[WpProQuiz 1030]
[WpProQuiz_toplist 1030]
UPSC 2022 countdown has begun! Get your personal guidance plan now! (Click here)
[WpProQuiz 1030]
[WpProQuiz_toplist 1030]
UPSC 2022 countdown has begun! Get your personal guidance plan now! (Click here)

India and Vietnam signed a MoU on mutual logistics support.

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The Defence Acquisition Council (DAC) has given the Acceptance of Necessity (AoN) for the procurement of next-generation Corvettes for the Indian Navy at an approximate cost of Rs 36,000 crore.
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A trial on 18 colorectal cancer patients in the US found that cancer could be treated without chemotherapy or surgery. The world is sitting up and taking note of Dostarlimab, which has been called a wonder drug.

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The RBI has proposed to allow the linking of credit cards with the Unified Payments Interface (UPI).
Note: MDR is a fee that a merchant is charged by their issuing bank for accepting payments from their customers via credit and debit cards.
Try this PYQ from CSP 2017:
Q.Which one of the following best describes the term “Merchant Discount Rate” sometimes seen in news?
(a) The incentive given by a bank to a merchant for accepting payments through debit cards pertaining to that bank
(b) The amount paid back by banks to their customers when they use debit cards for financial transactions for purchasing goods or services
(c) The charge to a merchant by a bank for accepting payments from his customers through the bank’s debit cards
(d) The incentive is given by the Government to merchants for promoting digital payments by their customers through Point of Sale (PoS) machines and debit cards
[wpdiscuz-feedback id=”jap9mp9zh2″ question=”Please leave a feedback on this” opened=”1″]Post your answers here.[/wpdiscuz-feedback]
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The National Commission for the Protection of Child Rights (NCPCR) has launched a “CiSS application” under the Baal Swaraj portal to help in the rehabilitation process of Children in Street Situations (CiSS).
It follows six stages framework for the rehabilitation of children.
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India has objected to a report, called the EPI, 2022, that places the country last (along with Nigeria) on a list of 180 countries on managing climate change, environmental health, and ecosystem vitality.
The Indo-Pacific region has been under pressure and East Asia, in particular, has had to weather repeated storms.
Given the complex nature of the threats and the challenges the Indo-Pacific faces, drawing up any strategy remains to be an uphill task.
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A rate hike in the monetary policy committee’s June meeting was a foregone conclusion after the spike in inflation and an off-cycle surprise interest rate hike on May 4.
Monetary tightening impacts growth with a lag of at least 3-4 quarters and the fact that real interest rates are negative and borrowing rates still below pre-pandemic levels, implies monetary policy is unlikely to be growth-restrictive for this year.
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The lesson emerging from the pandemic experience is that if India does not want a repeat of the immeasurable suffering and the social and economic loss, we need to make public health a central focus.
Resetting the system to current day realities requires strong political leadership to go beyond the inertia of the techno-administrative status quoist structures. We can.
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