News: India has been elected as a non-permanent member of the UN Security Council(UNSC) for a two-year term. Facts: The United Nations Charter established six main organs of the United Nations including the United Nations Security Council(UNSC). Other organs are UNGA, ECOSOC, Trusteeship Council, ICJ and UN secretariat. UNSC is composed of 15 Members: Five… Continue reading India Elected Unopposed To Non-Permanent Seat Of UN Security Council
Category: Daily Factly articles
RBI proposes new rules for housing finance companies
News: Reserve Bank of India(RBI) has proposed new guidelines for Housing Finance Companies(HFCs). Facts: What are Housing Finance Companies(HFC)? It means financing for purchase, construction or repair of residential dwelling units and some other activities including giving loans to corporates and government agencies for employee housing projects. All other loans including those given for furnishing… Continue reading RBI proposes new rules for housing finance companies
US sanctions against International Criminal Court(ICC)
News: US President has authorised sanctions against International Criminal Court(ICC) officials involved in investigations into possible war crimes by US troops or those of its allies. Facts: International Criminal Court(ICC): It is a permanent judicial body created by the 1998 Rome Statute which entered into force on July 1,2002. Jurisdiction: It has the jurisdiction to… Continue reading US sanctions against International Criminal Court(ICC)
World Investment Report
News: The World Investment Report 2020 has been released by the UN Conference on Trade and Development(UNCTAD). Facts: The World Investment Report has been published annually since 1991.It covers the latest trends in foreign direct investment around the world. Key Takeaways: India was the world’s 9th largest recipient of foreign direct investments (FDI) in 2019… Continue reading World Investment Report
World Competitiveness Index 2020
News: World Competitiveness Index 2020 has been released by the Institute for Management Development(IMD). Facts: World Competitiveness Index is an annual report published since 1989. Parameters: It ranks 63 countries using 235 indicators grouped under four factors: economic performance, government efficiency, business efficiency and infrastructure. Key Takeaways: Top Rankers: Singapore has topped the index followed… Continue reading World Competitiveness Index 2020
Bose-Einstein Quantum “Fifth State Of Matter” Seen For 1st Time In Space
News: Scientists at NASA have observed Bose-Einstein Condensate (BEC) in for the first time in space offering unprecedented insight that could help solve some of the quantum universe’s most intractable conundrums. Facts: Bose-Einstein Condensate (BEC): It is the fifth state of matter whose existence was predicted by Albert Einstein and Indian mathematician Satyendra Nath Bose… Continue reading Bose-Einstein Quantum “Fifth State Of Matter” Seen For 1st Time In Space
World Day to Combat Desertification and Drought
News: World Day to Combat Desertification and Drought is being observed on June 17. Facts: World Day to Combat Desertification and Drought has been observed since 1995. Aim: To spread awareness among people about the cooperation required to combat desertification and the effects of drought. Theme: Food. Feed. Fibre. – the links between consumption and… Continue reading World Day to Combat Desertification and Drought
Climate report predicts hotter, rainier days
News: The first ever “Assessment of Climate Change over the Indian Region” report has been published by the Union Ministry of Earth Sciences(MoES). Facts: The report is based on the climate forecasting model developed at the Indian Institute of Tropical Meteorology (IITM),Pune. Key Highlights: Average surface air temperatures over India could rise by up to… Continue reading Climate report predicts hotter, rainier days
Explained: What is NASA’s Gateway lunar orbiting outpost?
News: NASA has finalised the contract for the initial crew module called habitation and logistics(HALO) support for Gateway lunar orbiting outpost. Facts: HALO: It refers to the pressurised living quarters where astronauts will spend their time while visiting the Gateway lunar orbiting outpost. Gateway Lunar Orbit outpost: It is a small spaceship that will orbit… Continue reading Explained: What is NASA’s Gateway lunar orbiting outpost?
The pangolin: can the protection upgrade by China curb its trafficking?
News: China has accorded the pangolin the highest level of protection and removed the scales of the Pangolin from its list of approved traditional medicines. Facts: Pangolin: They are scaly anteater mammals of the order Pholidota.They have large, protective keratin scales covering their skin and they are the only known mammals with this feature. Habitat:… Continue reading The pangolin: can the protection upgrade by China curb its trafficking?
