Artificial Gravity Technology – Definition, Benefits and importance

ARTIFICIAL GRAVITY TECHNOLOGY For: Mains Topics covered: Artificial Gravity technology, its Benefits, Significance, What is Gravity? News Flash Artificial gravity means imaginary spacecraft generating their own gravity by spinning around in space. This artificial gravity has so far existed only in Science fiction. What A team from the University of Colorado is working on making ‘artificial gravity’ technology a reality. The team at Boulder is examining ways to design revolving systems that…

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Reserve Bank of India to review Core Investment Companies

RESERVE BANK OF INDIA TO REVIEW CORE INVESTMENT COMPANIES For: Mains Topics covered: Core investment companies, its Significances News Flash Reserve Bank of India has now set up a working group to review the regulatory framework for core investment companies. Significance This Concept was originated in order to safeguard NBFCs which are formed for group investments from stringent RBI procedures. The Terms of Reference of the Working Group are The terms…

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Supreme Court Ruling in Regional Languages

Supreme Court ruling in Regional Languages The rulings of the Supreme Court will soon be available in six regional languages. The apex court’s website will provide translations of judgments in Hindi, Telugu, Assamese, Kannada, Marathi, and Odia by July-end. The software was developed by the Court’s “in-house” electronic software wing. The initial phase of multi-lingual judgments will come in the above six regional languages. These languages have been chosen on the basis of the…

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Tamil Yeoman Butterfly – State Butterfly of Tamil Nadu

TAMIL YEOMAN BUTTERFLY Tamil Yeoman (Cirrochroa thais), a butterfly species endemic to the Western Ghats, has been declared as the State butterfly of Tamil Nadu. The butterfly is also known as Tamil Maravan, which means warrior, these butterflies could be found mainly in hilly areas. Why it is declared as a State butterfly? The name of the butterfly reflects Tamil culture. It is endemic to the Western Ghats. Found in foothills in moist…

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International agreement to curb Base Erosion and Profits Shifting

INTERNATIONAL AGREEMENT TO CURB BASE EROSION AND PROFITS SHIFTING For: Preliminary & Mains Topics covered: Base Erosion and Profits Shifting, International Agreement, Background, BEPS Actions News Flash The center had ratified the international agreement to curb base erosion and profits shifting (BEPS). The agreement is ratified in a bid to stop companies from moving their profits out of the country and depriving the government of tax revenue. Highlights: International agreement to curb…

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The National Defense Authorisation Act for the fiscal year 2020

THE NATIONAL DEFENSE AUTHORISATION ACT FOR THE FISCAL YEAR 2020 For: Mains Topics covered: Details about The National Defense Authorisation Act for the fiscal year 2020, Background, Benefits for India, North Atlantic Treaty Organisation News Flash The U.S. Senate has passed a legislative provision. The provision brings India at par with America’s North Atlantic Treaty Organization (NATO) ally for increasing defense cooperation. The National Defense Authorisation Act for the fiscal year 2020, that…

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Prevention of Money Laundering Act – Department of Revenue

PREVENTION OF MONEY LAUNDERING ACT – DEPARTMENT OF REVENUE For: Preliminary & Mains Topics covered: Prevention of Money Laundering Act, Amendments, Bill of 2011, Features News Flash The Rajya Sabha MP had challenged amendments to the Prevention of Money Laundering Act from 2015 onwards, through Finance Acts as ‘Money Bills’. What Before 2015, the PMLA was amended through Ordinary Bills as defined under Article 109 of the Constitution. Post-2015, the Act has…

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International Whaling Commission – Diligent IAS

INTERNATIONAL WHALING COMMISSION For: Mains Topics covered: International Whaling Commission, Indian Ocean Whale Sanctuary News Flash On the first day of Japan’s return to commercial whaling, two minke whales were killed. Killed whales were brought back to port for Commercial purposes. Commercial whaling was banned in a 1986 International Whaling Commission moratorium. However, Japan withdrew from the International Whaling Commission in December. Japan resumed commercial hunting in its territorial waters and economic zone.…

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Indian Medical Council (Amendment) Bill 2019

INDIAN MEDICAL COUNCIL (AMENDMENT) BILL 2019 For: Preliminary & Mains Topics covered: About the Medical Council Bill News Flash Indian Medical Council (Amendment) Bill 2019, was passed by a voice vote in the Lok Sabha. The Bill provides for supersession of the Medical Council of India. The government will soon come out with a National Medical Commission (NMC) Bill. The need of the Hour The Board of Governors, which had replaced the Medical…

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European Union nominate members to Head European Commission

EUROPEAN UNION NOMINATE MEMBERS TO HEAD EUROPEAN COMMISSION For: Preliminary & Mains Topics covered: Nominated members, European Union, European Council, European Commission News Flash European Union leaders nominated German Defence Minister Ms.Ursula von der Leyen to become the new president of the European Commission (bloc’s powerful executive arm). Frenchwoman Christine Lagarde was proposed as president of the European Central Bank. Spanish Foreign Minister Josep Borrell was nominated to become EU foreign policy chief.…

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