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Current Affairs :

Sunderban Wetlands

Why is it in News?

Indian Sundarbans was accorded the status of ‘Wetland of International Importance’ under the Ramsar Convention in January 2019. Also, Sundarbans is constantly in news for tiger habitats facing extinction.


PSLV C45

Why is it in News? The Indian Space Research Organisation (ISRO) launched the PSLV-C45 rocket on 1st April 2019 that carried one Indian (EMISAT) and 28 international satellites into space


Laffer Curve

  • This curve explains correlation between tax rate and tax revenues.
  • It states that if tax rates are very high, reducing them up to a point optimizes tax revenues as it will lead to lesser evasion and better compliance.

Phillip’s Curve

Why is it in News?

  • Some economists are of the view that inflation in India is under control as the unemployment rate is high, and the relation between inflation and unemployment rate is depicted by the Phillip’s curve.

Yield Curve

Why is it in News?

Yield curve in the US has inverted for the first time since mid 2007- a shift that has in past signaled recession.


Beti Bachao Beti Padhao

About the Scheme (BBBP)

  • BBBP Scheme is a Central Sector Scheme with 100% financial assistance from the Centre.

Forex Swap

Why is it in News?

RBI, for the 1st time, has resorted to forex swap mechanism to adjust the liquidity in the market.


Anti-Satellite Missile Test (ASAT) - Mission SHAKTI

Why is it in News?

India became the 4th country in the world to have the Anti-satellite Missile System.


National Skill Development Corporation (NSDC)

Why is it in News?

In a recent report NSDC has pointed out that Skill India Mission is overly dependent on short term courses and shall focus on long term courses to make it more productive.


Financial Intelligence Unit – India (FIU-IND)

Why is it in News?

FIU-IND is in news due to recent arrest and auction of the properties of fugitive jeweler Nirav Modi.


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