Mains Marathon Daily Current Affairs Questions and Answer Writing – August 21st, 2019

Q.1) “Problem in India is not the absence of law but it’s effective implementation.” Discuss. The Hindu Q.2) “Climate change is a serious threat to India’s energy ambitions and requirements.” Comment. The Hindu Q.3) Why many countries are turning table against globalisation? How it will impact India? The Hindu Q.4) What do you understand by… Continue reading Mains Marathon Daily Current Affairs Questions and Answer Writing – August 21st, 2019

9 PM Current Affairs Brief – August 20, 2019

Committee submits report on replacing I-T Act with Direct Tax Code Government had constituted a committee to draft a new direct tax law to replace the existing Income Tax Act,1961.The committee was headed by Akhilesh Ranjan.It has submitted its report to the government. The objective of the task force was to draft direct tax laws… Continue reading 9 PM Current Affairs Brief – August 20, 2019

7 PM | Renewable hybrid energy systems as a game changer | 20th August, 2019

Context: Significance of Renewable hybrid energy system in India Off grid renewable energy technologies satisfy energy demand directly and avoid the need for long distribution infrastructures. A combination of different but complementary energy generation systems based on renewable energies or mixed (RES- with a backup of Liquefied Petroleum Gas (LPG)1/ diesel/gasoline genset), is known as… Continue reading 7 PM | Renewable hybrid energy systems as a game changer | 20th August, 2019

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7 PM | Something special: On Narendra Modi’s Bhutan visit | 20th August, 2019

Context: India and Bhutan relations. More in news: Prime Minister of India, Narendra Modi, made a State Visit to the Kingdom of Bhutan from 17-18 August 2019, at the invitation of the Prime Minister of Bhutan. This was among the first bilateral visits by Prime Minister Modi after assuming office for the second time in… Continue reading 7 PM | Something special: On Narendra Modi’s Bhutan visit | 20th August, 2019

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Committee submits report on replacing I-T Act with Direct Tax Code

Government had constituted a committee to draft a new direct tax law to replace the existing Income Tax Act,1961.The committee was headed by Akhilesh Ranjan.It has submitted its report to the government. The objective of the task force was to draft direct tax laws in line with the norms prevalent in other countries, incorporating international… Continue reading Committee submits report on replacing I-T Act with Direct Tax Code

Govt exempts NBFCs, listed firms from debenture reserve requirements

Government has removed Debenture Redemption Reserve(DRR) requirement for listed companies,Non banking financial companies (NBFCs) and Housing finance companies(HFCs). At present,these companies have to set up a DRR to the tune of 25% of the value of their outstanding debentures.However,banking companies and financial institutions are already exempted from creating DRRs. This move will make it cheaper… Continue reading Govt exempts NBFCs, listed firms from debenture reserve requirements

National Maritime Domain Awareness (NMDA) Project

Defence minister has visited the Information Management and Analysis Centre(IMAC) and Information Fusion Centre – Indian Ocean Region (IFC-IOR) located at Gurugram. The two centres are under the National Maritime Domain Awareness (NMDA) Project.The NMDA project was launched in accordance with the vision of Prime Minister under SAGAR (Security And Growth for All in the… Continue reading National Maritime Domain Awareness (NMDA) Project

RBI plans to formalise linking of new loans to repo rate

The Reserve Bank of India(RBI) is considering asking banks to link loans to an external benchmark such as the repo rate to improve transmission of policy rates and foster economic growth. Repo stands for ‘Repurchasing Option’.It refers to the rate at which commercial banks borrow money from the RBI. Currently,bank loans are linked to marginal… Continue reading RBI plans to formalise linking of new loans to repo rate

India biggest emitter of sulphur dioxide: report using NASA data

According to a report by Greenpeace,India is the largest emitter of Sulphur Dioxide(SO2) in the world. The report provides that India has emitted more than 15% of all the anthropogenic sulphur dioxide hotspots as detected by NASA’s satellite. The primary reason for India’s high emission output is the expansion of coal-based electricity generation over the… Continue reading India biggest emitter of sulphur dioxide: report using NASA data

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