RBI’s “Payment Systems Vision 2021”

RBI’S ‘PAYMENT SYSTEMS VISION 2021 Topic covers Preliminary: Key Features Mains: Aim, Advantages, Vision 2019-2021, core areas, Payment Council of India, IAMAI News Flash The RBI’s ‘Payment Systems Vision 2021’ document would act as a catalyst for promoting digital economy and instill confidence among the general public. The RBI will implement the approach outlined in the document during the period 2019 – 2021. Aim To make a ‘cash-lite’ society. Ensure safe, secure, convenient,…

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First profile of Ultima Thule

FIRST PROFILE OF ULTIMA THULE Preliminary: What is Ultima Thule Mains: NASA’s findings News Flash NASA has found evidence for a unique mixture of methanol, water ice, and organic molecules on Ultima Thule’s surface–the farthest world ever explored by mankind. Analysing just the first sets of data gathered during the New Horizons spacecraft’s New Year’s 2019 flyby of the Kuiper Belt object 2014 MU69– Ultime Thule unveil much about the object’s development, geology…

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Iran quadrupled its Uranium-enrichment production capacity

IRAN QUADRUPLED ITS URANIUM-ENRICHMENT PRODUCTION CAPACITY Topic covers Preliminary: Uranium – its uses and occurrence Mains: Why it’s happening, Key issues, 2015 Nuclear Deal, Uranium News Flash Iran quadrupled its uranium-enrichment production capacity amid tensions with the U.S. over Tehran’s atomic program. Highlights Tehran has set a July 7 deadline for Europe to set new terms for the deal, or it will enrich closer to weapons-grade levels in the Middle East that…

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Ankasamudra Bird Conservation Reserve

ANKASAMUDRA BIRD CONSERVATION RESERVE For: Preliminary Topic covers: Bird Reserve, Reserve, Birds conservation News Flash Wildlife conservation activities, has written a letter to the Panchayat Chief Executive Officer urging him not to establish the eco-park near the conservation reserve and shift the proposal to another suitable place, apprehending that it would pose a threat to a wide variety of birds roosting and nesting there. Activists also apprehends that the establishment of the eco-park…

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United Nation Human Rights Council (UNHRC)

UNITED NATION HUMAN RIGHTS COUNCIL (HRC) For: Mains Topic covers: India’s strong response to UNHRC Special Rapporteurs, OHCHR News Flash Responding irately to a submission from the Geneva-based Human Rights Council (HRC) on alleged violation in Jammu and Kashmir, India has informed the United Nations body that it will never again engage any communication with the HRC’s Special Rapporteurs on its report. The report from the UN body came at the same time…

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Services Trade Restrictiveness Index (STRI)

SERVICES TRADE RESTRICTIVENESS INDEX (STRI) For: Preliminary & Mains Topic covers: STRI, India’s stand on Issues & Problems, Solutions & development of new methods, OECD News Flash India has found problems with the current method under which the Organisation for Economic Cooperation and Development (OECD) ranks countries based on their services trade policies, indicating the outcomes are biased and counter-intuitive. The 2018 edition covers a total of 45 economies (36 OECD and the…

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7th Economic Census

7th ECONOMIC CENSUS For: Preliminary & Mains Topic Covers: EC – Objectives & advantages News Flash The statistics ministry has decided to use mobile phone application for conducting 7th economic census beginning next month (June), which will speed up the process of data collection and analysis. There will be two rounds of supervision to ensure quality of the census. The Ministry of Statistics and Programme Implementation (MoSPI) partnered with CSC e-Governance services India…

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Comprehensive Test Ban Treaty Organisation

COMPREHENSIVE TEST BAN TREATY ORGANISATION For: Preliminary & Mains Topic covers: CTBT, CTBTO, CTBT Benefits to India News Flash In a renewed effort, the Comprehensive Nuclear Test Ban Treaty Organisation (CTBTO) has offered India an ‘Observer’ status and access to state-of-art International Monitoring System (IMS) data. Benefits to India Being an observer would give India access to data from the International Monitoring System — a network which when complete will consist of…

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Action plan on Utilization of treated wastewater

ACTION PLAN ON UTILIZATION OF TREATED WASTEWATER For: Preliminary & Mains Topic covers: Action Plan to be submitted soon, Concern to waste water treatment, World water development report-2017 News Flash The National Green Tribunal has directed 18 states and two Union Territories to submit action plan to ensure utilisation of treated wastewater to reduce pressure on the groundwater resources throughout the country. Only nine states and five UTs have submitted the action plan.…

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Shrinking Moon generating Moonquakes

SHRINKING MOON GENERATING MOONQUAKES For: Preliminary & Mains Topic covers: Lunar Reconnaissance Orbiter (LRO)/ Camera (LROC), Findings of study, Objectives & importance News Flash The Moon is shrinking as its interior cools — getting over 50 metres skinnier through the last several hundred million years — and causing quakes on the lunar surface, according to an analysis of imagery captured by NASA’s Lunar Reconnaissance Orbiter. How study carried out? The researchers/ scientists…

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