Context The Reserve Bank of India (RBI) has decided to maintain the repo rate at 6.5%, marking the ninth consecutive meeting where this key policy rate has remained unchanged. This decision reflects the RBI’s commitment to controlling inflation while supporting economic growth. Read More …
Tag: GS Paper 3
India plans to mandate cyber security measures for power grids
Context As the backbone of modern civilization, power grids are critical infrastructure that ensures the delivery of electricity to homes, businesses, and essential services. However, the increasing interconnectivity and reliance on digital technologies have made power grids vulnerable to cyber Read More …
What is Yen carry trade and why did it help trigger a global stock market fall?
Context Recently Sensex and Nifty 50 witnessed a heavy sell-off on 5th August, 2024 as the rout in global equities intensified amid US recession concerns and panic in the Japanese Yen Carry Trade. About The Yen Carry Trade is a Read More …
Ground level Ozone Pollution
Context Delhi-NCR has topped the list of 10 cities for most days crossing ground level ozone pollution levels. About The evaluation is based on granular, real-time data (15-minute averages) from the Central Pollution Control Board. The record analysed metropolitan areas Read More …
As big cat population plummets, Chhattisgarh approves country’s third largest tiger reserve
Chhattisgarh cleared a proposal to establish a new tiger reserve, the third largest in the country, due to the recent plunge in its tiger population. Current Tiger Reserves in Chhattisgarh: Chhattisgarh currently, has three tiger reserves: Achanakmar Tiger Reserve in Mungeli district, Indravati Tiger Read More …
Trade Policy For Viksit Bharat
This year’s budget gave pride of place to the long-term goal of Viksit Bharat 2047 and mentioned that reforms in many areas would be needed to achieve it, particularly in trade policy. With the flagship program of “Make in India” and a vision of becoming Read More …
Exploration of Geothermal Energy
Context Recently Geological Survey of India (GSI) has carried out exploration of geothermal energy in various recognized geothermal fields which includes collection of data on temperature, discharge, and quality/chemistry of water in different geothermal fields. Key Highlights GSI has studied Read More …
GST on Life and Health insurance Premiums
Context Opposition parties in India are demanding that Goods and Services Tax (GST) on life insurance and health insurance premiums should be withdrawn. About GST replaced all indirect taxes like provider tax and cess from 2017. Since GST encapsulates carrier Read More …
New AI tool can decode DNA sequences
Recently, In the journal Nature Machine, findings on this new tool “GROVER” which can extract important information out of DNA sequences were published. About DNA DNA, or deoxyribonucleic acid, is the central information storage system of most animals and plants, and even some viruses. DNA is Read More …
Appropriation (No.2) Bill 2024
Context Recently the Lok Sabha has passed the Appropriation (No.2) Bill 2024. About It is a vital legislative measure that authorises the Central Government of India to draw funds from the Consolidated Fund of India to meet its expenditure for Read More …