News:According to the Pension Fund Regulatory and Development Authority (PFRDA),National Pension System (NPS) is a less-preferred saving option due to a certain mindset of individuals and corporates. Facts: The PFRDA has said that there are around 7,000 corporates companies registered with PFRDA.However, only 2-4% of employees of these registered companies are covered under NPS. Further,the… Continue reading ‘Mindset to blame for poor response to NPS’
Category: Daily Factly articles
INS Sumedha provides assistance to stranded vessel near Somali Coast
News:INS Sumedha which is presently on Anti Piracy Patrol in Gulf of Aden, came to the rescue of the stranded vessel near Somali Coast. Facts: About INS Sumedha: INS Sumedha was commissioned into the Indian Navy in 2014.The ship has been designed and built by Goa Shipyard Limited. Sumedha is the third ship of the… Continue reading INS Sumedha provides assistance to stranded vessel near Somali Coast
2nd National GST Conference held for streamlining GST system
News:The 2nd National GST Conference of the Commissioners of State Tax and Chief Commissioners of Central Tax was held under the chairmanship of Revenue Secretary,Ministry of Finance. Facts: About the conference: The conference was aimed to build synergy and to share their knowledge and best practices with the intent to bring about uniformity in tax… Continue reading 2nd National GST Conference held for streamlining GST system
In Maharashtra, linking land records to PM Fasal Bima saves time, plugs leaks
News:Maharashtra has become the first state in the country to integrate its land records with the web portal of the Pradhan Mantri Fasal Bima Yojana(PMFBY). Facts: The integration of land records with the PMFBY has helped in saving of time and plugging leakages as the land records will be available online. It also does away… Continue reading In Maharashtra, linking land records to PM Fasal Bima saves time, plugs leaks
Iran will no longer abide by nuclear deal limits
News:Iran has completely withdrawn from JCPOA (Joint Comprehensive Plan of Action) nuclear deal.This announcement came after the US troops had killed General Qassem Soleimani. Facts: About Iran Nuclear Deal: The Iran nuclear deal also called as Joint Comprehensive Plan of Action (JCPOA) was signed between Iran and the P5 plus Germany and the EU in… Continue reading Iran will no longer abide by nuclear deal limits
Royal Navy of Oman ships arrive in Goa for naval exercise Naseem Al Bahr
News:Recently,Oman ships has arrived in Goa to participate in Naseem Al Bahr the Indo-Oman bilateral naval exercise. Facts: About Exercise Naseem Al Bahr: The Exercise Naseem-Al-Bahr(sea breeze) is a naval exercise between the Indian Navy and Oman.The exercise is being conducted since 1993. The exercise will have two phases namely the harbour phase in Goa… Continue reading Royal Navy of Oman ships arrive in Goa for naval exercise Naseem Al Bahr
NSE launches AI-powered learning platform NSE Knowledge Hub
News:Union Commerce minister has inaugurated the NSE Knowledge Hub. Facts: About NSE Knowledge Hub: The ‘NSE Knowledge Hub’ is an Artificial Intelligence(AI) powered learning ecosystem. The platform has been developed by NSE Academy, a wholly-owned subsidiary of the National Stock Exchange(NSE). This platform seeks to assist the banking, financial, securities and insurance (BFSI) sector in… Continue reading NSE launches AI-powered learning platform NSE Knowledge Hub
Over 1 million migratory birds to flock to Chilika this year too
News:The Chilika Development Authority(CDA) has said that it expects over 1 million migratory birds to flock to Chilika lake in 2020. Facts: About Chilika lake: Chilika lake is the Asia’s largest brackish water lake.It is located at the Daya River flowing into the Bay of Bengal. The lake is also the second largest coastal lagoon… Continue reading Over 1 million migratory birds to flock to Chilika this year too
Marble domes of Aurangabad’s Bibi Ka Maqbara to get new glow
News:The Archaeological Survey of India(ASI) will undertake scientific conservation of Bibi Ka Maqbara located in Aurangabad,Maharashtra. Facts: About Bibi Ka Maqbara: Bibi ka Maqbara is a famous 17th century Mughal-era monument in the city of Aurangabad,Maharashtra. The maqbara was commissioned in 1660 by Mughal emperor Aurangzeb in the memory of his first and chief wife… Continue reading Marble domes of Aurangabad’s Bibi Ka Maqbara to get new glow
Al-Shabaab attacks US-Kenya military base in Lamu Region
News:Recently, Al-Shabaab has attacked a military base used by the United States of America(USA) and Kenyan forces in Kenya’s coastal Lamu region. Facts: About Lamu Region: Lamu Island is a UNESCO World Heritage Site.It is situated in the Indian Ocean in the East of Kenya. Lamu was a trading post for the sultanate of Oman… Continue reading Al-Shabaab attacks US-Kenya military base in Lamu Region
