Knolls Archive of Day 22nd of October 2024
RBI eyes US, EU links before CBDC rollout
News: The Reserve Bank of India, currently running a pilot for country’s central bank digital currency (CBDC), is looking to collaborate with the US and the European Union before deciding on a full-scale roll out of the digital rupee in the coming years. 1. Central Bank Digital Currency (CBDC): It is a legal tender issued… Continue reading RBI eyes US, EU links before CBDC rollout
How policies shape high-performance building standards and climate goals
News: Governments are trying to adopt high-performance buildings through initiatives like National Action Plan on Climate Change, The Energy Conservation Building Code (ECBC). 1. High Performance Building (HPBs): They are structures that are designed to reduce greenhouse-gas emissions, minimise energy and water use, and cut operational costs using climate adaptive designs. 2. Some of the… Continue reading How policies shape high-performance building standards and climate goals
NATO Chief: North Korea sending troops to Ukraine would escalate conflict
News: NATO Chief said that if North Korea were to send troops to Ukraine to fight on Russia’s behalf, then it would significantly escalate the conflict. 1. North Atlantic Treaty Organisation is a Western political and military alliance founded in 1949, with 12 founding members. 2. It was established by the signing of the Washington… Continue reading NATO Chief: North Korea sending troops to Ukraine would escalate conflict
Secularism is a core point of the Constitution: SC
News: Yesterday, the Supreme Court said that secularism is an indelible and core part of the basic structure of the constitution. 1. Secularism: It is a philosophical principle that separates religion from other realms of human existence. 2. In Indian context, a positive conception of secularism is followed, where equal respect is given to all… Continue reading Secularism is a core point of the Constitution: SC
India, China reach deal on easing LAC tensions
News: India and China have made significant headway in resolution of the military standoff at the Line of Actual Control (LAC). Both sides have agreed to restore patrolling rights to each in the Depsang Plains and Demchok region. 1. Line of Actual Control is a demarcation line that separates India-controlled territory from Chinese-controlled territory. 2.… Continue reading India, China reach deal on easing LAC tensions
