PAN

PAN is a 10-digit alphanumeric number used for keeping a track of financial transactions It is issued to all judicial entities identifiable under the Indian Income Tax Act, 1961. It is issued by the Indian Income Tax Department under the supervision of the Central Board for Direct Taxes (CBDT) and it also serves as an… Continue reading PAN

Internet based Terrorism

Context There is new world of cyber-planners carrying out terror attacks, identifying recruits, acting as a virtual coachers and providing guidance throughout. The series of attacks were performed using “remote-controlled” methods, using actual operative as a remote. High Grade explosives such as TATP (TriacetoneTriperoxide) was used. Both ‘direct to home jihad’ and the ‘lone wolf’… Continue reading Internet based Terrorism

Intergovernmental Panel on Climate Change (IPCC)

The Intergovernmental Panel on Climate Change (IPCC) is a scientific and intergovernmental body under the auspices of the United Nations It was first established in 1988 by two United Nations organizations, the World Meteorological Organization (WMO) and the United Nations Environment Programme (UNEP) It was later endorsed by the United Nations General Assembly through Resolution… Continue reading Intergovernmental Panel on Climate Change (IPCC)

What is a greenhouse gas?

A greenhouse gas is any gaseous compound in the atmosphere that is capable of absorbing infrared radiation, thereby trapping and holding heat in the atmosphere. By increasing the heat in the atmosphere, greenhouse gases are responsible for the greenhouse effect, which ultimately leads to global warming. Many of these gases occur naturally, but human activity… Continue reading What is a greenhouse gas?

International Initiatives to Combat Climate Change

1979 — the first World Climate Conference (WCC) took place. 1988 — The Intergovernmental Panel on Climate Change (IPCC) was set up 1992- Countries joined an international treaty, the United Nations Framework Convention on Climate Change (UNFCC), as a framework for international cooperation to combat climate change by limiting average global temperature increases and the… Continue reading International Initiatives to Combat Climate Change

What is climate change

Climate change is a long-term shift in the statistics of the weather (including its averages). For example, it could show up as a change in climate normals (expected average values for temperature and precipitation) for a given place and time of year, from one decade to the next. Why is climate changing? Natural causes Climate… Continue reading What is climate change

Manufacturing Industry: Quantity in alignment with Quality

Context: Indian Economy The current debate is about whether the production of the manufacturing sector should be governed by the quantity produced or should the impetus be on production process that not only increases quantity but also maintains a quality Make in India is makeshift program initiated by the Government of India (GOI) to encourage… Continue reading Manufacturing Industry: Quantity in alignment with Quality

Bank Merger

Context The Finance Ministry has asked four large PSU creditors to explore opportunities for acquisition of small and mid-sized banks with a goal to create global sized lenders. Key Features Large public sector banks (PSBs) like Punjab National Bank, Bank of Baroda, Canara Bank and Bank of India could try looking for potential contenders for… Continue reading Bank Merger

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