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Why in News? A deputy governor of the Reserve Bank of India (RBI) recently emphasized the advantages and risks of the internationalization of the rupee. What is the Internationalisation of the Rupee? ● Internationalization of the rupee is a process that involves increasing the use of the local currency in cross-border transactions. ● It …
Read MoreWhy in News? Kerala Governor recently criticized the State government for relying heavily on liquor and lottery to generate revenue. Should the government sell sin goods? No! ● The role of the state is to provide public goods: The consumption of sin goods is instead linked with ‘public bad’. ● Negative effects of sin goods: …
Read MoreWhy in News? India plans to expand its regional satellite navigation system NaVIC in a bid to increase its use in the civilian sector and also by ships and aircraft traveling far from the country’s borders. What is NavIC? 1. It is an Indian Regional Navigation Satellite System or IRNSS. 2. It was developed in …
Read MoreWhy in News? Bangladesh has been devastated by Cyclone Strang, which slammed into densely-populated, low-lying areas. ● Named by Thailand, Sitrang is the first tropical cyclone of the post-monsoon season of 2022. ● In 2018, Titli was the last October cyclone in the Bay of Bengal. What are the Tropical Cyclones? ● A tropical cyclone …
Read MoreWhy in News? The AQI on Diwali day this year is the cleanest that the city has seen since 2019. Comparison of pollution level post Diwali in 2021 (left) and 2022 (right); both photos are taken at the Signature Bridge. This year, the day after Diwali has seen the cleanest air in Delhi since …
Read MoreWhy in News? Recently, the World has celebrated the 77th anniversary of the United Nations(UN) on 24th October 2022. What is the UN? About: The United Nations (UN) is an international organization founded in 1945. It is currently made up of 193 Member States. Its mission and work are guided by the purposes and principles …
Read MoreWhy in News? Recently, The Ministry of Home Affairs has cancelled the Foreign Contribution (Regulation) Act (FCRA) licence of the Rajiv Gandhi Foundation (RGF) and Rajiv Gandhi Charitable Trust (RGCT) for alleged violations of the provisions of the Act. The NGOs came under the scanner in July 2020 over the possible violations of the Prevention …
Read MoreWhy in News? The boundary dispute that led to the 1962 war with China remains unresolved. REASONS FOR THE WAR: Historical legacy: The border between India and China remain disputed from pre-independent India In the eastern sector, the McMahon Line had been drawn in 1914 without even a survey and taking China into confidence. Aksai …
Read MoreWhy in News? Recently, the federal government has decided to merge two of its flagship beneficiary identification schemes to finish an asset-based classification of the poor for focused social and financial advantages supply. The Socio-Economic Caste Census (SECC) can be rolled into the Social Registry being collectively developed by the Ministry of Electronics and Information …
Read MoreWhy in News? The 11th volume of the Report of the Official Language Committee submitted to the President of India, has triggered angry reactions from some of the Southern states (they view the report as an attempt to impose Hindi on them). What are the Recommendations of the Panel? Hindi should be the medium of …
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