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Posted 09 Sep 2024

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Certificate of Deposit

Bank’s Certificates of Deposit issuance increased nearly 3-time in FY24 as compared to FY22.

About Certificates of Deposit (CDs)

  • CDs are negotiable, unsecured money market instrument, issued by a bank as a promissory note against funds deposited with it for a maturity period up to one year.
  • Issued by: Scheduled Commercial Banks; Regional Rural Banks; Small Finance Banks, and All-India Financial Institutions. 
  • CDs shall be issued in minimum denomination of ₹5 lakh & in multiples of ₹5 lakh thereafter.
  • Tenor: Minimum 7 days and maximum 1 year.
  • Tags :
  • Certificate of Deposit
  • Promissory Notes
  • Money Market

Swachh Vayu Survekshan Award, 2024

The Awards were presented to Surat, Jabalpur, & Agra (category 1), Firozabad, Amravati, & Jhansi (category 2), Raebareli, Nalgonda, & Nalagarh (category 3). 

About Swachh Vayu Survekshan Awards

  • Initiative of the Environment Ministry ranks cities on the implementation of activities approved under city action plan & air quality in 130 National Clean Air Program (NCAP) cities.
  • Criteria: solid waste management, road dust control, industrial emissions, etc. 
  • 3 categories: Given annually on International Day of Clean Air for Blue Skies (September 7th)  to top 3 cities based on population as under-
    • Category-1 ( 10 Lakhs+)
    • Category-2 (3 - 10 Lakhs)
    • Category-3 (under 3 Lakhs)
  • Tags :
  • Swachh Vayu Survekshan
  • National Clean Air Program

Water spinach

Water spinach now reached the door of the farmers with the technology developed by the Indian Institute of Vegetable Research (IIVR).

About Water spinach 

  • Native to tropics and subtropics, this semi-aquatic perennial plant is believed to have been the first domesticated in Southeast Asia.
  • Benefits
    • Rich in folic acid (vitamin B9); Contains medium levels of beta carotene, calcium, vitamin E and C.
    • Helps prevent neural tube defects in unborn children.
    • Being rich in iron, it’s beneficial for people with anemia.
    • Has great potential as a purifier of aquatic habitats.
  • Tags :
  • Water Spinach
  • Folic acid
  • Beta carotene

Sahariya Tribe

Recently, More than 100 cases of malnourished children among Sahariya tribe have been reported from Baran district of Rajasthan.

About Sahariya Tribe

  • Sahariyas are one of the PVTGs that are mostly inhabited in Madhya Pradesh, Uttar Pradesh, and Rajasthan.
    • PVTGs are tribal communities that show either a declining or stagnant population, use of pre-agrarian technology, economic backwardness, and low literacy.
  • Generally reside in separate basti in the village, called Saharana.
  • Economic activities: Agriculture (primarily rainfed), collection of minor forest produce, etc. 
  • Tags :
  • Sahariya Tribe
  • PVTGs

BepiColombo

BepiColombo has completed its latest flyby of Mercury. It will begin to orbit in 2026.

About BepiColombo 

  • Launched: 2018.
  • BepiColombo, a joint European-Japanese mission, consisting of two spacecraft riding together to Mercury to orbit and to study the planet.
    • The European Space Agency's Mercury Planetary Orbiter (MPO) will study the planet's surface and interior.
    •  The Japan Aerospace Exploration Agency’s Mercury Magnetospheric Orbiter (MIO) will study the planet's magnetic field.
  • Only two other spacecraft have visited Mercury: NASA's Mariner 10 and MESSENGER.

 

  • Tags :
  • BepiColombo
  • Mariner 10
  • MESSENGER

Helium

Two NASA astronauts remain on the International Space Station due to a faulty propulsion system.

  • It includes Helium leaks  which also affected past missions like ISRO’s Chandrayaan 2.

Helium

  • It is an element in Group 18 (noble gases) of the periodic table.
  • Second lightest element, after hydrogen.
  • Colorless, odorless, and tasteless gas.
  • Lowest boiling and freezing points of any known substance.
  • Use in Rockets: It pressurizes fuel tanks to ensure a steady flow of fuel and it is also used in cooling systems. 
  • Leak Vulnerability: Due to small atomic size, it can escape through tiny gaps or seals.
  • Tags :
  • Helium
  • rocket propulsion system

Silicon Carbide

India's 1st silicon Carbide manufacturing facility to be set up in Odisha.

Silicon Carbide (SiC)

  • Also known as carborundum, it is an exceedingly hard, synthetically produced crystalline compound of silicon and carbon.  
  • Properties: Excellent thermomechanical characteristics, including high thermal conductivity, excellent mechanical properties, excellent resistance to wear and oxidation. 
  • Applications: semiconductor devices, mechanical seals, structural ceramics, heat exchangers, optical mirrors, ballistic armor, etc.
  • Tags :
  • Silicon Carbide
  • Carborundum

Nilgiri Mountain Railways

Redevelopment of Nilgiri Moutain Raliway stations under Amrit Bharat Station Scheme threatens its historical and architectural value.

About Nilgiri Mountain Railway

  • First proposed in 1854 and completed in 1908, it is a 46-km long metre-gauge single-track railway in Tamil Nadu.
  • It showcases late 19th century technology with unique rack and pinion traction for steep gradients.
  • In 2005, UNESCO declared it as a World Heritage Site as an extension to the Darjeeling Himalayan Railway. It has since then been a part of the greater heritage site of the Mountain Railways in India.
    • Other heritage mountain railways in India include Darjeeling Himalayan Railway and Kalka Shimla Railway.
  • Tags :
  • Amrit Bharat Station Scheme
  • World Heritage Site
  • Nilgiri Mountain Railway
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