In Context Human rights groups Amnesty International and Human Rights Watch accused Russia of using cluster bombs and vacuum bombs in the ongoing war. What are Cluster Munitions? According to the 2008 Convention on Cluster Munitions, a cluster munition means a “conventional munition that is designed to disperse or release explosive submunitions each weighing less […]
In News Securities and Exchange Board of India (SEBI) announced that Madhabi Puri Buch has been appointed as the new Chairman of the board. The appointment is initially for a period of three years. Securities and Exchange Board of India (SEBI) About: SEBI is a statutory body established on April 12, 1992 in accordance with […]
In News The e-Bill processing system was launched during an event to mark the 46th Civil Accounts Day. The Finance Minister had announced this major e-governance initiative in the Union Budget 2022-23 presented in Parliament on February 1. About It will be implemented across eight ministries on pilot basis and then in all central ministries […]
In News Recently, India has improved its overall IP score from 38.4 percent to 38.6 per cent, and the country is ranked 43 out of 55 countries on the International Intellectual Property Index. This year (2022) the index is topped by the US with 95.4%. About International Intellectual Property Index It was released annually by […]
In News The Ministry of Fisheries, Animal Husbandry and Dairying is organizing the “Sagar Parikrama” program on the occasion of the 75th Azadi Ka Amrit Mahotsava. Sagar Parikrama About: As a mark of gratitude to our seas, Sagar Parikrama Program is saluting our great freedom fighters, sailors and fishers. The first leg of ‘Sagar Parikrama’ […]
In News Recently, 175 nations endorsed a historic resolution at the UN Environment Assembly (UNEA-5) in Nairobi to End Plastic Pollution and forge an international legally binding agreement by 2024. The historic resolution, entitled “End Plastic Pollution: Towards an internationally legally binding instrument”. United Nations Environment Assembly (UNEA) It was created in June 2012, when […]
In News Addressing the seventh post-budget webinar, India’s Prime Minister said the Union Budget 2021-22 has clearly laid down a roadmap for the 5G spectrum auction in the country. About The 5G spectrum auction date in India is currently unknown. This is because the Telecom Regulatory Authority of India (TRAI) is still working on providing […]
In News Recently, the government has suspended smart metre bids under its ?3.03 trillion Revamped Distribution Sector Scheme (RDSS) till 15 March due to multiple issues. Revamped Distribution Sector Scheme (RDSS) Aim: To help DISCOMs improve their operational efficiencies and financial sustainability. It is done by providing result-linked financial assistance to DISCOMs to strengthen supply […]
In News Investments in the Indian capital market through Participatory notes (P-notes) dropped to ?87,989 crore at the end of January and experts believe that foreign investors will continue with their negative stance amid the Ukraine crisis. About Participatory notes (P-notes) P-Notes are financial instruments required by investors or hedge funds to invest in Indian […]
In News Pension Fund Regulatory and Development Authority (PFRDA) is preparing to launch Minimum Assured Return Scheme (MARS). Minimum Assured Return Scheme (MARS) Aim: To have a separate scheme that can offer a guaranteed minimum rate of return to NPS subscribers, especially those who are risk averse. Currently, the NPS gives returns annually, based on […]
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