Explained: The Pinaka missile system

News: The Ministry of Defence(MoD) has announced that it’s acquisition wing had signed contracts with three Indian companies for supply of six regiments of the Pinaka Rocket System to be deployed along borders with Pakistan and China. Facts: Pinaka: It is a multiple rocket launcher produced in India and developed by the Defence Research and… Continue reading Explained: The Pinaka missile system

RBI releases revised Priority Sector Lending(PSL) guidelines

News: Reserve Bank of India(RBI) has released revised priority sector lending (PSL) guidelines to augment funding for COVID-19 impacted companies. Facts: Aim: To align Priority Sector lending with emerging national priorities and bring sharper focus on inclusive development. Key Revised PSL Guidelines: Bank finance for start-ups (up to ₹50 crore), loans to farmers for installation… Continue reading RBI releases revised Priority Sector Lending(PSL) guidelines

Togo first in Africa to end sleeping sickness

News: The World Health Organization(WHO) has declared that Togo has become the first country in Africa to eliminate human African Trypanosomiasis or sleeping sickness. Facts: Sleeping Sickness or Human African trypanosomiasis: It is a vector-borne parasitic disease.  Caused by: It is caused by infection with protozoan parasites belonging to the genus Trypanosoma.  Transmission: They are… Continue reading Togo first in Africa to end sleeping sickness

What is Novichok, the poison Germany says was used on Alexei Navalny?

News: German government has said that Russia’s opposition leader, Alexei Navalny has been poisoned with a Novichok nerve agent. Facts: Novichok: The name Novichok means “newcomer” in Russian and applies to a group of advanced nerve agents developed by the Soviet Union in the 1970s and 1980s. How was it developed? Novichok was developed under… Continue reading What is Novichok, the poison Germany says was used on Alexei Navalny?

India Attends Key Meeting Of BIMSTEC

News: India has attended a Senior Officials Meeting(SOM) of BIMSTEC under the chairmanship of Sri Lanka to discuss ways to deepen cooperation among the member nations and holding of the next summit of the grouping. Facts: Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC): It is a regional organization founded in 1997… Continue reading India Attends Key Meeting Of BIMSTEC

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