Dispute over Paracel and Spratly Islands

News:China has again increased its presence in the South China Sea by unilaterally renamed 80 islands around the two disputed archipelagos of the Spratly Islands and the Paracel Islands. Facts: Spratly Islands: Spratly Islands are a disputed archipelago in the South China Sea.It is largely uninhabited. Countries in Dispute: China, Taiwan, Vietnam, the Philippines and… Continue reading Dispute over Paracel and Spratly Islands

Exercise Pitch Black 2020

News:Australia has informed India that their Exercise Pitch Black 2020 has been cancelled due to the COVID-19 situation. Facts: Exercise Pitch Black is a biennial multilateral air combat exercise hosted by the Royal Australian Air Force(RAAF) since 1981. Aim:To practice Offensive Counter Air(OCA) and Defensive Counter Air (DCA) combat in a simulated war environment. The… Continue reading Exercise Pitch Black 2020

RBI announces special liquidity facility for mutual funds

News: Reserve Bank of India(RBI) has announced a special window of ₹50,000 crore for Mutual Funds in view of the pressure that the fund houses are facing in the wake of the Coronavirus pandemic. Facts: Mutual Funds: It is a type of financial vehicle made up of a pool of money collected from many investors… Continue reading RBI announces special liquidity facility for mutual funds

PM Narendra Modi launches e-Gram Swaraj, Swamitva yojana

News: Prime Minister Narendra Modi has launched two mobile portals E-Gram Swaraj Portal & Swamitva Scheme on April 24, 2020. Facts: eGram Swaraj:It will provide panchayats a single interface to complete development projects. The app will help in accelerating projects in villages from planning to completion. Swamitva Yojana: It will use drones in mapping of… Continue reading PM Narendra Modi launches e-Gram Swaraj, Swamitva yojana

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