Explained: What is the ongoing sixth mass extinction?

News: According to researchers at National Academy of Sciences of the United States of America(PNAS), the ongoing sixth mass extinction may be one of the most serious environmental threats to the persistence of civilisation. Facts: Mass extinction: It refers to a substantial increase in the degree of extinction or when the Earth loses more than… Continue reading Explained: What is the ongoing sixth mass extinction?

RBI creates Payment Infrastructure Development Fund

News: Reserve Bank of India(RBI) has created a Payment Infrastructure Development Fund of Rs 500 crores. Facts: Aim: To encourage the deployment of Points of Sale(PoS) infrastructure both physical and digital modes in smaller cities, towns and north eastern states. Contribution: RBI will make an initial contribution of Rs 250 crore to the fund. The… Continue reading RBI creates Payment Infrastructure Development Fund

Power Minister launches the ‘#iCommit’ initiative on World Environment Day

News: Union Power minister has launched the ‘#iCommit’ campaign on the occasion of World Environment Day. Facts: Aim: To call upon all stakeholders and individuals to continue moving towards energy efficiency, renewable energy and sustainability to create a robust and resilient energy system for India in the future. Nodal agency: It will be implemented by… Continue reading Power Minister launches the ‘#iCommit’ initiative on World Environment Day

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