Archives: Current Affair

Merchant Shipping Bill, 2024 and the Coastal Shipping Bill, 2024: The Government is preparing to introduce several significant bills aimed at driving much-needed reforms in the shipping industry. Key among them are the Merchant Shipping Bill, 2024 and the Coastal Shipping Bill, 2024, both of which promise to bring transformative changes to boost the sector. […]

Antimatter is a type of material composed of antiparticles, which are counterparts to the particles making up regular matter. These antiparticles have the same mass as particles of normal matter but opposite charges and quantum properties. When antimatter comes into contact with matter, they annihilate each other, releasing vast amounts of energy as gamma rays […]

Mule Hunter AI is an advanced artificial intelligence tool or system designed to detect and prevent fraudulent activities, particularly those involving money mules in financial systems. Money mules are individuals who transfer stolen or illegally obtained funds on behalf of others, often as part of larger schemes like money laundering or cybercrime operations. Key Features […]

Article Published : The Hindu ( 09/12/2024) Important for – GS 1 /GS 3 Gist/ Summary of the Article: Incident of Contaminated Water in Chennai: Three people died, and 34 others were hospitalized in Pallavaram, Chennai, due to suspected consumption of contaminated piped water. The contamination highlights the gap in ensuring potable water, even in […]

M Venkaiah Naidu writes: Don’t disrupt the House of debate Article Published : The Indian Express ( 09/12/2024) Important for –GS 2/GS IV/Essay Gist/ Summary of the Article: Decline in Parliamentary Standards: Recent disruptions in Parliament and state legislatures undermine democratic functioning and public trust. Instances like unruly behavior, sloganeering, and lack of decorum detract […]

Origins (Pre-2011) Syria was ruled by the Assad family since 1970, with Hafez al-Assad holding power until his death in 2000. Bashar al-Assad succeeded him and initially promised political reforms but maintained authoritarian control. Socioeconomic issues, including unemployment, poverty, and droughts, further fueled discontent. Arab Spring and Protests (2011) Inspired by the Arab Spring, protests […]

Decoupling refers to breaking the traditional link between two related factors, particularly economic growth and environmental degradation. In this context, it means achieving economic growth without a proportional increase in negative environmental impacts, such as greenhouse gas (GHG) emissions. Types of Decoupling: Relative Decoupling: Economic growth occurs at a faster rate than the increase in […]

International Drought Resilience Alliance (IDRA): About the International Drought Resilience Alliance (IDRA) : It is a global coalition launched in November 2022 during the 27th UN Climate Change Conference (COP27) to address the growing challenges of droughts worldwide. It aims to accelerate actions and build resilience against the increasing frequency and intensity of droughts, exacerbated […]

Overnight Alternative Reference Rate (ARR): What is the Overnight Alternative Reference Rate (ARR)? It is a modern benchmark interest rate used in financial markets to determine the cost of borrowing or lending in overnight transactions. It replaces older benchmarks like LIBOR (London Interbank Offered Rate) and is part of global reforms aimed at improving transparency […]

सुरक्षित ओवरनाइट रुपया दर (एसओआरआर): सुरक्षित ओवरनाइट रुपया दर (एसओआरआर) क्या है ? भारतीय रिजर्व बैंक (आरबीआई) द्वारा ब्याज दर डेरिवेटिव बाजार के लिए प्रस्तावित एक नई बेंचमार्क दर है। यह सुरक्षित मुद्रा बाजार में लेनदेन पर आधारित है, जिसमें शामिल हैं: ओवरनाइट रेपो मार्केट: ऐसे लेनदेन जहां वित्तीय संस्थान एक दिन के लिए संपार्श्विक […]