Ecuador to withdraw from OPEC in January 2020

News:Ecuador has decided to withdraw from 14-nation Organization of the Petroleum Exporting Countries (OPEC) from 1 January 2020. Facts: Ecuador has taken this decision in the backdrop of internal fiscal problems. The country is attempting to increase its production of crude oil in a bid to raise more income.  Further, Ecuador had also asked Opec… Continue reading Ecuador to withdraw from OPEC in January 2020

Pneumoconiosis

News: Rajasthan has announced the creation of a Pneumoconiosis Fund. Facts: About Pneumoconiosis Fund: The fund will be majorly financed by money from the District Mineral Foundation (DMF). The fund will be operating Rajasthan’s Social Justice and Empowerment Department The fund will be used to finance a comprehensive policy on Pneumoconiosis, recently released by the… Continue reading Pneumoconiosis

Explained: Why RBI may cut interest rates tomorrow and why it may not be enough

News:The Reserve Bank of India’s Monetary Policy Committee is set to announce its bi-monthly policy review on October 4,2019. Facts: What is likely to happen in the policy review? The RBI is likely to cut the repo rate by anywhere between 35 to 40 basis points due to following reasons- Inflation is under control.Hence,there is… Continue reading Explained: Why RBI may cut interest rates tomorrow and why it may not be enough

Tiger Reserves in Madhya Pradesh

News: Madhya Pradesh might soon its seventh tiger reserve — the Ratapani Tiger Reserve. The proposed reserve will be carved out of the Ratapani wildlife sanctuary which is spread over Raisen and Sehore districts. Facts: About Tiger Reserves: Tiger Reserves are protected area that aim at conserving the habitat to ensure a viable population of… Continue reading Tiger Reserves in Madhya Pradesh

Exercise KAZIND -2019

News: The KAZIND 2019 commenced on 3rd October at Pithoragarh, Uttarakhand. The exercise will end on 15th October 2019. Facts: KAZIND is an annual military exercise between India and Kazakhstan army. Exercise KAZIND-2019 is the fourth edition. The aim of exercise is joint training of troops in Counter Insurgency/ Counter Terrorism operations in both Jungle… Continue reading Exercise KAZIND -2019

International Day for Older Persons

News: The President of India Shri Ram Nath Kovind has conferred the “Vayoshreshtha Samman-2019” to mark ‘International Day of older Persons’. Facts: About Vayoshreshtha Samman The Ministry of Social Justice and Empowerment decided in the year 2005 to confer Vayoshreshtha Sammans to eminent senior citizens and Institutions in recognition for their service to elderly persons,… Continue reading International Day for Older Persons

Paryatan Parv 2019

News:Minister of Tourism has inaugurated the nationwide “Paryatan Parv 2019”. Facts: About Paryatan Parv: Paryatan Parv 2019 is dedicated to 150th Birth Anniversary of Mahatma Gandhi.  The objective of the event is to draw (a)focus on the benefits of tourism, (b)showcase the cultural diversity of the country and (c)reinforce the principle of “Tourism for All”.… Continue reading Paryatan Parv 2019

India Economic Summit

News:The World Economic Forum’s 33rd edition of the India Economic Summit will begin from October 3rd in New Delhi. Facts: About the summit: The summit is being held by the World Economic Forum in collaboration with the CII(Confederation of Indian Industry). The theme of the summit is ‘Innovating for India: Strengthening South Asia, Impacting the… Continue reading India Economic Summit

The Gandhian Challenge

News:On the 150th birth Anniversary of Mahatma Gandhi,Atal innovation mission(AIM), NITI Aayog’s Atal Tinkering Labs(ATL) and UNICEF India, including Generation Unlimited has launched ‘The Gandhian Challenge’. Facts: About the Gandhian Challenge: This innovation challenge provides a platform for every child across India to ideate innovative solutions for a sustainable India of their dreams, using Gandhi’s… Continue reading The Gandhian Challenge

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