What is the news? The Reserve Bank of India will soon launch UPI-based payment products for feature phones, and a new “on-device” wallet for small value UPI transactions. Why RBI is launching UPI-based payment products for Feature Phones? Feature phones are basic phones, which typically provide voice calling and text messaging functionalities. Currently, there are… Continue reading RBI to have on-device wallets in UPI apps for small-ticket transactions
Category: Daily Factly articles
Scholarship scheme under AICTE to encourage girls students to pursue Technical Education
What is the News? The Minister of State for Education has informed Rajya Sabha about the AICTE Pragati Scholarship Scheme. What is Pragati Scholarship Scheme? Launched by: All India Council for Technical Education (AICTE) in 2014-15 Nodal Ministry: Ministry of Education Aim: To provide assistance for the Advancement of Girls pursuing Technical Education. Criteria: Under… Continue reading Scholarship scheme under AICTE to encourage girls students to pursue Technical Education
Three Indian companies among top 100 in arms sales globally
What is the News? Swedish think tank Stockholm Institute Peace Research Institute (SIPRI) has released a report titled “The SIPRI Top 100 arms-producing and military services companies, 2020”. What are the key findings of the report? Findings Related to India India’s share of arms sales globally in 2020 was 1.2%. Three Indian companies are among… Continue reading Three Indian companies among top 100 in arms sales globally
Explained: The helicopter CDS General Bipin Rawat was in
What is the News? Chief of Defence Staff Gen Bipin Rawat, his wife and 11 others died after the Mi-17V5 helicopter crashed in the southern state of Tamil Nadu. What is a Mi-17V5 helicopter? Mi-17V5 is a Russian-made helicopter which is produced by Kazan Helicopters. It was inducted into the Indian Air Force on 17… Continue reading Explained: The helicopter CDS General Bipin Rawat was in
General Bipin Rawat, India’s first CDS, was on a mission to modernise the military. The nation will miss him
What is the News? Chief of Defence Staff Gen Bipin Rawat, his wife and 11 others died after the Mi-17V5 helicopter crashed in the southern state of Tamil Nadu. Who was Bipin Rawat? General Bipin Rawat is an alumnus of the National Defence Academy. He was commissioned in 1978 into the Fifth Battalion of the… Continue reading General Bipin Rawat, India’s first CDS, was on a mission to modernise the military. The nation will miss him
Explained: When can an individual get statutory bail?
What is the News? The National Investigation Agency(NIA) has approached the Supreme Court against a Bombay High Court order granting statutory bail to advocate and activist Sudha Bharadwaj. What is Statutory Bail or Default Bail? Click Here to read about Statutory Bail What are the principles laid down on Statutory Bail? Firstly, Default or statutory… Continue reading Explained: When can an individual get statutory bail?
New research: A plant-based chewing gum that ‘traps’ coronavirus
What is the News? Researchers at the University of Pennsylvania have developed a chewing gum that can potentially reduce transmission of the SARS-CoV-2 coronavirus. How does the covid virus spread? When a person infected with SARS-CoV-2 sneezes, coughs or speaks, some of the viruses can be expelled and reach others. This virus then enters the… Continue reading New research: A plant-based chewing gum that ‘traps’ coronavirus
Explained: What is NASA’s new communications system LCRD; its importance
What is the News? NASA has launched its new Laser Communications Relay Demonstration(LCRD). What is Laser Communications Relay Demonstration(LCRD)? LCRD is NASA’s first-ever laser communications system. Purpose: It has been launched to help demonstrate the benefits of space-to-ground laser communications also called optical communications. Orbit: The LCRD payload is hosted onboard the US Department of… Continue reading Explained: What is NASA’s new communications system LCRD; its importance
Explained: AFSPA and the Northeast
What is the News? Nagaland Cabinet has recommended that the Armed Forces Special Powers Act (AFSPA), 1958 be repealed from the state after the incident in Mon district in which security forces gunned down 13 civilians. What is AFSPA? AFSPA was originally promulgated by the British in response to the Quit India movement in 1942. … Continue reading Explained: AFSPA and the Northeast
NCW Launches a Pan-India Capacity Building Programme ‘She is a Changemaker’ for Women in Politics
What is the News? National Commission for Women(NCW) has launched a pan-India capacity building programme named ‘She is a Changemaker’. About ‘She is a Changemaker’ Programme Objective: To undertake capacity building of women political leaders and improve their decision-making and communication skills including, oration, writing etc. Target Group: The programme is for women representatives at… Continue reading NCW Launches a Pan-India Capacity Building Programme ‘She is a Changemaker’ for Women in Politics
