The Mediation Act, 2023: The Parliament has passed the Mediation Bill 2023. Mediation is a voluntary process in which parties try to settle disputes with the assistance of an independent third person (the mediator). A mediator does not impose a solution on the parties but creates a conducive environment in which they can resolve their […]
Tag: 25th Sep 2023
Basel-III Capital Framework : Reserve Bank Of India
Basel-III Capital Framework : Reserve Bank Of India The Reserve Bank of India (RBI) has introduced new norms based on the Basel III capital framework for All India Financial Institutions (AIFIs), which will take effect from April 2024. India has five AIFIs under RBI regulation: Export-Import Bank of India (EXIM Bank), National Bank for Agriculture […]
Juno : Solar-Powered NASA Spacecraft
Juno : Solar-Powered NASA Spacecraft Juno is a solar-powered NASA spacecraft that makes long, looping orbits around giant planet Jupiter. Juno was launched on 5th August, 2011. The spacecraft traveled roughly 3 billion kilometers before arriving at Jupiter in 2016. Juno conducted its 53rd close flyby of Jupiter, capturing a remarkable image of Jupiter and […]
Women’s Reservation Bill 2023
Women’s Reservation Bill 2023: The Lok Sabha (LS) and Rajya Sabha (RS), both passed Women’s Reservation Bill 2023 (128th Constitutional Amendment Bill) or Nari Shakti Vandan Adhiniyam. The bill reserves one-third of the seats in Lok Sabha, State legislative assemblies and the Delhi assembly. This will also apply to the seats reserved for SCs (Scheduled […]
Artificial Reef (AR)
Artificial Reef (AR): To promote sustainable practises, the Department of Fisheries has sanctioned 732 artificial reef units for 10 coastal states as a sub-activity under the “Integrated Modern Coastal Fishing Villages” of Pradhan Mantri Matsya Sampada Yojana (PMMSY). Artificial Reefs (AR) is a manmade structure that may mimic some of the characteristics of a natural […]
Norman E. Borlaug Award
Norman E. Borlaug Award: Indian agriculture scientist Swati Nayak won the prestigious Norman E. Borlaug Award for 2023. Norman E. Borlaug Award recognises exceptional scientists under 40 and someone who works in the field of food and nutrition security and hunger eradication. It is given in memory of the Nobel awardee and Green Revolution’s chief […]
G4 Countries
G4 Countries: The G4 countries have reiterated that expansion of UN Security Council in both permanent and non-permanent categories is essential to make the body more representative, legitimate, effective and efficient. The G4 is a grouping of Brazil, Germany, India and Japan which are aspiring to become permanent members of the UNSC. They are supporting […]
Mt. Semeru Volcano
Mt. Semeru Volcano: Mt. Semeru volcano in Indonesia’s East Java province erupted Mt. Semeru volcano is an active volcano in East Java, Indonesia. It is located in a subduction zone, where the Indo-Australia plate subducts under the Eurasia plate. It is the highest mountain on the island of Java. The name “Semeru” is derived from […]
Bolson Tortoises
Bolson Tortoises: Biologists are in a slow and steady race to help North America’s largest and rarest Bolson tortoise species. Bolson tortoises is the largest and rarest land reptile, as well as the rarest of the six Gopherus species native to the North American Continent. Adult males are generally smaller than females in this species. […]
Jhelum River : Water Level Fallen
Jhelum River : Water Level Fallen The water level of Jhelum and its tributaries have fallen drastically owing to dry weather conditions prevalent in Kashmir Valley. It is a river that flows in India and Pakistan. It is a tributary of the Indus River. The Jhelum (Vyeth in Kashmiri, Vetesta in Sanskrit and Hydaspes in […]
