First Set Of Guidelines For Digital Lending : RBI The Reserve Bank of India (RBI) issued the first set of guidelines for digital lending, to crack down on illegal activities by certain players. Towards addressing concerns that had sprung up, the RBI had constituted a Working Group on ‘digital lending including lending through online platforms […]
Global Employment Trends for Youth: ILO
Global Employment Trends for Youth: ILO The International Labour Organisation (ILO) has released a report titled “Global Employment Trends for Youth 2022: Investing in transforming futures for young people”. Findings Globally: Gender Disparity in EPR: Young women exhibited a much lower Employment-to-Population ratio (EPR), showing that young men are almost 1.5 times more likely than […]
Chronic Fatigue Syndrome
Chronic Fatigue Syndrome: A woman from Bengaluru has filed a petition in the Delhi High Court to stop her Noida-based friend, who has been suffering from Chronic Fatigue Syndrome since 2014, from travelling to Europe to undergo a physician-assisted euthanasia. Also known as myalgic encephalomyelitis (ME/CFS), Chronic Fatigue Syndrome, is a serious and debilitating disease […]
World Elephant Day
World Elephant Day: World Elephant Day is an international annual event on August 12, dedicated to the preservation and protection of the world’s elephants. It was conceived in 2011 by Canadian filmmakers Patricia Sims and Michael Clark of Canazwest Pictures, and Sivaporn Dardarananda, Secretary-General of the Elephant Reintroduction Foundation in Thailand. It was officially founded, […]
Primary Agricultural Cooperative Societies (PACS)
Primary Agricultural Cooperative Societies (PACS): Union Home and Cooperation Minister Amit Shah has said that the government will bring model by-laws to govern all Primary Agricultural Cooperative Societies (PACS) in the country. He said, the sick and defunct PACS should be revived or taken for liquidation. Amit Shah was addressing a national conference on rural […]
Daily Current Affairs for UPSC IAS: 13th August 2022
Today Current Affairs: 13th August 2022 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
Butterfly Mines
Butterfly Mines: The UK Ministry of Defence, in its intelligence assessment of the ongoing war in Ukraine, has and sounded an alarm on the possible use of PFM-1 series ‘Butterfly Mines’ by the Russian military in Donetsk and Kramatorsk. The PFM-1 and PFM-1S are two kinds of anti-personnel landmines that are commonly referred to as […]
National Intellectual Property Awareness Mission
National Intellectual Property Awareness Mission: National Intellectual Property Awareness Mission (NIPAM) has achieved target of imparting Intellectual Property (IP) awareness and basic training to 1 million students on 31st July 2022, ahead of the deadline which was 15 August 2022. NIPAM, a flagship program to impart IP awareness and basic training, was launched on 8 […]
Langya Henipavirus
Langya Henipavirus: Almost three years after the novel coronavirus was detected in China, a new zoonotic virus has been discovered in the country’s two eastern provinces with 35 infections identified so far. This new type of Henipavirus is also being called Langya Henipavirus or the LayV. The newly discovered virus is a “phylogenetically distinct Henipavirus”. […]
Chit Fund
Chit Fund: Rates of GST on the chit funds have been raised from the earlier 12% to 18%. This may raise the borrowing cost and benefits out of the chit fund. A chit fund is a close-ended group lending scheme. It is called ‘Chit Fund’ as a piece of paper is used for writing a […]
