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Daily Current Affairs – 28 May, 2025

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    Importance of Ahilyabai Holkar

    In News

  • Madhya Pradesh is marking the 300th birth anniversary of Maratha queen Devi Ahilyabai Holkar with a major state-led campaign. 

    • Ahilyabai Holkar

  • Early Life: She  was the Holkar Queen of the Maratha-ruled Malwa kingdom in India.
  • She was Born in Chaundi village, Maharashtra, to Mankoji Rao Shinde.
  • She received an education from her father despite the norms against women's education at the time.
  • Personal Tragedies:   Ahilyabai Holkar's husband, Khanderao, died in the Battle of Kumbher in 1754. Twelve years later, her father-in-law, Malhar Rao Holkar, also passed away.
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    Madden-Julian Oscillation Helped Trigger the Early Onset of the Monsoon

    Context

  • The early onset of the southwest monsoon over Kerala this year has caught the attention of meteorologists.

    • What is Madden-Julian Oscillation (MJO)

  • The MJO is a moving system of winds, clouds, and pressure that brings rain as it circles around the equator. 
  • It was discovered in 1971 by Roland Madden and Paul Julian.
  • The system travels eastward at 4–8 m/s and circles the globe typically every 30–60 days, though it can take up to 90 days.
  • As it moves, strong MJO activity often splits the planet into two parts — one in which the MJO is in active phase and brings rainfall, and the other in which it suppresses rainfall.
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    Government mulls 15-year Stay Requirement for Ladakh Domicile Tag

    Context

  • The Union Government is considering a new policy for Ladakh under which citizens who have had a continuous 15-year stay in the region, beginning 2019, will be considered domiciles.

    • Background

  • Ladakh became a Union Territory in 2019 without a Legislative Assembly after Article 370 of the Constitution was read down by the Parliament.
  • A year later, the region comprising Buddhist-dominated Leh and Muslim-dominated Kargil district, erupted in protests pressing forth constitutional safeguards such as Statehood for Ladakh, inclusion of Ladakh in the Sixth Schedule of the Constitution thus giving it a tribal status, job reservation for locals and a parliamentary seat each for Leh and Kargil.
  • Since it became a UT, recruitment for gazetted government posts is yet to begin in Ladakh.
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    ED Listed CPM in Money Laundering Case

    Context

  • The Enforcement Directorate (ED) has listed the Communist Party of India (Marxist) or CPM as an accused in the Karuvannur Cooperative Bank money laundering case.

    • Impact of Money Laundering

  • Reduces Tax Revenue: As illicit funds are hidden from authorities, governments suffer significant losses in tax collection, weakening their ability to fund public services.
  • Creates Asset Bubbles: Laundered money is often invested in real estate, gold, or luxury goods, leading to artificial inflation and economic disparities.
  • Hampers Investment: Uncertainty and lack of transparency caused by money laundering deter foreign and domestic investment.
  • International Repercussions: Countries perceived to have weak anti-money laundering measures face sanctions or restrictions from global bodies such as the Financial Action Task Force (FATF), affecting international relations and trade.
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    Quantum Technology Research Centre

    Context

  • Defence Research and Development Organisation (DRDO) inaugurated the Quantum Technology Research Centre (QTRC).

    • About

  • Aim: To strengthen indigenous quantum capabilities for strategic and defence applications.
  • QRTC is equipped with state-of-the-art experimental set-ups designed to propel research and development in critical quantum domains. 
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    News In Short-28-05-2025

    Context

  • Savarkar Jayanti is celebrated on May 28, marking the birth of Vinayak Savarkar in 1883.

    • About

  • Vinayak Damodar Savarkar (1883–1966), also known as Veer Savarkar, was a freedom fighter, poet, writer, and political ideologue.
  • He urged Indians to embrace revolution to achieve independence.
  • While studying at Fergusson College in Pune, he founded the secret society “Abhinav Bharat” in 1904, advocating armed resistance against British rule.
  • In London, he established the “Free India Society” and authored The First War of Independence, highlighting the 1857 revolt.
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