Nuclear-Armed Submarine: North Korea has introduced its first operational “tactical nuclear attack submarine,” known as Submarine No. 841, which has been assigned to patrol the waters between the Korean peninsula and Japan. This submarine, named Hero Kim Kun Ok, is deemed a key component of North Korea’s naval force and is likely a modified version […]
Category: Current Affairs
Varuna-23 : Bilateral Naval Exercise
Varuna-23 : Bilateral Naval Exercise The 21st edition of the India-France bilateral naval exercise ‘Varuna-23’ took place in the Arabian Sea. This exercise involved guided missile frigates, a tanker, Maritime Patrol Aircraft, and helicopters from both the Indian and French Navies. His exercise has a long history, dating back to 1993, and has evolved into […]
HII-A Rocket : Japan
HII-A Rocket : Japan Japan launched the HII-A rocket recently. HII-A rocket launching site: Tanegashima Space Center in southwestern Japan. Launched by: Japan Aerospace Exploration Agency (JAXA). Objective: to explore the origins of the universe. The rocket put a satellite called X-Ray Imaging and Spectroscopy Mission, or XRISM, into orbit around Earth. It will measure […]
Fintech Self-Regulatory Organizations : RBI
Fintech Self-Regulatory Organizations : RBI The Reserve Bank of India (RBI) Governor recently urged fintech entities to establish Self-Regulatory Organizations (SROs) in the rapidly evolving fintech sector. Fintech Self-Regulatory Organizations (SROs): Financial technology or Fintech refers to innovative technologies designed to enhance and automate the delivery of financial services. Fintech encompasses technological advancements across various […]
One Sun, One World, One Grid Initiative
One Sun, One World, One Grid Initiative: A day-long conference on “Transnational Grid Interconnections for One Sun, One World, One Grid (OSOWOG)” was recently held in New Delhi. The idea for the OSOWOG initiative was put forth by the Prime Minister of India, at the First Assembly of the International Solar Alliance (ISA) in October […]
Sovereign Gold Bond (SGB) Scheme : RBI
Sovereign Gold Bond (SGB) Scheme : RBI The Reserve Bank of India (RBI) recently announced the issue price for the upcoming Sovereign Gold Bond (SGB) Tranche 2. Sovereign Gold Bond (SGB) Scheme were introduced by the Government of India in 2015 under the Gold Monetization Scheme. SGBs are government securities issued by the RBI on […]
Akshardham Temple : UK Prime Minister Visit
Akshardham Temple : UK Prime Minister Visit UK Prime Minister recently visited the Akshardham Temple in Delhi. The Akshardham Temple, officially known as the Swaminarayan Akshardham Temple, is a Hindu temple complex located in Delhi, India. It is Located on the banks of the Yamuna River. It was officially opened to the public on 6th […]
WTO Dispute Settlement System : G20 Summit
WTO Dispute Settlement System : G20 Summit The G20 leaders recently expressed their commitment to conduct discussions for having a “fully and well-functioning” dispute settlement system of the World Trade Organisation (WTO) by 2024. WTO Dispute Settlement Mechanism is the main WTO agreement on settling disputes. The General Council of WTO convenes as the Dispute […]
Morocco : Powerful Earthquake
Morocco : Powerful Earthquake A powerful earthquake of magnitude 6.8 struck central Morocco, 72 kilometres southwest of Marrakesh. Morocco is a mountainous country in western North Africa that lies directly across the Strait of Gibraltar. It retains much of its ancient architecture and even more of its traditional customs. Morocco’s largest city and major Atlantic […]
Global Biofuels Alliance
Global Biofuels Alliance: The Prime Minister of India announced the launch of the Global Biofuels Alliance. Global Biofuels Alliance is an India-led Initiative to develop an alliance of Governments, International organisations and Industry to facilitate the adoption of biofuels. A total of 19 countries and 12 international organisations have so far agreed to join the […]