Archives: Current Affair

Why in News ? The Reserve Bank of India (RBI) will conduct its largest-ever $10-billion dollar/rupee buy-sell swap auction, aiming to address the persistent liquidity deficit in the banking system. What is Currency Swapping? Currency swapping, or forex swapping, is a financial agreement where two parties exchange principal and interest payments in one currency for […]

 Why in News? Union Home Minister Amit Shah recently assured that southern states would not lose any seats in Parliament after delimitation, addressing long-standing apprehensions of states like Tamil Nadu and Kerala. The concern arises from the fact that delimitation based on updated population data could significantly increase representation for northern states at the cost […]

Why in News? Madhya Pradesh Chief Minister Mohan Yadav released 10 gharials (9 males and 1 female) into the Chambal River on February 17, 2025, as part of ongoing conservation efforts. The release took place at the National Chambal Gharial Sanctuary in Morena to bolster the population and reinforce the state’s leadership in gharial conservation. […]

The Automatic Chemical Agent Detection and Alarm (ACADA) system is an advanced technological tool designed to detect and provide alerts for the presence of harmful chemical agents and toxic substances in the environment. It plays a critical role in ensuring safety during chemical warfare and industrial accidents by offering real-time detection capabilities. Key Features and […]

Why in News ? A new visa program called “Gold Card” has been announced by Donald Trump, aimed at foreign investors seeking permanent residency and a pathway to American citizenship. Price: $5 million flat fee. Privileges: Green Card benefits plus a direct route to citizenship. Replacement for EB-5 Program: EB-5 Program Overview: Introduced in 1990, […]

Why in News? The Time Use Survey (TUS), 2024, conducted by the National Statistics Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI), has gained attention for highlighting significant changes in time utilization patterns across India. Key findings include an increase in women’s participation in employment-related activities, greater acknowledgment of caregiving responsibilities irrespective of gender, […]

Why in News? The Comptroller and Auditor General (CAG) report tabled in the Delhi Assembly has highlighted flaws in the 2021-22 liquor policy by the Aam Aadmi Party (AAP) government, resulting in losses exceeding Rs2,000 crore. The report cites revenue losses, procedural violations, and policy lapses, drawing attention to the mismanagement under then Deputy Chief […]

Why in News? The NAKSHA Scheme (National Geospatial Knowledge-based Land Survey of Urban Habitations) has gained attention as the Central government launched its pilot phase across 152 urban local bodies in 26 states. The scheme aims to modernize urban land records, providing comprehensive geospatial data for effective governance and urban planning. What is NAKSHA? A […]

Spinal Muscular Atrophy (SMA) Type 1: Spinal muscular atrophy (SMA) is a rare genetic disorder that affects the motor neurons in the spinal cord, leading to progressive muscle weakness and atrophy. SMA Type 1, also known as Werdnig-Hoffmann disease, is the most severe and early-onset form of SMA. Causes: Genetic Mutation:SMA is caused by a […]

Why in News? Prime Minister Narendra Modi inaugurated the Advantage Assam 2.0 Investors’ Summit on February 25, 2025, in Guwahati. The summit emphasizes the role of Eastern India, particularly Assam, in shaping India’s economic growth and attracting global investments. Key Points: 1. Event Highlights: The two-day Advantage Assam 2.0 Investors’ Summit includes: Inaugural Session. Seven […]