Daily Current Affairs  – 3 January 2022

Context Over 200 Hindu pilgrims from India, the US and the Gulf prayed at the 100-year-old renovated Maharaja Paramhans Ji mandir in northwest Pakistan. About Maharaja Paramhans Ji Born in 1846 in Chhapra (Bihar). His parents died when he was only five years old, and he was brought up by a Kayastha family. He was […]

In News  Researchers from SNM College Maliankara, the M.S. Swaminathan Research Foundation, and the Payyanur College have reported two new plant species from the biodiversity-rich Western Ghats regions in Thiruvananthapuram and Wayanad districts. About Fimbristylis sunilii and Neanotis prabhuii They have been christened Fimbristylis sunilii and Neanotis prabhuii. They collected from the grasslands of Ponmudi […]

In News Recently, the Prime Minister of India remembered the brave Rani Velu Nachiyar on her birth anniversary.  Image Courtesy:lokmatnews About Rani Velu Nachiyar  Born on January 3, 1730, in Ramanathapuram, Tamil Nadu, India, She was the first queen to fight against the British colonial power in India.  She is known by Tamils as Veeramangai. […]

In News  Recently, the Reserve Bank of India  released the 24th issue of the Financial Stability Report (FSR). About Financial Stability Report (FSR) It is published by RBI bi-annually on behalf of the Financial Stability and Development Council, an umbrella group of regulators which gives an overview of the health of India’s financial system. It […]

In News Trade barriers between most countries in the Asia Pacific will be lowered significantly from January 1 as the world’s largest free trading bloc opens for business. It includes China and excludes the U.S.  About RCEP Trade bloc: The Regional Comprehensive Economic Partnership (RCEP) is a trade deal between the 10-member Association of Southeast […]

In News The government released a draft national policy for air sports in the country that will require entities providing these services and their equipment to be registered, as well as be liable for penalties. Major Highlights Two-tier governance structure: The policy proposes a two-tier governance structure for air sports in the country, which will […]

In News  Recently ,the government has accepted the report of a three-member panel constituted to revisit the Economical Weaker Section (EWS) criteria Background  Petitions have been filed in the Supreme Court  challenging the income criteria for the EWS quota in the NEET exam that determines admissions to medical colleges. A special committee set up to […]

In News Recently, the government has started discussions to put in place a resolution mechanism to deal with insolvency of firms in the financial sector.  About A modified version of the Financial Resolution and Deposit Insurance (FRDI) Bill —  which was withdrawn in 2018 due to its controversial provision of bail-in that was perceived as […]