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ARTICLES

ARTICLES

ARTICLES

Q. Why is this in News?A. Recently, the Union Minister of Power & New and Renewable Energy has launched the new market segment, Green Day Ahead Market (GDAM) at the Indian Energy Exchange.India is the only large electricity market in the world to implement a Green Day Ahead Market (GDAM) exclusively for renewable energy.Q. What is Indian Energy Exchange?A. Indian Energy Exchange is the first and largest en... Read More...

  Nov 06, 2021   Bio-diversity, Environment

Q. Why is this in News?A. Recently, the Supreme Court (SC) has appointed an expert committee [to be overseen by a retired apex court judge (Justice Raveendran Committee)] in the Pegasus case.Under the case, the Union Government is alleged to have used spyware for surveillance on private citizens.Q. What is Supreme Court Judgment?A. Judicial Principle Against Bias:The court rejected the government’s plea to set up its own probe.The court ... Read More...

  Nov 05, 2021   Security and Disaster Management

Q. Why is this in News?A. Recently, a report named G20 Climate Risk Atlas from the Euro-Mediterranean Center on Climate Change (CMCC) has said that G20 (Group of 20) countries including the wealthiest like the US, European countries, and Australia will bear extreme impacts of climate change over the coming years.The first study of its kind, it provides climate scenarios, information, data and future changes in climate across the G20 countries.The report came two days ahead of the G20 summit... Read More...

  Nov 05, 2021   Bio-diversity, Environment

Q. Why is this in News?A. Recently, the Ministry of Earth Sciences (MoES) has launched India’s first manned ocean mission “Samudrayaan” in Chennai.With this Unique Ocean Mission, India joined the elite club of nations such as the US, Russia, France, Japan, and China to have niche technology and vehicles to carry out subsea activities.Q. What about it ?A. It is India’s first unique manned ocean mission that aims to sen... Read More...

  Nov 05, 2021   Government Schemes

Q. Why is this in News?A. Recently, the SWAMIH (Special Window for Affordable & Mid-Income Housing) fund has made its first complete exit from an investment made for completion of a residential project in Mumbai.It has already completed over 1,500 homes in seven projects and is on track to complete at least 10,000 homes every year. Q. What is it ?A. This is a government backed fund that was set up as a Category-II AIF (Alternate Investment Fund) debt fund registered with SEBI (Securities and Exchange Board of... Read More...

  Nov 04, 2021   Awards

Q. Why is this in News?A. Recently, the United Nations Environment Programme (UNEP)’s Emissions Gap Report 2021 has been published.This is the twelfth edition of the UNEP Emissions Gap Report. It informs that the new national climate pledges combined with other mitigation measures put the world on track for a global temperature rise of 2.7°C by the end of the century. Read More...

  Nov 04, 2021   Economy

Q What is the context  ?A In Tamil Nadu, the Karuppur kalamkari paintings and the Kallakurichi wood carvings recently received the geographical indication (GI) tags.Q What are details about  Kallakurichi Wood Carvings ?A Kallakurichi Wood Carvings Read More...

  Nov 03, 2021   Economy

Q What is the context  ?A The Monetary Policy Committee of the RBI kept the benchmark policy rates unchanged, and retained the accommodative stance in its October review.Q What are Factors playing part in monetary policy decisions ?A Monetary policy these days is influenced by both local macroeconomic developments and the global monetary policy direction, with the former playing a dominant role.Locally, after the second wave of the pandemic, a variety of indicators such as the Purchasing Managers Index (manufacturing and services), mobility indicators... Read More...

  Nov 03, 2021   Economy

Q What is the context  ?A The Union Commerce Minister has announced that the government has decided to waive customs duty on import of crude sunflower, palm and soyabean oil, a move aimed at controlling their prices.Q What is status of Edible Oil Imports in India ?A Given the heavy dependency on imports, the Indian edible oil market is influenced by the international markets.Of the 20-21 million tonnes of edible oil that India consumes annually, around 14-15 mt is imported.India is second only to China (34-35 mt) in terms of consumption of edible oil.Pa... Read More...

  Nov 02, 2021   Economy

Q What is the context  ?A International Energy Agency (IEA) has invited India, the world’s third-largest energy consumer, to become its full-time member.Q What are some details about  International Energy Agency (IEA) ?A The IEA is an autonomous intergovernmental organization established in the framework of the Organisation for Economic Co-operation and Development (OECD) in 1974 in the wake of the 1973 oil crisis.Based in Paris, IEA was initially dedicated to responding to physical disruptions in the supply of oil, as well as serving as an information source on s... Read More...

