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Cloudburst : Definition

Cloudbursts: On July 28, at least seven people were killed, 17 injured and over 35 missing after a cloudburst hit a remote village of Jammu and Kashmir. Cloudbursts are short-duration, intense rainfall events over a small area. According to the India Meteorological Department (IMD), it is a weather phenomenon with unexpected precipitation exceeding 100mm/h over […]

All India Quota Scheme For UG And PG Medical / Dental Courses

All India Quota (AIQ) Scheme For Undergraduate And Postgraduate Medical / Dental Courses: Ministry of Health and Family Welfare has taken a decision for providing 27% reservation for OBCs and 10% reservation for Economically Weaker Section (EWS) in the All India Quota (AIQ) Scheme for undergraduate and postgraduate medical / dental courses (MBBS / MD […]

Deposit Insurance And Credit Guarantee Corporation (Amendment) Bill, 2021

Deposit Insurance And Credit Guarantee Corporation (Amendment) Bill, 2021: The Union Cabinet has approved the Deposit Insurance and Credit Guarantee Corporation (Amendment) Bill, 2021 and has been introduced in Parliament’s monsoon session. Deposit Insurance Credit Guarantee Corporation (DICGC) is a wholly-owned subsidiary of the Reserve Bank of India (RBI). It provides deposit insurance that works […]

Maharashtra Bhushan Puraskar 2021

The Maharashtra Bhushan Puraskar: The Maharashtra Bhushan Selection Committee chaired by Chief Minister Uddhav Thackeray unanimously selected legendary playback singer Asha Bhosle for the prestigious award. The Maharashtra Bhushan Puraskar will be given to legendary playback singer Asha Bhosle for the year 2021. The Maharashtra Bhushan is a highest civilian award presented annually by the […]

Swachh Bharat Mission (Grameen) Phase – 2

Swachh Bharat Mission (Grameen) Phase – 2: Jal Shakti Minister Gajendra Singh Shekhawat released the ODF Plus Manuals under Swachh Bharat Mission (Grameen) Phase – 2 in New Delhi. The manuals pertain to key components of ODF Plus – Grey Water Management, Plastic Waste Management, Faecal Sludge Management and Biodegradable Waste Management. The Department of […]

The Insolvency And Bankruptcy Code (Amendment) Bill, 2021

The Insolvency And Bankruptcy Code (Amendment) Bill, 2021: The Insolvency and Bankruptcy Code (Amendment) Bill, 2021, passed by Lok Sabha has proposed ‘pre-packs’ or Pre-packaged Insolvency Resolution Process (PIRP) as an insolvency resolution mechanism for Micro, Small and Medium Enterprises (MSMEs). A pre-pack envisages the resolution of the debt of a distressed company through a […]

Deposit Insurance And Credit Guarantee Corporation (DICGC) Bill, 2021.

Deposit Insurance And Credit Guarantee Corporation (DICGC) Bill, 2021.: The Union Cabinet has cleared the Deposit Insurance and Credit Guarantee Corporation (DICGC) Bill, 2021. The failure of banks such as Punjab and Maharashtra Co-operative (PMC) Bank, Yes Bank and Lakshmi Vilas Bank reignited the debate on the low level of insurance against the deposits held […]