News:The defence establishment and the Ministry of Home affairs are once again in disagreement over the control of Assam Rifles. Facts: What is the issue? Assam Rifles which the oldest paramilitary force of India is under dual control of two ministries. The administrative control of Assam Rifles lies with the Home Ministry, while the operational… Continue reading Assam Rifles
Category: Daily Factly articles
Atlantic Meridional Overturning Current(AMOC)
News:A new study has suggested that the Atlantic Meridional Overturning Current (AMOC) is getting help from the warming up of Indian Ocean. Facts: About Atlantic Meridional Overturning Current(AMOC): Atlantic Meridional Overturning Current(AMOC) is a large system of ocean currents operating In the Atlantic which circulates the water between the north and the south. AMOC ensures… Continue reading Atlantic Meridional Overturning Current(AMOC)
Digital Payment Abhiyan
News:Nasscom’s Data Security Council of India(DSCI) has collaborated with Union Ministry of Electronics and IT (MeitY) and Google India to launch ‘Digital Payment Abhiyan’. Facts: About Digital payment abhiyan: The campaign aims at increasing awareness about cashless payment, educate end-users on the benefits of making digital payments, online financial security and urge them to adopt… Continue reading Digital Payment Abhiyan
Controlled Human Infection Model(CHIM)
News:The Department of Biotechnology (DBT) is close to finalising projects involving Indian and European scientists to develop new influenza vaccines using a Controlled Human Infection Model(CHIM). Facts: About CHIM: In a Controlled Human Infection Model(CHIM), a well-characterised strain of an infectious agent is injected to adult volunteers in order to better understand human diseases, These… Continue reading Controlled Human Infection Model(CHIM)
PACEsetter Fund programme
News:The Ministry of New and Renewable Energy has awarded Grants to the awardees of the second round of PACEsetter fund programme. Facts: About the programme: The PACEsetter fund was constituted by India and the USA in 2015. It is a joint fund to provide early-stage grant funding to accelerate the commercialization of innovative off-grid clean… Continue reading PACEsetter Fund programme
37th GST Council meeting
News:The 37th Goods & Services Tax(GST) Council meeting was held on 20th September 2019. Facts: Key Highlights of the meeting: Uniform GST rate of 12% to be levied on polypropylene bags and sacks used for packing of goods GST exempted on specified defence goods not manufactured in India Group insurance schemes for paramilitary forces under… Continue reading 37th GST Council meeting
Central Advisory Board of Education (CABE)
News:Union Human Resource Minister has chaired the Special Meeting of the Central Advisory Board of Education(CABE). Facts: About CABE: The Central Advisory Board of Education (CABE) is the highest advisory body to advise the Central and State Governments in the field of education. It is the oldest and the most important advisory body of the… Continue reading Central Advisory Board of Education (CABE)
Teaser loans
News:The Reserve Bank of India(RBI) may not allow State Bank of India(SBI) plan to offer teaser loans. Facts: About Teaser loans: Teaser loans are those which charge comparatively lower rates of interest in the first few years after which the rates are increased. Why RBI is against teaser loans? The RBI feels that some borrowers… Continue reading Teaser loans
SEBI tightens norms for liquid funds
News:The Securities and Exchange Board of India (Sebi) has released a circular on risk management framework for liquid funds. Facts: About Liquid funds: Liquid funds belong to the debt category of mutual funds. They invest in very short-term market instruments like treasury bills, government securities among others. They are getting popular with retail investors due… Continue reading SEBI tightens norms for liquid funds
Shodh Shuddhi
News:Union Minister for Human resource development(HRD) has launched the Plagiarism Detention Software (PDS) “Shodh Shuddhi”. Facts: About Shodh Shuddhi: Shod Shuddhi will significantly help to improve the quality of research outcomes by ensuring the originality of ideas and publication of the research scholars. This service is being implemented by INFLIBNET, an Inter University Centre (IUC)… Continue reading Shodh Shuddhi
