9 PM Daily Current Affairs Brief – May 22, 2021

Good evening dear reader Here is our 9pm current affairs brief for you today Issues and Significance of Longer Vaccine Gaps Source: The Hindu Syllabus: GS:2 –  Issues relating to development and management of Social Sector/Services relating to Health Synopsis: Recently, the government introduced longer vaccine gaps for few reasons. But it fails to take other things… Continue reading 9 PM Daily Current Affairs Brief – May 22, 2021

Issue of fertilizer subsidy in India – Explained, Pointwise

Introduction The subsidy allows an individual to buy a product or use a service at a lower price than its market cost. The government in India has been providing a host of price subsidies on kerosene, cooking gas, water, electricity, fertilizer, etc. in order to support the vulnerable sections. The farmers have been getting the… Continue reading Issue of fertilizer subsidy in India – Explained, Pointwise

Government Notifies Rules for 74% FDI in Insurance Sector

What is the News? The Finance Ministry notified the Indian Insurance Companies (Foreign Investment) Amendment Rules, 2021. These rules will apply to all insurers irrespective of the stake held by the foreign partner. These rules will give an effect to increased FDI limit in the Insurance Sector to 74% from 49%. Key Provisions of the Rules:… Continue reading Government Notifies Rules for 74% FDI in Insurance Sector

Pradhan Mantri Swasthya Suraksha Yojana

What is the News? The Government of India has approved the setting up of 22 new regional AIIMS (All India Institute of Medical Sciences) under the Pradhan Mantri Swasthya Suraksha Yojana (PMSSY) so far. About Pradhan Mantri Swasthya Suraksha Yojana(PMSSY): Type: Central Sector Scheme Nodal Ministry: The scheme was announced in 2003 by the Ministry of… Continue reading Pradhan Mantri Swasthya Suraksha Yojana

RBI to transfer Surplus Profit to Central Government

What is the News?  The RBI (Reserve Bank of India) Central Board has approved the transfer of Rs. 99,122 crore as surplus to the central government. RBI’s Transfer of Surplus to Government:  The Reserve Bank of India(RBI) transfers its surplus profits to the Government every year. It is according to the provisions of Section 47… Continue reading RBI to transfer Surplus Profit to Central Government

Factly :-News Articles For UPSC Prelims | 22 May, 2021

Read Previous Factly articles Article wise list of factly articles RBI to transfer Surplus Profit to Central Government What is the News? The RBI (Reserve Bank of India) Central Board has approved the transfer of Rs. 99,122 crore as surplus to the central government. RBI’s Transfer of Surplus to Government:  The Reserve Bank of India(RBI)… Continue reading Factly :-News Articles For UPSC Prelims | 22 May, 2021

What is “White Fungus” and How Dangerous is it?

What is the News? New Cases of White Fungus from Covid-19 patients have been reported in states such as Bihar and others.  About White Fungus: White Fungus is also known as Candidiasis. It is a type of fungal infection caused by a yeast (a type of fungus) called Candida. Candida normally lives on the skin and… Continue reading What is “White Fungus” and How Dangerous is it?

USSR-era “INS Rajput” decommissioned

What is the News? Indian Navy has decommissioned the INS Rajput at Naval Dockyard at Visakhapatnam after 41 years of service. About INS Rajput: INS Rajput was a guided-missile destroyer and the lead ship of the Rajput class of the Indian Navy. It was built by the erstwhile USSR (now Russia). The missile destroyer was… Continue reading USSR-era “INS Rajput” decommissioned

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