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#2MinReads #SnT #TermsInNews

‘StrandHogg’ Bug

It's a Software Bug in Android operating system.

This bug allows real-time malware applications to pose as genuine applications and are able to access user data of all kind. 
#TermsInNews CoVID-19

'TrueNat'
– a tuberculosis testing machine to be used for COVID-19 screening tests.
- approved by ICMR
#Economy #TermsInNews

Long Term Repo Operations

It is a tool under which the central bank provides one-year to three-year money to banks at the prevailing repo rate, accepting government securities with matching or higher tenure as the collateral
#2MinRead #CoVID-19 #TermsInNews

Contact Tracing Technology

Contact tracing is the process of identifying, assessing, and managing people, exposed to a disease to prevent onward transmission.

Technology by Google and Apple.

Working
COVID-19 patients would have to declare their status to the respective apps voluntarily.

following this, all people whose Android/iOS smartphones were detected nearby such patients, would get notified.

Bluetooth-based technology feature would make it work without downloading an app.
#2MinRead #TermsInNews #CoVID-19

Blood Plasma Therapy for COVID-19

Technically called “convalescent-plasma therapy"

It uses the immune power gained by a recovered person to treat a sick person.

Blood serum from the person who has recovered from CoVID-19, rich in antibodies, is then administered to a COVID-19 patient.

antibodies?
They are a Specific type of proteins secreted by immune cells called B lymphocytes when they encounter an invader, such as a novel coronavirus.

They identify and mark the invading virus and White blood cells gets rid of the infection.
#TermsInNews #SnT_Currents #PT2020

Geofencing

Geofence is a virtual perimeter for a real-world geographic area.

Geofencing is a location-based service in which an app or other software uses GPS, RFID, Wi-Fi or cellular data to trigger a pre-programmed action when a mobile device or RFID tag enters or exits a virtual boundary set up around a geographical location(geofence).


News - States now Requires approval of HOME SECRETARY to get information from Dept of Telecom on violations of Geofence
#2MinRead #TermsInNews #Economy_Current #PT2020

Helicopter Money

It involves printing large sums of money and distributing it to the public by the Central Bank.

American economist Milton Friedman coined this term.

Quantitative easing
It means printing money to monetise government deficits, but the govt has to pay back for the assets that the central bank buys.

In News - Authorities world over considering it for recovering from CoVID-19 triggered Economic losses.
#2MinRead #CoVID-19 #TermsInNews

Pool Testing

It refers to screening of a pooled sample from 2 or more individuals .Individual patients are screened only if the pool tests positive.
All individual samples in a negative pool are regarded as negative.

Significance
-Speeding Up tests
-Cost savings

In News- Recently ICMR has approved pool testing for a pool of 5 individuals.
#PT2020  #TermsInNews  #1MinRead 

EPIDEMIC
It is a disease that affects a large number of people within a community, population, or region.

PANDEMIC is an epidemic that’s spread over multiple countries or continents.

ENDEMIC is something that belongs to a particular people or country.

OUTBREAK
It is a greater-than-anticipated increase in the number of endemic cases. 
#PT2020   #TermsInNews #1MinRead

Zoonosis


It is an infectious disease caused by a pathogen( bacteria, viruses, parasites, etc), originated from animals (usually vertebrates).

Examples 
CoVID-19, Ebola, Swine Flu etc
#Economy_Current  #TermsInNews #PT2020 #2MinRead

Liquidity Coverage Ratio (LCR) 

It refers to the proportion of Highly Liquid Assets held by financial institutions, to ensure their ongoing ability to meet short-term obligations.

It is calculated by dividing a bank's high-quality liquid assets by its total net cash flows, over a 30-day stress period.

Objective
- Enble banks to absorb market-wide shocks.
- Preserve Financial Stability of the country.

News - RBI has lowered LCR for banks to 80% from 100%
#TermsInNews  #PT2020 #1MinRead 

Social Vaccine

It stands for social and behavioural measures used by governments to raise public consciousness about unhealthy situations.

It is done through Social Mobilization

Example - CoVID -19 pandemic - advocacy for social distancing, use of Masks etc.

It was highly successful in controlling the pandemic of HIV/AIDS.
#TermsInNews  #PT2020 

GAFA TAX
- Its named after Google, Apple, Facebook, Amazon
- It is a proposed digital tax to be levied on large technology and internet companies.

Significant Economic Presence (SEP)
- Transaction in respect of any goods, services or property carried out by a non-resident in India, including the provision of download of data or software in India.

Equalization Levy
- Finance Act, 2016 introduced it, at internet advertising providers that earn income from India, and do not have a permanent establishment for tax purposes in India.
#TermsInNews #PT2020

Milk Tea Alliance

- An informal term refers to an online democratic solidarity movement made up of netizens from Thailand, Hong Kong, and Taiwan.

- It arose in response to the increased presence of Chinese trolls and nationalist commentators on social media.
#TermsInNews #PT2020

Nanopharmaceuticals
It is defined as a pharmaceutical preparation containing nanomaterials intended for internal use or external application on a human for the purpose of therapeutics, diagnostics and health benefits.

Nanomaterial
It is defined as material having a particle size in the range of 1 to 100 nm in at least one dimension.

Nano-formulations
They are not entirely new drugs but medicines that have better quality because of the technology-led delivery mechanisms that are used to make its administration in the body more effective.