One Rank One Pension (OROP) Policy: The Supreme Court asked the Centre to show how many persons in the Armed forces have benefitted from ‘One Rank One Pension’ (OROP) policy. The court also said that Centre’s stand on OROP presented a much “rosier picture” than what is actually given to the pensioners of the Armed […]
Tag: 3rd Mar 2022
Radio Frequency Identification (RFID): Indian Army
Implementation Of Radio Frequency Identification (RFID): The Indian Army commenced implementation of Radio Frequency Identification (RFID) tagging of its ammunition inventory. Earlier in 2021, the Union Government integrated the E-Way Bill (EWB) system with FasTag and RFID. RFID is a type of passive wireless technology that allows for tracking or matching of an item or […]
Minimum Assured Return Scheme: PFRDA
Minimum Assured Return Scheme: PFRDA The Pension Fund Regulatory and Development Authority (PFRDA) has proposed a guaranteed return scheme, Minimum Assured Return Scheme (MARS), which will provide savers and people from the salaried class an option for their investments. This will be the first scheme from the pension regulator that will offer a guaranteed return […]
Madhabi Puri Buch: New Chairperson of SEBI
Madhabi Puri Buch: First Woman To Head The Market Regulator Madhabi Puri Buch, former whole-time member of the Securities and Exchange Board of India (SEBI), has been appointed as its new chairperson — the first woman to head the market regulator. She will hold the position for three years. Earlier in January 2022, SEBI launched […]
Genocide Convention: Important Points
What Is Genocide Convention? Ukraine has filed an application before the International Court of Justice (ICJ), instituting proceedings against Russia. Ukraine has accused Russia of falsely claiming that “acts of genocide have occurred in the Luhansk and Donetsk oblasts of Ukraine”, and of using that as a pretext to recognise the independence of these regions […]
Suez Canal: Increased Transit Fees
Suez Canal :Increased Transit Fees Cash-strapped Egypt has increased transit fees for ships passing through the Suez Canal with hikes of up to 10%. The Suez Canal is an artificial sea-level waterway running north to south across the Isthmus of Suez in Egypt, to connect the Mediterranean Sea and the Red Sea. The canal separates […]
Global Chip Shortage: Russia-Ukraine Crisis
Global Chip Shortage: Amid Ongoing Russia-Ukraine Crisis Russia and Ukraine are important centres of the global semiconductor supply chain, providing rare metals like palladium, and gases like neon, that are needed in the production of the silicon wafers present in almost all modern devices and equipment. Amid the ongoing Russia-Ukraine crisis, it is expected that […]
Artemis 1 Program Launch Date
Artemis Program: NASA’s first crewed landing of the Artemis program on the moon is expected to take place in 2026. Meanwhile, NASA will launch Artemis 1 in May 2022. NASA said it needed time to develop and test the human landing system and NASA’s next generation spacesuits. Artemis stands for Acceleration, Reconnection, Turbulence and Electrodynamics […]
CAATSA Waiver
CAATSA Waiver: With tensions escalating between Russia and the West over the Ukraine crisis, India, which has major defence cooperation with Moscow and also with Kyiv, faces uncertainty over timely deliveries in the near future in addition to the lingering threat of U.S. sanctions under CAATSA (Countering America’s Adversaries Through Sanctions Act) over the S-400 […]
