GS1: World History
- Victory Day: Why Russia celebrates WWII triumph on a different date Victory Day marks the end of World War II and the victory of the Allied Forces in 1945. Adolf Hitler had shot himself on April 30. On May 7, German troops surrendered, which was formally accepted the next day, and came into effect on May 9.
- Explained: How Manipur defections put focus on Speakers’ powers to disqualify According to paragraph 2(1)(a) of the Tenth Schedule of the Constitution, an elected member of the house shall be disqualified from being a member if they win the election as a candidate of one party and then join another. The power for this disqualification is vested in the Speaker, who is usually a nominee of the ruling party. The anti-defection law, referred to as the Tenth Schedule, was added to the Constitution through the Fifty-Second (Amendment) Act, 1985.
- Union HRD Minister virtually launches ‘YUKTI 2.0’ platform for Higher Education Institutes in New Delhi(PIB) Earlier, the Minister had launched the YUKTI (Young India combating COVID with Knowledge, Technology and Innovation) web portal on 11 April, 2020. Ministry of HRD prepared the portal in view of Coronavirus.
GS2: International Relations
- Explained: How US pause on H1-B visas will hit Indian companies(IE); H-1B: Person is Specialty Occupation: To work in a specialty occupation. Requires a higher education degree of its equivalent. Includes fashion models of distinguished merit and ability and government-to-government research and development, or co-production projects administered by the Department of Defence.
- Why Trump’s visa restrictions will have limited impact on Indian IT(Mint) Most IT vendors have transitioned to the work-from-home (WFH) delivery model, fulfilling on-site work demands from remote locations. Even project transitions have been handled from remote locations.
- The tale of two economies: what changed in 30 yrs(Mint) Until 1990, India’s per capita income was higher than that of China. However, data from the World Bank shows that India’s per capita income, as of 2019, is about a fifth of China’s. What changed in the last three decades?
- Money supply surge signals uncertainty amid pandemic(TH) According to RBI data, M3 money supply rose 6.7% in the first five months compared with the same period last year, the highest growth in seven years.Currency in circulation, which measures money with the public and in banks, has also surged.
- Explained: Why has the US accused Air India of unfair practices?(IE) According to the International Civil Aviation Organization (ICAO), a specialised agency of the United Nations, there are nine freedoms of the air. These rights generally operate on a bilaterally reciprocal basis. However, in certain cases, some handicaps are imposed on capacity allowed from one country to another.
- Information about Country of Origin by the sellers made mandatory on GeM to promote Make in India and Aatmanirbhar Bharat(PIB) Government e-Marketplace (GeM), a Special Purpose Vehicle under the Ministry of Commerce and Industry, has made it mandatory for sellers to enter the Country of Origin while registering all new products on GeM.
- Financing for Compressed Bio-Gas plants to be brought under Priority Sector Lending, says Shri Dharmendra Pradhan;(PIB) The 'SATAT' (Sustainable Alternative Towards Affordable Transportation) scheme on CBG was launched on 1.10.2018 which envisages targeting production of 15 MMT of CBG from 5000 plants by 2023.
- Turant, Customs’ solution for speedy clearance of goods In a bid to enter the top 50 ranking in The World Bank’s Ease of Doing Business (EoDB) Index, the Customs Department has announced further reforms under the name of Turant Customs for speedy clearance of goods at air and sea ports.
- Explained: What is the Arctic heatwave warming up Siberia? The Arctic Circle has recorded temperatures reaching over 38 degrees Celsius in the Siberian town of Verkhoyansk, likely an all-time high. According to the BBC, while the record still needs to be verified, the temperatures seem to have been 18 degree Celsius higher than normal in June.
GS3: Internal Security
- The sharp end of military power(TH) By all recent operational assessments including one by the Harvard Kennedy School, the IAF currently enjoys both a qualitative and quantitative advantage over the People’s Liberation Army Air Force (PLAAF) across the LAC. It’s fighter fleet of 4th Generation Aircraft (Su-30 MKIs, Mirage-2000s and MiG-29s) are superior in almost every respect to the PLAAF’s J-10s, J-11s and SU-30 MKKs.
Purchasing Power Parities and the size of Indian Economy: Results from the 2017 International Comparison Program(PIB)" The Purchasing Power Parities (PPPs) of Indian Rupee per US$ at Gross Domestic Product (GDP) level is now 20.65 in 2017 from 15.55 in 2011. The Exchange Rate of US Dollar to Indian Rupee is now 65.12 from 46.67 during same period. The Price Level Index (PLI)—the ratio of a PPP to its corresponding market exchange rate—is used to compare the price levels of economies, of India is 47.55 in 2017 from 42.99 in 2011.