Daily Current Affairs  – 7 April 2022

In News  The QS World University Rankings 2022 were released recently . Five IITs, two IIMs, Jawaharlal Nehru University and Delhi University are among the 16 higher education institutes in India that collectively offer 35 programmes which globally rank among the top 100 in their respective subject categories. About QS Rankings Quacquarelli Symonds(QS)is a UK […]

In News The Reserve Bank of India said it has decided not to activate the countercyclical capital buffer at this point in time as it is not required. About Countercyclical capital buffer Background:  The RBI had proposed the CCCB for Indian banks in 2015 as part of its Basel-III requirements; it hasn’t actually required the […]

In News  Recently, the Parliament has passed the Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Bill, 2022 . Major Feature  The Bill seeks to amend the Chartered Accountants Act, 1949, the Cost and Works Accountants Act, 1959 and the Company Secretaries Act, 1980.  It changes the disciplinary mechanism under the […]

In News  Recently, Asian Development Outlook (ADO) 2022 was released . Major Findings Asian Development Bank projected a seven per cent collective growth for South Asian economies in 2022 with the sub-region’s largest economy India growing by 7.5 per cent in the current fiscal year before picking up to eight per cent the next year. […]

In News The three-year short service or ‘Tour of Duty’ for youth in the armed forces is likely to be announced soon. What is a Tour of Duty? Meaning: It means hiring a youth in the armed forces for a short span of 3-5 years. The idea of hiring jawans on a three-year contract was […]

In News Chief Justice of India N V Ramana has assured petitioners that the Supreme Court will take up for hearing a pending plea challenging the Electoral Bond Scheme, 2018.  Two NGOs — Common Cause and Association for Democratic Reforms (ADR) — have challenged the scheme, alleging that it is “distorting democracy”.  Electoral Bonds Scheme […]

In News  Recently, the Ministry of Electronics and Information Technology has formed an advisory committee of experts to carry forward the country’s vision of making India a global leader in semiconductor manufacturing, design and innovation. Advisory Committee About: The Committee is mandated to provide key inputs for building a resilient supply chain, promoting investments, financing […]

In News Recently, the Central government has questioned the legislative competence of the Odisha government to bring the 11th-century Lingaraj temple in Bhubaneswar under a special law.  Ordinance by State Government The ordinance, approved by the Odisha government in 2020, aims to govern the Lingaraj Temple complex with a separate law akin to that of […]

In News The Haryana Assembly has passed a resolution seeking completion of the Sutlej Yamuna Link Canal (SYL) Canal, bringing back into focus the contentious issue of sharing of river waters between Haryana and Punjab. About the Canal History: In 1982, then Prime Minister Indira Gandhi launched the construction of the SYL Canal with a […]

In News Recently, the Australia, United States and United Kingdom alliance made an announcement to develop hypersonic missiles. About They will work together via the security alliance known as AUKUS to develop hypersonic missiles.  It is a very fast system that cannot be intercepted by any current missile defence system. The move comes amid growing […]