Archives: Current Affair

May 6, 2024

Section 498A of the Indian Penal Code (IPC):

Why in news? The Supreme Court has recently asked  the union government and the parliament to make necessary changes to the Bharatiya Nyay Sanhita (BNS) with respect to the provision replacing Section 498A of the Indian Penal Code (IPC). What is Section 498A of the Indian Penal Code (IPC)? Section 498A of the Indian Penal […]



May 6, 2024

What is Artificial General Intelligence (AGI)?

Why in News?Sam Altman, CEO of OpenAI, has recently expressed his commitment to invest billions of dollars towards the development of Artificial General Intelligence (AGI). What is AGI? •AGI is a kind of machine or a software that can perform any intellectual task that a human can do. •It can do reasoning, common sense, abstract […]



May 4, 2024

The United Nations Population Fund/ Permanent Mission of India to the United Nations/ Localizing the SDGs:

Why in News ?The Permanent Mission of India to the United Nations and the Ministry of Panchayati Raj, in collaboration with the United Nations Population Fund is organizing event titled “Localizing the SDGs. About United Nations Population Fund (UNFPA): •United Nations Population Fund (UNFPA), trust fund under the jurisdiction of the United Nations Development Programme […]



May 4, 2024

What is standard essential patents’ (SEP)? The Indian Patent Office (IPO)

Why in News ? The certain technology companies are using ‘standard essential patents’ (SEP) against the telecom manufacturing sector in India. What are Standard Essential Patents (SEPs)? • A standard essential patent is a patent that protects technology that is essential to implementing a standard. • A standard is an agreed or established technical description. […]



May 4, 2024

Red Colobus: What is Primates ?

Why in News?The Red colobus, a rare group of imperilled monkeys spread across Africa, are primary indicators of biodiversity decline in the continent’s tropical forests. Conserving them could hold the keys to protecting these forests, a new study by an international team of scientists stated on April 30, 2024. Declining populations of red colobus “forewarn […]



May 4, 2024

Ajrakh Painting

Hand block painting or Ajrakh is an age-old tradition practiced in Ajrakhpur, a village in the Kutch district of Gujarat. The 100-odd families of the village take part in a laborious process that takes up to three weeks to complete. Textiles are treated with vegetable and mineral colours and the fabric goes through a washing […]



May 2, 2024

What is Currency Carry Trade?

Currency carry trade is a strategy in which an investor borrows money in a currency with low interest rates and invests it in another currency with higher interest rates. The investor aims to profit from the interest rate differential between the two currencies. How it  works? Borrowing: The investor borrows money in a currency where […]



May 2, 2024

What is  Federal Reserve /Federal funds rate its impact on  Global Economy?

Why in News? The  US Fed has recently reduced the interest rate to tackle the inflation and boost economic growth.  About  US Fed: Like other central banks such as the RBI, as the US Fed conducts monetary policy, it influences employment and inflation primarily by using policy tools to control the availability and cost of […]



May 2, 2024

What is Supersonic Missile Assisted Release of Torpedo (SMART)?

Why in News?The Defence Research and Development Organisation (DRDO) successfully conducted a flight test of the Supersonic Missile Assisted Release of Torpedo (SMART) from Dr APJ Abdul Kalam Island, situated off the coast of Odisha. According to the Ministry of Defence, SMART represents a cutting-edge missile-enabled lightweight torpedo delivery system aimed at bolstering the Indian […]



May 2, 2024

What are different types of Vaccines: What is Viral Vector? What is adenovirus?

There are several different types of vaccines. Each type is designed to teach your immune system how to fight off certain kinds of germs—and the serious diseases they cause. When scientists create vaccines, they consider: How your immune system responds to the germ Who needs to be vaccinated against the germ The best technology or […]



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Current Affair | Vaid ICS Institute - Part 126