What is Benami Transactions (Prohibition) Act, 2016? The Benami Transactions (Prohibition) Amendment Act, 2016, designed to curb black money and passed by parliament in August 2016. Benami Transactions (Prohibition) Act, 2016 Benami property The benami property refers to property purchased by a person in the name of some other person. The person on whose name … Read more
59th Raising Day of ITBP The Indo-Tibetan Border Police (ITBP) is India’s primary border patrol organization with its border with Tibet (China). It is one of the seven Central Armed Police Forces of India, raised on 24 October 1962, under the CRPF Act, in the wake of the Sino-Indian War of 1962. Nickname: Himveers Motto: … Read more
What is Life in Miniature Project? Prahlad Singh Patel, Union Minister of State for Culture and Tourism launched ‘Life in Miniature’ project. It is a collaboration between the National Museum, New Delhi, Ministry of Culture, and Google Arts & Culture. Through this project several hundred miniature paintings from the National Museum, New Delhi can be … Read more
India, Kazakhstan explore co-production and co-development of defence products India and Central Asia’s biggest state Kazakhstan are exploring widening defence partnership including joint production as well as opening a new chapter in the heavy engineering sector. Indian companies are in talks with Kazakhstan defence industries for co-production and co-development in defence production, according to a … Read more
What is Frontier Technologies Cloud Innovation Center? The NITI Aayog and Amazon Web Services (AWS) have announced the establishment of a Frontier Technologies Cloud Innovation Center (CIC), the first of its kind in India. CIC is part of the AWS CIC Global Program CIC will enable government stakeholders, start-ups, and local organizations in India to … Read more
Indigenously built ASW Corvette ‘INS Kavaratti’ Commissioned at Visakhapatnam Naval Dockyard The last of four indigenously built Anti-Submarine Warfare (ASW) stealth corvettes “INS Kavaratti” under Project 28 (Kamorta class) is commissioned into the Indian Navy by General Manoj Mukund Naravane, PVSM, AVSM, SM, VSM, ADC, Chief of the Army Staff at Naval Dockyard, Visakhapatnam on … Read more
What are the roles and functions of International Financial Services Centres Authority? It is a statutory body established in 2020. It works under the Department of Economic Affairs, Ministry of Finance. Headquartered in Gandhinagar, Gujarat. Function is to develop and regulate the financial products, financial services and financial institutions located/performed in the International Financial Services … Read more
VCOAS visits US Army 25th Infantry Division Lightning Academy Vice Chief of the Army Staff Lt Gen SK Saini visited US Army 25th Infantry Division Lightning Academy on Tuesday and interacted with the troops there. Additional Directorate General of Public Information, Indian Army said in a tweet, “Lt Gen S K Saini visited US Army … Read more
What is Ghar Tak Fibre Scheme? Recently, the Prime Minister of India inaugurated ‘Ghar Tak Fibre’ scheme in Bihar. The scheme aims to connect all 45,945 villages of Bihar with high-speed optical fibre internet by 31st March 2021. The scheme aims to provide optical fibre enabled internet connections to every home in the country, concentrating … Read more
India successfully test fired the Stand-off Anti-tank (SANT) Missile off the coast of Odisha SANT missile is an upgraded version of the Helicopter Launched Nag (HeliNa) missile, equipped with an advanced node-mounted seeker. Developed by DRDO for the Indian Air Force, the surface-to-air missile boasts of both, Lock-on After Launch and Lock-on Before Launch capabilities. … Read more
