Daily Archives: November 25, 2020

NEGATIVE YIELD BONDS

CONTEXT: China sold negative-yield debt for the first time. 5-year bond was priced with a yield of – 0.152%, and the 10-year and 15-year securities with positive yields of 0.318% and 0.664%. What are negative yeild bonds? These are debt instruments that offer to pay the investor a maturity amount …

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BRAHMOS MISSILE

CONTEXT: Recently, India has successfully test-fired a land-attack version of the BrahMos supersonic cruise missile from the Andaman and Nicobar Islands. The test by the Army comes over a month after the Naval version of BrahMos was successfully test fired from Indian Navy’s indigenously-built stealth destroyer INS Chennai. Features : …

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LACHIT BORPHUKAN

CONTEXT: PM pays tribute to Lachit Borphukan on Lachit Diwas. Background: During the last phase of the Battle of Saraighat 1671, when the Mughals attacked the Assamese forces through the river in Saraighat, many Assamese soldiers began losing their will to fight. It was Lachit’s clarion call to all the …

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CHANG’E-5 MISSION

CONTEXT: China has launched an unmanned spacecraft to bring back lunar rocks, the first attempt by any nation to retrieve samples from the Moon in four decades. MAIN POINTS The Chang’e-5 mission, named after the ancient Chinese goddess of the moon, will seek to collect lunar material to help scientists …

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NATIONAL NUTRITION MISSION

CONTEXT: Recently, the NITI Aayog has released “Accelerating Progress On Nutrition In India: What Will It Take”, the third progress report on the National Nutrition Mission or the Poshan Abhiyaan. MAIN POINTS Launched in 2018, it is the Government of India’s flagship programme to improve nutritional outcomes for children, pregnant …

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