CURRENT AFFAIRS

Keep yourself updated with latest news, currents affairs & exams notifications

  • Vaid's ICS, Lucknow
  • 29, Sep 2021
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China and Central & Eastern European (CEE) 17+1 mechanism

Why in news?Context:Lithuania has justified it’s decision to pull out of the China and Central & Eastern European (CEE) 17+1 mechanism, which is seen as a pro-China grouping of countries within the EU. It has also denied that the decision came because of U

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  • Vaid's ICS, Lucknow
  • 28, Sep 2021
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Chang’e-5 probe

Why in news?Early-stage findings of Chang’e-5 probe, which use geological mapping to link ‘exotic’ fragments in the collected samples to features near the landing site, were recently presented by China.Background:Chinese spacecraft carrying rocks and soil

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  • Vaid's ICS, Lucknow
  • 27, Sep 2021
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Basel Ban Amendment

Why in news?The 1995 Basel Ban Amendment, a global waste dumping prohibition, has become an international law after Croatia ratified it on September 6, 2019.Basel Convention:The Basel Convention on the Control of Transboundary Movements of Hazardous Wastes&

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  • Vaid's ICS, Lucknow
  • 24, Sep 2021
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NEW UMBRELLA ENTITY (NUE)

Why in News?The private companies have shown interest in setting up New Umbrella Entities (NUEs) for payment systems – an idea floated by the Reserve Bank of India (RBI).The aim is to create an alternate mechanismto the existing 

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  • Vaid's ICS, Lucknow
  • 22, Sep 2021
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Financial Inclusion Index- 2021

Why in News?Recently, the Reserve Bank of India (RBI) has unveiled the first composite Financial Inclusion Index (FI-Index).The annual FI-Indexfor the financial year ended March 2021 crossed the halfway mark to 53.9, as compared to 43.4 for the

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  • Vaid's ICS, Lucknow
  • 22, Sep 2021
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National Strategy for Financial Education (NSFE)

Why in News:The Reserve Bank of India (RBI) has released the National Strategy for Financial Education (NSFE) for the next five years (2020-2025) to disseminate financial education in the country.Under this, the central bank has recommended a ‘5-Core Actions

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  • Vaid's ICS, Lucknow
  • 21, Sep 2021
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Sea Snot outbreak

Why in News?The largest Sea Snot outbreak is being witnessed in Turkey’s Marmara Sea, which connects the Black Sea to the Aegean Sea.This outbreak of mucilage is believed to be one of the largest on record, till date, and has created havoc along the country’s coastline

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  • Vaid's ICS, Lucknow
  • 21, Sep 2021
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National Trust

Why in News?The Ministry of Social Justice & Empowerment had recently organised meetings with officials and other stakeholders of Jammu & Kashmir and Ladakh for implementation of National Trust Act, 1999.This act looks into the welfare of people with autism, cerebra

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  • Vaid's ICS, Lucknow
  • 21, Sep 2021
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IPO Grey Market

The digital payments and financial services firm Paytm has announced that it will raise investment through an initial public offer (IPO) from the Grey market.What is Grey Market IPO?Grey Market IPO is an unofficial market where individuals buy/sell IPO shares or applications&nbs

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  • Vaid's ICS, Lucknow
  • 20, Sep 2021
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Boost to Man-Made Fibre Sector (MMF)

Why in News?Indian policy makers who had preferred cotton based textile policy over the decades are significantly moving towards man-made fibre sector (MMF)How is the textile market of India?India is the largest producer of cotton in the world accounting for 25% of g

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