Archives: Current Affair

June 8, 2024

India’s new  Wetland sites : Nagi and Nakti Bird Sanctuary

Why in News ? India celebrated World Environment Day with the addition of the Nagi Bird Sanctuary and the Nakti Bird Sanctuary in Bihar to the global list of important wetlands. These newly designated Ramsar sites are man-made reservoirs located in the Jhajha forest range of Jamui district in Bihar. Their catchments feature dry deciduous […]



June 8, 2024

What is Capital Account liberalisation? What is Capital Account Convertibility (CAC)?

Why in News:Gearing up to remain “future-ready for India’s fast-growing economy”, the Reserve Bank of India (RBI) has listed a series of aspirational goals, including capital account liberalisation and internationalisation of the Indian rupee (INR), universalising of digital payment system and globalisation of India’s financial sector in a multi-year timeframe. Liberalizing Capital Account in the […]



June 8, 2024

About International Alliance of Waste Pickers (IAWP):

The International Alliance of Waste Pickers (IAWP) is a global union representing waste picker organizations in over 34 countries, with more than 460,000 workers affiliated. key aspects: Mission: Advocate for the rights and improve the working conditions of waste pickers worldwide. Role: Promotes the formalization of waste picking as a recognized profession. Supports waste picker […]



June 6, 2024

What is Foreign Contribution Registration Act (FCRA) ?

Why in News?Bollywood megastar Shah Rukh Khan’s non-governmental organisation (NGO), Meer Foundation, has been granted Foreign Contribution Registration Act (FCRA) licence by the Ministry of Home Affairs (MHA) for five years. The Foreign Contribution (Regulation) Act, or FCRA, is a law enacted by the Indian government in 2010. It regulates how NGOs, individuals, and companies in India can receive foreign donations […]



June 6, 2024

What is Indo-Pacific Economic Framework (IPEF)? About Indo-Pacific Economic Framework (IPEF)

Why in News ? India, the US and 12 other countries are likely to ink an agreement to help them meet their climate objectives through collaborative financing without imposing barriers. The proposed Clean Economy Agreement under the Indo-Pacific Economic Framework (IPEF) aims to help the member countries meet their climate objectives by improving market conditions. About IPEF : The Indo-Pacific Economic […]



June 6, 2024

Special category status for Bihar and Andhra Pradesh:

With the General Elections throwing up a fractured mandate, Nitish Kumar’s Janata Dal (United) and Chandrababu Naidu’s Telugu Desam Party are set to play a key role in government formation at the Centre. As a result, their past demands for special category status for Bihar and Andhra Pradesh, respectively, are back in focus. The TDP […]



June 6, 2024

What is Indian Energy Exchange (IEX)? About Indian Energy Exchange (IEX)

Why in News ? The electricity Trade volume on IEX has jumped to 29 % in May 2024. IEX is India’s premier energy marketplace. It functions as an electronic platform for buying and selling electricity, renewable energy certificates, and energy-saving certificates. Launched in 2008, it has revolutionized power trading in India by: Facilitating Efficient Price […]



June 5, 2024

What is Virus-like Particles (VLPs) ?

The Scientists have recently developed a novel way of generating non-infectious Nipah virus-like particles (VLPs) in the laboratory. What is VLPs? Virus-like particles (VLPs) are fascinating mimics of viruses. They closely resemble real viruses in structure but lack one crucial element: viral genetic material. This makes them completely safe and unable to infect cells. tructure: […]



June 5, 2024

Gudleppa Hallikeri Award 2024:

Poet and playwright Siddhalinga Pattanashetti has been chosen for the prestigious Gudleppa Hallikeri Award for 2024 by the Gudleppa Hallikeri Memorial Foundation. About Guldeppa Hallikeri: Indian freedom fighter Gudleppa Hallikeri (1906–1972) was a native of Hosaritti, in the Haveri district of the state of Karnataka. In Hosaritti, he founded the Gandhi Grameena Gurukul, a residential […]



June 5, 2024

What is Subsidiary Bodies (SB60)?

Why in News ? Subsidiary Bodies (SB60), formally called the 60th meetings of the Subsidiary Bodies, is a crucial event under the umbrella of the United Nations Framework Convention on Climate Change (UNFCCC) . It’s essentially a preparatory meeting held biannually in June, with another session coinciding with each annual Conference of the Parties (COP) […]



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Current Affair | Vaid ICS Institute - Part 117