Current Affairs

CBAM is part of the “Fit for 55 in 2030 package”, which is the EU’s plan to reduce greenhouse gas emissions by at least 55% by 2030 compared to 1990 levels in line with the European Climate Law. Aim The … Continue reading →

Critical minerals are those minerals that are essential for economic development and national security of a country. Examples: Lithium, Cobalt, Nickel, and Graphite, etc. Major Features  High supply risk Limited substitutes Strategic importance Applications Green Energy: Lithium, cobalt, and nickel … Continue reading →

Tiny plastic particles less than 5 millimeters in size, resulting from the breakdown of larger plastics or produced intentionally for commercial use (e.g., in cosmetics). Source Industrial and Consumer Products: Microbeads in cosmetics, synthetic textiles, and cleaning agents. Breakdown of … Continue reading →

Measures price changes at the wholesale level. Base year is 2011 – 12 ( proposed base year is 2022 – 23). Primarily includes manufactured products, fuel, and primary articles. (service sector not included). The measurement of the WPI is based … Continue reading →

The Scarborough Shoal is an oceanic coral atoll that developed on top of a seamount into a triangle shape in the eastern part of the South China Sea. It is the largest atoll in the South China Sea. The deep … Continue reading →

Corporate Average Fuel Efficiency or CAFE norms were first introduced in 2017 under the Energy Conservation Act, 2001, with the aim of curbing fossil fuel dependence and air pollution from road transport. Issued by the Bureau of Energy Efficiency (BEE). … Continue reading →

UNCLOS is an international treaty that establishes the legal framework for marine and maritime activities. Also called the law of the sea Adopted in 1982 and came into force in 1994. Fact To Know Aim to ensure peaceful use of … Continue reading →

A recession is a period of temporary economic decline, typically involving reduced GDP, industrial output, employment, and income. Major Causes High inflation, rising interest rates, supply-and-demand imbalances, or external shocks such as pandemics or conflicts. Types Technical Recession: Two quarters … Continue reading →

It is a directive issued by political parties to ensure members attend and vote as per the party line. It is based on the conventions of the parliamentary government. Appointment of Whip Parties appoint senior members as Whip, to issue … Continue reading →

Minimum Support Price (MSP) is a mechanism through which the government supports farmers by purchasing their crops at a pre-determined price. This assured price encourages farmers to invest in quality seeds and technology without fear of distress sales.   What … Continue reading →