Context Recently, scientist has developed a new technology named ‘RoboMapper’ which have been able to develop alloys with ‘perovskites materials’ that can improve solar cells. About the Technology: The RoboMapper is able to develop alloys with perovskites materials that can do material testing in a more efficient and Read More …
Day: July 27, 2023
Nipah Virus (NiV)
Context: Indian Council of Medical Research’s National Institute of Virology (ICMR-NIV) has found evidence of the Nipah virus circulation in the bat population across nine states and one Union Territory. About Nipah Virus: The first outbreaks of the Nipah virus among humans was Read More …
Pacific Islands capture India’s strategic focus
Context: India is exploring the possibility of trilateral cooperation with France and Australia in the strategic Pacific Islands. Pacific Islands: The Pacific Islands are a group of islands in the Pacific Ocean. It comprises three ethnogeographic groupings—Melanesia, Micronesia, and Polynesia. Melanesia: The main island groups Read More …
Cantonment Towns and Administration
Context The Ministry of Defense has decided to demerge civil areas from Military Stations and integrate them with municipalities in their respective states, aiming to move away from the British-era concept of cantonment towns. What are cantonments? Cantonments —or cantts, as they are often referred Read More …
Revamped Distribution Sector Scheme (RDSS)
Context The Kerala government is facing trouble over the Centre’s Revamped Distribution Sector Scheme (RDSS), which envisages pre-paid smart electricity meters in households and revamping the power distribution network in the country. Background The Central Government has launched the Revamped Distribution Sector Scheme (RDSS) with an outlay of Rs. 3, 03,758 Read More …
Jammu and Kashmir Reorganisation (Amendment) Bill, 2023
Context The Home Ministry has tabled Jammu and Kashmir Reorganisation (Amendment) Bill, 2023 in the Lok Sabha to nominate two members from the “Kashmiri Migrants” community. Highlights of the Bill: The Jammu and Kashmir Reorganisation (Amendment) Bill, 2023 provides for the following, namely: to insert new sections 15A Read More …
Resilient, but just: On the IMF’s economic outlook and lopsided growth
Context: The International Monetary Fund’s latest update to its World Economic Outlook shows lopsided growth that bypasses poor nation’s risks weighing down the global economic pace. IMF’s prediction: Recovered effects of Bank collapses and instability: The World economy is showing signs of Read More …
T+1 Trade settlement
Context: The SEBI recently shortened the settlement cycle to trade-plus-one (T+1) from T+2. T+1 Trade settlement: The current cycle of ‘T+1’ in India means trade-related settlements happen within a day, or within 24 hours of the actual transaction. The migration to the T+1 cycle Read More …
White Label ATM- Enhancing atm accessibility in Tier III to VI centers.
Context: The Reserve Bank of India (RBI) recently authorized non-bank companies to establish, own, and operate White Label ATMs (WLAs) in India. This measure improves ATM accessibility in Tier III to VI centers. What are White Label ATMs (WLAs)? They are the machines Read More …
Asset Reconstruction Companies (ARCs)
Context: Due to the large number of available written-off loans with lenders and the government’s efforts to recover these loans, ARCs are utilizing the chance to purchase these loans. About Asset Reconstruction Companies (ARCs): Definition: It is a Specialized financial institution dealing with Read More …