GS3

DRDO conducts second successful flight-test of missile target vehicle Abhyas

Context: The Defence Research and Development Organisation (DRDO) on Tuesday conducted successful flight-tests of the indigenously-designed Abhyas High-speed Expendable Aerial Target (HEAT) in Balasore. About Abhyas High-speed Expendable Aerial Target (HEAT) The vehicle is a drone that will be used as a target for evaluation of various Mis... .Read more

Updated on 23 September, 2020 GS3 Science and Technology

Parliament passes Insolvency and Bankruptcy Code Bill

Context: The Parliament passed a bill that temporarily suspends initiation of corporate insolvency resolution process under the IBC, for a period not exceeding one year from March 25, to provide relief to companies affected by COVID-19 to recover from the financial stress. The Insolvency and Bankruptcy Code (Second Amendment) Bill 2020 The propose... .Read more

Updated on 22 September, 2020 GS3 Economy

MSPs for 6 rabi crops fixed, hikes lower than last year

After reading this article, answer the following question for Mains answer writing practice. Also you can get your answer checked free of cost by clicking on the following link. For Mains:https://www.jatinverma.org/home/typepost/dailymainsanswerwriting Context: The Cabinet Committee on Economic Affairs (CCEA)... .Read more

Updated on 22 September, 2020 GS3 Economy

DoT unlikely to agree on lower licence fee recommended by Trai, alter AGR definition

Context: The Department of Telecommunications (DoT) is unlikely to accept the Telecom Regulatory Authority of India (Trai) recommendations on lowering the licence fee of telcos from 8 per cent to 6. More on news: In its recommendations in 2015, TRAI had suggested lowering the licence fee of telcos to 6 per cent from the current 8 and suggested... .Read more

Updated on 21 September, 2020 GS3 Economy

Market failure: On agriculture sector reforms

After reading this article, answer the following question for Mains answer writing practice. Also you can get your answer checked free of cost by clicking on the following link. For Mains:https://www.jatinverma.org/home/typepost/dailymainsanswerwritin Context: Rajya Sabha passed two of the three farm reforms ... .Read more

Updated on 21 September, 2020 GS3 Agriculture

FDI in defence up to 74%

Context:The Centre has raised the foreign direct investment (FDI) limit for the defence sector through the automatic route to 74 per cent from 49 per cent.The raised limits are for companies seeking new industrial licenses. New FDI guidelines Now, FDI is allowed up to 74 per cent through automatic route and beyond 74 per cent through the government ... .Read more

Updated on 19 September, 2020 GS3 Economy