Archives: Current Affair

May 2, 2024

What is  Federal Reserve /Federal funds rate its impact on  Global Economy?

Why in News? The  US Fed has recently reduced the interest rate to tackle the inflation and boost economic growth.  About  US Fed: Like other central banks such as the RBI, as the US Fed conducts monetary policy, it influences employment and inflation primarily by using policy tools to control the availability and cost of […]



May 2, 2024

What is Supersonic Missile Assisted Release of Torpedo (SMART)?

Why in News?The Defence Research and Development Organisation (DRDO) successfully conducted a flight test of the Supersonic Missile Assisted Release of Torpedo (SMART) from Dr APJ Abdul Kalam Island, situated off the coast of Odisha. According to the Ministry of Defence, SMART represents a cutting-edge missile-enabled lightweight torpedo delivery system aimed at bolstering the Indian […]



May 2, 2024

What are different types of Vaccines: What is Viral Vector? What is adenovirus?

There are several different types of vaccines. Each type is designed to teach your immune system how to fight off certain kinds of germs—and the serious diseases they cause. When scientists create vaccines, they consider: How your immune system responds to the germ Who needs to be vaccinated against the germ The best technology or […]



May 2, 2024

What is Thrombosis with Thrombocytopenia Syndrome (TTS)?

UK pharmaceutical company AstraZeneca has acknowledged the potential for its COVID-19 vaccine to cause a rare side effect known as Thrombosis with Thrombocytopenia Syndrome (TTS), as per a report by The Telegraph. The vaccine, which was utilized in India under the name Covishield, was developed by AstraZeneca in collaboration with Oxford University during the pandemic and was manufactured by the Serum Institute […]



May 2, 2024

Hindu marriage not valid ‘unless performed with ceremonies in proper form’: SC

Why in News?  The Supreme Court has recently  ruled that a Hindu marriage is a ‘samskara’ or sacrament and cannot be recognised under the Hindu Marriage Act, 1955 “unless performed with ceremonies in the proper form”.  Key points of the Court: A Hindu marriage is a sacrament which has to be accorded its status as […]



May 1, 2024

The Core Heatwave Zone (CHZ)/ When the IMD declares a heatwave?

The April Month 2024 as experienced heatwaves that  was more severe than previous year. While the southern peninsular and the southeastern coast areas have been the worst affected, the northern plains are yet to experience heatwave conditions this season. The Core Heatwave Zone (CHZ) spanning central, north, and peninsular India between Gujarat and West Bengal is prone […]



May 1, 2024

GIFT CITY/ foreign portfolio investor (FPI):

Why in News? The Securities and Exchange Board of India (Sebi) recently allowed non-resident Indians (NRIs) to own up to 100 per cent in global funds at the GIFT City and gave passive funds more exposure to group companies. Currently, NRIs and Overseas Citizens of India (OCIs) cannot own more than 50 per cent in […]



May 1, 2024

Who are Blue Helmets?

The Blue Helmets, officially known as the United Nations Peacekeeping Forces, are multinational military units operated by the United Nations. Their primary objective is to maintain or restore peace and security in areas affected by conflict or violence. The name “Blue Helmets” comes from the distinctive light blue helmets worn by UN peacekeepers. United Nations […]



April 30, 2024

Reform in  Model Code of Conduct (MCC): What is model leadership?

Why in news ? The Former Election Commissioner Ashok Lavasa  has recently said that EC’s Model Code needs reform  and India needs model leadership. He said that the present political environment is blunting the efficacy of EC. About MCC: The MCC, a unique consensual arrangement that evolved over many years, comes under stress as soon […]



April 30, 2024

Intestate and testamentary succession:

Why in News?  : Will an ex-Muslim continue to be governed by the Muslim personal law — the Shariat Act of 1937 — or by the secular laws of the country in matters of succession? The Supreme Court agreed to consider the “important point” and issued notice on a writ petition filed by a woman […]



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Current Affair | Vaid ICS Institute - Part 20