7 PM | Bank for the buck | 5th September, 2019

Context: consolidation of banks More in news: In what comes as the second wave of the government’s efforts to revive the economy, Finance Minister Nirmala Sitharaman on Friday announced a slew of banking reform measures, including merger of 10 public sector banks into four entities. Need for bank mergers in India: Fragmentation: Indian banking sector is highly… Continue reading 7 PM | Bank for the buck | 5th September, 2019

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Rashtriya Bal Swasthya Karyakram (RBSK)

News: The Ministry of Health and Family Welfare has launched a scheme for universal screening of children below 18 years for leprosy and tuberculosis (TB). It is a part of the Rashtriya Bal Swasthya Karyakram (RBSK) Facts: About Rashtriya Bal Swasthya Karyakram (RBSK) It was launched in 2013 under the National Health Mission. It is… Continue reading Rashtriya Bal Swasthya Karyakram (RBSK)

Tigers in High Altitudes

News:Union Environment Minister has released a study on the Status of Tiger Habitats in high altitude ecosystems. Facts The study was conducted by the Global Tiger Forum(GTF) in partnership with the Governments of Bhutan, India and Nepal and along with the World Wide Fund for Nature(WWF). The study has been supported by the Integrated Tiger… Continue reading Tigers in High Altitudes

Explained: Air pollution in Indian homes key heart risk factor, The Lancet finds

News:A study has been conducted by PURE (Prospective Urban Rural Epidemiology) to look at the Cardiovascular Diseases(CVDs) risk factors in middle-aged adults in 21 countries. Facts: The study has found that Cardiovascular Diseases(CVDs) remains the leading cause of mortality among middle aged adults globally accounting for more than 40% of deaths. However,the deaths from cardiac… Continue reading Explained: Air pollution in Indian homes key heart risk factor, The Lancet finds

Manufacturers told to rush rabies vaccines to areas facing shortage

News:National Pharmaceutical Pricing Authority (NPPA) has ordered the manufacturers to supply the anti-rabies vaccines where there is a shortage of these medicines. Facts: About Rabies: Rabies is caused by Ribonucleic Acid(RNA) virus that is present in the saliva of a rabid animal.It is transmitted following a bite of a rabid animal that leads to deposition… Continue reading Manufacturers told to rush rabies vaccines to areas facing shortage

Nuakhai: The greatest harvesting festival of Odisha

News:The Nuakhai festival is being celebrated in the state of Odisha.Nuakhai is an agricultural festival mainly observed by people of Western Odisha in India. Nuakhai festival: Nuakhai festival traces its origin to the Vedic period where the sages or Rishis used to talk about Panch yajna. The word nua means new and khai means food… Continue reading Nuakhai: The greatest harvesting festival of Odisha

Explained: Now with first woman president, what is Asiatic Society, Mumbai

News:Asiatic Society of Mumbai has elected the first woman president in the 215 years of its existence.Professor Vispi Balaporia will head the institution. Facts: About Asiatic Society: Asiatic Society is a learned society whose activities include conducting historical research, awarding historians, and running an institute of postgraduate studies. The societies library is home to over… Continue reading Explained: Now with first woman president, what is Asiatic Society, Mumbai

External benchmark-based lending must: RBI

News:The Reserve Bank of India (RBI) has made it mandatory for banks to link all new floating rate personal or retail loans and floating rate loans to MSMEs to an external benchmark rate from October 1st,2019. Facts: The RBI has given the options to banks for external benchmark rates which are (a) RBI repo rate… Continue reading External benchmark-based lending must: RBI

Army mountaineering team successfully scales Mt. Kun

News:The Indian Army has successfully conducted a mountaineering expedition to Mount Kun. Facts: Mount Kun is the second-highest peak in between the Zanskar and Kargil regions of Ladakh. The mountain was first climbed in 1913.It is a part of the Nun Kun mountain massif in the Himalayas. Nun (7135 m) is the highest peak in… Continue reading Army mountaineering team successfully scales Mt. Kun

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