#PT2020 #OrgInNews #1MinRead
Narcotics Control Bureau
It is the nodal drug law enforcement and intelligence agency of India.
It is responsible for fighting drug trafficking and the abuse of illegal substances.
HQ - New Delhi
Founded - 1986
It comes under the Ministry of Home Affairs.
Narcotics Control Bureau
It is the nodal drug law enforcement and intelligence agency of India.
It is responsible for fighting drug trafficking and the abuse of illegal substances.
HQ - New Delhi
Founded - 1986
It comes under the Ministry of Home Affairs.
#PT2020 #TermsInNews #1MinRead
Zoonosis
It is an infectious disease caused by a pathogen( bacteria, viruses, parasites, etc), originated from animals (usually vertebrates).
Examples
CoVID-19, Ebola, Swine Flu etc
Zoonosis
It is an infectious disease caused by a pathogen( bacteria, viruses, parasites, etc), originated from animals (usually vertebrates).
Examples
CoVID-19, Ebola, Swine Flu etc
#SnT_Currents #PT2020 #2MinRead
MK 54 Lightweight Torpedo
News - US govt has approved its Sale to India
MK 54 lightweight torpedo was known as the Lightweight Hybrid Torpedo (LHT).
It weighs around 608 pounds, while its warhead weighs around 96.8 pounds and is highly explosive.
These torpedoes are used by surface ships, fixed-wing aircraft and helicopters and are primary anti-submarine warfare weapon.
MK 54 Lightweight Torpedo
News - US govt has approved its Sale to India
MK 54 lightweight torpedo was known as the Lightweight Hybrid Torpedo (LHT).
It weighs around 608 pounds, while its warhead weighs around 96.8 pounds and is highly explosive.
These torpedoes are used by surface ships, fixed-wing aircraft and helicopters and are primary anti-submarine warfare weapon.
#Environment #PT2020
Symbiosis
It is any type of a close and long-term biological interaction between two different biological organisms, be it mutualistic, commensalistic, or parasitic.
Symbiosis
It is any type of a close and long-term biological interaction between two different biological organisms, be it mutualistic, commensalistic, or parasitic.
#Modern_India #2MinRevise #VIMP_PT2020
GoI Act 1935
1. Establishment of an All-India Federation (provinces and princely states).
2. Division of powers through Three lists
-Federal List ( 59 items),
-Provincial List ( 54 items)
-Concurrent List (36 items).
3. Residuary powers were vested in Viceroy.
(federation never came into being as the princely states did not join it.)
4. Provinces
- Dyarchy abolished
- introduced ‘provincial autonomy’.
- introduced responsible governments the governor was required to act with the advice of ministers responsible to the provincial legislature.
5. Centre
- dyarchy introduced. However, this provision of the Act did not come into operation at all.
- bicameralism introduced in 6 of 11 provinces.
- Council of India was abolished( established by GoI act 1858).
6. franchise extended, about 10% total population got the voting right
7. communal representation extended. separate electorates for depressed classes (scheduled castes), women and labour (workers).
8. Reserve Bank of India was established.
9. provided for the establishment of
Federal Public Service Commission, Provincial Public Service Commission and Joint Public Service Commission
10. provided for the establishment of a Federal Court, which was set up in 1937.
GoI Act 1935
1. Establishment of an All-India Federation (provinces and princely states).
2. Division of powers through Three lists
-Federal List ( 59 items),
-Provincial List ( 54 items)
-Concurrent List (36 items).
3. Residuary powers were vested in Viceroy.
(federation never came into being as the princely states did not join it.)
4. Provinces
- Dyarchy abolished
- introduced ‘provincial autonomy’.
- introduced responsible governments the governor was required to act with the advice of ministers responsible to the provincial legislature.
5. Centre
- dyarchy introduced. However, this provision of the Act did not come into operation at all.
- bicameralism introduced in 6 of 11 provinces.
- Council of India was abolished( established by GoI act 1858).
6. franchise extended, about 10% total population got the voting right
7. communal representation extended. separate electorates for depressed classes (scheduled castes), women and labour (workers).
8. Reserve Bank of India was established.
9. provided for the establishment of
Federal Public Service Commission, Provincial Public Service Commission and Joint Public Service Commission
10. provided for the establishment of a Federal Court, which was set up in 1937.
#2MinRead #VIMP_PT2020 #IR_Prelims2020
RCEP and India
News - Recently, India has decided not to join Regional Comprehensive Economic Partnership (RCEP) trade deal.
India did not receive any credible assurance on market access and non-tariff barriers.
However, other 15-members will go ahead and sign the deal keeping the door open for India to join at a later date.
Reasons of Withdrawal
India has trade deficit with at least 11 of 15 RCEP countries. It has doubled in the last five years from 54 billion USD in 2013-14 to 105 billion USD in 2018-19. Signing the RCEP will widen trade deficit and foreign exchange reserve of India at a faster rate.
