Agricultural Marketing & Farm Friendly Reforms Index
● This Index was released by the NITI Aayog.
● The index ranks states based on the degree of reforms they have undertaken in the agricultural marketing sector.
● The index carries a score with a minimum value “0” implying no reforms and maximum value “100” implying complete reforms in the selected areas.
● This Index was released by the NITI Aayog.
● The index ranks states based on the degree of reforms they have undertaken in the agricultural marketing sector.
● The index carries a score with a minimum value “0” implying no reforms and maximum value “100” implying complete reforms in the selected areas.
Banking Committee
- Narasimhan Committee- Banking Sector reforms
- YM Deosthalee Committee- Public Credit Registry
- Injeti Srinivas Committee- Corporate Social responsibility
#economy
- Narasimhan Committee- Banking Sector reforms
- YM Deosthalee Committee- Public Credit Registry
- Injeti Srinivas Committee- Corporate Social responsibility
#economy
Vulture fund
A vulture fund is an investment fund that seeks out and buys securities in distressed investments, such as high-yield bonds in or near default, or equities that are in or near bankruptcy.
The goal is to 'swoop in' and pick up underpriced shares that are perceived to have been oversold to make high-risk but potentially high-reward bets.
A vulture fund is an investment fund that seeks out and buys securities in distressed investments, such as high-yield bonds in or near default, or equities that are in or near bankruptcy.
The goal is to 'swoop in' and pick up underpriced shares that are perceived to have been oversold to make high-risk but potentially high-reward bets.
🔺Merchant Discount Rate
-alternatively referred to as the Transaction Discount Rate or TDR is the sum total of all the charges and taxes that a digital payment entails.
-MDR includes bank charges, which a bank charges customers and merchants for allowing payments to be made digitally.
-MDR also includes the processing charges that a payments aggregator has to pay to online or mobile wallets or indeed to banks for their service
-alternatively referred to as the Transaction Discount Rate or TDR is the sum total of all the charges and taxes that a digital payment entails.
-MDR includes bank charges, which a bank charges customers and merchants for allowing payments to be made digitally.
-MDR also includes the processing charges that a payments aggregator has to pay to online or mobile wallets or indeed to banks for their service
7)Liquidity Trap
A liquidity trap is when monetary policy becomes ineffective due to very low interest rates combined with consumers who prefer to save rather than invest in higher-yielding bonds or other investments.
While a liquidity trap is a function of economic conditions, it is also psychological since consumers are making a choice to hoard cash instead of choosing higher-paying investments because of a negative economic view.
8)Gross Fixed Capital Formation
Gross fixed capital formation (GFCF) refers to the net increase in physical assets (investment minus disposals). It does not account for the consumption (depreciation) of fixed capital.
9)Middle Income Trap
It refers to countries that have experienced rapid growth and thus quickly reached middle-income status but then failed to overcome that income range to further catch up to the developed countries and achieve high-income status.
#Daily_Terms Click for 1-6
A liquidity trap is when monetary policy becomes ineffective due to very low interest rates combined with consumers who prefer to save rather than invest in higher-yielding bonds or other investments.
While a liquidity trap is a function of economic conditions, it is also psychological since consumers are making a choice to hoard cash instead of choosing higher-paying investments because of a negative economic view.
8)Gross Fixed Capital Formation
Gross fixed capital formation (GFCF) refers to the net increase in physical assets (investment minus disposals). It does not account for the consumption (depreciation) of fixed capital.
9)Middle Income Trap
It refers to countries that have experienced rapid growth and thus quickly reached middle-income status but then failed to overcome that income range to further catch up to the developed countries and achieve high-income status.
#Daily_Terms Click for 1-6
Science and Engineering Board(SERB):
● SERB is a statutory body under the Department of Science and Technology, Ministry of Science and Technology established by an Act of the Parliament of India in 2009.
● It aims to promote basic research in science and engineering and to provide financial assistance to scientists, academic institutions, Research and Development laboratories, industrial concerns and other agencies for such research.
● It is chaired by the Secretary to the Government of India in the Department of Science and Technology and has other senior government officials and eminent scientists as members.
Accelerate Vigyan(AV) Scheme
● Launched by: Science and Engineering Board(SERB)
● Aim: To give more thrust on encouraging high-end scientific research and preparing scientific manpower which can lead to research careers and knowledge-based economy.
SERB-POWER (Promoting Opportunities for Women in Exploratory Research):
● Launched by: Science and Engineering Board(SERB)
● Aim: To encourage emerging as well as eminent women researchers to undertake R&D activities in frontier areas of science and engineering.
● SERB is a statutory body under the Department of Science and Technology, Ministry of Science and Technology established by an Act of the Parliament of India in 2009.
● It aims to promote basic research in science and engineering and to provide financial assistance to scientists, academic institutions, Research and Development laboratories, industrial concerns and other agencies for such research.
● It is chaired by the Secretary to the Government of India in the Department of Science and Technology and has other senior government officials and eminent scientists as members.
