News:There are different types of coronaviruses that have been identified to infect humans. Facts: Coronavirus: They are a large family of single-stranded RNA viruses that belong to the Nidovirales order which includes Coronaviridae among three others. The first coronavirus was isolated in 1937 and it was the infectious bronchitis virus (IBV) that caused respiratory disease… Continue reading Types of human coronaviruses
Author: ForumIAS
Precautionary Principle
News:The steps being taken by the countries to halt the virus by suspending mobility are examples of a strategy known as the ‘precautionary principle’. Facts: Precautionary Principle:It states that countries must take precautionary measures when stakes are high despite when scientific evidence about the expected event being harmful is not yet certain. Significance: The principle… Continue reading Precautionary Principle
Special Drawing Rights
News: India has opposed the general allocation of new Special Drawing Rights (SDR) by the International Monetary Fund(IMF) because it might not be effective as new SDR allocation provides all 189 members with new foreign exchange reserves with no conditions. Facts: Special Drawing Right(SDR):It is neither a currency nor a claim on the IMF.It is… Continue reading Special Drawing Rights
FDI from neighbouring countries
News:The Government of India has revised its existing Foreign Direct Investment policy in light of the current COVID-19 pandemic. Facts: New FDI Policy: It has made prior government approval mandatory for foreign direct investments(FDI) from countries which share a land border with India or where the beneficial owner of an investment is situated in such… Continue reading FDI from neighbouring countries
10 PM Current Affairs Quiz: April 18, 2020
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9 PM Current Affairs Brief – April 18th, 2020
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7 PM Editorial |Helping a lending hand: On RBI’s second lockdown stimulus | 18th April 2020
Detailed Analysis On RBI’s second lockdown stimulus.
PowerMin releases revised draft of Electricity Amendment Bill 2020
News: The Ministry of Power released a revised draft of the Electricity Amendment Bill 2020 which seeks to amend Electricity Act 2003 Facts: Electricity Contract Enforcement Authority (ECEA): the draft proposes creation of an ECEA. It would adjudicate on matters regarding performance of obligations under a contract related to sale, purchase or transmission of electricity.… Continue reading PowerMin releases revised draft of Electricity Amendment Bill 2020
WHO thanks India for support, borrows polio-fighting strategy for COVID-19
News: World Health Organization has collaborated with India to implement the National Polio Surveillance Network to contain COVID-19. Facts: It was established in 1996 by WHO and India. It aimed to assist in planning and implementing polio immunization activities and cover 100% of immunization in India. WHO’s National Polio Surveillance Project in India was renamed… Continue reading WHO thanks India for support, borrows polio-fighting strategy for COVID-19
Finance Minister attends the Development Committee Meeting of the World Bank-IMF
News: The Union Finance Minister participated in the 101st Meeting of the Development Committee of the World Bank-IMF through a video conference. Facts: The main discussions were on World Bank Group Response to the COVID-19 Emergency, and the Covid-19 Debt Initiative: International Call for Action in Support of IDA Countries. World Bank has provided a… Continue reading Finance Minister attends the Development Committee Meeting of the World Bank-IMF
