News: The Reserve Bank of India (RBI) has deferred implementation of countercyclical capital buffers (CCyB). RBI had put in place the framework on countercyclical capital buffer (CCyB) in 2015 Facts: Capital Buffer: Mandatory capital that financial institutions are required to hold. They were mandated under the Basel III regulatory reforms, which were implemented following the… Continue reading COUNTERCYCLICAL CAPITAL BUFFER (CCyB)
Category: Daily Factly articles
COVID-19: NPPA sets up drug price monitoring, resource unit in J-K
News:The National Pharmaceutical Pricing Authority (NPPA) has set up price monitoring and resource unit (PMRU) in the Union Territory of Jammu and Kashmir. Facts: PMRU is a registered society which functions under the direct control and supervision of State Drug Controllers. Funding: By the NPPA. Functions: Help the NPPA and the State Drug Controller in… Continue reading COVID-19: NPPA sets up drug price monitoring, resource unit in J-K
Patriot air defence missile
News:The United States has deployed Patriot air defence missiles in Iraq. Facts: Patriot is a long-range, all-altitude, all-weather air defence system to counter tactical ballistic missiles, cruise missiles and advanced aircraft. Additional Facts: Other Air Defense system in News: Iron Dome:It is a mobile all-weather air defence system developed by Israel to intercept and destroy… Continue reading Patriot air defence missile
e-NAM Platform
News:Union Agriculture Minister has launched new features of the National Agriculture Market (e-NAM) Platform. Facts: New Features: Warehouse based trading module:It allows farmers to directly trade their stored produce from registered warehouses based on negotiable warehouse receipts in electronic form(e-NWR). Farmer Producer Organizations(FPO) trading module:Under this, FPOs can trade their produce from their collection center… Continue reading e-NAM Platform
Anti Smog Gun
News:Anti-smog guns have been installed at 14 large project sites in Delhi. Facts: Anti-smog gun is a device designed to reduce air pollution by spraying water into the atmosphere so that all the dust and polluted particles get clear from the environment. The gun is attached to a water tank built on a movable vehicle… Continue reading Anti Smog Gun
[Prelims 2020] [Part 2/4] List of Indices and Reports: Social-related: HDI, HCI, GSNI, GHI, MPI and more
Dear Students, In this post, we will discuss important Social-related reports and indices released by international organizations since the 2018-19. [read more] This is the 2nd part of a 4-series of posts on Important Reports and Indices. For Part 1– Click here List of Social-related Reports and Indices Reports/Indices Details Human Development Index 2019 Published… Continue reading [Prelims 2020] [Part 2/4] List of Indices and Reports: Social-related: HDI, HCI, GSNI, GHI, MPI and more
Natuna Islands
News:China has been illegally fishing in the Natuna Islands area which is internationally recognized as Indonesia’s exclusive zone. Facts: The Natuna Islands is located in Indonesia’s Riau Islands province, the west side of the South China Sea. The Island overlaps with China’s nine-dash line claim under which China argues that the waters around the Natuna… Continue reading Natuna Islands
Explained:Tablighi Jamaat
News:Several people have tested positive for COVID-19 from among 4,000 who had gathered in Delhi’s Markaz Nizamuddin, the headquarters of the Tablighi Jamaat. Facts: Tablighi Jamaat:It is a conservative Muslim organisation which aims to reach out to ordinary Muslims and revive their faith particularly in matters of ritual, dress and personal behaviour. Origin:Launched by Maulana… Continue reading Explained:Tablighi Jamaat
United States Virgin Islands
News:The United States Virgin Islands(USVI) has banned sunscreen products with chemicals known to be harmful to coral reefs and marine life. Facts: United States Virgin Islands(USVI) is an unincorporated organized territory of the United States of America located between the Caribbean Sea and the North Atlantic Ocean. It comprises three principal islands namely St. Croix,… Continue reading United States Virgin Islands
India uses WTO peace clause for higher rice sops
News:India has invoked the peace clause of the World Trade Organization (WTO) for exceeding the ceiling on support it can offer farmers for rice for the marketing year 2018-2019.This is the first time any country has invoked this clause. Facts: Peace Clause:It is a mechanism which protects a developing country’s food procurement programmes against action… Continue reading India uses WTO peace clause for higher rice sops
