UPSC Prelims + Mains 2024
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πŸ”†What is India VIX?

βœ…India VIX is a volatility index that measures the expected volatility in the Indian stock market over the next 30 days. It is often referred to as the β€œFear Index” because it reflects investors’ sentiments about the market’s future volatility.

βœ…A high India VIX suggests that investors expect significant fluctuations in stock prices, indicating uncertainty and risk in the market. Conversely, a low India VIX indicates expectations of relatively stable market conditions.

βœ…India’s VIX surged above 16.5 amidst election-driven volatility, prompting caution from experts on leveraged positions. With the general election outcome nearing, market experts anticipate increased volatility.

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#space manufactureing
NSIL (Commercial arm of Deptt of. Space)
Manufacture LVM3

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πŸ”†IT hardware production linked PLI scheme

βœ…The PLI Scheme 2.0 for IT Hardware is expected to result in broadening and deepening of the manufacturing ecosystem by encouraging the localisation of components and sub-assemblies and allowing for a longer duration to develop the supply chain within the country.

βœ…Additionally, the scheme provides increased flexibility and options for applicants, and is tied to incremental sales and investment thresholds to further incentivise growth.

βœ… Furthermore, semiconductor design, IC manufacturing, and packaging are also included as incentivised components of the PLI Scheme 2.0 for IT Hardware.

βœ…The Scheme shall extend an average incentive of around 5% on net incremental sales (over base year) of goods manufactured in India and covered under the target segment, to eligible companies, for a period of six (6) years.

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'Suwalki Corridor,' recently seen in the news, is located between which of the following countries?
Anonymous Quiz
29%
(a) Russia and Ukraine
31%
(b) Russia and Poland
25%
(c) Lithuania and Ukraine P
15%
(d) Lithuania and Poland
Consider the following statements with reference to NASA-ISRO Synthetic Aperture Radar (NISAR) :

1. It marks the first time the two space agencies have cooperated on hardware development for an earth-observing mission.

2. It will be the first radar imaging satellite to use dual frequencies in space.
Which of the statements given above is/are correct ?

Anonymous Quiz
12%
(a) 1 only
28%
(b) 2 only
58%
(c) Both 1 and 2
1%
(d) Neither 1 nor 2
Consider the following activities :

1. Projects of the Department of Atomic Energy

2. Dumping of ash from thermal power stations

3. Projects directly related to waterfront and foreshore facilities

4. Mining of rare minerals that are not available outside the CRZ Areas
How many of the activities mentioned above shall be prohibited, in general, within the entire Coastal Regulation Zone ?

Anonymous Quiz
12%
(a) Only One
42%
(b) Only two
31%
(c) Only three
15%
(d) All four
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Useful for Prelims in news
πŸ”†Peregrine Falcon:

βœ…It is one of the most widespread birds in the world. It is found on all continents except Antarctica and on many oceanic islands.

βœ…Habitat:
They prefer open habitats, such as grasslands, tundra, and meadows.

βœ…They are most common in tundra and coastal areas and rare in sub-tropical and tropical habitats. They nest on cliff faces and crevices.

βœ…They are active during the day. When not breeding they are primarily solitary and establish and defend territories.

βœ…Ecological role: They are high level predators, peregrine falcons play an important role in regulating populations of their prey, particularly pigeons and doves.

βœ…Conservation status
IUCN Red List status: Least Concern.

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NOTO pennisula of Japan recently seen in news due to seismic activity in this area

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πŸ”†Sonai Rupai Wildlife Sanctuary:

βœ…It is a protected area located in the north-western area of Sonitpur district of Assam.
It is located along the foothills of the Great Himalayan Range.

πŸ“Climate:
βœ…The sanctuary experiences a sub-tropical type of climate with hot and humid summers, with heavy summer rains often causing floods and river overflows.
βœ…The Burhidihing Rivertraces its course through the sanctuary.
βœ…The Namchang River, flowing from the state of Arunachal Pradesh, enters this region and joins the Burhidihing River.

βœ…Flora: It mostly comprises evergreen forest. However, grasslands are also common in this region.

πŸ“Fauna:
βœ…The main attractions of the sanctuary are Elephant and Indian bison. The other animals found in the sanctuary are deer, one-horned rhinoceros, leopard, tiger and some rare species of cats.
βœ…Avifauna includes endangered species like White Winged Wood Duck. Other birds commonly found here are Woodpecker, Hill Myna, Indian Roller, Nightjar, Horned Owl, etc.

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AI CHATBOT
#GROK in news

Social networking platform X’s artificial intelligence (AI) tool Grok – AI platforms are now being trained to produce summaries of content on a particular site, triggering concerns over its impact on traffic to news publishers, and their potential to generate and propagate misleading content harming the online information economy.

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πŸ”†Oleander flower : Why Kerala government banned its use as offering in temples

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