Archives: Current Affair

At 16th annual conference of UNESCO Creative Cities Network, Mayor Beena Philip and Corporation Secretary K.U. Bini represent city Kozhikode became part of the UNESCO Creative Cities Network (UCCN) as the city was awarded the title of ‘City of Literature’ at the 16th annual conference of the network that began at Braga in Portugal on […]

Why in News? It is an economic model of production and consumption, which involves sharing, leasing, reusing, repairing, refurbishing and recycling existing materials and products for as long as possible. This in turn extends the life cycle of the product. Circular economy is an economic system that is based on expanding the life cycle of […]

Why in News?  The 16th finance commission  has started looking at the roles & functioning of FC during its tenure. Agenda for the 16th Finance Commission: Cities as Engines of Growth: Cities contribute around 66% of India’s GDP and about 90% of total government revenues. Urban areas are crucial spatial zones for national development, requiring […]

The Project Cheetah authorities have reached an in-principle decision to shift surplus cheetahs from Kuno national park to Gandhi Sagar wildlife sanctuary after the monsoon. At present, Kuno has 26 cheetahs, including 13 cubs and sub-adults. The Gandhi Sagar Wildlife Sanctuary is a beautiful wildlife sanctuary located on the northern boundary of Mandsaur and Nimach districts in Madhya […]

The Bank for International Settlements (BIS) is an international financial institution that serves as a bank for central banks and promotes global monetary and financial stability. Establishment: The BIS was established in 1930 and is headquartered in Basel, Switzerland. It is one of the oldest international financial organizations. Functions and Roles: Central Bank Cooperation: The […]

Deep brain stimulation (DBS) is a medical treatment involving the implantation of a device that sends electrical impulses to specific parts of the brain. This technique is primarily used to treat neurological conditions, particularly those that are resistant to medication. Uses of Deep Brain Stimulation Parkinson’s Disease: DBS is commonly used to reduce motor symptoms […]

Why in News ? The Reserve Bank of India (RBI), along with the Bank for International Settlements (BIS) and central banks of four ASEAN countries, is collaborating on Project Nexus, a multilateral initiative aimed at enabling efficient, faster, and cost-effective retail cross-border payments.  About it : Nexus is a BIS Innovation Hub project that seeks […]

Why in News? Mainland Serow species was recently seen in Raimona National Park . About it : The mainland serow (Capricornis sumatraensis), also known as the common serow, is a species of goat-antelope found in various mountainous regions of South and Southeast Asia. The Mainland Serow population is widely distributed in the neighboring Phibsoo Wildlife […]

Why in News?  The Artificial Intelligence Preparedness Index (AIPI) for 2024, released by the International Monetary Fund (IMF), evaluates the readiness of 174 countries to adopt and integrate artificial intelligence (AI). The index assesses countries based on several criteria, including digital infrastructure, human capital, labor policies, innovation, integration, and regulation​ . The Index has categorised […]

Why in News? West Bengal Governor CV Ananda Bose has recently filed a defamation case against Chief Minister Mamata Bannerji. Defamation law in India protects individuals and their reputations from false and damaging statements. Defamation occurs when a statement (written, spoken, or visual) about someone is communicated to a third party, harms their reputation, and […]