Accelerate Vigyan(AV) Scheme
● Launched by: Science and Engineering Board(SERB)
● Aim: To give more thrust on encouraging high-end scientific research and preparing scientific manpower which can lead to research careers and knowledge-based economy.
SERB-POWER (Promoting Opportunities for Women in Exploratory Research):
● Launched by: Science and Engineering Board(SERB)
● Aim: To encourage emerging as well as eminent women researchers to undertake R&D activities in frontier areas of science and engineering.
World Happiness Report:
● Released by: United Nations Sustainable Development Solutions Network(SSDN).
● The report ranks countries by how happy their citizens perceive themselves to be.
● Indicators: The index uses the Gallup World Poll that asked people to vote on three indicators: Life Evaluations, Positive Emotions and Negative Emotions.
● Ranking: Finland has topped the index. India has been ranked 139 out of 149 countries in the index.
● Released by: United Nations Sustainable Development Solutions Network(SSDN).
● The report ranks countries by how happy their citizens perceive themselves to be.
● Indicators: The index uses the Gallup World Poll that asked people to vote on three indicators: Life Evaluations, Positive Emotions and Negative Emotions.
● Ranking: Finland has topped the index. India has been ranked 139 out of 149 countries in the index.
Istanbul Convention:
● Istanbul Convention is also called as the Council of Europe Convention on preventing and combating violence against women and domestic violence.
● The convention was adopted by the Council of Europe Committee of Ministers in 2011.It came into force in 2014.
● Purpose: The convention sets minimum standards for governments to meet when tackling violence against women.When a government ratifies the Convention, they are legally bound to follow it.
Why in News? Turkey has withdrawn from the Istanbul Convention to combat violence against women.
● Istanbul Convention is also called as the Council of Europe Convention on preventing and combating violence against women and domestic violence.
● The convention was adopted by the Council of Europe Committee of Ministers in 2011.It came into force in 2014.
● Purpose: The convention sets minimum standards for governments to meet when tackling violence against women.When a government ratifies the Convention, they are legally bound to follow it.
Why in News? Turkey has withdrawn from the Istanbul Convention to combat violence against women.
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Mains Qualified -With Names
Whitsun Reef
● Whitsun Reef is a boomerang-shaped, shallow coral region.It is also called as Julian Felipe by the Philippines.
● It is situated at the northeast extreme limit of the Union Banks in the Spratly Islands of the South China Sea.
● It is located about 175 nautical miles (324km) west of Bataraza town in the western Philippine province of Palawan.
● It is well within the Philippines exclusive economic zone over which it enjoys the exclusive right to exploit or conserve any resources.
Why in News? The Philippines has accused China of incursion after more than 200 military boats were spotted near a Whitsun reef in the South China Sea.
● Whitsun Reef is a boomerang-shaped, shallow coral region.It is also called as Julian Felipe by the Philippines.
● It is situated at the northeast extreme limit of the Union Banks in the Spratly Islands of the South China Sea.
● It is located about 175 nautical miles (324km) west of Bataraza town in the western Philippine province of Palawan.
● It is well within the Philippines exclusive economic zone over which it enjoys the exclusive right to exploit or conserve any resources.
Why in News? The Philippines has accused China of incursion after more than 200 military boats were spotted near a Whitsun reef in the South China Sea.
Sectors where Foreign Direct Investment(FDI) is prohibited:
● Lottery Business including Government/private lottery, online lotteries, etc.
● Gambling and Betting including casinos etc.
● Chit funds
● Nidhi company
● Trading in Transferable Development Rights (TDRs)
● Manufacturing of cigars, cheroots, cigarettes, tobacco, or of tobacco substitutes
● Activities/sectors not open to private sector investment e.g.(I) Atomic Energy and (II) Railway operations (other than permitted activities).
● Real Estate Business or Construction of Farm Houses.
● Lottery Business including Government/private lottery, online lotteries, etc.
● Gambling and Betting including casinos etc.
● Chit funds
● Nidhi company
● Trading in Transferable Development Rights (TDRs)
● Manufacturing of cigars, cheroots, cigarettes, tobacco, or of tobacco substitutes
● Activities/sectors not open to private sector investment e.g.(I) Atomic Energy and (II) Railway operations (other than permitted activities).
● Real Estate Business or Construction of Farm Houses.
Capital Adequacy Norms applicable for?
Anonymous Quiz
31%
Commercial Banks
8%
NBFC
6%
Cooperative Banks
55%
All of the Above
Galathea National Park:
● Galathea is a National Park located in the Union Territory of Andaman and Nicobar Islands.It is located on the island of Great Nicobar in the Nicobar Islands.
● Galathea forms part of what has been designated as the Great Nicobar Biosphere Reserve which also includes the larger Campbell Bay National Park.
● Flora: Tropical and subtropical moist broadleaf forests.
● Fauna: Notable animal species giant robber crab, Megapode and Nicobar pigeon
● Galathea is a National Park located in the Union Territory of Andaman and Nicobar Islands.It is located on the island of Great Nicobar in the Nicobar Islands.
● Galathea forms part of what has been designated as the Great Nicobar Biosphere Reserve which also includes the larger Campbell Bay National Park.
