Archives: Current Affair

October 5, 2024

World Green Economy Forum:2024/विश्व हरित अर्थव्यवस्था मंच 2024:

Why in News? The World Green Economy Forum was launched recently in Dubai, bringing together global leaders and experts to address pressing environmental challenges. The forum’s theme, “Empowering Global Action: Unlocking Opportunities and Advancing Progress,”. Key points of the session: A key session titled “Decarbonising Energy-Intensive and Hard-to-Abate Industries” explored strategies to reduce carbon emissions […]



October 5, 2024

Centre approves 5 new classical languages: What is a classical language?केंद्र ने 5 नई शास्त्रीय भाषाओं को मंजूरी दी: शास्त्रीय भाषा क्या है?

Why in News ?  Recently , Five Indian languages were granted classical language status  by the Center, which also stated that the government is working to “preserve their rich heritage.” 5 new classical languages- Marathi, Pali, Prakrit, Assamese and Bengali. Some of these languages have been fighting for classical language status for a decade. The […]



October 3, 2024

Rapid Financing Instrument (RFI)/रैपिड फाइनेंसिंग इंस्ट्रूमेंट (RFI):

Why in News?The Rapid Financing Instrument (RFI) is a financial tool provided by the International Monetary Fund (IMF) that offers quick financial assistance to member countries facing urgent balance of payments needs. It is designed to provide swift financial relief in cases of economic crises caused by external shocks, such as natural disasters, commodity price […]



October 3, 2024

PM E-DRIVE Scheme/ पीएम ई-ड्राइव योजना

Why in News-:The government has launched the PM E-DRIVE Scheme, with an outlay of Rs 10,900 crore for faster adoption of electric vehicles, setting up of charging infrastructure and development of EV manufacturing ecosystem in India. The scheme shall be implemented from October 1, 2024 to March 31, 2026. Key points: subsidy: The subsidy under […]



October 3, 2024

Intercepted Missile System/ Iron dome/ इंटरसेप्टेड मिसाइल सिस्टम/ आयरन डोम

Why in News ?  The Israeli has recently intercepted a large number of the incoming missiles — 180 from Iran by Iron Dome air defence system. About Interceptive missile systems: They are designed to detect, track, and destroy incoming ballistic missiles or airborne threats before they reach their targets. These systems are crucial components of […]



October 2, 2024

RBI’s Monetary Policy Committee Reconstituted With New Members

The central government has reconstituted the Monetary Policy Committee (MPC) under the provisions of the Reserve Bank of India (RBI) Act, 1934, the Ministry of Finance said in a statement. The government issued a notification on 1 October with the newly included names of the members of the MPC. The six-member MPC is responsible for […]



October 2, 2024

NITI Aayog report : What is  PHEMA?

The NITI Aayog has recently proposed the establishment of a comprehensive framework to handle future public health emergencies or pandemics effectively. Lessons Learned from COVID-19: Gaps in Legal Frameworks: Existing laws like the Epidemic Diseases Act (1897)and National Disaster Management Act (2005) were insufficient for handling large-scale health emergencies. These laws lack clarity on definitions of epidemics and […]



October 2, 2024

HOW INDIAN TEMPLES ARE CONTROLLED & REGULATED?

Why in News ?  Amid the controversy over the laddu prasadam at Tirupati, Hindu organisations have revived the demand to free temples from government control. What is the history and background of this demand? The head of the Tirumala Tirupati Devasthanams, which runs the Venkateswara Temple in Tirupati, is appointed by the Andhra Pradesh government. […]



October 1, 2024

Philadelphia Corridor /फिलाडेल्फिया कॉरिडोर:

Why in News?-The Philadelphia Corridor is a key issue in ceasefire talks as Israel’s war on Gaza continues, killing nearly 41,000 Palestinians. About the Philadelphia Corridor- The Philadelphia Corridor is a strategically important land strip between the Gaza-Egypt border. It is approximately 14 kilometers long and 100 meters wide. The region plays a key role […]



October 1, 2024

Asia Power Index 2024 /एशिया पावर इंडेक्स 2024:

Why in News- India has recently achieved a significant milestone in the Asia Power Index, surpassing Japan to become the third most powerful country. This shift is a sign of India’s growing geopolitical status, active development and rapidly growing economy. Key factors for India’s rise: Economic growth- India made rapid economic reforms after the pandemic, […]



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Current Affair | Vaid ICS Institute - Part 89