Source- This post is based on the article “Angola quits OPEC amid dispute over oil production quotas ” published in “Live mint” on 21st December 2023. Why in the News? Angola has opted to withdraw from the Organization of the Petroleum Exporting Countries (OPEC) due to a disagreement concerning oil production quotas. Note- Several other… Continue reading Angola quits OPEC amid dispute over oil production quotas
Author: sumeet kumar
‘UPI Tap and Pay’ Facility by NPCI
Source- This post is based on the article “NPCI kickstarts deployment of ‘UPI Tap and Pay’ facility for payment apps” published in “Business Standard” on 26th December 2023. Why in the News? The National Payments Corporation of India (NPCI) has initiated the deployment of ‘UPI Tap and Pay’ across various digital payment providers. What are… Continue reading ‘UPI Tap and Pay’ Facility by NPCI
SHRESHTA Scheme
Source- This post is based on the article “SHRESHTA Scheme: 2,564 Scheduled Castes students admitted in CBSE/State Boards affiliated 142 Private Residential Schools for academic session 2023-24 ” published in “PIB” on 28th December 2023. Why in the News? Under the SHRESHTA Scheme, a total of 2,564 students from Scheduled Castes have enrolled in 142 private… Continue reading SHRESHTA Scheme
Offshore Mineral Blocks Auction Rules
Source- This post is based on the article “Mines Ministry Publishes Draft Rules for Offshore Mineral Blocks Auction for Public Consultation” published in “PIB” on 28th December 2023. Why in the News? Recently Ministry of Mines has published two draft rules for offshore mineral blocks auction under the Offshore Areas Mineral (Development and Regulation) Act, 2002… Continue reading Offshore Mineral Blocks Auction Rules
RBI Reports Decadal High in Asset Quality for Indian Banks
Source- This post is based on the article “Asset quality of Indian banks improves to decadal high: RBI” published in “The Hindu” on 27th December 2023. Why in the News? As per the Reserve Bank of India’s (RBI) ‘Trend and Progress of Banking in India’ report, the Gross Non-Performing Assets (GNPA) ratio of Indian scheduled… Continue reading RBI Reports Decadal High in Asset Quality for Indian Banks
Migration and Mobility Agreement between India and Italy
Source– This post is based on the article “Cabinet approves the Migration and Mobility Agreement between India and Italy” published in “PIB” on 27th December 2023. Why in the News? The Union Cabinet has approved the Ministry of External Affairs’ proposal to sign and ratify the Migration and Mobility Agreement between India and Italy. What… Continue reading Migration and Mobility Agreement between India and Italy
MedTech Mitra
Source– This post is based on the article “Union Minister of Health and Family Welfare and Chemicals & Fertilizers Dr. Mansukh Mandaviya virtually launches ‘MedTech Mitra‘” published in “PIB” on 25th December 2023. Why in the News? Recently, the Union Health Minister has virtually launched ‘MedTech Mitra’ portal. What is MedTech Mitra? 1) It’s a… Continue reading MedTech Mitra
Pong Dam Eco-Sensitive Zone
Source– This post is based on the article “Govt to re-review the Pong Dam eco-sensitive zone: CM Sukhu” published in “Hindustan Times” on 23rd December 2023. Why in the News? The Himachal Pradesh state government is reviewing eco-sensitive zone boundaries around Pong Dam to address challenges for locals and support agriculture activities during low water… Continue reading Pong Dam Eco-Sensitive Zone
SLIM: Japan’s Moon Landing Mission
Source– This post is based on the article “How Japan’s moon-landing attempt in January will affect Chandrayaan 4 | Explained” published in “The Hindu” on 27th December 2023. Why in the News? Japan’s SLIM spacecraft has entered lunar orbit, aiming for a moon landing on January 19, potentially marking it as the fifth country to… Continue reading SLIM: Japan’s Moon Landing Mission
UGC releases draft norms on recognition of colleges in India
Source- This post is based on the article “UGC drafts new guidelines for recognition of colleges” published in “The Hindu” on 27th December 2023. Why in the News? Recently, the University Grants Commission (UGC) published the draft guidelines on recognition of colleges. What are the Proposed Guidelines? 1) The proposed guidelines will be applicable to colleges as… Continue reading UGC releases draft norms on recognition of colleges in India
