Daily Current Affairs  – 19 December 2022

In News the government is planning to regulate imports of “non-essential items” through hikes in import duties because a slowdown in exports is being seen as a cause of concern in the context of a widening trade deficit.  Import duty It is also known as customs duty, tariff, import tax, or import tariff. It is […]

In News Recently, the 25th Eastern Zonal Council meeting was held in Kolkata which was presided over by the Home Minister. About Eastern Zonal Council It comprises the states of Bihar, Jharkhand, Odisha, Sikkim and West Bengal. What are Zonal Councils? The idea of creation of Zonal Councils was mooted by the first Prime Minister […]

In News Four revolutionaries of the Indian independence movement were hanged on December 17 (Rajendranath Lahiri) and December 19 (Ashfaqullah Khan, Ram Prasad Bismil, Thakur Roshan Singh) in 1927. This came two years after the Kakori Train Robbery, in which members of the Hindustan Republican Association (HRA) had looted a train transporting money to the […]

In News  The second of the Project 15B stealth-guided missile destroyers built by Mazagon Dock Shipbuilders Limited (MDSL), INS Mormugao (Pennant D67), was commissioned into the Indian Navy. INS Mormugao History: Named after the historic port city of Goa on the west coast. Launched on September 17, 2016, and commenced sea trials in 2021, coinciding […]

In News The 2022 Nobel Prize for physics was awarded for work that rigorously tested and paved the way for its applications in computing which shows the importance of Quantum computing in contemporary times. What is Quantum Computing? Meaning: Quantum computers mimic the behaviour of atoms and subatomic particles to drastically increase processing speed.  These […]

In News Recently, India pushed for a new fund to reverse biodiversity loss at the U.N. biodiversity conference (COP-15) in Canada’s Montreal. Key Points of CBD CoP 15 Global Biodiversity Framework (GBF):  The draft GBF, set to replace the Aichi Biodiversity Targets, comprises 22 targets and four goals proposed for 2030—a stepping stone to the […]

In News Recently, in  the North East Council (NEC) meeting, the PM of India has said that red cards have been shown to challenges in the Northeast region, including corruption, political nepotism and unrest. Centre’s Stand and Efforts The government is working towards bringing peace in the region and in solving the conflicts. E.g., ongoing […]

In News Recently, the 48th GST Council meeting was held which recommended decriminalising certain offences under Section 132 of the Central Goods and Services Tax (CGST) Act, 2017. ? There were also some other recommendations which included for the facilitation of trade, include an increased threshold of the amount of tax for prosecution, reducing the […]