Narcotic Drugs And Psychotropic Substances Act, 1985: The government is considering transferring the administration of the Narcotic Drugs and Psychotropic Substances Act, 1985 (NDPS Act) and Prevention of Illicit Traffic in Narcotic Drugs and Psychotropic Substances (PITNDPS) Act, 1988 from the finance ministry to Ministry of Home Affairs to bring all issues related to narcotics […]
Category: Current Affairs
Open Network For Digital Commerce
Open Network For Digital Commerce: The government has launched the pilot phase of Open Network for Digital Commerce (ONDC) with an aim to “democratise” the country’s fast growing digital e-commerce space that is currently dominated by the two U.S.-headquartered firms — Amazon and Walmart. ONDC is a freely accessible government-backed platform that aims to democratise […]
National Air Quality Resource Framework Of India
National Air Quality Resource Framework Of India: Principal Scientific Adviser to the Government inaugurated the National Mission on “National Air Quality Resource Framework of India (NARFI)”. NARFI has been developed by the National Institute of Advanced Studies (NIAS), Bengaluru. The NARFI is an information mechanism to help decision-makers in government, municipalities, start-ups and in the […]
Draft Guidelines To Regulate Child Participation In The Entertainment Industry
Draft Guidelines To Regulate Child Participation In The Entertainment Industry: The National Commission for the Protection of Child Rights (NCPCR) has published draft Guidelines to Regulate Child Protection within the Entertainment Industry. The “Guidelines to Regulate Child Participation in the Entertainment Industry” were issued by the Commission in 2011. The new draft increases the scope […]
Participatory Notes Dropped To Rs 86,706 Crore Till May-End, 2022
Participatory Notes Dropped To Rs 86,706 Crore Till May-End, 2022: Investment in the Indian capital markets through Participatory notes (P-notes) dropped to Rs 86,706 crore till May-end, 2022. However, according to experts, foreign investors will reverse their selling stance and return to the country’s equities in the coming 1-2 quarters. In line with a decline […]
Snake Island
Snake Island: Ukraine has caused significant losses to the Russian military in airstrikes on Zmiinyi Island, also known as Snake Island, in the Black Sea. The hit on the island is believed to be the second major military success using missiles given to Ukraine by the West. Snake Island: Zmiinyi Island, also known as Snake […]
Card On File Tokenisation (CoFT) : RBI
Card On File Tokenisation (CoFT) : RBI RBI has moved to introduce card-on-file tokenisation (CoFT) The word tokenisation refers to the replacement of an actual card number with an alternative code which will be converted into a token. It is considered safer as the actual card details are not shared with the merchant during transaction […]
Aircraft Carrier Fujian : China
Aircraft Carrier Fujian : China In June 2022, China launched its third aircraft carrier named ‘Fujian’, the country’s most advanced as well as the first “fully domestically built” naval vessel, as an aggressive Beijing sought to project its naval power in the strategic Indo-Pacific region. Fujian is the name of China’s eastern coastal province of […]
Foreign Portfolio Investors
Foreign Portfolio Investors: Foreign portfolio investors have pulled out Rs 42,000 crore this month amid rising inflation and monetary policy tightening in the US. FPI involves an investor buying foreign financial assets such as fixed deposits, stocks, and mutual funds. All the investments are passively held by the investors. Investors see relatively high valuations in […]
Guidelines For Prevention Of Misleading Advertisements And Endorsements For Misleading Advertisements, 2022
Guidelines For Prevention Of Misleading Advertisements And Endorsements For Misleading Advertisements, 2022: The Central Consumer Protection Authority has come up with the Guidelines for Prevention of Misleading Advertisements and Endorsements for Misleading Advertisements, 2022. Bait advertising: It means enticing consumers to buy the product at a lower price. Computers and other high-tech items are easy […]
