essential Tips for Financial Stability Sub: Economy A contingency reserve is a crucial component of financial planning, designed to meet expenses during uncertain times and cover unexpected costs during normal periods. The importance of an emergency reserve, where to park it, and why relying solely on credit cards isn’t […]
Equity Derivatives: Not for the Uninitiated Sub: Economy Overview Equity derivatives, such as futures and options, are financial instruments used primarily for hedging purposes. However, for individual investors, these instruments often lead to substantial losses due to a lack of expertise and awareness. SEBI’s Warning In May 2023, the Securities and Exchange Board […]
IRDAI’s Initiatives to Improve Health Insurance Experience Sub: Science and tech Sec: Health The Insurance Regulatory and Development Authority of India (IRDAI) has implemented several consumer-centric reforms in the health insurance sector, aiming to enhance customer experience, streamline processes, and ensure timely and hassle-free claim settlements. Key Reforms by IRDAI Simplified Claim Process: […]
Electromagnet: driven by current Sub: Science and tech Electromagnets: Invented by William Sturgeon in 1824, electromagnets are crucial in various modern applications like loudspeakers, motors, MRI machines, maglev trains, and particle accelerators. They work by creating a magnetic field when an electric current flows through a coiled wire. This magnetic field is intensified […]
Indirect evidence builds, yet the ‘dark’ universe remains murky Sub: Science and tech General Theory of Relativity and Dark Universe General Theory of Relativity: The general theory of relativity has excelled in explaining gravity and phenomena like gravitational waves, lensing, redshift, black holes, and time dilation, refining Newton’s laws by describing gravity as […]
PM to visit Varanasi, release 17th PM-Kisan instalment Sub: Schemes Context: Prime Minister Narendra Modi will visit Varanasi and he will release the 17th instalment of the PM-Kisan Samman Nidhi, distributing over ₹20,000 crore to 92.6 million farmers. The event will be held at Mehndiganj, Sevapuri, where Modi will also award certificates to […]
India to host its first multinational air exercise Tarang Shakti in August Sub: Science and tech Sec: Defence Ex- Tarang Shakti- 2024: The Indian Air Force (IAF) will host its first multinational air exercise, Tarang Shakti-2024, in August, featuring participants from ten countries and several observers. Following the experience of the Red Flag […]
Daily Prelims Notes 17 June 2024 1. India to host its first multinational air exercise Tarang Shakti in August Sub: Science and tech Sec: Defence Ex- Tarang Shakti- 2024: The Indian Air Force (IAF) will host its first multinational air exercise, Tarang Shakti-2024, in August, featuring participants from ten countries and several observers. […]
Daily Prelims Notes 15 June 2024 1. India’s Growth and the ‘Beneficial Ownership’ Hurdle Sub: Economy Sec: External Sector Overview India aims to become a $5 trillion economy by 2025-26, and foreign investments are critical in achieving this goal. However, regulatory challenges, particularly regarding the ‘beneficial ownership’ clause in the Foreign Exchange Management […]
NSSO Survey Findings: Impact of COVID-19’s Second Wave on India’s Informal Economy Sub: Economy Sec: National Income The National Sample Survey Office (NSSO) conducted an Annual Survey of Unincorporated Sector Enterprises (ASUSE) to assess the impact of COVID-19, particularly the second wave, on India’s informal non-agricultural sector. Key Findings Initial Impact: The second […]