GS

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 …

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 …

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, …

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 …

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 …

There was a decrease in the number of vaccine doses administered in the week starting 1st May 2021, after the government “opened up” vaccination beyond priority groups, to its lowest level in eight weeks. Covid-19 vaccines are being developed at a pace faster than for any other disease, yet there are shortages. Important points: …

The NITI Aayog and Mastercard have released a report titled ‘Connected Commerce: Creating a Roadmap for a Digitally Inclusive Bharat’. The report identifies challenges in accelerating Digital Financial Inclusion (DFI) in India and provides recommendations for making digital services accessible to its 1.3 billion citizens. Digital Financial Inclusion “Digital financial inclusion (DFI)” can be defined broadly as digital …

A number of Covid-19 patients are developing a serious fungal infection known as Mucormycosis also called black fungus. Important points: Mucormycosis: It is a serious but rare fungal infection caused by a group of molds called mucormycetes, which is abundant in the environment. It mainly affects people who have health problems or take medicines that lower the body’s ability to fight germs and sickness. The types of …

The Prime Minister of India paid tributes to Maharana Pratap on his Jayanti. Important points: Rana Pratap Singh also known as Maharana Pratap was born on 9th May 1540 in Kumbhalgarh, Rajasthan. He was the 13th King of Mewar and was the eldest son of Udai Singh II Maharana Udai Singh II ruled the kingdom of Mewar, with his capital at …

The Prime Minister paid tribute to Gurudev Rabindranath Tagore on 160th Jayanti on 7th May, 2021. Important points: He was born in Calcutta on 7th May 1861. He was also referred to as ‘Gurudev’, ‘Kabiguru’, and ‘Biswakabi’ He is regarded as the outstanding creative artist of modern India and hailed by W.B Yeats, Rabindranath Tagore was a Bengali poet, novelist, and painter, who …