Context The Kerala state government is going to take a move in Supreme Court (SC), against the Central government’s decision to cut down the State’s borrowing limit. The State would be deprived of about? 20,000 crore due to the slashed borrowing limit and revenue deficit grant in 2023-24. Constitutional provisions: Article Read More …
Day: June 18, 2023
Nehru Memorial Museum & Library
Context: Recently, the nomenclature of the Nehru Memorial Museum & Library (NMML) situated in the Teen Murti Complex was changed to Prime Ministers’ Museum & Library (PMML). About Teen Murti Complex: Teen Murti House was built in 1929-30 as part of Edwin Read More …
Fish Kill
Context: Recently, tens of thousands of dead fish washed up on multiple beaches of southeast Texas, USA. The incident took place due to a phenomenon called “fish kill”. About Fish Kill: It is the sudden and unexpected death of many fish or Read More …
Landfall of a Cyclone
Context: According to the India Meteorological Department (IMD), the landfall process of Cyclone Biparjoy started near Jakhau port in Gujarat. About Landfall of Cyclone: Landfall is the event of a tropical cyclone coming onto land after being over water. As per Read More …
MQ-9 Reaper
Context: Ministry of Defence has approved the acquisition of 31 armed MQ-9 Reaper Unmanned Aerial Vehicles (UAVs) from the US. The clearance for procuring the drones was given by a meeting of the Defence Acquisition Council (DAC). Image Source: The Read More …
U.S., Japan, Philippines agree to strengthen security ties
Context According to recent information, the United States, Japan, and the Philippines held their first joint talks and agreed to strengthen their defense cooperation as growing tensions escalate against China and North Korea in the Indo-Pacific region. About the development: Details: For economic and Navigational Read More …
Prime Minister’s US visit and agenda
Context According to latest information, Prime Minister of India is going for a ‘State Visit’ to the U.S. which is scheduled from June 21 to 23. The Prime Minister will also celebrate International Yoga Day at UN Headquarters during the visit. About The Read More …
Compromise Settlement for Wilful Defaulters
Context: The Reserve Bank of India (RBI) has allowed wilful defaulters and loans accounts involved in frauds to go in for a compromise settlement with banks to settle their dues. About Compromise Settlement: It refers to a negotiated settlement where Read More …
E-20
Context: Recently, the Union Minister of Petroleum and Natural Gas, announced that the E-20 version of petrol will soon be available at oil marketing companies (OMCs) nationwide. About E-20 Fuel: E20 fuel refers to a blend of gasoline (petrol) and Read More …
Sovereign Gold Bond Scheme 2023-24
Context: The Centre notified that two tranches of Sovereign Gold Bonds will be launched in the first half of FY24. About Sovereign Gold Bond Scheme: It was launched by the Government in November 2015, under Gold Monetisation Scheme. Objective: To reduce Read More …