Lok Sabha passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2021 and proposed ‘pre-packs’ or Pre-packaged Insolvency Resolution Process (PIRP) as an insolvency resolution mechanism for Micro, Small and Medium Enterprises (MSMEs). Daily Current Affairs Quiz 2021 A pre-pack envisages the resolution of the debt of a distressed company through a direct agreement between secured… Read More »
Parliament recently passed the Juvenile Justice (Care and Protection of Children) Amendment Bill 2021. Daily Current Affairs Quiz 2021 The Lok Sabha has already passed the Bill. The Bill seeks to amend the Juvenile Justice (Care and Protection of Children) Act, 2015. The amendments include authorizing District Magistrate including Additional District Magistrate to issue adoption… Read More »
The Supreme Court struck down certain provisions of the Constitution (97th Amendment) Act, 2011 in so far as it introduced clauses dealing with the working of cooperative societies working within a state. Daily Current Affairs Quiz 2021 Recognising that ‘cooperative societies’ came under Entry 32 of the State List in the Seventh Schedule, the Amendment… Read More »
A special CBI court recently convicted two policemen for the custodial death of a murder accused, who had been burnt alive inside the police station. Daily Current Affairs Quiz 2021 The judgment relied heavily on the ‘dying declaration’ made by the victim prior to his death. The law presumes that no person will meet their… Read More »
Businessman Raj Kundra was arrested by the Mumbai Police on Monday in connection with an adult film racket. Daily Current Affairs Quiz 2021 The manufacturing, publishing and distribution of pornography is illegal in India under section 292, 293 of IPC. Child pornography is illegal and strictly prohibited across the country under section 67B of the… Read More »
Recently, Union minister Piyush Goyal has been appointed as the leader of the house in Rajya Sabha. The first Leader of House in Rajya Sabha was N. Gopalaswami Ayyangar. Daily Current Affairs Quiz 2021 Goyal replaces Thawar Chand Gehlot, who moved to Karnataka as the governor of the state following the recent cabinet reshuffle. The… Read More »
Government of West Bengal passed a resolution in the state assembly in favour of creating a legislative council in the state under Article 169 of the Constitution. Daily Current Affairs Quiz 2021 The resolution was passed with 196 votes in favour and 69 against it. The West Bengal Legislative Assembly has a strength of 294… Read More »
Union Minister for Fisheries, Animal Husbandry and Dairying, Shri Giriraj Singh launched the Online Course Mobile App “Matsya Setu”. Daily Current Affairs Quiz 2021 The app was developed by the ICAR-Central Institute of Freshwater Aquaculture (ICAR-CIFA), Bhubaneswar, with the funding support of the National Fisheries Development Board (NFDB), Hyderabad. The online course app aims to… Read More »
A separate ‘Ministry of Co-operation’ has been created by the Modi Government for realizing the vision of ‘Sahkar se Samriddhi’. Daily Current Affairs Quiz 2021 This ministry will provide a separate administrative, legal and policy framework for strengthening the cooperative movement in the country. It will help deepen Co-operatives as a true people based movement… Read More »
The government has extended the superannuation age of IPO-bound LIC Chairman to up to 62 years by making amendment to the Life Insurance Corporation of India (Staff) Regulations, 1960. Daily Current Affairs Quiz 2021 The changes made in the rules will be called the Life Insurance Corporation of India (Staff) Amendment Rules, 2021, according to… Read More »