● Flora: Tropical and subtropical moist broadleaf forests.
● Fauna: Notable animal species giant robber crab, Megapode and Nicobar pigeon
Special Safeguard Mechanism (SSM)
-is a protectionist tool under WTO that will allow developing countries to increase tariffs temporarily to suppress import surges or price falls. It is especially used for agricultural imports that cause damages to the country’s farmers.
-The major proponents of the SSM are the G33 bloc of developing nations. SSM is an area of conflict in the WTO with some parties claiming that SSM could be used repeatedly which will distort trade. The SSM is allowed only for developing countries. It was a result of the Doha Ministerial Conference.
special products (SP)
• In Doha Round agriculture: products for which developing countries are to be given extra flexibility in market access for food and livelihood security and rural development.
-is a protectionist tool under WTO that will allow developing countries to increase tariffs temporarily to suppress import surges or price falls. It is especially used for agricultural imports that cause damages to the country’s farmers.
-The major proponents of the SSM are the G33 bloc of developing nations. SSM is an area of conflict in the WTO with some parties claiming that SSM could be used repeatedly which will distort trade. The SSM is allowed only for developing countries. It was a result of the Doha Ministerial Conference.
special products (SP)
• In Doha Round agriculture: products for which developing countries are to be given extra flexibility in market access for food and livelihood security and rural development.
Earth Observation Satellite
-is a satellite used or designed for Earth observation (EO) from orbit, including spy satellites and similar ones intended for non-military uses such as environmental monitoring, meteorology, cartography, and others.
-is a satellite used or designed for Earth observation (EO) from orbit, including spy satellites and similar ones intended for non-military uses such as environmental monitoring, meteorology, cartography, and others.
Time Use Survey (TUS)
-by National Sample Survey Office (NSSO)
-National Statistical Office (NSO), Ministry of Statistics and Programme Implementation released India's first Time Use Survey for the period January to December 2019.
-Objective of TUS is to measure participation of men, women and other groups of persons in paid and unpaid activities.
-by National Sample Survey Office (NSSO)
-National Statistical Office (NSO), Ministry of Statistics and Programme Implementation released India's first Time Use Survey for the period January to December 2019.
-Objective of TUS is to measure participation of men, women and other groups of persons in paid and unpaid activities.
India’s First InterState Tiger Relocation Project:
● The first Inter-State Tiger Relocation Project was launched in 2018 by the National Tiger Conservation Authority(NTCA).
● Under the Project, two tigers, a male (Mahavir) from Kanha Tiger Reserve and a female (Sundari) from Bandhavgarh from Madhya Pradesh(MP) were relocated to Satkosia Tiger Reserve in Odisha.
Satkosia Tiger Reserve:
● Satkosia Tiger Reserve comprises two adjoining sanctuaries of central Odisha named as Satkosia Gorge Sanctuary and Baisipalli Sanctuary.
● The reserve lies in a transitional zone extending between the Chhota Nagpur Plateau and the Deccan Plateau.
● Satkosia was declared as a Tiger Reserve in 2007.It had a population of 12 tigers then.However, the numbers reduced to two in 2018.
Why in News? The first inter-state tiger relocation project has been suspended after tigress Sundari had to be returned from Odisha to Madhya Pradesh.
● The first Inter-State Tiger Relocation Project was launched in 2018 by the National Tiger Conservation Authority(NTCA).
● Under the Project, two tigers, a male (Mahavir) from Kanha Tiger Reserve and a female (Sundari) from Bandhavgarh from Madhya Pradesh(MP) were relocated to Satkosia Tiger Reserve in Odisha.
Satkosia Tiger Reserve:
● Satkosia Tiger Reserve comprises two adjoining sanctuaries of central Odisha named as Satkosia Gorge Sanctuary and Baisipalli Sanctuary.
● The reserve lies in a transitional zone extending between the Chhota Nagpur Plateau and the Deccan Plateau.
● Satkosia was declared as a Tiger Reserve in 2007.It had a population of 12 tigers then.However, the numbers reduced to two in 2018.
Why in News? The first inter-state tiger relocation project has been suspended after tigress Sundari had to be returned from Odisha to Madhya Pradesh.
United Nations Forum on Forests:
● It was established in 2000 by the Economic and Social Council of the United Nations (ECOSOC).
● Objective: To promote the management, conservation and sustainable development of all types of forests and to strengthen long-term political commitment to this end.
● Membership: The Forum has universal membership, and is composed of all Member States of the United Nations and specialized agencies.
● Headquarters: New York, United States.
● It was established in 2000 by the Economic and Social Council of the United Nations (ECOSOC).
● Objective: To promote the management, conservation and sustainable development of all types of forests and to strengthen long-term political commitment to this end.
● Membership: The Forum has universal membership, and is composed of all Member States of the United Nations and specialized agencies.
● Headquarters: New York, United States.
Tirthan Wildlife Sanctuary ? state - in news - Do Remember - Parishram Test Series Starts
Anonymous Quiz
46%
Uttarakhand
19%
Andra Pradesh
12%
Kerala
23%
Himachal Pradesh