Call Us Now

+91 9606900005 / 04

For Enquiry

legacyiasacademy@gmail.com

Fast Radio Bursts (FRB)

Context: A strange radio signal (called Fast Radio Bursts) has been detected in a galaxy several billion light-years from Earth, a recent study claimed. Relevance: GS III- Science and Technology Dimensions of the Article: What is an FRB? Why are they significant? What is an FRB? Since the first FRB was spotted in 2007, researchers […]

RBI Seeks Ban on Cryptocurrency

Context:   The Reserve Bank of India (RBI) has recommended a ban on cryptocurrencies citing ‘destabilising effects’ for the country’s monetary and fiscal health. China has declared all cryptocurrency transactions illegal, effectively imposing a complete ban, whereas El Salvador has permitted Bitcoin as legal tender. Relevance: GS III- Indian Economy Dimensions of the Article: What is the state […]

 The Outrage Over the New National Emblem

 The Outrage Over the New National Emblem

Context: Prime Minister recently gave the nation a first glimpse of the national emblem atop the new Parliament House coming up as part of the Central Vista Project. The first look at the new 6.5 metre bronze emblem disappointed many with its alleged inaccuracies in depiction. Relevance: GS II- Polity and Governance Dimensions of the […]

Current Affairs 20 July 2022

Current Affairs

CONTENTS The outrage over the new ‘National Emblem’ RBI Seeks Ban on cryptocurrency Minimum Support Price Fast Radio Bursts (FRB)  The Outrage Over the New ‘National Emblem’ Context: Prime Minister recently gave the nation a first glimpse of the national emblem atop the new Parliament House coming up as part of the Central Vista Project. […]

PIB Summaries 20 July 2022

PIB Analysis

CONTENTS About FAME-II Rashtriya Gram Swaraj Abhiyan Mangal Pandey NAMASTE scheme About FAME-II Focus: GS III- Indian Economy (Infrastructure) Why in News? The Ministry of Heavy Industries has sanctioned 2,877 Electric Vehicle Charging Stations in 68 cities across 25 States/UTs under Phase-II of FAME India (Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in […]

Orderly Transition From Coal to Renewables

Context Following the Ukraine-Russia war, commodity prices, particularly energy prices, have risen globally, raising concerns about energy security. Additionally, in 2021, India’s thermal power plants had an average of four days’ worth of coal stock against a recommended level of 15-30 days, with a number of states expressing concerns about blackouts due to the coal […]

The Rupee Fall: Where It Is Heading

Context When the rupee depreciates, buying (importing) something from outside India becomes costlier. But if one is trying to sell (export) goods and services to the rest of the world (especially the US), a falling rupee makes India’s products more competitive. Relevance Mains GS Paper III: Fiscal policy, Monetary policy, Impact of free fall of the […]

Prime Minister’s National Relief Fund(PMNRF)

Focus: Welfare schemes for vulnerable Sections Why in News? The Prime Minister has announced an ex-gratia of Rs. 2 lakh each from Prime Minister’s National Relief Fund (PMNRF) for the next of kin of those who lost their lives due to the bus tragedy in Dhar, Madhya Pradesh. The injured would be given Rs. 50,000. […]

What is Goods and Services Tax (GST) ?

What is Goods and Services Tax (GST) ?

Focus: GS II- Indian Economy Why in News? Customers will have to pay a 5% Goods and Services Tax (GST) on pre-packed, labelled food items such as atta, paneer and curd, besides hospital rooms with rents above ₹5,000. What is GST? GST is a destination-based indirect tax and is levied at the final consumption point. […]