Dumping of less expensive goods by member countries will affect domestic goods market of India
India by not signing the RCEP deal has refused to be a willing dumping ground of China’s trade imperialism.
RCEP and India
News - Recently, India has decided not to join Regional Comprehensive Economic Partnership (RCEP) trade deal.
India did not receive any credible assurance on market access and non-tariff barriers.
However, other 15-members will go ahead and sign the deal keeping the door open for India to join at a later date.
Reasons of Withdrawal
India has trade deficit with at least 11 of 15 RCEP countries. It has doubled in the last five years from 54 billion USD in 2013-14 to 105 billion USD in 2018-19. Signing the RCEP will widen trade deficit and foreign exchange reserve of India at a faster rate.
Dumping of less expensive goods by member countries will affect domestic goods market of India
India by not signing the RCEP deal has refused to be a willing dumping ground of China’s trade imperialism.
#VIMP_PT2020
Regional Comprehensive Economic Partnership (RCEP)
It is a proposed free trade agreement in the Asia-Pacific.
Members:
10 member states of the ASAEN (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam) and five FTA partners (Australia, China, Japan, New Zealand, and South Korea).
Regional Comprehensive Economic Partnership (RCEP)
It is a proposed free trade agreement in the Asia-Pacific.
Members:
10 member states of the ASAEN (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam) and five FTA partners (Australia, China, Japan, New Zealand, and South Korea).
#PT2020 #SnT_Currents #2MinRead
Chitra GeneLAMP-N
- It is a diagnostic test kit that can confirm COVID19 in 2 hours at low cost.
- developed by Sree Chitra Tirunal Institute for Medical Sciences and Technology, Trivandrum, an Institute of National Importance, of the Department of Science and Technology (DST).
- The test detects the N Gene of SARS- COV2 using reverse transcriptase loop-mediated amplification of viral nucleic acid (RT-LAMP).
RT-LAMP
It is a technique for the amplification of RNA. It is used in the detection of viruses.
In this method, a DNA copy of the viral RNA is generated by reverse transcriptase, and then isothermal amplification is carried out to increase the amount of total DNA.
Chitra GeneLAMP-N
- It is a diagnostic test kit that can confirm COVID19 in 2 hours at low cost.
- developed by Sree Chitra Tirunal Institute for Medical Sciences and Technology, Trivandrum, an Institute of National Importance, of the Department of Science and Technology (DST).
- The test detects the N Gene of SARS- COV2 using reverse transcriptase loop-mediated amplification of viral nucleic acid (RT-LAMP).
RT-LAMP
It is a technique for the amplification of RNA. It is used in the detection of viruses.
In this method, a DNA copy of the viral RNA is generated by reverse transcriptase, and then isothermal amplification is carried out to increase the amount of total DNA.
#1MinRead #PT2020
“Krishi Rath” Application
Launched by GoI on 17th April
To help farmers to transport their agriculture produce to the mandis.
The farmer has to post the quantity of agricultural produce he wishes to transport.
The traders can learn farm produce from the application and can consolidate loads posted by different farmers
“Krishi Rath” Application
Launched by GoI on 17th April
To help farmers to transport their agriculture produce to the mandis.
The farmer has to post the quantity of agricultural produce he wishes to transport.
The traders can learn farm produce from the application and can consolidate loads posted by different farmers
#Economy_Current #TermsInNews #PT2020 #2MinRead
Liquidity Coverage Ratio (LCR)
It refers to the proportion of Highly Liquid Assets held by financial institutions, to ensure their ongoing ability to meet short-term obligations.
It is calculated by dividing a bank's high-quality liquid assets by its total net cash flows, over a 30-day stress period.
Objective
- Enble banks to absorb market-wide shocks.
- Preserve Financial Stability of the country.
News - RBI has lowered LCR for banks to 80% from 100%
Liquidity Coverage Ratio (LCR)
It refers to the proportion of Highly Liquid Assets held by financial institutions, to ensure their ongoing ability to meet short-term obligations.
It is calculated by dividing a bank's high-quality liquid assets by its total net cash flows, over a 30-day stress period.
Objective
- Enble banks to absorb market-wide shocks.
- Preserve Financial Stability of the country.
News - RBI has lowered LCR for banks to 80% from 100%
Liquid Asset?
A liquid asset is an asset that can easily be converted into cash in a short amount of time.
Liquid assets include things like cash, money market instruments, and marketable securities.
A liquid asset is an asset that can easily be converted into cash in a short amount of time.
Liquid assets include things like cash, money market instruments, and marketable securities.
#Economy_Current #VIMP_PT2020 #Economy_Concepts #2MinRead
Ways and Means Advances
It's a mechanism under which RBI lends to the governments (Centre or states) to help them manage the mismatches between revenue and expenditure.
The limits for WMA are mutually decided by the RBI and the Government of India.
The rate of interest is the same as the repo rate, while the tenure is three months.
Two types of WMA –
Normal WMA are clean advances.
