Monthly Archives: May 2021

OXYGEN PARK

The Tamil Nadu Agricultural University (TNAU) has designed an ‘oxygen park’ within its premises at Coimbatore with Beema Bamboo. Important points: Beema or Bheema Bamboo is a superior clone, selected from Bambusa balcooa, a higher biomass yielding bamboo species. This bamboo clone has been developed by the conventional breeding method. This species is considered to be one of …

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INDIA-SWITZERLAND RELATIONS:

The 4th India-Swiss Financial Dialogue was held virtually through video conferencing. Important points: Talks for collaboration on various aspects including investments, International Financial Services Centre Authority (IFSCA), National Investment and Infrastructure Fund (NIIF), FinTech, sustainable finance and cross border financial services. The matters relating to G20, International Monetary Fund (IMF) and tax challenges arising from the digitalisation of the economy were discussed …

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MEMBERS OF PARLIAMENT LOCAL AREA DEVELOPMENT SCHEME

Recently, Rajasthan Government has approved a proposal to provide Rs. 3 crore each from the MLA Local Area Development (LAD) Fund to mobilise resources for Covid-19 Vaccination of the people in the age group of 18 to 44 years. For meeting the expenses, the fund for each legislator has been increased from Rs. 2.25 crore to Rs. 5 crore a year. …

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OSIRIS-REX

Recently, NASA’s OSIRIS-REx spacecraft departed from asteroid Bennu, and started its two-year long journey back to Earth. OSIRIS-REx is NASA’s first mission to visit a near-Earth asteroid, survey its surface and collect a sample from it. Important points: It is the United States’ first asteroid sample return mission, aiming to collect and carry a pristine, …

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PRADHAN MANTRI GARIB KALYAN ANN YOJANA

Recently, thirteen states have started distributing foodgrains under the Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY). The scheme has been rolled out again for two months (May and June 2021) as the country’s healthcare infrastructure has reached its capacity and several states have taken steps like complete lockdown, night curfew to contain the spread …

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NATIONAL FINANCIAL REPORTING AUTHORITY

National Financial Reporting Authority (NFRA) is in the process of creating a verified and accurate database of companies (Public Interest Entities) and auditors that come under the regulatory ambit of it. In this regard, the NFRA has been engaging with the Corporate Data Management (CDM) division of the Ministry of Corporate Affairs (MCA) and three …

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JAL JEEVAN MISSION (JJM).

The Union Territory of Puducherry has become the fourth State/UT after Goa, Telangana and Andaman & Nicobar Islands to provide assured tap water supply to every rural home under Jal Jeevan Mission (JJM). Further, the State of Punjab and the UTs of Dadra & Nagar Haveli and Daman & Diu have also crossed the milestone of covering 75% of rural homes with assured tap water supply. Important points: JJM envisages …

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URANIUM

Two people were arrested under the Atomic Energy Act, 1962 for possessing uranium without licence and selling it illegally. On testing, the sample was confirmed as natural uranium by Bhabha Atomic Research Centre (BARC). Important points: Uranium occurs naturally in low concentrations in soil, rock and water. It is a hard, dense, malleable, ductile, silver-white, …

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GOPAL KRISHNA GOKHALE

The Prime Minister of India paid tribute to Gopal Krishna Gokhale on his Jayanti. Gopal Krishna Gokhale was a great social reformer and educationist who provided exemplary leadership to India’s freedom movement. Important points: Birth: 9th May, 1866 in Kotluk village in present-day Maharashtra (then part of the Bombay Presidency). Gokhale worked …

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RISE IN GLOBAL COMMODITY PRICES

Recently, there has been an across-the-board rise in global commodity prices that is being billed as a new commodity super cycle. A commodity is a basic good used in commerce that is interchangeable with other goods of the same type. Commodities are most often used as inputs in the production of other goods or services. Important points: A …

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