PIB Summaries 04 January 2023
CONTENTS SMART Program Focus: GS II: Government Policies and Interventions Why in News? Recently, the National Commission for Indian System of Medicine (NCISM) and the Central Council for Research in Ayurvedic Sciences (CCRAS), the two prominent institutions under the Ministry of Ayush, have launched ‘SMART’ program. About SMART Program Asian Pacific Postal Union Focus: Facts […]
Static Quiz 04 January 2023 (History)
The Subjective Theory of Value
The subjective theory of value is an economic theory states that prices of goods and services in a market are determined by the subjective preferences of consumers. The theory was proposed by Carl Menger, William Stanley Jevons, and Leon Walras in the 19th century. It disputes the cost theory of value, which states […]
About SAIME Initiative
Context: In Sundarbans, a new shrimp farming initiative offers hope for mangrove restoration. Relevance: GS III: Science and Technology Dimensions of the Article: About SAIME Initiative Significance of the Sundarbans Delta Mangrove Forests: Presence and Significance How are Mangrove Forests Useful? Types of Mangrove Trees The current state of the mangroves -Source: Indian Express
Crypto Awareness Campaign
Context: The Investor Education and Protection Fund (IEPF) will launch an outreach programme soon to create awareness of cryptocurrencies. Relevance: GS III- Indian Economy Dimensions of the Article: What are cryptocurrencies? How are they different from actual currency? How do cryptocurrencies derive their value? What is the state of cryptocurrency right now? What are the […]
Satyendra Nath Bose
Context: Born on January 1, 1894, Bose collaborated with Einstein to develop what we now know as the Bose-Einstein statistics. We take a look at the Indian physicist’s illustrious legacy and stellar achievements. Relevance: GS I: History Dimensions of the Article: About Satyendra Nath Bose During World war I: Association with Einstein Invention of Boson […]
Deep Tech Startups
Context: Government will launch the Digital India Innovation Fund to support deep tech startups. Relevance: GS III: Science and Technology Dimensions of the Article: About Deep Tech: Characteristics of Deep Tech: State of India’s Deep Tech Startups Problems with Deep Technology -Source: PIB, The Hindu
Supreme Court’s Verdict on Demonetisation
Context: Recently, A majority of four judges on a Constitution Bench of the Supreme Court found no flaw in the Union government’s process to demonetise ₹500 and ₹1,000 banknotes through a Gazette notification issued on November 8, 2016. Relevance: GS-III: Indian Economy (Fiscal Policy, Government Policies and Initiatives) Dimensions of the Article: What is the […]
India Requires A Mindset Shift To Improve Road Safety
Context Relevance GS Paper-2: Government policies and interventions for development in various sectors. GS Paper-3: Infrastructure financing and Capital markets, role of financing institutions. Mains Question The increased cases of road accidents in India call for a dire action plan of addressing road safety issues and accountability fixing at every level. Discuss (250 words) A Quick Look […]
The New Global Biodiversity Framework
Context Member countries adopted the “Kunming-Montreal Global Biodiversity Framework” (GBF) at the 15th Conference of Parties (COP15) of the Convention on Biological Diversity (CBD), which includes four goals and 23 targets to be met by 2030. Relevance: GS Paper-3: Environment, Biodiversity and its Conservation; International Conventions Mains Question What exactly is the Global Biodiversity Framework (GBF)? […]