UPSC Daily Important Topic

New species of bamboo-dwelling bat found in Meghalaya- ✅Scientists have discovered a new species of bamboo-dwelling bat in Ri Bhoi district of Meghalaya. ✅The species, found near the forested patch of Nongkhyllem Wildlife Sanctuary, has been named  Glischropus meghalayanus ● About the newly discovered bat: ✅It is small in size and has a dark brown […]

National Mission for Manuscripts ✓The National Mission for Manuscripts (NMM) was launched in February 2003 by the Government of India with the mandate of documenting, conserving and disseminating the knowledge preserved in the manuscripts. ✓A manuscript is a handwritten composition on paper, bark, cloth, metal, palm leaf or any other material dating back at least

Negative Yield Bonds: ✓Are debt instruments that offer to pay the investor a maturity amount lower than the purchase price of the bond. ✓These are generally issued by central banks or governments, and investors pay interest to the borrower to keep their money with them. Reasons behind buying Negative Yield Bonds: ✓To create a diverse

Senior Citizen Savings Account ✓ the 5-year ​​Senior Citizen Savings Account can be opened by anyone who is over 60 years to age. ✓It carries an interest of 7.4% per annum payable quarterly and qualifies for Section 80C tax benefit. ✓These time-tested and safe modes of investments don’t offer quick returns, but are safer when

The Teesta Dispute ✓Historically, the root of the disputes over the river can be located in the report of the Boundary Commission (BC), which was set up in 1947 under Sir Cyril Radcliffe to demarcate the boundary line between West Bengal (India) and East Bengal (Pakistan, then Bangladesh from 1971). ✓During East Bengal’s days as

ATMA Scheme or Agricultural Technology Management Agency scheme ✓is a centrally sponsored scheme that is being implemented since 2005. It is also known as Support to State Extension Programs for Extension Reforms. ✓The scheme looks to set up a decentralized agriculture extension system. ✓It provides grants in aid to state governments to enable the availability

Windfall tax ✓A windfall tax is a higher tax rate on sudden big profits levied on a particular company or industry. ✓Domestic producers sell crude oil to domestic refineries at international parity prices, thus making windfall gains. ✓ONGC reported bumper profits in the March quarter (when international prices soared to a near 14-year high of

Government Initiatives for Controlling Anaemia ✓Weekly Iron and Folic Acid Supplementation (WIFS): This Programme is being implemented to meet the challenge of high prevalence and incidence of anaemia amongst adolescent girls and boys. The intervention under WIFS includes supervised weekly ingestion of Iron Folic Acid (IFA) tablets. To control worm infestation, biannual deworming with Albendazole

Small Savings Scheme ✓Small Savings Schemes are a set of savings instruments managed by the central government with an aim to encourage citizens to save regularly irrespective of their age. ✓They are popular as they provide returns higher than bank fixed deposits, sovereign guarantee and tax benefits. ✓Since 2016, the Finance Ministry has been reviewing

UNCTAD ✓United Nations Conference on Trade and Development (UNCTAD) was established in 1964 to promote development-friendly integration of developing countries into the world economy. ✓UNCTAD is a permanent intergovernmental body headquartered at Geneva in Switzerland. ✓Some of the reports published by it are: Trade and Development Report World Investment Report The Least Developed Countries Report