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CHANDRAYAAN-3

The Chandrayaan-3 Mission is aimed at demonstrating critical technologies to land the spacecraft on the south pole of the moon. It is a follow-on mission to Chandrayaan-2 to demonstrate end-to-end capability in safe landing and roving on the lunar surface. Chandrayaan-3 is a composite of three modules i.e., propulsion, lander and rover. The mission …

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DOTTED LANDS

The Andhra Pradesh government has started removing “dotted lands” in the state from the prohibited list. The Andhra government has started to remove the “dotted lands” in the state from the prohibited list. This will lead to restoration of full rights of selling or pledging these lands to the farmers who own them. Over …

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THE ARTIFICIAL SWEETENER

The World Health Organization has recommended against using artificial sweeteners WHO in a recent report has recommended against using artificial sweeteners to achieve weight loss and prevent lifestyle diseases such as diabetes. The report emphasized that while there was a need to cut intake of sugar, it should not be replaced by artificial …

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PLI SCHEME FOR IT HARDWARE

The Central Government approved Rs. 17,000cr PLI scheme For IT hardware Government approved the second phase of the Production Linked Incentive or PLI scheme for IT hardware The move is aimed to accelerate domestic manufacturing of hi-tech electronics, building on efforts that catapulted India to become the second-largest mobile phone manufacturer in the …

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LIBERALIZATION REMITTANCE SCHEME (LRS)

Government amends the rules under the Foreign Exchange Management Act, to bring in the international credit card spends outside India under the Liberalized Remittance Scheme (LRS). The usage of an international credit card to make payments towards meeting expenses during a trip abroad was not covered under the LRS. The spendings through international …

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NUTRIENT BASED SUBSIDY (NBS) SCHEME

The Central government approved Nutrient Based Subsidy for Nitrogen(N), Phosphorus(P), Potash(K) and Sulphur(S) for the 2023 kharif Season On the proposal of the Department of Fertilisers, the central government has revision of the NBS rates for Kharif Season (April-September) 2023 and for Rabi Season (January-March, 2023). Rs 70,000 crore will be spent …

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LIBOR BENCHMARK

RBI recently stated that some financial institutions were yet to facilitate an absolute transition away from the LIBOR benchmark. What is LIBOR? The London Interbank Offered Rate (LIBOR) is a global benchmark interest rate that combines individual rates at which banks opine they may borrow from each other at the London interbank …

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TRIMBAKESHWAR MAHADEV TEMPLE

Maharashtra Government orders SIT probe over dispute regarding forceful entry of into the Temple. The Trimbakeshwar Mahadev Temple: Trimbakeshwar town is an ancient Hindu Pilgrim center located at the source of the Godavari River, 28 kms from Nashik in Maharashtra. Trimbakeshwar Mahadev Temple is considered one of the 12 Jyotirlingas. Trimbakeshwar means …

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THE MATRILINEAL SOCIETY OF MEGHALAYA

A tribal council’s order not to issue a Scheduled Tribe (ST) certificate to any Khasi person who adopts the surname of his/her father. The Khasi is an indigenous tribe of Meghalaya numbering about 1.39 lakh. They are of the three matrilineal communities of North-east besides the Garo and Jaintias. Following the matrilineal law of inheritance, …

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THE FIRST INDIGENOUS VACCINE AGAINST DENGUE

Drug makers Serum Institute of India and Panacea Biotec are moving closer to develop the country’s first vaccine against dengue. They have applied to the Indian Council of Medical Research’s (ICMR) call for ‘Expression of Interest’ for collaborative Phase-III clinical trials for indigenous manufacturers. Phase-III clinical trial is being done for evaluation of efficacy, along with …

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