World Economic Situation and Prospects Report

News:World Economic Situation and Prospects(WESP) mid year 2020 Report has been released. Facts: The report is released jointly by the United Nations Department of Economic and Social Affairs(UN/DESA), United Nations Conference on Trade and Development(UNCTAD) and the five United Nations regional commissions. Key Takeaways: Global economy: It is forecast to shrink by 3.2% in 2020.… Continue reading World Economic Situation and Prospects Report

Army proposes three-year-tour of duty for citizens

News:The Indian Army is considering a model called the “Tour of Duty” Scheme. Facts: Tour of Duty Scheme: It is a proposed voluntary service to allow civilians of the country to join the Indian Army for three years and serve as both officers or jawan in the army. Currently, the only option apart from regular… Continue reading Army proposes three-year-tour of duty for citizens

Government Issues Warning Against ‘EventBot’ Malware

News: CERT-In(Indian Computer Emergency Response Team) has issued a caution against EventBot Malware. Facts: EventBot:It is a Trojan that targets mobile banking, mobile wallets and other financial services apps by masquerading as a legitimate Android app. Additional Facts: Trojan horse: It is a malware that disguises itself as a normal file or program to trick… Continue reading Government Issues Warning Against ‘EventBot’ Malware

Centre gives nod for Defence Testing Infrastructure Scheme

News: Defence minister has approved the launch of the Defence Testing Infrastructure Scheme(DTIS) with an outlay of ₹400 crore. Facts: Aim:To promote indigenous defence production with special focus on participation of MSMEs and Start Ups by bridging gaps in defence testing infrastructure in the country.  Duration:The scheme would run for the duration of five years… Continue reading Centre gives nod for Defence Testing Infrastructure Scheme

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