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🛑Legal tender in india

●Coins :

-Coinage act 2011, coins issued by Government of India are legal tender
-Coins are "Limited Legal Tender " : Coin of any denomination not lower than one rupee
shall be legal tender for any sum not exceeding one thousand rupees
-While anyone cannot be forced to accept coins beyond the limits mentioned above

●Notes :

- RBI Act of 1934, which gives the central bank the sole right to issue bank notes,
-RBI act 1934 also states “Every bank note shall be legal tender at any place in India in payment for the amount expressed therein”

●CBDC (central bank digital currency) ?

-Under RBI act : CBDC is legal tender .
-It is the same as a fiat currency and is exchangeable one-to-one with the fiat currency.

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Agriculture Innovation Mission for Climate (AIM4C) is a joint initiative launched by UAE and USA in 2021, with aim of addressing climate change and hunger by promoting innovative and climate-smart agricultural systems

● Objectives :- Increasing investments in smart agriculture and innovative agricultural technologies, creating frameworks for knowledge sharing and technical discussions and developing platforms for stakeholders to take climate-related actions.

● Three major stakeholders in the mission :- Government partners, Innovation-sprint partners, Knowledge partners

● India recently joined AIM4C

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●Human Capital Index

- Released by World Bank

-It was launched in 2018 as part of the Human Capital Project, a global effort to accelerate progress toward a world where all children can achieve their full potential.

It measures the following criteria :-

🔹 Mortality rates of children under 5 years
🔹 Expected years of Quality-Adjusted Schooling
🔹 Health Environment as indicated by :- Rate of stunting in children under 5 years and Adult survival rates

- India has ranked 115 out of 157 countries

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Tyndall Effect

●Tyndall effect : phenomenon of scattering of light due to colloidal solution » making its path visible is termed as Tyndall effect.

●When beam of light is passed through colloidal solution, » the beam of light is scattered » in such a way that its path or trajectory becomes visible.

●Intensity of effect depends on : density of colloidal particles as well as frequency of incident light.

●Blue light scattered to a greater extent than red light( as wavelength of blue light is smaller than that of red light.)

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🔥Standing Crop

-is the total dried biomass of the living organisms present in a given ecosystem at a particular time.
- It represents the entire living matter in a specific population at a particular time.

🔥Standing State

-can be defined as the amount of inorganic nutrients found in an ecosystem.
- It represents the part of non-living matter.

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First Movers Coalition

Why in news : recently India joined First Movers Coalition (with goal to decarbonise carbon-heavy sectors )

First Movers Coalition :

●Launched at UNFCCC COP26 Glasgow

●Led by : World Economic Forum and US government

●Flagship public-private partnership to clean up most carbon-intensive sectors.

●Commitment : purchasing part of industrial materials from suppliers using near-zero / zero-carbon solutions

●Target : Decarbonise heavy industry and long-distance transport sectors (it is responsible for 30 % of global emissions.)

🛑Greenwashing

Greenwashing refers to the practice of making misleading or exaggerated claims about the environmental benefits of a product, service, or business practice, in order to appeal to environmentally conscious consumers.

Greenwashing can involve the use of vague or undefined terms such as "natural," "eco-friendly," or "sustainable" without any concrete evidence or certification to back up these claims.

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●Koronivia Joint Work on Agriculture (KJWA)

-Established in 2017.

- is programme under UNFCCC which recognises the unique potential of agriculture in tackling climate change.

- It aims to develop ways on topics related to soils, nutrient use, water, livestock, methods for assessing adaptation, and the socio-economic and food security dimensions of climate change across the agricultural sectors.

- The KJWA is named after the village of Koronivia in Fiji, where the decision to establish the platform was made.

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