Current Affairs

Defence Acquisition Council (DAC)

The DAC is the highest decision-making body of the Defence Ministry on procurement. Objective: To ensure expeditious procurement of the approved requirements of the armed forces. Formation: It was formed after the Group of Ministers’ recommendations on ‘Reforming the National … Continue reading →

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Variable Rate Repo (VRR)

VRR  is a type of liquidity adjustment tool used by the RBI, where banks can borrow funds for  short term at market-determined interest rates through an auction mechanism. How it works? RBI conducts VRR auctions where banks bid for funds, … Continue reading →

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Phillips Curve

The Phillips curve states that inflation and unemployment have an inverse relationship; higher inflation is associated with lower unemployment and vice versa. Read More….. Source: The Hindu

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Rabies

Read More…… Source: The Hindu

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Forest Rights Act (FRA) of 2006

Aims to recognize and vest forest rights and occupation in forest land to forest-dwelling Scheduled Tribes (STs) and other traditional forest dwellers (OTFDs), who have been residing in such forests for generations but whose rights have not been recorded. Also … Continue reading →

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Red Corridor

  Read More……. Source: The Indian Express

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Zika Virus

Zika virus is a mosquito-borne flavivirus (genus Flavivirus, family Flaviviridae) transmitted mainly by day-biting Aedes aegypti and Aedes albopictus mosquitoes Fact To Know First identified in 1947 in Zika Forest, Uganda, in a rhesus monkey; human cases were confirmed in … Continue reading →

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Solar System

Our Solar System consists of the Sun and eight planets (Mercury, Venus, Earth, Mars, Jupiter, Saturn, Uranus, Neptune), which are located in the Milky Way Galaxy. Inner Planets  Mercury Mercury is closest to the Sun.  It has a temperature range … Continue reading →

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Coal Gasification

Coal gasification is a process that transforms Coal into synthetic gas (Syngas), a mixture of gases such as Carbon monoxide (CO), Hydrogen (H2), Carbon dioxide (CO2), Methane (CH4), and Water vapor (H2O). Syngas can be used to produce a wide … Continue reading →

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UN Loss and Damage Fund

It is a climate finance mechanism under the UNFCCC to help vulnerable developing countries cope with unavoidable and irreversible climate impacts that cannot be addressed through mitigation or adaptation. Development 2013: Warsaw International Mechanism (WIM) on Loss and Damage established … Continue reading →

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