DIPAM and World Bank sign Agreement

On November 16, 2020, DIPAM (Department of Investment and Public Asset Management) signed an agreement with World Bank. Under the agreement, the World Bank will provide advisory services on asset monetization. What is Asset Monetisation? Asset Monetisation is creating new sources of revenue by unlocking underutilized or untilised public assets. What is DIPAM’s Plan on ..

Month: Current Affairs - November, 2020

Category: International Current Affairs

Topics: DIPAM • Enemy Properties • Enemy Property Act • India-Pakistan war • india-world bank • LIC • Monetization • World Bank

PM Modi to attend 12th BRICS Summit

On November 17, 2020, Prime Minister Narendra Modi is to attend the 12th BRICS summit that is to be hosted by Russia. The summit is to be held under the theme “Global Stability, Shared Security and Innovative Growth”. The BRICS members to participate in the meeting are China, India, Brazil, Russia and South Africa. Key ..

Month: Current Affairs - November, 2020

Category: International Current Affairs

Topics: BRICS • BRICS Summits • developing countries • G20 • G20 debt pact • PM Modi • World Trade Organisation (WTO)

Vaccine Derived Polio Virus: nCOP2 Vaccine added by WHO to Emergency Use Listing

The World Health Organisation has added a vaccine to its Emergency Use Listings. The vaccine added is the nCOP2 developed by Bio Farma of Indonesia. The vaccine has been developed to treat derived polio virus strain. This is being done in the backdrop of increasing cases of vaccine derived poliovirus between 2010 and 2019. Highlights ..

Month: Current Affairs - November, 2020

Category: International Current Affairs

Topics: Ebola Virus • emergency use listing • Oral Polio Vaccine • Universal Immunization Programme • vaccine derived polio virus • World Health Organization (WHO)

Why US disagrees to grant Statehood to Puerto Rico and Washington, D.C.?

The United States territory of Puerto Rico for the third time in ten years has voted in favour of statehood. It demands to be treated at par with the other 50 states of USA. On November 3, 2020, on the same day of US elections, majority of Puerto Ricans voted in favour of a non-binding ..

Month: Current Affairs - November, 2020

Category: International Current Affairs

Topics: Caribbean Community • Caribbean Island • Caribbean Sea • Caricom • Joe Biden • Puerto Rico • US Election • US President • Washington D.C

Tristan da Cunha becomes the largest Marine Protection Zone of Atlantic Ocean

The isolated UK overseas territory of Tristan da Cunha was declared the largest fully protected Marine reserve of Atlantic Ocean. This will prohibit sand extraction, bottom trawling fishing and deep-sea mining in more than 90% of waters of the territory. It includes 687,000 square kilo metres of water in the Atlantic ocean. Background UK is ..

Month: Current Affairs - November, 2020

Category: Environment Current Affairs • International Current Affairs

Topics: Antarctic Treaty • Antarctica • Atlantic Ocean • Blue Belt Programme • British Antarctic Territory • Indian ocean region • Marine Biodiversity • Marine conservation • Tristan da Cunha