Daily Archives: April 17, 2021

MULTISYSTEM INFLAMMATORY SYNDROME IN CHILDREN

Recently, doctors in the United States have reported neurological symptoms in children with Multisystem Inflammatory Syndrome in Children (MIS-C). Important points: MIS-C is a rare but severe hyperinflammatory condition in children and adolescents that typically occurs 2-6 weeks after a Covid-19 infection. It is a potentially deadly condition where different …

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GLOBAL DIABETES COMPACT

The World Health Organization (WHO) launched a Global Diabetes Compact to better fight the disease while marking the centenary of the discovery of insulin. The programme was launched at the Global Diabetes Summit co-hosted by the Government of Canada. Important points: The Global Diabetes Compact has the vision of reducing …

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WHITE EVER PAINT

The team of researchers from Purdue University have created an ultra-white paint. The newer paint is whiter and keeps the surface areas it is painted on cooler and thus can act as a breakthrough in combating the woes of global warming. Important points: The new ultrawhite white paint reflects 99% …

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EXTRADITION

Recently, the UK’s Home Department has approved the extradition of Nirav Modi, a diamond merchant to India in connection with the Rs. 13,758-crore Punjab National Bank (PNB) fraud. India and the UK entered into an extradition treaty in 1992. Important points: Extradition is the process by which one state, upon …

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FASTAG

Recently, the Union government told the Bombay High Court that making FASTag mandatory for all vehicles does not breach a citizen’s fundamental right to freedom of movement in any way. A Public Interest Litigation was filed in the Court challenging the government’s decision to make FASTag, the electronic toll collection …

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NEFT & RTGS

Recently, the Reserve Bank of India (RBI) has proposed to enable, in a phased manner, payment system operators to take direct membership in RTGS and NEFT. Real Time Gross Settlement System (RTGS) and National Electronic Fund Transfer (NEFT) are the Centralised Payment Systems (CPSs) of the RBI. Non-bank payment system …

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INDIA IN US CURRENCY PRACTICES MONITORING LIST

Recently, the United States (US) placed 11 countries, including India in the Currency Practices Monitoring List (Currency Manipulators Watch List). India was on the list in the December 2020 report as well. In 2019, the US Treasury Department had removed India from its currency manipulator watch list of major trading …

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