Mangroves
About Mangroves Adaptation and Distribution Types A mangrove forest is categorized into five types of forest-based upon its surrounding geography. Importance of Mangroves
General Studies -3
Wildlife Amendment Act 2022
Context: The Lok Sabha passed the Wildlife (Protection) Amendment Bill, with no significant modifications to the version of the Bill presented in the House for discussion. Background of Wildlife Protection Act The wild Birds Protection act was passed by the British India Government in 1887 A second law was enacted in 1912 called the wild … Read more
Rupee Exchange Rate
What determines the rupee’s value? The value of any currency is determined by demand for the currency as well as its supply. When the supply of a currency increases, its value drops. On the other hand, when the demand for a currency increases, its value rises. In the wider economy, central banks determine … Read more
Defence Acquisition Council
About Defence Acquisition Council Defence Acquisition Council (DAC) under the Defence Minister was constituted for overall guidance of the defence procurement planning process. It was constituted based on the Group of Ministers recommendations on “Reforming the National Security System,” Compostion Defence Minister: Chairman Minister of State for Defence: Member Chief of Army Staff: Member Chief … Read more
Bad Banks
Context : The National Asset Reconstruction Company Ltd. (NARCL), set up to take over large bad loans of more than ₹500 crore from banks, will pick up the first set of such non-performing assets (NPAs) in July. What are Bad Banks? A bad bank is a bank that is set up to buy the bad loans … Read more
Unlawful Activities (Prevention) Act (UAPA)
Context : The Supreme Court’s freeze on sedition proceedings under the colonial Section 124A of the Indian Penal Code seems to have not yet made a ripple on the ground for persons who have also been charged under the draconian Unlawful Activities (Prevention) Act (UAPA) of 1967 in the same case or separately. About Unlawful … Read more
Liquid Mirror Telescope
Context : In early 2022, India’s first liquid-mirror telescope, which will observe asteroids, supernovae, space debris and all other celestial objects from an altitude of 2,450 metres in the Himalayas, saw its first light as it peered into the zenith from the Devasthal observatory in Uttarakhand. Having entered the commissioning phase, it became the world’s first … Read more
Purchasing Managers Index
Context : Indian manufacturers won new orders in May at almost the same pace as in April despite raising prices at the fastest rate in more than eight-and-a-half years amid a sharp jump in input costs, as per the S&P Global India Manufacturing Purchasing Managers’ Index survey. About the News The PMI index stood at … Read more
Provisional National Income Estimates
Context : India’s gross domestic product (GDP) growth slowed to a four-quarter low of 4.1% during the January-March period, from 5.4% in the preceding quarter, as manufacturing output shrank, provisional national income estimates released on Tuesday show. As a result, full-year growth came in at 8.7% — a tad lower than the 8.9% pace projected … Read more
Goods & Service Tax & GST Compensation
Context : The Centre paid the entire amount of Goods and Services Tax (GST) compensation due to States up to May 31 by releasing an amount of ₹86,912 crore. What is GST ? The Goods and Services Tax (GST) is a uniform indirect tax levied on goods and services across the country. GST, as an … Read more