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Corporate Debt Market Development Fund

● Recently, the Securities and Exchange Board of India (SEBI) has introduced the ‘Corporate Debt Market Development Fund’ to prevent financial crisis.

About :

● The ‘Corporate Debt Market Development Fund (CDMDF) is a backstop facility for specified debt funds during market dislocations.

● The fund is intended to provide liquidity support in the event of a financial crisis.

● The proposed CDMDF will have an initial corpus of Rs 3,000 crore contributed by mutual funds.

● The government has approved a 10-time leverage of the fund (Additional corpus), thus CDMDF may raise funds up to Rs 30,000 crore.

● Contributions to the fund can be done by the specified debt-oriented mutual fund schemes and asset management companies of mutual funds.

● This fund is guaranteed by the National Credit Guarantee Trust Company (NCGTC) and the backstop facility will be managed by SBI Mutual Fund.

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ARTHASHASTRA Economy BATCH 3

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Countries sharing border with different Sea :

1. Caspian Sea : TARIK ( TURKMENISTAN , AZERBAIJAN, RUSSIA, IRAN ,KAZAKHSTAN) .

2. Black Sea : GURR BuT ( GEORGIA, UKRAINE,RUSSIA , ROMANIA , BULGARIA , TURKEY)

3. RED SEA : DESSEY .( DJIBOUTI ,ERITTREA , SAUDI ARABIA,SUDAN, EGYPT, YEMEN )

4. ARAL SEA : UK ( UZBEKISTAN AND KAZAKHSTAN)

5. SEA OF AZOV : UR ( UKRAIN AND RUSSIA)

6. BALTIC SEA : RuDe Germany SELL Poland and Finland. (RUSSIA , DENMARK , GERMANY , SWEDEN, ESTONIA , LATVIA , LITHUANIA , POLAND AND FINLAND )

7)Aral Sea : Kazakhstan ,Uzbekistan

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🪙Complete Mapping in One Shot for Prelims 2023

🎯Marathon Session - https://youtu.be/VvHc70_6Scc

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#Coming Soon Marathon Session

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🔴Catalytic Converter

-A catalytic converter is a device installed in the exhaust system of a vehicle to reduce the emission of harmful pollutants.

-The most common pollutants that catalytic converters help reduce are carbon monoxide, nitrogen oxides, and hydrocarbons.

-The catalytic converter works by using a catalyst, typically made of platinum, palladium, or rhodium, to convert harmful pollutants into less harmful substances, such as carbon dioxide, water, and nitrogen.

-With the introduction of Bharat Stage 6 (BS6) emission norms in India, it has become mandatory for all vehicles to be fitted with catalytic converters.

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Probiotics
- Are live microorganisms (bacteria and yeasts) that are intended to have health benefits when consumed or applied to the body.
- They can be found in yogurt and other fermented foods, dietary supplements, and beauty products.

Prebiotics
-are specialised plant fibers. They act like fertilizers that stimulate the growth of healthy bacteria in the gut.
- Prebiotics are found in many fruits and vegetables, especially those that contain complex carbohydrates, such as fiber and resistant starch.

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Congratulations Antariksh!!!!

- 12 Hrs Marathon Helped in Prelims

-Sankalp Program Helped in both Mains

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12 hrs Marathon Coming soon

Global Methane Assessment: 2030 Baseline Report

● Released by Climate and Clean Air Coalition (CCAC) and UNEP
● Report examines baseline projections of methane emissions over the coming decade and implications for the Global Methane Pledge (GMP) target.
● The report's key findings highlight that the amount of methane in the atmosphere is 260% of pre-industrial levels, with human-driven methane emissions responsible for nearly 45% of current net warming.
● The report also notes that 2021 saw the largest annual increase recorded.

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GMO V/S Transgenic Plants

-GMO (Genetically Modified Organisms) and transgenic plants are often used interchangeably, but they actually refer to slightly different things.

🔺GMO
-GMOs refer to any organism whose genetic material has been altered using genetic engineering techniques. This can include plants, animals, and microorganisms.

🔺Transgenic Plants
-Transgenic plants, on the other hand, specifically refer to plants that have had genes from another species introduced into their DNA using genetic engineering techniques.

Crux
-In essence, all transgenic plants are GMOs, but not all GMOs are transgenic plants.

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Lunar Polar Exploration (LUPEX) Mission

● LUPEX is a robotic lunar mission by ISRO and Japan Aerospace Exploration Agency (JAXA).
● The mission aims to send lunar rover and lander to explore the South Pole region of the Moon in 2024.
● Objective :- It will demonstrate new surface exploration technologies related to vehicular transport and test lunar night survival capabilities for sustainable lunar exploration in the region.
● Contribution :- JAXA is likely to provide the H3 launch vehicle and the rover. While ISRO would be responsible for the lander for this mission.

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All India Tiger Estimation - 2022

● Report on 9th April at an event in Mysuru to mark 50 years of the country's Project Tiger campaign as well as launch of International Big Cat Alliance.

● India is now home to 3,167 tigers, 200 more than it had four years ago (2967 in 2018, 2,226 in 2014), according to estimates from the latest tiger census.

● India is estimated to have more than 70% of the world's tigers.

According to the 2022 report,

● Highest increase in tiger population has been observed in the Shivalik- Gangetic landscape in the north

● Second highest increase is in Central India, where tigers have entered new areas in the states of Madhya Pradesh and Maharashtra.

● Western Ghats Area showed a decline in tiger population.

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