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Source: BS Context: To further tighten its control of practising accountants, the Centre has brought within the ambit of the PMLA their “financial transactions”. What are the new rules? Chartered accountants, company secretaries, etc., will now be required to go through the Know Your Company (KYC) process before commencing work. This implies …
Continue reading “Prevention of Money Laundering Act (PMLA)”
Source: Nature Context: The US Food and Drug Administration (FDA) has approved the first-ever respiratory syncytial virus (RSV) vaccine, developed by UK-based pharmaceutical company GSK, for use in people aged 60 years and older. About respiratory syncytial virus (RSV):
Source: TH Context: South Korean President Yoon Suk Yeol visited the U.S. on April 25 to celebrate the 70th anniversary of U.S.-South Korea bilateral relations. During the visit, the two countries signed the “Washington Declaration,” which focuses on nuclear deterrence strategy. About Washington Declaration:
Source: TH Context: The Centre has taken control of security in Manipur (by allegedly invoking Article 355), deploying 12 companies of the Border Security Force (BSF) and airlifting anti-riot vehicles to the northeastern state. The move comes after at least ten people were killed by mobs, and several villages and community-specific urban localities were …
Source: BS Context: India has officially begun the operation of the Sittwe Port in Myanmar by flagging off a vessel containing 1,000 metric tonnes of cement from the Syama Prasad Mookerjee Port in Kolkata. About Kaladan Multimodal Transit Transport Project (KMTTP):
Source: TH Context: The India Meteorological Department (IMD) has announced plans to launch a composite index next year to measure the impact of heat on India’s population. About Heat Index:
Source: PIB Context: PM Modi thanked the French President for the invitation as Guest of Honour at France’s Bastille Day celebrations About Bastille Day:
Source: The Print Context: Karaikudi R Rani, also known as Karaikudi Mani, a legendary mridangam vidwan, who dominated the Carnatic music scene for half a century passed away recently. About the Mridangam: Comparison of Carnatic music and Hindustani music on the basis of instruments used:
Facts for Prelims (FFP) Source: PIB Context: The Ministry of Culture along with the International Buddhist Confederation (IBC) celebrated the auspicious day of Vaisakh Purnima. Vaishakh Buddha Purnima (also known as Vesak or Buddha Jayanti): It is the most sacred day of the year for Buddhists all over the world as it marks the …
Source: BBC KK Shailaja, the former health minister of Kerala, who gained worldwide recognition for her success in managing the Covid-19 pandemic, has released a memoir entitled “My Life As A Comrade“. Ms. Shailaja credits scientific thinking as an integral part of her decision-making process and reveals that her Ammamma (Grandmother), inspired her …
Content for Mains Enrichment (CME) Source: Niti Aayog Every day, in this section we are bringing best practices from each category. Today’s best practices will cover the ‘Science and technology’ Initiatives:
GS Paper 3 Syllabus: Environment, conservation Source: TH Context: According to the 2nd edition of the Global Land Outlook (GLO) report, humans have breached four out of nine planetary boundaries. GLO: It is a United Nations Convention to Combat Desertification’s (UNCCD) flagship publication, whose 1st edition was launched in 2017 at the …
GS Paper 2 Syllabus: Welfare Schemes for Vulnerable Sections Source: LM Context: It is challenging to achieve financial inclusion (FI) for women until they actively participate in the formal financial industry. What is FI? The process of ensuring access to financial services and timely and adequate credit where needed by vulnerable groups such …
GS Paper 2 Syllabus: Issues Relating to Poverty and Hunger Source: LM Context: There has been no official estimate of poverty in India after 2011-12. However, many private estimates are available. Poverty estimation in India: Poverty can be defined as a condition in which an individual or household lacks the financial resources to …
GS Paper 2 Syllabus: Bilateral Relations Source: PIB, GulfNews Context: The India-UAE Comprehensive Economic Partnership Agreement (CEPA) has had a significant impact on bilateral trade between the two countries since its implementation in May 2022. It is expected to increase the total value of bilateral trade in goods to over USD 100 billion and trade …
