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Introduction: Financial markets consists of 2 major segments. They are: Money market:- Short term funds Capital market:- Long term & medium term funds Body: Conclusion: The capital markets lend treasury bills, commercial bills, commercial paper, certificate of deposit etc for long term investments. Maintaining the market equillibrium is the major function of the money markets. …
Read MoreIntroduction: The Juvenile Justice Amendment bill, 2021 has been passed by the parliament to strengthen the protection of Children. The act is in line with the Hague convention 1993 along with other major conventions such as UN convention on child rights, UN rules for Juvenile justice administration. Body: Key features: This Act is called the …
Read MoreIntroduction: Ocean acidification is the phenomenon of drop in the PH levels of oceans. Absorption of Carbon-di-oxide is the major cause for this phenomenon. Burning of fuels will directly impact this. There is an approximate increase of 30% in the levels of Carbon-di-oxide during last century. Source: SolarSchools.net Body: Effects: Increases bicarbonate ions and carbonic …
Read MoreIntroduction: The central government had announced stimulus package to various sectors which were greatly affected by the Covid-19 pandemic. The package also included the Micro, Small, Medium Enterprises sector. A parliamentary house panel was setup to review the current situation. The report states that the packages which are announced are inadequate. Body: Issues related to …
Read MoreIntroduction: The concept of public interest litigation originated in the USA to provide the legal representation to the people who were earlier kept out of it. In India, the introduction of PIL can be credited to Justice V R Krishna Iyer and Justice P N Bhagavati. It is also known as, Social Action Litigation or …
Read MoreIntroduction: MyGov is a citizen engagement platform launched in 2014.Its objective is to provide a platform for the citizens to engage in policy making. It is a part of Digital India corporation. The public welfare is the central idea behind this project. The application of information and communication technology into this is termed as E-governance. …
Read MoreIntroduction: Rainfall is a major climatic factor. The 3 major types of rainfall are: Body: 1) Convectional rain: Key features: Heavy rain Short duration Occurs during Summer Minimum amount of cloud Formation: Air gets heated up, rises, It expands followed by condensation forming the clouds. 2) Orographic rain: Key features: Rain-shadow effect Also known …
Read MoreIntroduction: Startup India is a flagship program of the Central government. It was announced in the year, 2015. Providing an ecosystem where new ideas will be converted into businesses is the core objective of the initiative. Body: Areas of Focus: Key features: Freedom from inspection for first 3 years No capital gain tax for first …
Read MoreIntroduction: British introduced the western education in India in the latter part of the 18th century. The missionaries spread the western education. Some of the Indian reformers also believed that to keep up with the world it was necessary to acuqire western education. Body: Major events 1781- Establishment of Calcutta Madrassa by Warren Hastings 1791- …
Read MoreIntroduction: India is looking towards a more sustainable and competitive economy. To achieve this India is allowing private players in the fields which were earlier restricted to only government. India is looking towards the more efficient Public-Private Partnership models rather than completely privatizing the sectors. Indian railways is also in this direction allowing private companies …
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