GS3

GS3 – ECONOMICS The Indian rupee has experienced its sharpest depreciation in the past two years, with its exchange rate against the US dollar crossing the 85 mark. Exchange Rate: The exchange rate refers to the value of one currency relative to another, effectively representing the price of one currency …

GS3 – ECONOMICS  The PM CARES (Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund) received Rs 912 crore in 2022-23, according to the latest audited accounts. About PM CARES Fund: It is a public charitable trust registered under the Registration Act, 1908. The fund does not receive any …

GS3 – ECONOMICS  Treasury Bills (T-Bills) are short-term government securities issued by the Reserve Bank of India (RBI) on behalf of the Indian government. They are used as a tool for managing the country’s short-term liquidity and are typically issued at a discount, with the government repaying the face value …

GS3 – SCIENCE & TECH India’s space program, primarily spearheaded by the Indian Space Research Organisation (ISRO), has been one of the most successful and cost-effective in the world. ISRO was established in 1969 and has since achieved several significant milestones, advancing India’s position as a leading player in space …

GS 2 – International Relation  India and Bangladesh share deep-rooted ties stemming from cultural, linguistic, and historical connections. These bonds were solidified during significant historical events such as the Partition of India in 1947, which caused widespread suffering and separation of families. India played a pivotal role in Bangladesh’s Liberation …

GS 3 – GEOGRAPHY  Names: Tibet: Yarlung Tsangpo. India: Dihang (Arunachal Pradesh), Brahmaputra (Assam). Bangladesh: Jamuna. Source: Originates from the Chemayungdung Glacier near Mount Kailash in Tibet, separated from Manasarovar Lake by the Mariam La Pass. Course: Tibet: Flows through the Tsangpo Valley, receiving tributaries like Raga Tsangpo. India: Cuts …

GS 3 – SCIENCE & TECHNOLOGY  Recent Development: Russian scientists claim to have developed an mRNA vaccine capable of suppressing tumor growth and metastasis, as reported by Russia’s state-run news agency. Key Terms: Vaccine: A substance that stimulates the immune system to combat harmful pathogens. Cancer Vaccine: Therapeutic vaccines aimed …

GS3 ECONOMICS The Reserve Bank of India (RBI) has published its annual report for 2023-24 under the Banking Regulation Act, 1949, providing insights into the performance of the banking sector. Scheduled Commercial Banks (SCBs) Credit Growth and Profitability: SCBs reported enhanced profitability for the sixth consecutive year. Asset Quality: Gross …

GS3 SCIENCE & TECH  Recent research on ancient rocks and fossils from Mount Ashibetsu in Japan has shed new light on Ocean Anoxic Event 1a (OAE 1a), which occurred approximately 119.5 million years ago. This event, marked by a severe depletion of oxygen in the oceans, led to significant extinctions, …

GS3 – SCIENCE & TECH  The All India Council for Technical Education (AICTE), in partnership with the National Quantum Mission (NQM), has introduced India’s inaugural Undergraduate Minor Program in Quantum Technologies. This initiative is aimed at developing a skilled workforce and advancing India’s global standing in the field of quantum …

GS 3 – INTERNAL SECURITY:  The Ministry of Defence has introduced the ‘Rashtraparv’ platform, comprising a website and mobile app, to provide easy access to information about national festivals. Defence Secretary Rajesh Kumar Singh highlighted its simplicity and user-friendly design, allowing citizens to stay updated on various celebrations and events. …

GS 3 – Economy   Small Finance Banks (SFBs) are special banks approved by the Reserve Bank of India (RBI) to offer banking services to low-income individuals and underserved communities. They provide services like microfinance, small loans, savings, and insurance. After starting operations, SFBs are recognized as scheduled banks under the …

GS 3 – Science and technology  Dark Patterns are design tricks used by websites and apps to manipulate users into doing things they didn’t intend, often for the company’s benefit. These designs take advantage of human psychology to get users to make choices that are not in their best interest. …

GS 3 – Geography   Rare Earth Elements (REEs) are a group of 17 chemical elements that play a crucial role in modern technology, energy, and defense industries. Despite the name, they are not necessarily “rare,” but they are often difficult to find in concentrated forms suitable for extraction. REEs are …

GS 3 – Economy  The RBI (Reserve Bank of India) Monetary Policy is a key tool used by the RBI to control inflation, maintain price stability, and promote economic growth in India. It helps manage money supply, interest rates, and overall economic stability. Understanding its basics is crucial for the …