Daily Archives: February 1, 2025

MARKET INFRASTRUCTURE INSTITUTIONS (MIIS)

PRELIMS BITS  The Securities and Exchange Board of India (SEBI) issued guidelines for evaluating the performance of statutory committees of Market Infrastructure Institutions (MIIs). About MIIs Definition: Organizations providing infrastructure for trading securities, regulated by SEBI. Includes: Stock exchanges, depositories, and clearing corporations. Purpose: Enabling trading, securing investor holdings, and transaction settlement.

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TYPHON MID-RANGE MISSILE SYSTEM

PRELIMS BITS  The Philippines offered to remove the Typhon mid-range missile system, a U.S. missile system, if China ceases its aggressive actions in the South China Sea. About Typhon Mid-Range Missile System Also Known As: The U.S. Army’s Strategic Mid-Range Fires (SMRF) System. Missiles: Capable of launching SM-6 missiles and Tomahawk cruise …

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REPUBLIC OF GUINEA

PRELIMS BITS  Guinea has successfully eliminated the gambiense form of human African trypanosomiasis (HAT), also known as sleeping sickness. Political and Geographical Features Location: Western Africa, on the Atlantic coast. Boundaries: Guinea-Bissau (northwest), Senegal (north), Mali (northeast), Côte d’Ivoire (southeast), and Liberia and Sierra Leone (south). Climate: Tropical (hot and humid). Mountain Ranges: Nimba, …

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NAVIKA SAGAR PARIKRAMA-II

PRELIMS BITS The INSV Tarini, under Navika Sagar Parikrama-II, successfully passed through Point Nemo, the location in the South Pacific Ocean farthest from land. About Navika Sagar Parikrama-II Objective: An ambitious circumnavigation of the globe by two female Indian Navy officers aboard the INSV Tarini, covering over 21,600 nautical miles. First …

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TELECOM DISPUTES SETTLEMENT & APPELLATE TRIBUNAL (TDSAT)

PRELIMS BITS The TDSAT stayed penalties imposed by the Telecom Regulatory Authority of India (TRAI) on telecom companies for failing to curb spam. About TDSAT Establishment: A statutory body set up by an amendment to the TRAI Act, 1997, in 2000. Function: Adjudicates disputes, disposes of appeals, and protects the interests of …

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TELECOM DISPUTES SETTLEMENT & APPELLATE TRIBUNAL (TDSAT)

PRELIMS BITS The TDSAT stayed penalties imposed by the Telecom Regulatory Authority of India (TRAI) on telecom companies for failing to curb spam. About TDSAT Establishment: A statutory body set up by an amendment to the TRAI Act, 1997, in 2000. Function: Adjudicates disputes, disposes of appeals, and protects the interests of …

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DIGITAL PAYMENTS INDEX (DPI)

PRELIMS BITS  The Reserve Bank of India (RBI) published the RBI–Digital Payments Index (RBI-DPI). About RBI-DPI Objective: To measure the extent of digitization in payment systems and the adoption of online transactions. Release Frequency: Semi-annual (March and September). Base Period: March 2018. Parameters: Payment enablers, payment infrastructure (demand and supply-side factors), payment performance, and …

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KARA SEA INCIDENT

PRELIMS BITS A Russian nuclear-powered vessel, ‘50 Let Pobedy,’ collided with a cargo vessel in the Kara Sea. Kara Sea: A shallow marginal sea of the Arctic Ocean, located north of Siberia, Russia. It is one of the coldest seas in the world. Rivers Draining into Kara Sea: Kara, Ob, Pyasina, Yenisei. …

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SUPREME COURT DIRECTIONS ON PALAR RIVER POLLUTION

PRELIMS BITS  The Supreme Court issued directions to curb pollution caused by tanneries in the Palar River, Tamil Nadu. Palar River Pollution: The river is heavily polluted by untreated chemical effluents from tanneries, including toxic heavy metals like chromium. Tanneries: Factories where animal hides are processed into leather. Untreated discharge causes irreversible …

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UN PEACEKEEPERS (BLUE HELMETS)

PRELIMS BITS The UN Resident Coordinator in India emphasized the importance of building lasting partnerships for Blue Helmets to effectively tackle global threats. Blue Helmets: Refers to UN peacekeepers, who wear blue helmets during peacekeeping missions worldwide. About UN Peacekeepers Origin: Began in 1948 with the deployment of military observers to West …

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INDIAN AI MODEL LIKELY IN 6 MONTHS: UNION MINISTER FOR ELECTRONICS & INFORMATION TECHNOLOGYINDIAN AI MODEL LIKELY IN 6 MONTHS: UNION MINISTER FOR ELECTRONICS & INFORMATION TECHNOLOGY

GS3 SCIENCE & TECH The Union Minister for Electronics & Information Technology announced that an indigenous AI model could be ready within six months. The Minister also launched a call for proposals under the India AI Mission, inviting startups, researchers, and entrepreneurs to develop foundational AI models using Indian datasets. Features …

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CHINA’S EXPERIMENTAL ADVANCED SUPERCONDUCTING TOKAMAK (EAST) SETS NEW FUSION REACTION RECORD

GS3 SCIENCE & TECH  China’s Experimental Advanced Superconducting Tokamak (EAST), also known as China’s Artificial Sun, maintained a steady-state high-confinement plasma operation for over 1,000 seconds, reaching a temperature of 100 million °C. Tokamak: A machine that confines plasma using magnetic fields in a donut shape to harness fusion energy. Significance of …

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INTERNATIONAL YEAR OF GLACIERS

GS1: Geography The United Nations has declared 2025 as the International Year of Glaciers’ Preservation to highlight the importance of glaciers and the need for climate action. Glaciers hold 70% of the world’s freshwater, and their rapid melting threatens water supplies, raises sea levels, and risks coastal areas. What Are …

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