The Prime Minister inaugurated the year-long celebrations commemorating the 200th birth anniversary of Maharishi Dayanand Saraswati, at Indira Gandhi Indoor Stadium, Delhi. He also released a logo for commemoration.
Azadi Ka Amrit Mahotsav:
Recently, the Supreme Court (SC) reserved its judgment on whether children born out of invalid, void and voidable Hindu marriages can inherit their parents’ ancestral property.
Provisions related to Inheritance in India:
Timeline for Inheritance laws:
The Reserve Bank of India (RBI) asked all regulated entities (REs), including banks and NBFCs, to give personal loan borrowers an option to switch over from a floating rate to a fixed rate regime at the time of resetting interest rates.
What is floating exchange rate?
Changes made by RBI:
The RBI asked banks to implement the following regulations:
Why has RBI issued new regulations?
Benefits of Fixed rate regime:
With the increasing challenges posed by climate change, population growth and evolving market dynamics, the need for sustainable, smart, yet localised agricultural practices has become more pressing than ever before.
What is Smart and Youth-centric Agriculture?
Smart farming is a management concept focused on providing the agricultural industry with the infrastructure to leverage advanced technology – including big data, the cloud and the internet of things (IoT) – for tracking, monitoring, automating and analyzing operations.
How it can be beneficial?
How involvement of youth can be achieved?
Government Initiatives on similar lines:
To prevent death of elephants due to train hits, the East Coast Railway (ECoR) has decided to install intrusion detection systems (IDS) at the sensitive locations of elephant passing zones and elephant corridors in Odisha.
What is Intrusion detection system (IDS)?
Need of such an initiative:
Status of Elephants in India:
Other Steps taken for Elephant conservation:
The monsoon trough, an elongated low-pressure area that was to the north of its normal position, causing heavy rainfall over Himachal Pradesh and Uttarakhand, has gradually started moving south, as per the India Meteorological Department.
What is Monsoon Trough?
Chief Minister Ashok Gehlot inaugurated 1000 new Indira Rasois in the Rajasthan.
About the scheme:
But the popularity of Indira Rasois has affected small vendors and restaurant owners whose unique selling point is affordability.
The Reserve Bank of India (RBI) has launched a centralized web portal to help citizens search for their unclaimed deposits, known as UDGAM (Unclaimed Deposits – Gateway to access information).
About the portal:
Surgeons at NYU Langone Health have transplanted a ‘Pig kidney Xenotransplantation’ that continues to function well after 32 days in a man declared dead by neurologic criteria and maintained with a beating heart on ventilator support.
About the Process:
The Central government undertook the challenging task of refining the IPC for enhanced precision, clarity, and accessibility. While some progress has been made, certain aspects of the new code's definition clauses remain unchanged for most crimes, merely combining penal and definition sections which is drawing criticism.
New Reforms and idea
Perspectives of Change
Criticism surrounding changes
Recently a group of researchers at Korea University, in Seoul, announced that they had discovered a “room-temperature superconductor”, a material named Lk-99, which has debunked claims after made scrutinized by scientific community.
About the Information
Reasons and Proof of false claims
Key reasons of failure:
BRICS prepares to host its 15th annual summit from August 22 -24 at Johannesburg in South Africa.
Growing clout of BRICS
BRICS and creation of multipolar world
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