1)Railways to launch Operation Swarn to revamp Rajdhani, Shatabdi Trains
Concerned over the complaints received from the public over the premium trains of Indian Railways like Rajdhani and Shatabdi Express, Railways have decided to launch “Operation Swarn (‘gold’)“. The operation is aimed at improving the services in these premium trains.
2)250 Years of Survey of India.
Some Additional Facts : Remember that the Height of Mount Everest is also measured by Survey of India and recently there were talks that it will be remeasured again.
Also Recently Survey of India launched the Nakshe Portal which can be accessed by using the Aadhar Card.
It is headed by Surveyor General of India.
3)10th Anniversary Celebrations of Indo-Russian Partnership in Science and Technology :-
This year, India and Russia are celebrating 70 years of establishment of diplomatic relations between them.
Joint cooperation in science and technology was one of the important pillars of the bilateral relationship between both the countries.
Also, India’s Department of Science & Technology, New Delhi and Russian Foundation for Basic Research, Moscow are celebrating their 10th year of their partnership.
4)Important for Pre and Mains Exams:-
The GST’s ‘anti-proiteering’ clause makes no economic sense :-
What is this Anti - Profiteering Clasuse:- "Businesses that receive the beneit of paying lower taxes under the new goods and services tax (GST) regime can’t keep it with them. Instead, according to the GST Act, they must pass it on to consumers by reducing the price of the products they sell".
“Any reduction in rate of tax on any supply of goods or services or the beneit of input tax credit,” the Act reads, “shall be passed on to the recipient by way of commensurate reduction in prices.”
What if the above directive is not followed:- If any business fails to comply with this rule, authorities from the National Anti-Proiteering Authority (NAPA) will use the “anti-proiteering” clause of the Act to take action against them — by ordering a reduction of prices, imposing penalties, or even cancelling a company’s registration.
5)Hawkish and Dovish Money Policy were in News regarding Saudi Arabia , we need to know what is Hawkish and What is Dovish.
Hawkish Money Policy means Increasing of Policy rates by the Central Bank for example in Our case by RBI. This is done to fight inflation. Also called Tight money policy or dear money policy.
Dovish Money Policy means easing up the policy rates to spur growth. Also called Easy Money Policy or Cheap money policy.
Thank You and Have a Nice Day !!
Concerned over the complaints received from the public over the premium trains of Indian Railways like Rajdhani and Shatabdi Express, Railways have decided to launch “Operation Swarn (‘gold’)“. The operation is aimed at improving the services in these premium trains.
2)250 Years of Survey of India.
Some Additional Facts : Remember that the Height of Mount Everest is also measured by Survey of India and recently there were talks that it will be remeasured again.
Also Recently Survey of India launched the Nakshe Portal which can be accessed by using the Aadhar Card.
It is headed by Surveyor General of India.
3)10th Anniversary Celebrations of Indo-Russian Partnership in Science and Technology :-
This year, India and Russia are celebrating 70 years of establishment of diplomatic relations between them.
Joint cooperation in science and technology was one of the important pillars of the bilateral relationship between both the countries.
Also, India’s Department of Science & Technology, New Delhi and Russian Foundation for Basic Research, Moscow are celebrating their 10th year of their partnership.
4)Important for Pre and Mains Exams:-
The GST’s ‘anti-proiteering’ clause makes no economic sense :-
What is this Anti - Profiteering Clasuse:- "Businesses that receive the beneit of paying lower taxes under the new goods and services tax (GST) regime can’t keep it with them. Instead, according to the GST Act, they must pass it on to consumers by reducing the price of the products they sell".
“Any reduction in rate of tax on any supply of goods or services or the beneit of input tax credit,” the Act reads, “shall be passed on to the recipient by way of commensurate reduction in prices.”
What if the above directive is not followed:- If any business fails to comply with this rule, authorities from the National Anti-Proiteering Authority (NAPA) will use the “anti-proiteering” clause of the Act to take action against them — by ordering a reduction of prices, imposing penalties, or even cancelling a company’s registration.
5)Hawkish and Dovish Money Policy were in News regarding Saudi Arabia , we need to know what is Hawkish and What is Dovish.
Hawkish Money Policy means Increasing of Policy rates by the Central Bank for example in Our case by RBI. This is done to fight inflation. Also called Tight money policy or dear money policy.
Dovish Money Policy means easing up the policy rates to spur growth. Also called Easy Money Policy or Cheap money policy.
Thank You and Have a Nice Day !!
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