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Konyak Dance & Konyak Tribes

Why is it in News?

On 5th April, 2019, around 4,700 Konyak Naga women came together in an attempt to set a Guinness World Record for the ‘Largest Traditional Konyak Dance’ in the world.


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Komodo Dragon

Why is it in News?

Indonesia has decided to shut down the Islands which is inhabited by Komodo Dragons in order to fix the problems created by mass tourism and smuggling.


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3D Printed Artificial Reef

Why is it in News?

Scientists are studying the pros and cons of the world’s largest 3D Printed Artificial Reef in Maldives.


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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.


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Global Findex Database

Why is it in News?

According to the Global Findex Database 2017, there has been a significant progress in the last five years which implies a humble growth in the microfinance sector of the country.


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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


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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.


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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.

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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.

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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.


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