K-4 Ballistic Missile

News: India successfully tested the nuclear-capable K-4 submarine-launched ballistic missile from the newly commissioned, nuclear-powered submarine INS Arighaat. About K-4 Ballistic Missile 1. It is a nuclear capable, solid-fuelled, submarine-launched ballistic missile. 2. It is developed by the Defence Research and Development Organisation (DRDO). 3. It has a range of 3,500 kilometers. 4. Significance– It… Continue reading K-4 Ballistic Missile

Lothal- Harrapan Port Town

News: An IIT Delhi student recently lost her life while conducting research near the archaeological site of Lothal in Gujarat. About Lothal 1. It was one of the southernmost sites of the Indus Valley civilization (IVC). 2. Its archaeological remains is located along the Bhogava river, a tributary of Sabarmati, in the Gulf of Khambat.… Continue reading Lothal- Harrapan Port Town

Corporate Average Fuel Efficiency (CAFE) norms

News: The center has discovered that eight carmakers, including Hyundai, Kia, Mahindra, and Honda, had fleet emissions above the allowed limit in the 2022-23 financial year. This could lead to penalties for violating CAFE norms. About Corporate Average Fuel Efficiency (CAFE) norms 1. Aim– Their goal is to improve vehicle fuel efficiency by reducing CO₂… Continue reading Corporate Average Fuel Efficiency (CAFE) norms

Bima Sugam

News: The Insurance Regulatory and Development Authority of India (IRDAI) chairman recently reiterated that the IRDAI’s ambitious project, Bima Sugam, will transform the insurance sector. About Bima Sugam 1. It is an online insurance marketplace (similar to an e-commerce platform) for purchasing, selling, servicing insurance policies, and settling claims. 2. It will be a plug-and-play… Continue reading Bima Sugam

National Small Savings Fund (NSSF)

News: The Delhi government has submitted a proposal to the Union Finance Ministry to borrow Rs 10,000 crore from the National Small Savings Fund (NSSF). About National Small Savings Fund (NSSF) 1. NSSF is a fund that collects money from various small savings schemes. 2. It was established in 1999 within the Public Account of… Continue reading National Small Savings Fund (NSSF)

Alternative investment funds (AIFs)

News: According to SEBI’s latest data, Alternative Investment Funds (AIFs) have raised over ₹5 trillion. Investment commitments have also surpassed ₹12 trillion for the first time. About Alternative investment funds (AIFs) 1. An AIF is a fund established or incorporated in India that serves as a privately pooled investment vehicle. These investment vehicles adhere to… Continue reading Alternative investment funds (AIFs)

SC rejects ballot paper plea

News: The Supreme Court dismissed a Public Interest Litigation (PIL) that called for the reinstatement of ballot papers instead of Electronic Voting Machines (EVMs). About Electronic Voting Machine (EVM) 1. It is a device used to electronically record, and count votes cast in elections. 2. They were first used in the Paravur Assembly Constituency of… Continue reading SC rejects ballot paper plea

The Places of Worship Act, 1991

News: The petition in Sambhal’s Jama Masjid aims to alter the religious nature of a place of worship, which is prohibited by the Places of Worship Act, 1991. About the Places of Worship Act, 1991 1. The Act aims to prevent the conversion of any place of worship and ensure the preservation of its religious… Continue reading The Places of Worship Act, 1991

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PAN 2.0 Project

News: The Cabinet Committee on Economic Affairs (CCEA) has given its approval for the PAN 2.0 Project of the Income Tax Department. About PAN 2.0 Project 1. It is an e-Governance project aimed at improving taxpayer registration services by using technology to transform PAN/TAN services. Permanent Account Number (PAN): A 10-digit alphanumeric ID issued by… Continue reading PAN 2.0 Project

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