Category: Test 1

Govt may continue GST compensation scheme till 2025 News: Government to Compensate GST loses to States for additional three years till 2025. Important Facts: As mandated by Constitution the Union government plans to create a backstop facility for states to receive compensation for three additional years to implement the nationwide goods and services tax (GST)… Continue reading Govt may continue GST compensation scheme till 2025

Capital idea? on banks recapitalisation plan News: Arun Jaitley presented the budget for 2018-19, and allocated ₹65,000 crores to recapitalize public sector banks. Important Facts: Major issues with Banking Sector: Public sector banks have been facing a massive problem of nonperforming assets (NPAs) or bad loans. Bad loans are those which have not been repaid… Continue reading Capital idea? on banks recapitalisation plan

Thanka Anki begins journey to Sabarimala News: Four-day Thanka Anki procession to set off for Sabarimala. Facts: About Thanka Anki Procession The ceremonial procession carrying the golden attire (thanka anki) for Lord Ayyappa set off to Sabarimala from the Sree Parthasarathy temple at Aranmula. The ‘Thanka Anki’ is the sacred gold attire worn by Sree… Continue reading Thanka Anki begins journey to Sabarimala

No rise in working women despite high literacy levels: ICRIER study News: Study conducted by Indian Council for Research on International Economic Relations (ICRIER) shows, rise in literacy levels among women has failed to translate into an increase in the number of working women Important Facts: There has been an increasing clamor over the fall… Continue reading No rise in working women despite high literacy levels: ICRIER study

Volcano-triggered tsunami toll climbs to 222 in Indonesia News: Indonesian tsunami strikes without warning due to landslide on Krakatau volcano Facts: As per the scientist, underwater landslide could be the leading theory which might have triggered the killer waves. Underwater landslide when occur, it pushes land into the ocean and displaces the ocean surface causing… Continue reading Volcano-triggered tsunami toll climbs to 222 in Indonesia

Rare albino orangutan released back into the wild News: The world’s only known Albino Orangutan has been released back into the jungle Facts: About Albino Orangutan The orangutans are three extant species of great apes native to Indonesia and Malaysia. Orangutans are currently only found in the rainforests of Borneo and Sumatra. Their forest habitat… Continue reading Rare albino orangutan released back into the wild

NASA’s InSight Lander places first instrument on Mars News: NASA’s InSight lander has deployed its first instrument “The seismometer” onto the surface of Mars Facts: The seismometer, known as the Seismic Experiment for Interior Structure, or SEIS, was made by the French space agency, CNES. Besides the seismometer, the other one is the heat probe,… Continue reading NASA’s InSight Lander places first instrument on Mars

Himachal, Kerala and T.N. top development index News: The NITI Aayog released the Baseline Report of the Sustainable Development Goals (SDG) India Index Facts: NITI Aayog came out with a first of its kind baseline index of Indian states’ performance on various UN Sustainable Development Goals (SDGs), which found the states of Himachal Pradesh, Kerala… Continue reading Himachal, Kerala and T.N. top development index

Since 2014, three Central schemes have generated 2.7 million jobs News: Employment generation programmes of Government have generated 27 lakh employment opportunities in the last four-and-a-half years in India Important Facts: Three flagship employment generation programmes the Prime Minister’s Employment Generation Programme (PMEGP), Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY), and Deen Dayal Antodaya Yojana-National… Continue reading Since 2014, three Central schemes have generated 2.7 million jobs

Sea levels could rise by up to 2.8 feet in India, says govt News: Sea levels along the Indian coast are projected to rise 34 inches (2.8 feet) by the end of the century due to global warming Important Facts: Major finding of the studies: Rising sea level posing a potent threat to vast stretches… Continue reading Sea levels could rise by up to 2.8 feet in India, says govt