External Benchmarks Lending Rate: According to a recent RBI report on ‘Monetary transmission in India’, the share of outstanding loans linked to External Benchmarks Lending Rate (EBLR – like repo rate), increased from as low as 2.4% during September 2019 to 28.5% during March 2021. This increase in EBLR linked lending will contribute to significant […]
Category: Current Affairs
What are High-Altitude Balloons?
High-Altitude Balloons: The US has planned to transmit the Internet to the people in Cuba via high-altitude balloons when their government has blocked access. There is an ongoing protest in Cuba against long standing restrictions on rights, scarcity of food and medicines, and the government’s poor response to the Covid-19 pandemic. High Altitude Balloons for […]
NEA Scout : NASA’s Advanced Exploration Systems
NASA’s New Spacecraft: NEA Scout: National Aeronautics and Space Administration (NASA) has announced that its new spacecraft, named Near-Earth Asteroid Scout or NEA Scout, has completed all required tests and has been safely tucked inside the Space Launch System (SLS) rocket. About NEA Scout: Near-Earth Asteroid Scout, or NEA Scout, is a miniaturized spacecraft, known […]
Moon Wobble
Moon Wobble: Sometimes, the moon seems to move in mysterious ways. It is mostly circles and ovals. But there is also something else a so-called wobble animating those rotations and revolutions. According to a recent study, the phenomenon is expected to lead to more flooding here on Earth in the middle of the next decade. […]
MH-60R Multi Role Helicopters (MRH)
MH-60R Multi Role Helicopters (MRH): Indian Navy accepted the first two of its MH-60R Multi Role Helicopters (MRH) from US Navy in a ceremony held at Naval Air Station North Island, San Diego on 16 Jul 21. The ceremony marked the formal transfer of these helicopters from US Navy to Indian Navy. MH-60R helicopters manufactured […]
Vintage Motor Vehicles.
Vintage Motor Vehicles.: The Ministry of Road Transport and Highways has amended CMVR 1989, formalising the registration process of vintage motor vehicles. This is aimed at preserving and promoting the heritage of old vehicles in India. Salient Features: All 2/4 wheelers, 50+ years old, maintained in their original form and which have not undergone any […]
Awas Par Samvaad
Awas Par Samvaad: Pradhan Mantri Awas Yojana – Urban (PMAY-U) has launched Awas Par Samvaad – series of 75 seminars and workshops to take ahead the Prime Minister’s vision of ‘Housing for All’. Ministry of Housing and Urban Affairs (MoHUA) announced it on the occasion of sixth anniversary of PMAY-U on June 25, 2021. ‘Awas […]
Khushiyon Ka Aashiyana
Khushiyon Ka Aashiyana: Pradhan Mantri Awas Yojana – Urban (PMAY-U) has launched Khushiyon Ka Aashiyana – Short Film contest 2021 to take ahead the Prime Minister’s vision of ‘Housing for All’. Ministry of Housing and Urban Affairs (MoHUA) announced it on the occasion of sixth anniversary of PMAY-U on June 25, 2021. For the short […]
Tipu Sultan:
Tipu Sultan: Mysore King Tipu Sultan is at the centre of controversy in the Brihanmumbai Municipal Corporation over attempts to name a garden after him in Govandi, a suburb in Eastern Mumbai. A local corporator had suggested that a newly developed garden be named after Tipu Sultan as he was a “freedom fighter” and had […]
Conjugal Rights Under Hindu Personal Laws.
Conjugal Rights Under Hindu Personal Laws.: The Supreme Court is expected to begin hearing a fresh challenge to the provision allowing restitution of conjugal rights under Hindu personal laws. Section 9 of the Hindu Marriage Act, 1955 deals with restitution of conjugal rights. Conjugal rights are rights created by marriage, i.e. right of the husband […]
