News:The Meghalaya government recommendation to exclude unrepresented tribes from the provisions of the Sixth Schedule of the Constitution has left minor tribes in a state of worry. Facts: About Meghalaya: Meghalaya is divided into autonomous councils in the names of the three major matrilineal communities — Garo, Khasi and Jaintia. The minority tribes include the… Continue reading Meghalaya minor tribes fear exclusion from Sixth Schedule
Author: ForumIAS
Prompt Corrective Action (PCA)
What is Prompt corrective action(PCA)? PCA is a framework under which banks with weak financial metrics are put under watch by the RBI. The RBI introduced the PCA framework in 2002 as a structured early-intervention mechanism for banks that become undercapitalised due to poor asset quality, or vulnerable due to loss of profitability. These regulations… Continue reading Prompt Corrective Action (PCA)
Trade and Development Report 2019
News:United Nations Conference on Trade and Development(UNCTAD) has released its Trade and Development Report 2019. Facts: About the report: The report has recommended for the adoption of a unitary taxation system for Multinational Enterprises(MNEs). This approach is needed as the current international corporate taxation norms consider affiliates of MNEs as independent entities and treat taxable… Continue reading Trade and Development Report 2019
UN global climate action award
News:Infosys has won the United Nations Global Climate Action Award (UNGCAA). Facts: Why Infosys was awarded? Infosys was awarded in the ‘Climate Neutral Now’ category for “Infosys’ Journey to Carbon Neutrality In 2011,Infosys had made a voluntary commitment to United Nation to become carbon neutral. In October 2018, Infosys has also pledged to demonstrate its… Continue reading UN global climate action award
10 PM Current Affairs Quiz #24 September 28, 2019
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9 PM Current Affairs Brief – September 28th, 2019
World Digital Competitiveness Rankings News:The World Digital Competitiveness Ranking(WDCR) 2019 report has been released. Facts: About World Digital Competitiveness report: The report has been prepared by the International Institute for Management Development(IMD) World Competitiveness Center. It measures the capacity and readiness of 63 nations to adopt and explore digital technologies as a key driver for… Continue reading 9 PM Current Affairs Brief – September 28th, 2019
World Digital Competitiveness Rankings
News:The World Digital Competitiveness Ranking(WDCR) 2019 report has been released. Facts: About World Digital Competitiveness report: The report has been prepared by the International Institute for Management Development(IMD) World Competitiveness Center. It measures the capacity and readiness of 63 nations to adopt and explore digital technologies as a key driver for economic transformation in business,… Continue reading World Digital Competitiveness Rankings
National Launch of 10 Year Rural Sanitation Strategy (2019-2029)
News:The Department of Drinking Water and Sanitation (DDWS),Ministry of Jal Shakti has launched the 10 Year Rural Sanitation Strategy (2019-2029). Facts: About the Rural Sanitation Strategy: The strategy has been prepared by the Department of Drinking Water and Sanitation in consultation with the State Governments and other stakeholders. The strategy lays down the roadmap for… Continue reading National Launch of 10 Year Rural Sanitation Strategy (2019-2029)
Quantum Supremacy
News:A scientific paper by Google has claimed that quantum processors have reached the regime of quantum supremacy. Facts: The research has found that quantum processor took 200 seconds to perform a calculation that would have been accomplished in 10,000 years by the world’s fastest supercomputer named Summit. What is Quantum Supremacy: The phrase quantum supremacy was… Continue reading Quantum Supremacy
Fake News
News:Recently,twenty countries including France, Britain and India has signed an agreement at the UN to stop the spread of fake news online. Facts: The agreement was initiated by the Reporters Without Borders(RSF), a press freedom watchdog. The signatory countries committed to promoting independently reported, diverse and reliable information. The agreement also underlined the responsibility of… Continue reading Fake News
