UPSC Daily Important Topic

What is a Bullion Exchange? Bullion ✓Bullion refers to physical gold and silver of high purity that is often kept in the form of bars, ingots, or coins. ✓Bullion can sometimes be considered legal tender and is often held as reserves by central banks or held by institutional investors. ✓The Government had notified in August […]

Challenges in Relation Of India – Iran ✓European sanctions linked to human rights and US sanctions linked to terrorism are still in place. ✓Embargoes on the sales and exports of conventional weapons and ballistic missile technology also remain. ✓US administration under president Trump has been dissatisfied with the nuclear agreement or JCPOA, lifting sanctions on

Swachh Sagar, Surakshit Sagar Campaign ∆It is the first-of-its-kind and longest running coastal cleanup campaign in the world with the highest number of people participating in it. ∆The Campaign will culminate on “International Coastal Clean-up Day” (17th September 2022). ∆The day aims to increase public awareness about the accumulation and negative impacts of litter in

Undisclosed Income— ✓It is the income which the assessee has not shown in his Income Tax Return and thereby not paid income tax on it. ✓It may include: any money, bullion, jewellery or other valuable article or thing or any income based on any entry in the books of account or other documents or transactions,

Investment Incentive Agreement (IIA) ∆This IIA supersedes the Investment Incentive Agreement signed between both the countries in the year 1997. ∆There have been significant developments since the earlier IIA was signed in 1997, such as the founding of a new organization called Development Finance Corporation (DFC). ✓DFC as a successor agency of the erstwhile Overseas

GatiShakti Sanchar” portal ✅About: The portal has been developed keeping in view the vision areas of the National Broadband Mission at the core, which are providing broadband infrastructure as a core utility to every citizen, Governance and services on demand, and in particular, digital empowerment of the citizens of the country. ✅Objective: The portal shall

What are the Government Initiatives for Metal Sector? ✓National Steel Policy (NSP) 2017. ✓Steel Scrap Recycling Policy. ✓PLI Scheme For Specialty Steel. ✓Mission Purvodaya: Accelerated Development of Steel Sector. ✓Steel Research and Technology Mission of India. ✓Adoption of the Fourth Industrial Revolution (Industry 4.0).

GOAL 2.0 ✓Goal 2 program will be open to all people from tribal communities. ✓In Phase-I, the digital mentorship was provided online by attaching one mentor to 2 mentees. Objective: ✓The program aims to upskill and digitally enable tribal youth via Facebook live sessions and Meta Business Coach, a digital learning tool. ✓There will be

Need: of DIGITAL BANK’S ∆Credit Gap: ✓The success India has witnessed on the payments front is yet to be replicated in meeting the credit needs of its micro, small and medium businesses. ✓The credit gap reveals a need for leveraging technology effectively to cater to these needs and bring the underserved further within the formal

NAMASTE scheme The Government has formulated a National Action Plan for Mechanized Sanitation Ecosystem- NAMASTE scheme for cleaning of sewers and septic tank. NAMASTE Scheme ✓The scheme is a joint venture of Department of Drinking Water and Sanitation, Ministry of Social Justice and Empowerment and the Ministry of Housing and Urban Affairs. ✓It aims to