Current Affairs

Galathea Bay

Location: Great Nicobar Island, Andaman & Nicobar Islands Protection Status Galathea National Park Part of the Great Nicobar Biosphere Reserve (UNESCO), along with Campbell Bay National Park Biodiversity Fauna: Leatherback turtles (world’s largest sea turtle), Nicobar megapode, saltwater crocodiles, Nicobar … Continue reading

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Insolvency and Bankruptcy Code (IBC)

It was enacted in 2016 based on the recommendation of the T.K. Vishwanathan Committee Report. Objectives To consolidate and amend all insolvency laws that exist in India. To simplify and expedite the process of resolution of Insolvency and Bankruptcy in … Continue reading

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Capital Gains Tax (CGT)

Capital Gains Tax (CGT) is a tax levied on the profit arising from the sale of a capital asset (like land, buildings, shares, jewellery, patents). Types Short-term CGT: Any asset that is held for less than 36 months is termed … Continue reading

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Zimbabwe

Location: Landlocked country in Southern Africa. Capital: Harare Border Countries: South Africa, Botswana, Zambia, Mozambique. River: Zambezi (Victoria Falls) Topography: Veld grasslands   Source: PIB

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Biofuel

  Source: The Hindu

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Ethanol Blending

Ethanol Blending involves mixing ethanol with petrol to create cleaner, more sustainable fuel.  Initially, the target was 5% blending, which has now been increased to 20% blending. The present target is E100 (pure ethanol). E100 requires flex-fuel vehicles capable of … Continue reading

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Circular Economy

A Circular Economy is a system where products are designed for durability, reuse, and recyclability, minimizing waste by keeping materials in continuous circulation through repairing, reusing, refurbishing, and recycling. Six R’s of Circular Economy Reduce: Minimize resource use Reuse: Extend … Continue reading

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Wholesale Price Index (WPI) and Producer Price Index (PPI)

Wholesale Price Index (WPI) Measures price changes at the wholesale level. Base year is 2022 – 2023 ( previous base year is 2011 – 12). Primarily includes manufactured products, fuel, and primary articles. (service sector not included). The measurement of … Continue reading

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Similipal Tiger Reserve

Location: Odisha Geographic Setting: It comes under the Deccan Peninsular Biogeographic Zone. Vegetation: It is a mix of different forest types and habitats, with Northern tropical moist deciduous dominating some semi-evergreen patches. Sal forest is the dominant one. Notable Species: … Continue reading

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