Page-340 of GKToday
What is the ‘yen carry trade’?
Global equity markets experienced a severe downturn starting on Aug 05, causing significant declines in major markets from Tokyo to London. Japan’s Nikkei had its largest single-day drop since 1987, indicating a major systemic issue. What Happened on August 05, ..
Month: Current Affairs - August, 2024
Category: Economy & Banking Current Affairs
Maharashtra Approves Prisons and Correctional Services Bill
On July 12, 2024, the Maharashtra State government introduced the Maharashtra Prisons and Correctional Services Bill during the Legislative Assembly’s monsoon session. Although the Bill was not passed, it has been approved by the State Cabinet to be enacted as ..
Month: Current Affairs - August, 2024
Category: Legal & Constitution Current Affairs
Parliament Introduces Bill for Oil and Gas Policy Stability
The Oilfields (Regulation and Development) Amendment Bill, 2024, was introduced in the Rajya Sabha to improve investment in the oil and gas sector. The Bill aims to stabilize policies, facilitate international arbitration, and extend lease durations to address long-standing concerns ..
Month: Current Affairs - August, 2024
Category: Legal & Constitution Current Affairs
Unprecedented Glacier Retreat Observed Across The Andes
Recent research published in Science reveals an unprecedented retreat of glaciers in the Andes, surprising scientists who thought these changes would take decades to become apparent. This rapid glacier decline signals troubling climatic changes that could impact global environments. Study ..
Month: Current Affairs - August, 2024
Category: Environment Current Affairs
Goa Assembly Bill Introduced for Scheduled Tribe Reservation
On August 5, 2024, the Union government introduced a Bill in the Lok Sabha to reserve seats for Scheduled Tribes (STs) in the Goa Legislative Assembly, where currently no seats are allocated for them. The Bill is called the “Readjustment ..
Month: Current Affairs - August, 2024
Category: Legal & Constitution Current Affairs
Daily Current Affairs Quiz: August 6, 2024
31. What kind of missile is ‘Astra mark-1 (Mk-1) missile’, recently in news? [A] Surface-to-Air missile[B] Air-to-Air beyond visual range (BVR) missile[C] Air-to-Surface missile[D] Surface-to-Surface missile Show Answer Correct Answer: B [Air-to-Air beyond visual range (BVR) missile] Notes:The Indian Air ..
Jharkhand’s Mukhyamantri Maiya Samman Yojana – Recent Updates
To promote the Jharkhand Mukhyamantri Maiya Samman Yojana, four awareness chariots have been launched by Deputy Development Commissioner Manish Kumar and District Magistrate Ananya Mittal. These chariots will travel across Panchayats and Municipal bodies from August 3 to August 10, ..
Month: Current Affairs - August, 2024
Category: Government Schemes Current Affairs
Indian Air Force Approves Production of Astra Mark 1 Missiles
The Indian Air Force (IAF) has recently given Bharat Dynamics Limited (BDL) the go-ahead to manufacture 200 Astra Mark 1 air-to-air missiles. This is a big step forward for India’s homegrown missile production abilities. The decision was made when Air ..
Month: Current Affairs - August, 2024
Category: Defence Current Affairs
India-Indonesia Business Chamber Relaunches in Jakarta Ceremony
The Embassy of India in Jakarta and IndCham recently restarted the Indian Chamber of Commerce in Indonesia. This event attracted more than 150 members from important Indian and Indonesian companies, marking a key moment in boosting economic ties between the ..
Month: Current Affairs - August, 2024
Category: Summits and Conferences
Cities Set to Launch Rs 5,000 Crore AMRUT 2.0 Projects
The Atal Mission for Rejuvenation and Urban Transformation (AMRUT) 2.0 is an important project started in 2021 by the National Democratic Alliance (NDA) government. Its goal is to improve city infrastructure in India with a big investment. Funding and Scope ..
Month: Current Affairs - August, 2024
Category: India Nation & States Current Affairs