Special Rupee Vostro Account: The Indian government has simplified the payment mechanism for traders importing pulses from Myanmar by implementing the Rupee/Kyat direct payment system through the Special Rupee Vostro Account (SRVA) via Punjab National Bank. This move aims to streamline trade transactions and enhance efficiency. India heavily relies on imports of pulses, including tur […]
Lata Deenanath Mangeshkar Award 2024
Lata Deenanath Mangeshkar Award 2024: Amitabh Bachchan will be honoured with the Lata Deenanath Mangeshkar award on April 24, 2024. Lata Mangeshkar family instituted the award in memory of the late legendary singer Lata Mangeshkar, who passed away on February 6, 2022. The Lata Deenanath Mangeshkar award, also known as the Lata Deenanath Mangeshkar […]
Daily Current Affairs for UPSC IAS: 17th April 2024
Today’s Current Affairs: 17th April 2024 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
Kerogen : Hydrocarbon
Kerogen : Hydrocarbon The primary source of hydrocarbons in the rocky underground is called kerogen: lumps of organic matter. Kerogen is the portion of naturally occurring organic matter that is non-extractable using organic solvents i.e. it is insoluble in solvents. It represents about 90% of the organic carbon in sediments. It occurs in source rock […]
Lake Kariba: Water levels Dropped
Lake Kariba: Water levels Dropped Water levels at Lake Kariba in Zimbabwe have dropped dramatically because of the latest El Nino drought. Lake Kariba is the world’s largest man-made lake and reservoir by volume. It lies along the border between Zambia and Zimbabwe. It is 200 kilometers downstream of Victoria Falls. The lake was filled […]
Volcanic Vortex Rings
Volcanic Vortex Rings: Mount Etna, the largest volcano in Europe, and among the world’s most active volcanoes, has been sending up almost perfect rings of smoke into the air, which is a rare phenomenon that scientists refer to as volcanic vortex rings. Vortex rings are generated when gas, predominantly water vapour, is released rapidly through […]
The 23rd Session Of The UN Permanent Forum On Indigenous Issues
The 23rd Session Of The UN Permanent Forum On Indigenous Issues: The 23rd session of the UN Permanent Forum on Indigenous Issues recently commenced in New York, United States. UN Permanent Forum on Indigenous Issues (UNPFII) was created in 2000 as an advisory body to the United Nations Economic and Social Council (ECOSOC) with a […]
Worst Deposit Crunch In 20 Years
Worst Deposit Crunch In 20 Years: A recently released report revealed that despite robust credit growth, Indian banks faced difficulty in garnering deposits in 2023-24, resulting in the highest credit-deposit ratio in at least two decades. Indian banks are grappling with a severe deposit cash crunch that has not been witnessed in the past two […]
Exercise DUSTLIK 2024
Exercise DUSTLIK: The Indian Army contingent departed for the 5th edition of India-Uzbekistan joint military Exercise DUSTLIK, scheduled from 15th to 28th April 2024 in Termez, Uzbekistan. Exercise DUSTLIK is a yearly event alternately conducted in India and Uzbekistan. The exercise aims to foster military cooperation, enhance combined capabilities, focus on joint operations in mountainous […]
Special Rupee Vostro Account (SRVA)
Special Rupee Vostro Account (SRVA): The Indian government has simplified the payment mechanism for traders importing pulses from Myanmar by implementing the Rupee/Kyat direct payment system through the Special Rupee Vostro Account (SRVA) via Punjab National Bank. SRVA is an account that domestic banks hold for foreign banks in the former’s domestic currency, the rupee, […]
