What is the Marine Protected Area? A marine protected area (MPA) is essentially a space in the ocean where human activities are more strictly regulated than the surrounding waters – similar to national parks we have on land. These places …
CONTEXT Recently, India and the Philippines signed the “Implementing Arrangement” for “procurement of defence material and equipment procurement”. This agreement lays the groundwork for sales of defence systems such as the highly anticipated export of the BrahMos cruise missile, through …
CONTEXT In the recent Budget session, the Union government announced its intent to privatise Public Sector Banks (PSBs), citing improving efficiency as the reason for this move. But there is no clarity, whether privatisation brings efficiency or reduces associated risks. …
everyday life NEWS Without adequate safeguards, AI can widen social and economic schisms, leading to discriminatory outcomes. AI’S EXPONENTIAL GROWTH AI is embedded in the recommendations we get on our favourite streaming or shopping site; in GPS mapping technology; in …
Why in News? A recent study has revealed that lightning strikes during the first billion years after the planet’s formation roughly 4.5 billion years ago may have freed up phosphorus required for the formation of biomolecules essential to life and …
About Swamp Deer or Barasingha It is the state animal of Uttar Pradesh and Madhya Pradesh. The swamp deer differs from all other Indian deer species in that the antlers carry more than three tines (spikes). Because of this distinctive …
What is NPA? A non performing asset (NPA) is a loan or advance for which the principal or interest payment remained overdue for a period of 90 days. Banks classify NPAs further into Substandard, Doubtful and Loss assets. Substandard assets: …
What’s in the news? The Union Cabinet has cleared the introduction of a bill to set up a Development Financial Institution (DFI) to finance long-term funds to infrastructure projects as well as for development needs of the country. The government …
About The Indian Common Crow Butterfly is a common butterfly found from South Asia to Australia. It is one of the most common migrating butterfly species. Males and females in equal proportions have been seen to migrate. This species can …
About Great Indian Bustard (GIB) is one of the heaviest flying birds endemic to the Indian subcontinent. IUCN Status : Critically Endangered. Listed in Schedule I of the Indian Wildlife (Protection) Act, 1972, and in Appendix I of CITES. The …