1st Carnetic War (1740-48)
Battle of Plassey (1757)
The debt ceiling,which was introduced in 1917 during World War I, is the maximum amount that the US federal government can borrow to fulfill its financial obligations.
Two well known Principles,
a set of 17 chemical elements in the periodic table — the 15 lanthanides, plus scandium and yttrium.
Juice mission
Prime Minister Narendra Modi had first announced the National Green Hydrogen Mission (NGHM) in his Independence Day speech in 2021.
She championed the cause of women’s education. She never went to school but learnt to read and write from her parents. She was given the title ‘Pandita’ because she could read and write Sanskrit, a remarkable achievement as women then were not allowed such knowledge.
She went on to set up a Mission in Khedgaon near Pune in 1898, where widows and poor women were encouraged not only to become literate but to be independent. They were taught a variety of skills from carpentry to running a printing press, skills that are not usually taught to girls even today.
The printing press can be seen in the picture on the top left corner. Ramabai’s Mission is still active today.
United Nations General Assembly (UNGA) adopted a resolution to declare 2023 as the International Year of Millets.
The constellation for which a meteor shower is named only serves to aid viewers in determining which shower they are viewing on a given night.
Navigation Systems
The White House has supported Congress to pass a legislation that seeks to eliminate the per-country quota on green cards to allow US employers to focus on hiring people based on merit, not their birthplace, a bill if passed would benefit several hundreds of thousands of immigrants specially Indian-Americans.
Electoral bonds are interest-free bearer instruments (like Promissory Notes) that will be available for purchase from the State Bank of India within a designated window of 10 days in every quarter of the financial year.
Source: The Indian Express
Aichi Targets
The real sector of an economy is the key section as activities of this sector persuade economic output and is represented by those economic segments that are essential for the progress of the GDP of the economy. For instance, farmers harvesting their crops or textile mills converting raw cotton into fabrics ensure the increase of economic output and in turn progress of GDP. The sector is crucial for the sustainability of the economy because of its productive capability to meet nations’ aggregate demand.
The financial sector is a section of the economy made up of firms and institutions that provide financial services to commercial and retail customers. The financial sector generates a good portion of its revenue from loans and mortgages. This sector comprises a broad range of industries including banks, investment companies, insurance companies, and real estate firms. Thus, a commercial bank lending money to a trading company or a corporate body issuing rupee-denominated bonds overseas constitutes financial sector activities and not real sector activities.
Source: Vision IAS
The e-commerce entity (also foreign-owned) is any person who owns, operates or manages a digital or electronic facility or platform for electronic commerce, but does not include a seller offering his goods or services for sale on a marketplace e-commerce entity.
Marketplace based model of e -commerce means providing an IT platform by an e-commerce other hands entity on a digital & electronic network to act as a facilitator between buyer and seller. On other hand, Inventory based model of e-commerce means an e-commerce activity where an inventory of goods and services is owned by an e-commerce entity and is sold to the consumers directly. However, FDI is not permitted in an inventory based model of e-commerce marketplace-based
According to guidelines for FDI (Foreign Direct Investment) on E-Commerce, an E-commerce entity providing a marketplace will not exercise ownership or control over the inventory i.e. goods purported to be sold. Such ownership or control over the inventory will render the business into the inventory-based model. Inventory of a vendor will be deemed to be controlled by an e-commerce marketplace entity if more than 25% of purchases of such vendor are from the marketplace entity or its group companies.
Source: Vision IAS
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