Archives: Current Affair

May 16, 2024

Daily Current Affairs for UPSC – 16 May 2024 :What is Black Money? Black Money Acts:

Black money is essentially money that evades the formal financial system. Here’s a breakdown of its characteristics, sources, and how governments tackle it: What is Black Money? Black money refers to income that goes unreported and untaxed. It can come from two main sources: Illegal Activities: This includes money earned through crimes like drug trafficking, […]



May 15, 2024

India VIX Index :What is the Volatility Index?

Why in News? India VIX, which is an indicator of the market’s expectation of volatility over the near term, surged past the 21 mark . The rise shows that fear among traders or market participants on the expected volatility is more now, as compared to 15 days earlier. Currently, the fear among the market players […]



May 15, 2024

What is xenotransplantation?

Why in News Recently ,The first recipient of a modified pig kidney transplant passed away , around two months after the surgery was carried out. The doctors say that we have no indication that it (Richard “Rick” Slayman’s death) was the result of his recent transplant. What is xenotransplantation? According to the US Food and […]



May 15, 2024

Daily Current Affairs-UPSC – 15 May 2024 India’s Forest Cover has increased: UNFF

Why in news ? India’s forest cover saw a consistent increase over the last 15 years, the Ministry of Environment, Forest and Climate Change (MoEFCC) said at the recently concluded United Nations Forum on Forests (UNFF) in the US.  Key points: Globally, India ranks third in the net gain, in average annual forest area, between […]



May 15, 2024

Daily Current Affairs-UPSC – 15 May 2024 The Green Credit Programme (GCP) : About Ecomark Scheme

To take ahead the ‘LiFE’ – ‘Lifestyle for Environment’ movement announced by the Hon’ble Prime Minister in 2021, the Ministry of Environment, Forest and Climate Change has introduced two pioneering initiatives that indicate the country’s pro-active approach to climate change, sustainability and promotion eco-conscious practices. These initiatives, the Green Credit Program (GCP) and the Ecomark […]



May 15, 2024

Daily Current Affairs-UPSC – 15 May 2024 What is Floor Space Index (FSI)? Urbanization

What is FSI? FSI, or Floor Space Index, also known as Floor Area Ratio (FAR), is a fundamental term in real estate. It emerges during property transactions and holds immense importance. In simple words, FSI represents the maximum allowable floor area a developer can construct on a specific piece of land. It is the ratio […]



May 14, 2024

What is Variable Rate Technology (VRT)?

Variable Rate Technology (VRT) is a game-changer in precision agriculture. It allows farmers to apply inputs like fertilizer, seeds, water, and even pesticides at varying rates across a field. This contrasts with the traditional “blanket application” where the same amount of input is spread uniformly. Understanding Field Variability: VRT relies on the concept of spatial […]



May 14, 2024

What is CRISPR-Cas9? CRISPR-Cas9 (pronounced “crisper-cas nine”) is a powerful and widely used tool for genomic editing. It allows scientists to very precisely alter an organism’s DNA at specific locations. CRISPR stands for Clustered Regularly Interspaced Short Palindromic Repeats. These are repetitive sequences of DNA found naturally in bacteria and archaea (single-celled organisms). CRISPR sequences […]



May 14, 2024

What is Genomic Editing? About Genomic Editing

Genomic editing, also known as gene editing, is a group of technologies that scientists use to modify an organism’s DNA. These technologies allow for very precise changes to be made at specific locations within an organism’s genome. Here’s a breakdown of the concept: Editing tools: These are enzymes that act like molecular scissors, cutting the […]



May 14, 2024

India  & Chabahar port:  Recent development ,Significance  & Challenges

Why in news ? India and Iran  have recently signed a 10-year contract for the operation of a terminal at the strategically important Chabahar port in Iran. What is Chabahar? It is a deep water port in Iran’s Sistan-Baluchistan province. It is the Iranian port that is the closest to India, and is located in […]



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Current Affair | Vaid ICS Institute - Part 122