Ukraine claims it shot down Russia’s next generation hypersonic missile ‘Barrage’. A hypersonic missile is a weapon system which flies at least at the speed of Mach 5 i.e., five times the speed of sound and is maneuverable. The maneuverability of the hypersonic missile is what sets it apart from a ballistic missile as the …
Read More »Monthly Archives: May 2023
KUKI TRIBES
The Kukis are an ethnic group that includes multiple tribes inhabiting the North-Eastern India, parts of Burma, and Sylhet and Chittagong hill tracts of Bangladesh. The Kuki people are believed to be the native to the Mizo Hills. The Kukis are also known as Lushai, Darlongs, Rokhums and among the Burma boarder they are known as Chins. The major population of Kuki is in …
Read More »ALZHEIMER’S DRUG
The new Alzheimer’s drug Donanemab was found to slow down cognitive decline by 35% in people with early Alzheimer’s. Key Details: The new drug has been developed by the pharmaceutical giant Eli Lilly. It was observed that the new Drug named ‘Donanemab’, does not only slow down cognitive decline by 355 but …
Read More »PRIORITY SECTOR LENDING
The government is considering restructuring the priority sector lending (PSL) scheme to allow deposits made by banks in the Rural Infrastructure Development Fund (RIDF) and such other funds to qualify as exposure under PSL. What are the norms for PSL? Reserve Bank of India (RBI) regulations require banks to allocate 40% …
Read More »AADHAAR-ENABLED PAYMENT SERVICES
Aadhaar-enabled Payment Services (AePS) is a bank-led model which allows online financial transactions at Point-of-Sale (PoS) and Micro ATMs through the business correspondent of any bank using Aadhaar authentication. There is no need for OTPs, bank account details, and other financial details for AePS. It allows fund transfers using only the bank name, Aadhaar number, and fingerprint captured during Aadhaar enrolment. Are …
Read More »INDIA’S GOODS EXPORTS
India’s goods exports have fell the steepest in three years in April, 2023 because of the weakening global demand and declining commodity prices. According to the commerce ministry data, the Exports have declined by nearly 13% i.e., from $39.70 billion to $34.66 billion in the year-ago period. The Merchandise imports have also fell by 14% to $49.90 billion from …
Read More »MANDOVI RIVER WATER DISPUTE
Goa is concerned about Karnataka’s plan to construct the Kalasa Bhandura canal to divert water from the upper reaches of Mhadei to the Malaprabha basin. River Mandovi: River Mandovi is considered the ‘lifeline of Goa’. It is also known as Mhadei in its upper reaches. The Mandovi and the Zuari are the two primary rivers of Goa. Mandovi joins …
Read More »CYCLONE MOCHA
According to experts Mocha is the strongest cyclone on earth so far in this year. It has been categorized as an Extremely Severe Cyclonic Storm by the India Meteorological Department (IMD) and as a ‘Super Cyclone’ by global weather website Zoom Earth. Mocha became the strongest cyclone ever recorded in the North Indian Ocean, including …
Read More »HERITAGE TAG
Context: The Indian National Trust for Art and Cultural heritage (INTACH) has objected to the demolition of the Paralakhemundi railway station built in 1899 and has sought heritage status for it. The Paralakhemundi railway station: Located in the Gajapati district, Paralakhemundi railway station, is one of the oldest stations of Odisha. …
Read More »RIGHT TO PERSONAL LIBERTY
The Supreme Court has recently held that bail orders should neither be too long and elaborate nor come too late as both violate the constitutional mandate of personal liberty. Key details: The supreme court highlighted that, while rejecting or granting bail to accused persons, Judges should not slip into extensive deliberations …
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