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Yearly Archives: 2022

International Fund for Agricultural Development (IFAD)

In News Recently ,the work of the International Fund for Agricultural Development (IFAD)in India was highlighted. About IFAD It is an international financial institution and a specialized agency of the United Nations dedicated to eradicating poverty and hunger in rural areas of developing countries.  It works in the area of agriculture, agricultural productivity. It is […]

International Treaty on Plant Genetic Resources for Food and Agriculture (ITPGRFA)

In News  India will host the 9th Session of the Governing Body of the ‘International Treaty on Plant Genetic Resources for Food and Agriculture’ (ITPGRFA).  About ITPGRFA  It is a legally binding comprehensive agreement adopted in November, 2001 at Rome during the 31st session of the Food and Agriculture Organization of the United Nations, which […]

Current Account Deficit

In News Recently, the current account deficit has hit a 36-quarter high of 3.4 percent of GDP or USD 28.4 billion against a 0.9 percent surplus a year ago. About Current Account Deficit It is the shortfall between the money flowing in on exports, and the money flowing out on imports. It measures the gap between the money received […]

Hedge Fund

Context The term has been in the news. What Is a Hedge Fund? A hedge fund is a limited partnership of private investors whose money is managed by professional fund managers who use a wide range of strategies, including leveraging or trading of non-traditional assets, to earn above-average investment returns. Hedge fund investment is often […]

Hackathon 3.0 ‘’KRITAGYA”

In News Indian Council of Agricultural Research with its National Agricultural Higher Education Project and Crop Science Division is organizing Hackathon 3.0 ‘’KRITAGYA” on promoting ‘speed breeding for crop improvement’. About KRITAGYA  The definition of KRITAGYA is:  KRI for Krishi meaning Agriculture,  TA for Taknik meaning Technology and  GYA for Gyan meaning Knowledge.  In this […]

Colour Revolutions

In Context China has recently appealed to Russia, India, and other Shanghai Cooperation Organisation (SCO) members to cooperate in preventing foreign powers from destabilising their countries by inciting “Colour revolutions”. Colour Revolutions Colour revolutions refer to a series of uprisings that first began in former communist nations in Eastern Europe in the early 2000s, but […]

Ambedkar Circuit

In News A special tourist train, to cover Ambedkar Circuit, was announced About The Ambedkar Circuit was proposed in 2016 and it  covers Madhya Pradesh’s Mhow, Ambedkar’s birthplace; Nagpur, where he converted to Buddhism; the residence in Delhi where he lived during his last years; and Dadar in Maharashtra, where his body was cremated. Like […]

Kedarnath Temple

In News Recently, A section of priests opposed the gold plating being done on the sanctum sanctorum of Kedarnath temple. Currently, the sanctum sanctorum  is covered with 230 kilogram of silver. Kedarnath Temple Kedarnath Temple is a Hindu shrine dedicated to Lord Shiva. It is located in Uttarakhand on the Garhwal Himalayan range near the […]

Ethereum Merger

In News Ethereum, the world’s second most valuable cryptocurrency, has completed a significant software overhaul recently. About Revamping of Ethereum: It is known as ‘The Merge’.  It will cast aside the need for crypto miners and gigantic mining farms, who had previously driven the blockchain under a mechanism called ‘proof-of-work’ (PoW).  Instead, it has now […]

Amendments to Insolvency and Bankruptcy Board of India (IBBI)

In News Recently, the Insolvency and Bankruptcy Board of India (IBBI) has amended the regulations with the objective to maximise value in resolution.  Recent Amendments Sale of assets: IBBI has amended its regulations to allow sale of one or more assets of an entity undergoing the insolvency resolution process. Committee of Creditors (CoC): The Committee […]