1.DAJGUA Scheme:

  1. Objective: To improve the socio-economic condition of tribal communities by adopting saturation coverage for tribal families in tribal-majority villages and aspirational districts.
  2. Coverage: 63,843 villages, benefiting over 5 crore tribal people in 30 States/UTs.
  3. Interventions: 25 interventions, implemented by 17-line ministries, focusing on social infrastructure, health, education, and livelihood.
  4. Implementation: Each Ministry/Department responsible for implementing schemes related to it, with funds allocated under the Development Action Plan for Scheduled Tribes (DAPST) in the next 5 years.

 

 

2.Insolvency and Bankruptcy Board of India (IBBI):

  1. Established: 1st October, 2016, under the Insolvency and Bankruptcy Code, 2016 (Code).
  2. Functions:*  Oversee insolvency and bankruptcy processes in India.*  Ensure efficient resolution of financial distress and protection of stakeholder interests.

    *  Regulate insolvency professionals, agencies, and information utilities.

    *  Formulate policies related to insolvency and bankruptcy, promoting a uniform framework for such proceedings across India.

 

3.SEBI Tightens F&O Rules:

  1. Measures:*  Increased contract size for index futures and options to Rs 15 lakh.*  Rationalization of weekly index derivatives products.

    *  Upfront collection of option premium from buyers.

    *  Intraday monitoring of position limit.

    *  Increased tail risk coverage on options expiry day.

    *  Removal of calendar spread treatment on expiry day.

  2. Futures Contracts:*  Standardized agreement to buy/sell an asset at a future date for a predetermined price.*  Both parties obligated to execute the contract.

    *  Investors pay a margin upfront, not the full asset cost.

    *  Underlying assets: stocks, commodities, currencies, etc.

  3. Options Contracts:*  Gives the buyer the right, but not the obligation, to buy/sell an asset at a pre-set price.*  Buyer pays a premium for this right.

    *  Buyer can exercise the contract if beneficial or let it expire.

 

 

4.Fluorescent Nanodiamonds (FNDs)

  • Definition: Nanometre-sized diamonds made of carbon nanoparticles, produced in a high temperature and high pressure process.
  • Properties: Stable under light, non-toxic to living things.
  • Applications:
  1. High-resolution imaging
  2. Microscale temperature sensing
  3. Correlative microscopy
  4. Tracking cells and their progeny over long periods in biology
  • Recent study: Physicists from Purdue University reported floating FNDs in a high vacuum and spinning them very fast, paving the way for multiple applications in industry and fundamental research.

 

 

5.Integrated Defence Staff (IDS)

  • Established: October 01, 2001
  • Motto: “Victory through Jointness”
  • Objective: Provide an institutional framework for managing defence at a higher level, integrating the three Services and other relevant elements for credible and comprehensive national power.
  • Key milestones:
  1. Adoption of Integrated Capability Development System
  2. Joint Communication Architecture for seamless integration of defence networks and data exploitation
  3. Tri-services Satellite Earth Stations & integration of NavIC with IRNSS
  4. Joint Doctrines on CyberSpace Operations and Amphibious Operations

 

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