Non-Fungible Tokens Subject – Economy Context – French luxury fashion brand Hermès is suing American digital artist Mason Rothschild who created the MetaBirkins series of NFTs (Non-Fungible Tokens), a rapidly growing part of the crypto world. Concept – Why are NFTs considered to be unique digital assets? An NFT is a unique, irreplaceable […]
National Master Plan Portal Subject – Economy Context – National master plan portal to be ready by end of March Concept – The Gati Shakti programme announced by Prime Minister Narendra Modi last year envisages a digital platform for a national master plan of infrastructure projects in the country which will be ready by March 31, 2022. Prime Minister Modi announced the […]
Variable Rate Repo auction under LAF Subject – Economy Context – RBI holds variable repo auction as GST outflow tightens liquidity Concept – Call money market is a market for uncollateralised lending and borrowing of funds. This market is predominantly overnight and is open for participation only to scheduled commercial banks and the […]
Employees Provident Fund Organization (EPFO) Subject – Economy Context – EPFO adds 13.95 lakh subscribers in November 2021 Concept – To know about EPFO, please refer November 2021 DPN.
Brent at 7-year high Subject – Economy Context – Oil prices are at their highest levels since 2014 — Brent crude hit $88.3 per barrel on Thursday, up 27% since December 1, when it was trading at $69.5. Concept – Why is crude rising? The spike has been driven primarily by fears of […]