ASEAN Special Summit

News:Vietnam is chairing a Special Association of Southeast Asian Nations (ASEAN) summit via video-conference due to Coronavirus pandemic. Facts: The ASEAN is a regional grouping which was established in 1967 with the signing of the Bangkok Declaration. Members: Indonesia, Thailand, Singapore, Malaysia, The Philippines, Vietnam, Myanmar, Cambodia, Brunei, and Laos. Headquarters: Jakarta, Indonesia. Chairmanship: It… Continue reading ASEAN Special Summit

Ambedkar Jayanti

News:On 14 April 2019, the birth anniversary of Dr. B.R. Ambedkar has been celebrated. Facts: Dr. B.R. Ambedkar was born on 14 April 1891 in Mhow, Central Province (now Madhya Pradesh). He was India’s first Law Minister and was Chairman of the Drafting Committee for the new Constitution. Contributions: Mahad Satyagraha: It was led by… Continue reading Ambedkar Jayanti

Sovereign Gold Bond Scheme

News:The Government of India in consultation with the Reserve Bank of India has decided to issue Sovereign Gold Bonds. Facts: The Sovereign Gold Bond Scheme was introduced in 2015.They are government securities denominated in grams of gold. Aim: To reduce the demand for physical gold and shift a part of the domestic savings used for… Continue reading Sovereign Gold Bond Scheme

JUICE Mission

News:European Space Agency has announced its plan to launch JUpiter ICy moons Explorer(JUICE) mission by 2022. Facts: Aim:To spend at least three years making detailed observations of the giant gaseous planet Jupiter and three of its largest moons, Ganymede, Callisto and Europa.

World Economic Outlook

News:The International Monetary Fund(IMF) has released the World Economic Outlook Report. Facts: The report is published twice a year. Aim: To provide analysis and forecasts of economic developments of member countries and highlights risks and uncertainty. Additional Facts: International Monetary Fund(IMF): It is an organization of 189 countries which seeks to ensure the stability of… Continue reading World Economic Outlook

Meru Jatra Festival

News:Odisha’s Ganjam district administration has banned the Meru Jatra festival and congregations due to Covid-19. Facts: Meru Jatra marks the end of the 21-day-long festival of penance named ‘Danda Nata’. Danda Nata Festival: It is a 21-day long seasonal folk dance festival that is celebrated in the month of ‘Chaitra’. During the festival, people who… Continue reading Meru Jatra Festival

US Approves Sale of Military Hardware

News:The US State Department has approved the sale of missiles and torpedoes worth $155 million to India. Facts: Harpoon Block II Missile: It is an anti-ship missile capable of performing both land-strike and anti-ship missions. It would be integrated into the P-8I aircraft to conduct anti-surface warfare missions in defense of critical sea lanes. MK… Continue reading US Approves Sale of Military Hardware

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