CURRENT AFFAIRS FOR THE BEGINNERS- CORE
- Government will try to overturn Brexit Bill amendments
It is the abbreviation of “British Exit” from the European Union (EU).
Britain has had a troubled relationship with the EU since the beginning and has made various attempts in the past to to break away from it.
- The EU is a political, trade and economic union founded in 1957.
- The EU evolved over decades and reached its present model in 1992.
- There are 51 countries in Europe, out of which 28 countries have signed a treaty to become a part of European Union. So, clearly, there are countries in Europe which are not part of European Union.
- It is the largest trading bloc in the world surpassing the US.
- In 2012, the EU was awarded the Nobel Peace Prize for advancing the causes of peace, reconciliation, democracy and human rights in Europe.
Why the ‘Leave EU’ campaign?
- The Leave Campaign argues that Britain is losing out a big deal by staying in the EU.
- It has to pay millions of pounds each week as a contribution to the European budget.
- The extremely bureaucratic nature of the European parliament is hurting British exporters.
- Migration from the European Union into Britain (mainly PIGS economies) is creating an imbalance in the welfare schemes of the UK government.
- But, those who oppose the campaign say that Britain is a net gainer if she stays in EU.
- PM’s maternity scheme benefits 23.6 lakh
PM MATRU VANDANA YOJANA:-
Under – nutrition continues to adversely affect majority of women in India. In India, every third woman is undernourished and every second woman is anaemic. An undernourished mother almost inevitably gives birth to a low birth weight baby. When poor nutrition starts in – utero, it extends throughout the life cycle since the changes are largely irreversible. Owing to economic and social distress many women continue to work to earn a living for their family right up to the last days of their pregnancy. Furthermore, they resume working soon after childbirth, even though their bodies might not permit it, thus preventing their bodies from fully recovering on one hand, and also impeding their ability to exclusively breastfeed their young infant in the first six months.
Pradhan Mantri Matru Vandana Yojana (PMMVY) is a Maternity Benefit Programme that is implemented in all the districts of the country in accordance with the provision of the National Food Security Act, 2013. 60-40 cost sharing basis with the state governments.
- Providing partial compensation for the wage loss in terms of cash incentive of rs.6000 so that the woman can take adequate rest before and after delivery and immunization of her first child.
- The cash incentive provided would lead to improved health seeking behavior amongst the Pregnant Women and Lactating Mothers (PW& LM).
- To reduce maternal mortality and malnutrition levels among children
- All Pregnant Women and Lactating Mothers, excluding PW&LM who are in regular employment with the Central Government or the State Governments or PSUs or those who are in receipt of similar benefits under any law for the time being in force.
- All eligible Pregnant Women and Lactating Mothers who have their pregnancy on or after 01.01.2017 for first child in family.
- Under divine care, turtles swim on in temple tanks
It is a emerging as a tool for monitoring the biodiversity of an area without physically collecting specimens. Environmental DNA or eDNA is DNA that is collected from a variety of environmental samples such as soil, seawater, or even air rather than directly sampled from an individual organism. As various organisms interact with the environment, DNA is expelled and accumulates in their surroundings. This method allows for biomonitoring without requiring collection of the living organism, creating the ability to study organisms that are invasive, elusive, or endangered without introducing anthropogenic stress on the organism. Access to this genetic information makes a critical contribution to the understanding of population size, species distribution, and population dynamics for species not well documented. The most prevalent use in current research is using eDNA to study the locations of threatened or endangered species across all environments
- Scientists seek to find mass of ghost particle
Neutrinos, unlike most subatomic particles, have no electric charge – they are neutral, hence the name. Neutrinos weakly interact with other particles of matter. so scientists can’t use electric or magnetic forces to capture these neutrinos.
Why it is in news?
By using the mass of universe’s lightest particle, scientists can better understand the history of the universe.
- RBI turns net U.S. dollar seller in April
Reserve Bank of India
Before 1920, imperial bank of India is used to regulate the bank in India. In 1920, a commission called royal commission on Indian currency and finance recommended the RBI and suggested to establish RBI in 1926. But through RBI act, 1934, RBI was established in 1935. It is a statutory body. RBI was nationalized on 1 January, 1949(owned by Government of India). There will be 21 central board of directors with Urjit patel as its present governor.
There are three subsidiaries to RBI:-
- Deposit insurance and credit guarantee scheme- It provides insurance of deposits and gives guarantee to credit facilities.
- National housing bank- To promote cost effective finance system by creating a network of dedicated housing finance institutions. To make housing credit more affordable . To regulate the activities of housing finance companies.
- Bharathiya reserve bank note mudran private limited- To print bank notes for RBI.
Main functions of RBI:-
Maker of Monetary policy- i.e., if there is excess flow of money in the market or with the people, then there is a chance of inflation. Then, RBI will control inflation through this policy.
Issuer of currency
Banker to the government
Custodian of foreign exchange reserves – RBI can have a minimum reserve of 500cr in which 115cr of gold and 85cr of foreign exchange reserves.
Lender of last resorts