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Yearly Archives: 2022

Central Bank Digital Currency

In Context The Reserve Bank of India (RBI) is in the process of implementing the Central Bank Digital Currency (CBDC) in a phased manner for wholesale and retail segments. Status of  Central Bank Digital Currency in India The introduction of CBDC was announced in the Union Budget 2022-23. Amendments have also been made to the […]

OBC Reservation in Local Body Elections

In Context Recently, the Supreme Court allowed 27% reservation for Other Backward Classes (OBCs) in all the upcoming local body elections in Maharashtra. More about the news About: Supreme Court bench accepted the report by the five-member Banthia commission and allowed reservation for OBCs in the Nagar Panchayat, Nagar Parishad and Brihanmumbai Municipal Corporation elections.   […]

Indian Express

Indian Express Subject  Pg No  Headlines Relevance for Prelims and Mains   GS 3   1,9&10   Rupee falls below 80 against dollar, raises worries over imported inflation What Rs 80 to a dollar means Trusting the rupee (Economy) Why are there concerns over high imported inflation?What are the key catalysts behind the steep descent seen […]

The Hindu

The Hindu Subject Pg No Headlines Relevance for Prelims and Mains   GS 2 2 Govt. plans to extend Mission Buniyaad   (Polity and Governance) What is Mission Buniyaad?objectives and achievements    GS 2 6 Tunnel vision that is endangering India’s history   (Polity and Governance)   What are key provisions of the Ancient Monuments and […]

Depreciation of Indian Rupee

In Context  The Indian rupee breached the psychologically significant exchange rate level of 80 to a US dollar in early trade. What is the rupee exchange rate? The rupee’s exchange rate vis-à-vis the dollar is essentially the number of rupees one needs to buy $1.  This is an important metric to buy not just US […]

Mission Buniyad

In News  The Delhi government said that under Mission Buniyaad, held between April and June, students of government and Municipal Corporation of Delhi schools have shown 20%-30% improvement in literacy, numeracy skills.  The government plans to extend the scheme. About Mission Buniyaad  The Delhi government in February 2018 had announced the launch of ‘Mission Buniyaad’ […]

Aragalaya

In News  As Sri Lanka’s Parliament votes for a new President ,some sections of the aragalaya have sent out the signal that they will not accept a leader who bats for the status quo. About Aragalaya It is  a Sinhalese word for “struggle”. It is being used widely to describe the daily gathering of people […]

Legal Metrology (Packaged Commodities), (Second Amendment) Rules 2022

In News Recently, the Union govt. has amended the Legal Metrology (Packaged Commodities) 2011 Rules.  About The Legal Metrology (Packaged Commodities), (Second Amendment) Rules 2022 It has allowed the electronic products to declare certain mandatory declarations through the QR Code for a period of one year, if not declared in the package itself. Earlier, all […]

India Innovation Index

In News Recently, NITI Aayog said that it will release the third edition of its India Innovation Index. About India Innovation Index Body: The India Innovation Index is released by NITI Aayog and the Institute for Competitiveness every year. Previous editions: The first and second editions were launched in 2019 and 2021 respectively. Aim: To […]

Pythagorean Geometry in Vedic-era Texts

In Context The position paper, part of Karnataka’s submissions to the NCERT for a National Curriculum Framework, describes Pythagoras’s theorem as “fake news”. About The Pythagoras theorem is disputed in many international forums. Not the content, but Pythagoras claiming it as his own. It has referred to a text called the Baudhayana Sulbasutra, in which […]