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
Tag: 9pm Daily Factly
India’s Defence Strategy
Source: The post India’s Defence Strategy has been created, based on the article “C Raja Mohan writes: Dealing with the China question” published in “The Hindu” on November 28, 2024. UPSC Syllabus Topic: GS Paper 2 – International Relations Context: India’s defence cooperation with like-minded Asian nations is gaining momentum, driven by the twin imperatives of countering… Continue reading India’s Defence Strategy
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
India Employment Report 2024
Source: This post on India Employment Report 2024 has been created based on the article “Youth unemployment rates in India lower Than Global Levels” published in PIB on 26th November 2024. Why in news? The India Employment Report 2024 by the Institute for Human Development (IHD) and the International Labour Organisation (ILO) highlights an improved employment… Continue reading India Employment Report 2024
Proba-3
Source: This post on Proba-3 has been created based on the article “All about Proba-3, the advanced European solar mission that ISRO will launch” published in The Hindu on 25th November 2024. Why in news? The Indian Space Research Organisation (ISRO) will launch the European Space Agency’s Proba-3 mission aboard its PSLV rocket on December… Continue reading Proba-3
