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Sagarmala Program

In News  The Ministry of Ports, Shipping and Waterways organised an event to commemorate the successful seven years of Sagarmala program.  Objectives and Need for Port-Led Development in India To  address infrastructural and operational challenges India is one of the fastest growing large economies in the world with a GDP growth rate of 7.3% in […]

Crypto Currencies

In News The Lok Sabha approved the Finance Bill, 2022. The approval completes the budgetary process for the next financial year. It has proposed to levy a flat 30% tax on capital gains from crypto currencies/assets, non-fungible tokens (NFT) etc. with effect from April 1, 2022. What is a Cryptocurrency? It is a digital currency […]

Reserve Bank Innovation Hub (RBIH)

In News  Recently, the Reserve Bank of India (RBI) governor inaugurated the Reserve Bank Innovation Hub (RBIH) in Bengaluru which is intended to encourage and nurture financial innovation in a sustainable manner through an institutional set-up. About RBIH It has been set up as a Section 8 company under the Companies Act, 2013 with an […]

World Air Quality Report 2021

In News  The 2021 World Air Quality Report was released, the report presented an overview of the state of global air quality in 2021. About IQAir, a Swiss group that measures air quality levels based on the concentration of Particulate Matter (PM) 2.5. IQAir endeavours to engage, educate, and inspire governments, researchers, Non-Government Organisations, companies, […]

Pure Time Preference Theory

In Context The pure time-preference theory of interest is an economic theory that seeks to explain the phenomenon of interest.  About Pure Time Preference Theory American economist Frank Fetter was the best-known proponent of the pure time-preference theory in the 20th century through his 1904 book The Principles of Economics.  It states that interest arises […]

Pacer Initiative

In News The Polar Science and Cryosphere (PACER) scheme has been approved for continuation during 2021-2026. About Pacer Initiative The Polar Science and Cryosphere Research (PACER) scheme comprises the Antarctic program, Indian Arctic program, Southern Ocean program and Cryosphere and Climate program. Implementation: It is implemented through National Centre for Polar and Ocean Research (NCPOR), […]

GSAT 7 Satellites

In News  The Defence Acquisition Council (DAC) cleared the Acceptance of Necessity (AoN) for procurement of a GSAT 7B satellite, along with equipment like Night Sight (image intensifier), 4X4 light vehicles, and Air Defence Fire Control Radar (light). What are the GSAT 7 series satellites? GSAT 7 satellites are advanced satellites developed by the Indian […]

Building Digital Skills for the Changing Workforce

In News A recent report titled “Building Digital Skills for the Changing Workforce” has stated that about 7% of India’s workforce will need digital skills training in the coming years. What are Digital Skills? They are broadly defined as the skills needed to “use digital devices, communication applications, and networks to access and manage information,” […]

Lead Poisoning

In News High levels of lead were found in the blood of thousands of children living around the Kabwe mine in Zambia. About Kabwe Location: Kabwe is located about 150 kilometers north of the country’s capital Lusaka. Kabwe is the capital of the Zambian Central Province. Named Broken Hill until 1966: it was founded when […]

Abel Prize

In News Recently, the Abel Prize has been awarded to American Professor Dennis Parnell Sullivan. He was awarded the prize “For his groundbreaking contributions to topology in its broadest sense, and in particular its algebraic, geometric and dynamical aspects.” About Abel Prize Named after:  Norwegian mathematician Niels Henrik Abel (1802–1829) Awarded annually to outstanding mathematicians.  […]

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