Author: ForumIAS

CBI alerts States, U.T.s and Central agencies to malicious software threat

News: Central Bureau of Investigation(CBI) has sent alerts to all the States, Union Territories and the central agencies on a malicious software named Cerberus threat that is taking advantage of the Covid-19 pandemic. Facts: Cerberus:It is a banking Trojan which is primarily used to steal financial data such as credit card numbers. It uses a… Continue reading CBI alerts States, U.T.s and Central agencies to malicious software threat

National community-based sero-survey to estimate prevalence of SARS-CoV-2 infection

Facts: Sero Survey: It involves testing the blood samples of a group of individuals to monitor trends in prevalence of the novel coronavirus or SARS-COV-2 infection at the district level. Under this, a combination of Elisa antibody kits and RT-PCR will be used for testing.For RT-PCR tests, throat and nasal swabs will be collected. Bodies… Continue reading National community-based sero-survey to estimate prevalence of SARS-CoV-2 infection

RBI announces nine additional measures for strengthening the Economy

News:Reserve Bank of India(RBI) has announced several measures for strengthening the Economy in the uncertain times ushered in by the COVID-19 pandemic. Facts: Key measures: Repo Rate: It is the rate at which the RBI lends money to the banks for a short term.It has been reduced by 40 basis points from 4.4% to 4.0%.… Continue reading RBI announces nine additional measures for strengthening the Economy

Explained: What is the sonic boom that rattled Bengaluru?

News:A Sonic boom (a loud sound) which was heard in Bengaluru was probably heard while the IAF aircraft was decelerating from supersonic to subsonic speed. Facts: Sonic Boom: It is the sound associated with the shock waves created whenever an object travels through the air faster than the speed of sound.  It generates enormous amounts… Continue reading Explained: What is the sonic boom that rattled Bengaluru?

UN praises LGBTQI initiative

News:United Nations Secretary-General’s Envoy on Youth has listed Manipur’s ‘khudol’(gift) among the top 10 global initiatives for an inclusive fight against the COVID-19 pandemic. Facts: Khudol (gifts) is a people lead initiative implemented by Ya_All, an Imphal-based NGO. Aim: To ensure food, health and hygiene of the LGBTQI+ community, people living with HIV, daily-wage earners,… Continue reading UN praises LGBTQI initiative

9th Edition of the Status Paper on Government Debt

News:The Central Government has released the Ninth Edition of the Status Paper on the Government Debt which provides a detailed analysis of the Overall Debt Position of the Government of India.  Facts: The Central Government has been bringing-out a Status Paper on Government Debt since 2010-11. Key Takeaways: Central Government’s Debt as a percentage of… Continue reading 9th Edition of the Status Paper on Government Debt

Cabinet approves Special Liquidity Scheme for NBFCs/HFCs

News:Union Cabinet has approved a Special Liquidity Scheme for Non-Banking Financial Companies(NBFCs) and Housing Finance Companies(HFCs) to improve liquidity position of the NBFCs/HFCs. Facts: The Scheme will be administered by the Department of Financial Services. Under the Scheme, a large public sector bank would set up a Special Purpose Vehicle(SPV) to manage a Stressed Asset… Continue reading Cabinet approves Special Liquidity Scheme for NBFCs/HFCs

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