Source: Indian Express What is the News? The Union Cabinet has approved amendments to the Deposit Insurance and Credit Guarantee Corporation (DICGC) Act, 1961. What are the amendments approved? Faster Process: The depositors will be provided funds up to Rs 5 lakh within 90 days in the event of a bank coming under the moratorium… Continue reading Distressed banks: Deposit insurance payout within 90 days gets approval
Author: Abdul
Jawahar Navodaya Vidyalaya students detect asteroids under Khagolshala Asteroid Search Campaign 2021
Source: PIB What is the News? Jawahar Navodaya Vidyalaya students have detected Eight Asteroids as part of the Khagolshala Asteroid Search Campaign 2021. About Khagolshala Asteroid Search Campaign: Khagolshala Asteroid Search Campaign(KASC) is an initiative of the Office of Principal Scientific Adviser, Government of India, and SPACE Foundation. The campaign is the India chapter of… Continue reading Jawahar Navodaya Vidyalaya students detect asteroids under Khagolshala Asteroid Search Campaign 2021
Centre launches Secured Logistics Document Exchange and Calculator for GreenHouse Gas Emissions Initiatives
Source: PIB What is the News? Government of India has launched the Secured Logistics Document Exchange Initiative along with a Calculator for GreenHouse Gas Emissions Initiative. About Secured Logistics Document Exchange(SLDE) Initiative: SLDE platform is a solution that aims to replace the present manual process of generation, exchange and compliance of logistics documents with a… Continue reading Centre launches Secured Logistics Document Exchange and Calculator for GreenHouse Gas Emissions Initiatives
International Financial Services Centres Authority (Capital Market Intermediaries) Regulations, 2021
Source: PIB What is the News? International Financial Services Centres Authority (IFSCA) has released the proposed IFSCA (Capital Market Intermediaries) Regulations, 2021. The regulations provide for regulatory requirements in respect of registration, obligations and responsibilities of various types of capital market intermediaries. About IFSCA: International Financial Services Centres Authority (IFSCA) was established in 2020 under… Continue reading International Financial Services Centres Authority (Capital Market Intermediaries) Regulations, 2021
Researchers develop nano-structured aluminium surface having multiple applications
Source: PIB What is the News? A group of researchers has developed a nano-structured, self-cleaning, sustainable aluminium surface by utilizing a simple and environment-friendly fabrication route. This could have multiple applications ranging from biomedical to aerospace and automobiles to household appliances. Why was this developed? Aluminum is a light metal. It has many industrial applications… Continue reading Researchers develop nano-structured aluminium surface having multiple applications
Government developed indigenous climate model to predict the impact of climate change on monsoon in the country
Source: PIB What is the News? The Ministry of Earth Sciences has developed an state-of-the-art Earth System Model(ESM) known as the IITM-ESM. About the Earth System Model(ESM) named IITM-ESM: IITM-ESM is an indigenous climate model developed to predict the impact of climate change on the monsoon in the country. Developed by: The model has been… Continue reading Government developed indigenous climate model to predict the impact of climate change on monsoon in the country
What is Nauka, the module Russia is sending to the International Space Station?
Source: Indian Express What is the News? Russia has launched the Nauka module from the Baikonur Cosmodrome in Kazakhstan using a Proton rocket. About Nauka Module: Nauka is the Russian word for ‘Science’. It will serve as Russia’s main research facility on the International Space Station(ISS). The module will replace Pirs, a Russian module on… Continue reading What is Nauka, the module Russia is sending to the International Space Station?
Parliament passes landmark ‘Marine Aids to Navigation Bill 2021’
Source: PIB Introduced: Lok Sabha (15th March) Passed: Lok Sabha (22nd March) Passed: Rajya Sabha (27th July) Present status: Received the assent of the President on the 31st July 2021. About the Marine Aids to Navigation Bill 2021. Aim: To replace the 90-year-old Lighthouse Act 1927. Background: The administration and management of Lighthouse and Lightships… Continue reading Parliament passes landmark ‘Marine Aids to Navigation Bill 2021’
National Organ Transplant Programme(NOTP)
Source: PIB What is the News? A National Level Tissue Bank(Biomaterial Centre) for storing tissues has been established at National Organ and Tissue Transplant Organisation(NOTTO), New Delhi, under National Organ Transplant Programme(NOTP). About National Organ Transplant Programme(NOTP): National Organ Transplant Programme(NOTP) aims to promote organ donation and transplantation across all States/Union Territories (UTs). Implementing Agency:… Continue reading National Organ Transplant Programme(NOTP)
James Webb Telescope in the centre of LGBT debate
Source: Indian Express What is the News? NASA is set to launch James Webb Space Telescope(JWST). But before it launches, NASA has to decide whether to rename the telescope. This is because James Webb after whom the telescope is named was alleged to have persecuted homosexuals when he had worked for the government. About James… Continue reading James Webb Telescope in the centre of LGBT debate
