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Monthly Archives: June 2022

International Day of Yoga

In Context The 8th edition of the International Day of Yoga is being observed across the world.  About the International Day of Yoga It is celebrated every year on June 21 across the world to spread awareness about the benefits of yoga for health and well-being. The International Day of Yoga aims to raise awareness […]

Operation Sankalp

In News INS Trikand is currently deployed in the Persian Gulf and Gulf of Oman as part of Operation Sankalp. On an average 16 Indian-flagged merchant vessels are being provided safe passage each day in the Gulf region. About the Mission Indian Navy had commenced Maritime Security Operations, code named Op SANKALP, in the Gulf Region on […]

First notification for recruitment of Agniveers

In News Recently, the Indian Army issued the first notification for recruitment of Agniveers under the Agnipath scheme. About  Registration will be opened from July 2022 onwards by respective AROs [Army Recruiting Office] for Agniveer general duty, Agniveer technical, Agniveer technical (aviation/ammunition examiner), Agniveer clerk/store keeper technical, Agniveer tradesman 10th pass and Agniveer tradesman 8th […]

Spiny Horntail

In News  Recently , Rare dragonfly named Spiny Horntail was discovered in the Kottiyoor forests of Kannur of Kerala. Image Courtesy:TH About  The species that is known to be endemic to the Western Ghats was discovered in Maharashtra earlier this year. Prior to their finding, the dragonfly genus Burma Gomphus was represented by three species […]

Black Swan Event

In News A study by the Reserve Bank of India (RBI) talked about the possibility of capital outflows of $100 billion from India in case of a major global risk scenario or a “black swan” event. What is a “black swan” Event? Unpredictable event:  A black swan is a rare, unpredictable event that comes as a surprise […]

Ban on Single-use Plastic

In News Recently, the Central Pollution Control Board (CPCB) has ordered a ban on the use of single-use plastic from July 1.   About the recent announcement of Central Pollution Control Board (CPCB) Ban: This includes the manufacture, import, stocking, distribution, sale and use of single-use plastic items that are identified as those having low utility […]

Surety Bonds

In News Recently, the Ministry for Road Transport & Highways (MORTH) has asked insurance regulator IRDAI to develop a model product on Surety Bonds in consultation with general insurers. Key Points Several challenging issues which made Surety Bond a complete non-starter with the insurers were discussed and it was proposed to IRDAI that it should […]

Five states need to take steps to stabilise debt levels: RBI

In News The recent RBI study stated that a few of the Indian states are stressed with high debt-GSDP ratios. The study revolves around ten states – Punjab, Rajasthan, Kerala, West Bengal, Bihar, Andhra Pradesh, Jharkhand, Madhya Pradesh, Uttar Pradesh and Haryana. More about the study Debt-GSDP ratio: Based on the debt-GSDP ratio in 2020-21, […]

Revamping of Banks Board Bureau

In Context The Ministry of Finance is planning to bring more representatives from the insurance sector into the Banks Board Bureau (BBB), in a bid to expand and relaunch the body. Objectives and need behind the move  The move to revamp BBB comes after a Delhi High Court bench in 2021 pushed the same, saying […]

12th Ministerial Conference of the World Trade Organization

In News Recently, the World Trade Organization’s 12th Ministerial Conference was held in Geneva, Switzerland. Major Outcomes of  12th Ministerial Conference Meeting Curtailing harmful fishing subsidies: The WTO passed a multilateral agreement that would curb ‘harmful’ subsidies on illegal, unreported and unregulated fishing for the next four years, to better protect global fish stocks.  There […]

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