News: The Securities and Exchange Board of India (SEBI) has operationalised the Past Risk and Return Verification Agency (PaRRVA) to bring transparency and standardisation to performance claims made by financial intermediaries. About Past Risk and Return Verification Agency (PaRRVA) Past Risk and Return Verification Agency (PaRRVA) is a regulatory initiative designed to bring transparency and… Continue reading Past Risk and Return Verification Agency (PaRRVA)
Author: Nisha
Tapir
News: World Tapir Day is being observed globally on 30th April to raise awareness about the species of Tapir and protect it from human encroachment. About Tapir Tapirs are large herbivorous mammals. They are also known as “living fossils” due to their lineage dating back millions of years. They form one of the oldest surviving… Continue reading Tapir
Mission SAKSHAM
News: The Reserve Bank of India (RBI) has launched Mission SAKSHAM for capacity building of the Urban Co-operative Banking sector. About Mission SAKSHAM Mission SAKSHAM (Sahkari Bank Kshamta Nirman) is a nationwide training initiative for capacity building of the Urban Co-operative Banking sector (UCBs). Launched by: It has been launched by the Reserve Bank of… Continue reading Mission SAKSHAM
E-PRAAPTI Portal
News: The Employees’ Provident Fund Organisation (EPFO) is set to roll out E-PRAAPTI Portal to facilitate identification, tracking, Unique Account Number (UAN) linking, and activation of old EPF accounts. About E-PRAAPTI Portal E-PRAAPTI stands for EPF Aadhaar-Based Access Portal for Tracking Inoperative Accounts. It is a new digital platform to facilitate identification, tracking, Unique Account Number… Continue reading E-PRAAPTI Portal
Sacrifice Ratio
News: Recent steps to curb inflation in India, U.S.A., and U.K show that lowering inflation has economic costs, which are measured using the sacrifice ratio. About Sacrifice Ratio The sacrifice ratio is an economic ratio that measures the effect of rising and falling inflation on a country’s total production and output. It reflects the trade-off between price stability and economic… Continue reading Sacrifice Ratio
Operation Global-Hunt
News: Recently, the NCB secured the return of Mohammad Salim Dola, an alleged international drug trafficker and a close associate of fugitive don Dawood Ibrahim, from Turkey, who was the first target under Operation Global-Hunt. About Operation Global-Hunt Operation Global-Hunt is a mission launched to dismantle 100 drug networks run by India’s fugitives abroad, including… Continue reading Operation Global-Hunt
Bering Strait and Diomede Islands
News: New research from Utrecht University suggests that building a dam across the Bering Strait could potentially help stabilise the Atlantic Meridional Overturning Circulation (AMOC). About Bering Strait Location: The Bering Strait is the northernmost part of the Pacific Ocean. It is the only ocean gateway between the Pacific and the Arctic Ocean. Connecting: It… Continue reading Bering Strait and Diomede Islands
Luzon Island
News: China’s military recently conducted military drills, including live-fire exercises in waters east of the Philippines’ Luzon Island. About Luzon Island It is located in the northern part of the Philippines. It is the largest and most populous island in the Philippines. Boundary: The island is bordered by the Philippine Sea to the east, the… Continue reading Luzon Island
B’nei Menashe
News: Approximately 250 members of the B’nei Menashe community from Northeast India have recently reached Israel, becoming the first group to arrive under “Operation Wings of Dawn.” About B’nei Menashe The Benei Menashe is a small ethnic community evolved within Chin-Kuki-Mizo tribes, known collectively as the “Zo.” Distribution: They are located in North East India, particularly… Continue reading B’nei Menashe
Index of Service Production (ISP)
News: The Ministry of Statistics and Programme Implementation has proposed creating an Index of Services Production (ISP) for the formal sector using GST data, with 2024–25 as the base year. About Index of Services Production (ISP) The Index of Services Production (ISP) aims to monitor the progress of the services sector. Proposed by: It is… Continue reading Index of Service Production (ISP)
