News: An IIT Delhi student recently lost her life while conducting research near the archaeological site of Lothal in Gujarat. About Lothal 1. It was one of the southernmost sites of the Indus Valley civilization (IVC). 2. Its archaeological remains is located along the Bhogava river, a tributary of Sabarmati, in the Gulf of Khambat.… Continue reading Lothal- Harrapan Port Town
Category: Daily Factly articles
Open Market Operations (OMO)
News: The Reserve Bank of India (RBI) is likely to use Open Market Operations (OMO) to maintain liquidity within a manageable range. 1. The Open Market Operations (OMO) are used by Reserve Bank of India to buy or sell the Government Securities (G-Secs) in the open market to influence the money supply. 2. They are… Continue reading Open Market Operations (OMO)
Sabal-20 Logistics Drone
News: The Indian Army has received Sabal-20 logistics drone, from EndureAir Systems, to bolster logistical capabilities in challenging terrains, particularly in the eastern sector. 1. Sabal-20 is an advanced electric unmanned helicopter based on variable pitch technology. 2. It can carry payloads of up to 20 kg, which is about half of its own weight.… Continue reading Sabal-20 Logistics Drone
Global Hunger Index 2024
News: The government informed the Lok Sabha that the measure of hunger used in the Global Hunger Report 2024 Index is flawed and does not reflect India’s true position. About Global Hunger Index 1. The Global Hunger Index is a tool designed to measure and track hunger levels across the world. 2. GHI is released… Continue reading Global Hunger Index 2024
Corporate Average Fuel Efficiency (CAFE) norms
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
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)