  Nov 02, 2021   Science and Technology

Q What is the context ?A On Dec 18, 2021, after years of delays, the James Webb Space Telescope is scheduled to launch into orbit and usher in the next era of astronomy.Q What are some key details about James Webb Space Telescope (JWST) ?A JWST is a joint NASA–ESA–CSA space telescope that is planned to succeed the Hubble Space Telescope as NASA’s flagship astrophysics missionIt is the most powerful space telescope ever built.It will enable a broad range of investigations across the fields of astronomy and cosmology, including observing some of the most distant ... Read More...

  Nov 01, 2021   Science and Technology

Q What is the context  ?A The 2021 Nobel Prize in Economic Sciences was awarded to three US-based economists.Nobel Committee awarded half the Prize to David Card for his “empirical contributions to labour economics”Other half to Guido Imbens and Joshua Angrist “for their methodological contributions to the analysis of causal relationships” Read More...

  Nov 01, 2021   Awards

Today's Current Affairs Question:Write on China’s new Land Border Law and what it means for India. Read More...

  Oct 30, 2021   Current Affairs

Q  Why is it in News ? A Recently, the Lunar Science Workshop 2021, was conducted by Indian Space Research Organisation (ISRO) to commemorate the completion of two years of operation of Chandrayaan-2 orbiter in lunar orbit.According to the ISRO, the observations of the Chandrayaan-2 orbiter payloads have yielded discovery-class findings .The Chandrayaan-3 mission is likely to be launched late next year.The failure of Chandrayaan-2, India’s second mission to the Moon, to make a soft landing on the lunar surface had led to much disappointment.  But that di... Read More...

  Oct 31, 2021   Science and Technology

Q Why is it in News ?A The Account Aggregator system in banking has been started off with eight of India’s largest banks. In this newscard, we shall learn it in a FAQ manner.Q What is an Account Aggregator?A An Account Aggregator (AA) is a type of RBI regulated entity (with an NBFC-AA license) that helps an individual securely and digitally access and share information from one financial institution they have an account with to any other regulated financial institution in the AA network.Data cannot be shared without the consent of the individual.There will be many ... Read More...

  Oct 31, 2021   Economy

Q Why is the context ?A The Cabinet Committee on Economic Affairs has approved the proposal of the Department of Fertilizers for fixation of Nutrient Based Subsidy Rates for P&K Fertilizers for the year last quarter of the year 2021-22.Q What is Nutrient Based Subsidy (NBS) Scheme ?A The NBS Scheme for fertilizer was initiated in the year 2010 and is being implemented by the Department of Fertilizers.Under the scheme, a fixed amount of subsidy decided on an annual basis is provided on each grade of subsidized P&K fertilizers, except for Urea based ... Read More...

  Oct 30, 2021   Economy

Q What is the context  ?A The Ministry for Environment, Forests and Climate Change (MoEFCC) has published proposed amendments to the Forest Conservation Act, 1980.Q What are key features of The Forest (Conservation) Act, 1980 ?A The FCA is the principal legislation that regulates deforestation in the country.It prohibits the felling of forests for any “non-forestry” use without prior clearance by the central government.The clearance process includes seeking consent from local forest rights-holders and from wildlife authorities.The Centre is empowered to reject such ... Read More...

  Oct 30, 2021   Polity

Today's Current Affairs Question:Analyse the trade-offs between biodiversity conservation and livelihoods. Read More...

  Oct 29, 2021   Current Affairs

Today's Current Affairs Question:Comment on the significance of the Supreme Court order on the Pegasus episode. Read More...

  Oct 28, 2021   Current Affairs

Q Why is the context ?A The PM has launched the Indian Space Association (ISpA), an industry body consisting of various stakeholders of the Indian space domain.Q What is Indian Space Association (ISpA) ?A The ISpA is a premier industry association of space and satellite companies, which aspires to be the collective voice of the Indian space industry.It will be headed by retired Lieutenant General AK Bhatt, who will be its Director General.It will target to undertake policy advocacy and engage with all stakeholders in the Indian space domain. It will engage with the g... Read More...

  Oct 29, 2021   Science and Technology