DPN
What causes inflation in India: Demand or supply issues? Subject :Economy Section: Inflation and Unemployment Context: Typically, inflation in India is primarily influenced by factors related to supply but there are times when demand factors also play a significant role, according to an article published by the Reserve Bank of India as a part of their December bulletin. What is Inflation? Inflation, as defined by the International Monetary Fund, is the rate of increase in prices over a given period, encompassing a broad measure of […]
Daily Prelims Notes 20 December 2023 Table Of Contents US announces 10-nation force to counter Houthi attacks in Red Sea Host’s last minute withdrawal leaves historic Science Congress in the lurch Tax ‘HFSS’ foods, view it as a public health imperative How do animals see in the dark? Volcano erupts in southwest Iceland […]
Highlights on MoD and PAC Disagreement on Soldiers’ Needs Subject: Polity Section: National Body Contention Over Winter Supplies: The Ministry of Defence (MoD) and Lok Sabha’s Public Accounts Committee (PAC) disagree over issues related to winter clothing, equipment, and ration for soldiers deployed at high altitudes. Funding Challenges: PAC emphasizes the need for […]
RBI Tightens Norms for Lenders Investing in AIFs: Key Points Subject :Economy Section: Monetary Policy Objective: The Reserve Bank of India (RBI) has tightened norms for lenders investing in Alternative Investment Funds (AIFs) to address concerns related to evergreening of stressed loans. Concerns Addressed: The central bank aims to curb transactions involving the […]
Reconstitution of National Start-up Advisory Council Subject :Economy Section: National Income The National Start-up Advisory Council (NSAC) has been reconstituted by the Indian government. 31 non-official members have been nominated for the NSAC, representing various stakeholders in the startup ecosystem. Non-official members include founders of successful start-ups, veterans with experience in scaling companies, […]
El Nino-fuelled Northeast monsoon caused the deluge in south Tamil Nadu Subject: Environment Section: Climatology Context Many parts of southern Tamil Nadu got flooded due to Cyclone Michaung in early December. The cause for this is an active Northeast monsoon (NEM) fuelled by the El Nino phenomenon, which is peaking right now. Details: […]
Volcano erupts in southwest Iceland after weeks of earthquakes Subject: Geography Section: Geomorphology Context: A volcano erupted close to an Iceland power plant after weeks of intense seismic activity southwest of Reykjavik. The eruption was only 3-km from the evacuated fishing port of Grindavik on the Reykjanes peninsula. Geography of Iceland: Iceland, situated […]
How do animals see in the dark? Subject :Environment Section: Species in news Photoreception: Photoreception is the activation of a biological process by light. Most organisms, including humans, respond to light. Some animals react to light waves not perceived by humans. Vertebrates have two types of photosensitive cells, rods and cones, so called […]
Tax ‘HFSS’ foods, view it as a public health imperative Subject :Science and Tech Section: Health India’s Dietary Shift: India, a major producer and consumer of sugar, has seen a sharp rise in high-fat sugar-salt (HFSS) food consumption. The processed food industry consumes 50%-60% of produced sugar, salt, and fat. Sales of snacks […]
Host’s last minute withdrawal leaves historic Science Congress in the lurch Subject :Science and Tech Section: Msc Context: A month after announcing that it would host the 109th edition of the Indian Science Congress, the Jalandhar based Lovely Professional University (LPU) has backed out. What is the India Science Congress? With a history dating back to 1914, the Science […]