News: The center has discovered that eight carmakers, including Hyundai, Kia, Mahindra, and Honda, had fleet emissions above the allowed limit in the 2022-23 financial year. This could lead to penalties for violating CAFE norms. About Corporate Average Fuel Efficiency (CAFE) norms 1. Aim– Their goal is to improve vehicle fuel efficiency by reducing CO₂… Continue reading Corporate Average Fuel Efficiency (CAFE) norms
Category: Daily Factly articles
Bima Sugam
News: The Insurance Regulatory and Development Authority of India (IRDAI) chairman recently reiterated that the IRDAI’s ambitious project, Bima Sugam, will transform the insurance sector. About Bima Sugam 1. It is an online insurance marketplace (similar to an e-commerce platform) for purchasing, selling, servicing insurance policies, and settling claims. 2. It will be a plug-and-play… Continue reading Bima Sugam
Basic Animal Husbandry Statistics 2024
News: On the National Milk Day (26 November), the Union Minister of Fisheries, Animal Husbandry and Dairying has released the annual publication of Basic Animal Husbandry Statistics 2024. 1. The Basic Animal Husbandry Statistics (BAHS) 2024, has been prepared by the Animal Husbandry Department. 2. It is based on the results of the Integrated Sample… Continue reading Basic Animal Husbandry Statistics 2024
SC ruling on socialism, secularism
News: A Division Bench of the Supreme Court dismissed pleas challenging the constitutional validity of the 42nd amendment by which the words secular and socialist were added to the Preamble in 1976. Evolution of Preamble 1. The original Preamble was adopted on November 26, 1949. It declared India to be a sovereign, democratic, republic. 2.… Continue reading SC ruling on socialism, secularism
National Small Savings Fund (NSSF)
News: The Delhi government has submitted a proposal to the Union Finance Ministry to borrow Rs 10,000 crore from the National Small Savings Fund (NSSF). About National Small Savings Fund (NSSF) 1. NSSF is a fund that collects money from various small savings schemes. 2. It was established in 1999 within the Public Account of… Continue reading National Small Savings Fund (NSSF)
Alternative investment funds (AIFs)
News: According to SEBI’s latest data, Alternative Investment Funds (AIFs) have raised over ₹5 trillion. Investment commitments have also surpassed ₹12 trillion for the first time. About Alternative investment funds (AIFs) 1. An AIF is a fund established or incorporated in India that serves as a privately pooled investment vehicle. These investment vehicles adhere to… Continue reading Alternative investment funds (AIFs)
SC rejects ballot paper plea
News: The Supreme Court dismissed a Public Interest Litigation (PIL) that called for the reinstatement of ballot papers instead of Electronic Voting Machines (EVMs). About Electronic Voting Machine (EVM) 1. It is a device used to electronically record, and count votes cast in elections. 2. They were first used in the Paravur Assembly Constituency of… Continue reading SC rejects ballot paper plea
Launch of National Mission on Natural Farming (NMNF)
Source: This post on Launch of National Mission on Natural Farming (NMNF) has been created based on the article “Launch of National Mission on Natural Farming” published in PIB on 26th November 2024. Why in news? The Union Cabinet, chaired by Prime Minister approved the National Mission on Natural Farming (NMNF). About National Mission on… Continue reading Launch of National Mission on Natural Farming (NMNF)
Cultural Exchange Programmes (CEPs)
Source: This post on Cultural Exchange Programmes (CEPs) has been created based on the article “CULTURAL EXCHANGE PROGRAMMES” published in PIB on 26th November 2024. Why in news? The Ministry of Culture actively signs Cultural Exchange Programmes (CEPs). About Cultural Exchange Programmes (CEPs) 1. The Ministry of Culture actively signs Cultural Exchange Programmes (CEPs) to… Continue reading Cultural Exchange Programmes (CEPs)
One Nation One Subscription (ONOS) Scheme
Source: This post on One Nation One Subscription (ONOS) Scheme has been created based on the article “Cabinet approves One Nation One Subscription (ONOS)” published in PIB on 26th November 2024. Why in news? The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved the One Nation One Subscription (ONOS) scheme. About One Nation… Continue reading One Nation One Subscription (ONOS) Scheme
