Cam Ranh Bay: Indian Naval Ship Kirpan will soon be handed over to Vietnam People’s Navy (VPN) at the strategic military port of Cam Ranh Bay. Cam Ranh Bay is a deep-water bay located in Khánh Hòa Province, Vietnam, on the South China Sea. It is approximately 20 miles (32 km) long from north to […]
Expected Credit Loss (ECL) Framework
Expected Credit Loss (ECL) Framework: Private sector lender ICICI Bank recently said the bank is ready to move to an expected credit loss (ECL) framework for provisioning. The RBI defines a loan loss provision as an expense that banks set aside for defaulted loans. Banks set aside a portion of the expected loan repayments from […]
Tiger Orchids
Tiger Orchids: Tiger Orchids (Grammatophyllum speciosum) bloom at the Jawaharlal Nehru Tropical Botanic Garden and Research Institute (JNTBGRI), Palode, Kerala. Tiger orchid is the largest orchid species in the world. It is called Tiger Orchid because of its splendid flowers which sport striking brown spots against a yellow backdrop, bringing to mind tigers. After 8-12 […]
Batagaika Crater : Affected Due To Climate Change
Batagaika Crater: Affected Due To Climate Change Stunning drone footage has revealed details of the Batagaika crater which is getting affected due to climate change. Batagaika Crater is located in Russia’s Far East that forms the world’s biggest permafrost crater. Scientists believe that the crater is the result of a melting permafrost land, which was […]
TCRM Matrix
TCRM Matrix: NITI Aayog has introduced the Techno-Commercial Readiness and Market Maturity Matrix (TCRM Matrix) framework, an innovative assessment tool aimed at transforming technology evaluation, encouraging innovation, and nurturing entrepreneurship in India. TCRM Matrix stands for Techno-Commercial Readiness and Market Maturity Matrix. It is an assessment tool designed to revolutionize technology evaluation, foster innovation, and […]
India Climate Energy Dashboard (ICED) 3.0 : NITI Aayog
India Climate Energy Dashboard (ICED) 3.0 : NITI Aayog NITI Aayog has launched the India Climate Energy Dashboard (ICED) 3.0, a comprehensive platform providing near real-time data on the energy sector, climate, and related economic datasets sourced from government publications. Developed as a user-friendly platform, ICED 3.0 enables users to freely access and analyse datasets […]
Aeolus Wind Satellite : European Space Agency’s
Aeolus Wind Satellite : European Space Agency’s The European Space Agency’s (ESA) Aeolus wind satellite, after exceeding its planned life in orbit, is making its way back to Earth. Aeolus Wind Satellite is a satellite mission launched by the European Space Agency (ESA) to study Earth’s winds and their influence on the planet’s climate and […]
Advance Authorisation Scheme : Directorate General of Foreign Trade
Advance Authorisation Scheme : Directorate General of Foreign Trade The Directorate General of Foreign Trade (DGFT) implemented the Advance Authorisation Scheme. The Scheme was implemented under the Foreign Trade Policy. It allows duty-free import of inputs for export purposes. Advance Authorisation Scheme:- Launched: 2015. (Advance Authorization Scheme (AAS)) Ministry: Ministry of Commerce and Industry. […]
Daily Current Affairs for UPSC IAS: 22nd July 2023
Today’s Current Affairs: 22ndt Jul 2023 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
Minimum Guaranteed Income Bill, 2023 : Rajasthan
Minimum Guaranteed Income Bill, 2023 : Rajasthan The Rajasthan Minimum Guaranteed Income Bill, 2023, introduced by the Rajasthan government, aims to provide additional income support to people in the state. The Bill seeks to help citizens cope with inflation and improve their financial stability. The Bill has three broad categories: right to minimum guaranteed income, […]
