Current affairs

Current Affairs 3rd June 2024 for UPSC Prelims Exam

SEBI's Proposed Framework for Mutual Funds Context: The Securities and Exchange Board of India (SEBI) released a consultation paper proposing a framework for facilitating investments by domestic Mutual Funds (MFs) in their overseas counterparts, or Unit Trusts (UTs) that invest...

Editorial of the Day (3rd June): Earliest Known Galaxy

Context: The James Webb Space Telescope (JWST) has recently identified a galaxy known as JADES-GS-z14-0, which is the oldest galaxy observed to date. About the Earliest Known Galaxy This galaxy originated approximately 290 million years after the Big Bang, which...

Evergreening of Loans, Risk and Mitigation Strategies

Context: The Reserve Bank of India (RBI) has imposed business restrictions on two Edelweiss group companies, Edelweiss Asset Reconstruction Company (EARC) and ECL Finance Ltd (ECL), due to concerns related to evergreening of loans observed during supervisory examinations. What is...

Canopy Bridges for Gibbons in Assam

Context: The Northeast Frontier Railway (NFR) has allocated funds to build canopy bridges over a railway track that splits the primary habitat of India's only ape species in eastern Assam. Canopy Bridges A canopy bridge is a type of wildlife...

Current Affairs 1st June 2024 for UPSC Prelims Exam

Heatwaves Context: Large parts of India (especially states like Delhi, Bihar, Odisha, and Gujarat) are experiencing an intense and prolonged heatwave with record-breaking temperatures which is leading to fatalities. What are the Impacts? Impact of Urbanization on Nighttime Temperatures: Research...

Editorial of the Day (1st June): Journey to 2047

Context India aims to become a developed country by 2047, aligning with the 100th anniversary of Independence. Currently, developed countries are classified by international financial organisations as having a per capita income of $13,845; this figure will be higher by...

Exit Poll 2024 Lok Sabha Result Live, Check Excepted Seats

As India concludes its marathon seven-phase Lok Sabha elections in 2024, exit polls have started to predict the potential outcome of the elections. Most exit polls forecast a decisive victory for the BJP-led National Democratic Alliance (NDA), with several suggesting...

Global Unemployment Rate Drop Slightly in 2024: ILO

Context: The International Labour Organization (ILO) has indicated that the global unemployment rate is projected to decrease marginally from 5.0% in 2023 to 4.9% this year, despite ongoing disparities in labour markets. Highlights of Global Unemployment Regional Insights United States:...

Tobacco Epidemic in India, Awareness and Control Programs

Context: Tobacco is the leading preventable cause of disease and death globally, affecting both consumers and cultivators. Tobacco's Impact in India India has the world's second-highest number of tobacco users (26 crore), and the health of 60 lakh tobacco industry...

Lok Sabha Election 2024 Updates, Phase 7 Voting

India's national election 2024 started from April 19 to June 1, 2024. With seven phases over 44 days, 543 members of the 18th Lok Sabha will be elected. Incumbent Prime Minister Narendra Modi seeks a third term. Approximately 970 million...