Special WMA are secured advances provided against the pledge of Government of India dated securities.
Ways and Means Advances
It's a mechanism under which RBI lends to the governments (Centre or states) to help them manage the mismatches between revenue and expenditure.
The limits for WMA are mutually decided by the RBI and the Government of India.
The rate of interest is the same as the repo rate, while the tenure is three months.
Two types of WMA –
Normal WMA are clean advances.
Special WMA are secured advances provided against the pledge of Government of India dated securities.
#SnT_Currents #1MinRead #PT2020
COVSACK
- It is CoVID-19 Sample Collection Kiosk.
- developed by DRDO
- A patient walks into the Kiosk cabin and a health care professional from outside the cabin collects samples with oral swabs.
Significance
- Speedy sample collection, the system is ready in less than 2 minutes for the next use.
- cost effective (about 1 lakh per system)
- system is safe to use.
COVSACK
- It is CoVID-19 Sample Collection Kiosk.
- developed by DRDO
- A patient walks into the Kiosk cabin and a health care professional from outside the cabin collects samples with oral swabs.
Significance
- Speedy sample collection, the system is ready in less than 2 minutes for the next use.
- cost effective (about 1 lakh per system)
- system is safe to use.
#Economy_terms #PT2020 #2MinRead
HARD Currency
A currency which is stable and convertible to other currencies. Its internationally acceptanced, hence
countries maintain their FOREX reserves with it.
Examples- Dollar, Euro, Pound, Yen etc
HOT CURRENCY
If a HARD currency is exiting an economy at a fast pace, then it is known as HOT currency
HEATED Currency
A domestic currency under Pressure (Heat) of depreciation due to the exit of HARD Currency
SOFT Currency
A currency that is easily available, but not convertible and whose value is expected to fall in terms of other currencies.
Example - Indian Rupees.
HOT Money
The money with a tendency to escape an economy in adverse circumstances or more favourable conditions in other countries.
Example- Investments through FIIs.
HARD Currency
A currency which is stable and convertible to other currencies. Its internationally acceptanced, hence
countries maintain their FOREX reserves with it.
Examples- Dollar, Euro, Pound, Yen etc
HOT CURRENCY
If a HARD currency is exiting an economy at a fast pace, then it is known as HOT currency
HEATED Currency
A domestic currency under Pressure (Heat) of depreciation due to the exit of HARD Currency
SOFT Currency
A currency that is easily available, but not convertible and whose value is expected to fall in terms of other currencies.
Example - Indian Rupees.
HOT Money
The money with a tendency to escape an economy in adverse circumstances or more favourable conditions in other countries.
Example- Investments through FIIs.
#Schemes_InNews #PT2020 #2MinRead
‘Yuva Sahakar’- Cooperative Enterprise Support and Innovation Scheme
National Cooperative Development Corporation (NCDC) has launched a youth-friendly scheme for attracting them to cooperative business ventures.
NCDC has created a dedicated fund with liberal features enabling youth to avail the scheme.
The scheme will be linked to Rs 1000 crore ‘Cooperative Start-up and Innovation Fund (CSIF)’ created by the NCDC
‘Yuva Sahakar’- Cooperative Enterprise Support and Innovation Scheme
National Cooperative Development Corporation (NCDC) has launched a youth-friendly scheme for attracting them to cooperative business ventures.
NCDC has created a dedicated fund with liberal features enabling youth to avail the scheme.
The scheme will be linked to Rs 1000 crore ‘Cooperative Start-up and Innovation Fund (CSIF)’ created by the NCDC
#SnT_Currents #2MinRead #PT2020
Cartostat-3
- Its a imaging and mapping, third generation Earth observation satellite
- Launched by ISRO from Sriharikota in November 2019.
- Launch Vehicle - PSLV-C47,
-set into Sun Synchronous Orbit
Features of the satellite
Panchromatic-Captures all visible colors of light
Hyperspectral-Captures light from electromagnetic spectrum.
Multispectral-Captures light within specific ranges of the electromagnetic spectrum.
Cartostat-3
- Its a imaging and mapping, third generation Earth observation satellite
- Launched by ISRO from Sriharikota in November 2019.
- Launch Vehicle - PSLV-C47,
-set into Sun Synchronous Orbit
Features of the satellite
Panchromatic-Captures all visible colors of light
Hyperspectral-Captures light from electromagnetic spectrum.
Multispectral-Captures light within specific ranges of the electromagnetic spectrum.
#1MinRead #GovtInitiative #PT2020
PRAKASH– Power Rail Koyla Availability through Supply Harmony Portal
The portal is developed by National Thermal Power Corporation (NTPC).
The portal is launched to bring better coordination for coal supplies among all stakeholders.
PRAKASH– Power Rail Koyla Availability through Supply Harmony Portal
The portal is developed by National Thermal Power Corporation (NTPC).
The portal is launched to bring better coordination for coal supplies among all stakeholders.