UPSC Daily Current Affairs

SIMPLIFIER: LIMITED COMPANIES

Jun 12, 2024

LIMITED COMPANIES: DEFINITION AND EXAMPLES Q: What does "Limited" mean in PLCs and Ltd companies? A: In Public Limited Companies (PLCs) and Private Limited Companies (Ltd), "Limited" means that shareholders' liability is restricted to their investment in the company. This safeguard ensures that personal assets are not at risk if the company incurs debts or faces bankruptcy. Q: Can you provide an example from a retail business? Read More...

Economic Survey

Jun 12, 2024

Attribute Detail Read More...

Budgetary Passage:The Steps

Jun 12, 2024

Stage Description Read More...

Departmentally Related Standing Committees (DRSCs): Structure and Function

Jun 12, 2024

Aspect Detail Read More...

SIMPLIFIER: CUT MOTIONS

Jun 12, 2024

CUT MOTIONS IN THE INDIAN PARLIAMENT Demands for grants need to be voted upon by the Lok Sabha. Before the vote takes place, there is a discussion. When the amount is put to vote, the members of Lok Sabha get a chance to move cut motions that propose that the amount sought be reduced. The object of a cut motion is to draw the attention of the House to: - Economy - Difference of opinion on matters of policy - Voicing a grievance It is entirely the discretion of the Speaker to admit or reject a cut motion. The Speaker need not giv... Read More...

SIMPLIFIER: ANTI-DEFECTION LAW - MERGERS

Jun 11, 2024

ANTI-DEFECTION LAW: RULES 4 AND 5 OF THE TENTH SCHEDULE Q: What is Rule 4 of the Tenth Schedule? A: Rule 4 provides conditions under which members of a legislative house are exempted from disqualification if their original political party merges with another party. It allows members to either join the new party created from the merger or continue as a separate group without facing disqualification due to defection. Q: What does it mean for a member to be exempt from disq... Read More...

SIMPLIFIER: FINANCIAL BILLS IN THE INDIAN CONSTITUTION

Jun 11, 2024

FINANCIAL BILLS UNDER ARTICLE 117 Q: What are the types of Financial Bills under Article 117 of the Indian Constitution? Read More...

CREDIT-DEPOSIT RATIO SIMPLIFIER

Jun 11, 2024

1. Definition: The Credit-Deposit (CD) ratio is a key banking metric that measures the proportion of a bank’s total deposits that are given out as loans. It indicates how efficiently a bank is utilizing its deposits to generate income. 2. RBI does not prescribe any ratio 3. Ideal Range: An optimal CD ratio typically ranges between 80-90%. A ratio above this range may indicate aggressive lending practices, while a lower ratio suggests that a bank is not fully utilizing its deposit base. 4. Implications: • Read More...

STICKY INFLATION

Jun 11, 2024

"India's Development: Manufacturing vs. Services

Jun 11, 2024

Viksit Bharat To achieve the goal of “Developed India” by 2047, the Indian government faces a crucial decision: whether to prioritize the manufacturing sector or the services sector. This debate involves balancing economic strategies to ensure sustainable growth, job creation, and poverty alleviation. MANUFACTURING SECTOR: Government Focus: &bul... Read More...

siRNA IN BIOTECHNOLOGY:

Jun 11, 2024

Small interfering RNA (siRNA) holds significant promise in the biotechnology industry. It plays a crucial role in the RNA interference (RNAi) pathway by degrading specific messenger RNA (mRNA) molecules, preventing them from being translated into proteins. This precise mechanism can potentially treat various diseases, including genetic disorders, cancers, and viral infectio... Read More...

INDIA’S EMPLOYMENT CHALLENGE

Jun 11, 2024

India faces significant challenges in addressing employment, particularly among its youth and agricultural sectors. EMPLOYMENT ISSUES: Read More...

BIOPHARMACEUTICAL ALLIANCE LAUNCHED BY INDIA, S. KOREA, US, JAPAN, EU

Jun 11, 2024

The Biopharmaceutical Alliance has been launched to address the drug supply shortages experienced during the Covid-19 pandemic. This alliance includes South Korea, India, the United States, Japan, and the European Union (EU). SIMPLIFIER:... Read More...

SIMPLIFIER: PRIMARY NUMBER PUZZLE

Jun 11, 2024

1. What is the Primary Number Puzzle? The Primary Number Puzzle is a mathematical exercise where you perform a series of arithmetic operations on any chosen number, and the final result will always be 5. Read More...

BHITARKANIKA MANGROVE FOREST: AN ECOLOGICAL TREASURE

Jun 11, 2024

Bhitarkanika Mangrove Forest, located in the northeastern part of Odisha, is a vibrant and ecologically significant region where the Brahmani and Baitarani rivers converge, creating a fertile delta. This area spans approximately 672 square kilometers and forms part of the Bhitarkanika National Park and Wildlife Sanctuary. UNIQUE FEATURES OF BHITARKANIKA Rich Biodiversity • Mangroves: The forest boasts over 55 species of mangroves, crucial for coastal protection and ... Read More...