Types of Inflation Inflation is the rate at which the prices of goods and services in an economy increase over time. In other words, it means that your money can buy less than it used to. For example, if the inflation rate is 2%, it means that a $10 item you bought last year will …
Continue reading “Types of Inflation in Economics, Definition, Causes & Effects”
Context: The European Parliament, the legislative body of the 27-country block European Union, has approved the world’s first set of comprehensive rules to bring largely unregulated cryptocurrency markets under the ambit of regulation by government authorities. The regulation, called the Markets in Crypto Assets (MiCA), will come into force after formal approval by member states. …
Continue reading “Editorial of the Day: The EU’s New Crypto-Legislation”
Parliamentary Standing Committee Report on CGHS Parliamentary Standing Committee on Health and Family Welfare: Amid a growing load of new COVID-19 cases in India, the Committee has highlighted major shortcomings in the Central Government Health Scheme (CGHS), which provides comprehensive healthcare to over 34 lakh employees and pensioners in India. Major findings are: Shortage of …
Continue reading “Stats IQ: Parliamentary Standing Committee Report on CGHS”
Kerala’s Water Budget Background Kerala is a state with abundant water resources, but the increasing population and climate change have put a strain on these resources. The state government has recognized the need for better water management and has implemented a water budgeting system. The water budgeting system aims to assess the availability of water …
Continue reading “Case Study of the Day: Kerala’s Water Budget”
Context: India’s ballistic missile defense program takes a significant leap forward with its first successful flight test of the Ballistic Missile Defence (BMD) interceptor missile capable of neutralizing long-range missiles and aircraft, from the APJ Abdul Kalam Island off the Odisha coast. Why in the News? India successfully conducted the maiden flight trial of an …
Continue reading “Advancements in India’s Ballistic Missile Defence”
Context: At a conclave on connectivity and regional partnership between Northeast India, Bay of Bengal region, Bangladesh and Japan, representatives of both Bangladesh and Japan recently said that Tripura faces a huge potential of international connectivity to become a trade and commerce gateway in the region. The North East Region of India States: The Northeast …
Context: A landmark law on Panchayati Raj institutions that came into effect on April 24, 1993, marks its 30 year anniversary. Panchayati Raj Institutions The Panchayati Raj Institution (PRI) is a system of rural local self-government in India, which involves the management of local affairs by elected local bodies. It aims to build democracy at …
Special Marriage Act 1954 The Special Marriage Act 1954 is an Indian law that provides a legal framework for marriage between two individuals of any religion or faith. The act was enacted to provide a special form of marriage for those who do not wish to follow traditional religious customs or have inter-faith marriages. This …
Continue reading “Special Marriage Act 1954, Provisions, Procedure, Problems”
Current Affairs 24th April 2023 for UPSC Prelims Exam LockBit Ransomware Context: Recent reports have observed that the LockBit Ransomware is targeting Mac devices. About LockBit Ransomware: LockBit is the first major ransomware that is specifically designed to target Apple computers. It can target both older Macs and newer ones running on Apple Silicon. LockBit …
Continue reading “Current Affairs 24th April 2023 for UPSC Prelims Exam”
Devices of Parliamentary Proceedings Parliamentary devices are built on the several forms of motions that are allowed. The usage of devices during parliamentary proceedings makes sure that all parliamentarians follow the houses’ respective procedural procedures. By adopting or rejecting motions presented by ministries or private members, both houses of the Parliament can express their views …
Continue reading “Devices of Parliamentary Proceedings, Explanations, Motions & Importance”
WhatsApp
