Investor Education and Protection Fund (IEPF) 

  • Investor Education and Protection Fund (IEPF)has been established under provision of the Companies Act, 2013.
  • The amounts such as dividends, applications money, matured deposits etc, which have remained unpaid or unclaimed for a period of 7 years are required to be transferred to the IEPF.
  • The Amounts credited to IEPF are maintained under the Consolidated Fund of India (Article 266 of the Constitution).
  • The fund is utilized for promoting investor awareness and protection of investor interests.

Van Vihar National Park -Bhopal (Madhya Pradesh). 

  • It is situated next to the famous Upper Lake of Bhopal also known as the “Bada Talab” which is a Ramsar Site and one of the two lakes of Bhoj Wetland.

Blue Dot Network (BDN)- 

  • India may join the US-led Blue Dot Network (BDN).
  • The BDN was formally announced on 4th November, 2019 at the Indo-Pacific Business Forum in Bangkok, Thailand. It will be led by the US along with Japan and Australia.
  • It is a multi-stakeholder initiative to bring together governments, the private sector and civil society to promote high-quality, trusted standards for global infrastructure development.

CHEOPS (Characterising  ExOPlanet Satellite)- 

  • Launched by European Space Agency (ESA) 
  • It is the first mission dedicated to studying bright, nearby stars that are already known to host exoplanets.

Article 142: Extraordinary powers   

1. Article 142 (1) states that the Supreme Court in the exercise of its jurisdiction may pass necessary order for doing complete justice in any pending matter.  

2. Such passed order would be enforceable throughout the territory of India having the effect of parliamentary law until provision on that matter is made.  

3.The article entrusts ultimate power in the Supreme Court for ensuring ‘complete justice’. This power is  usually used in cases involving human rights and environmental protection. 

 

National Forest Inventory (NFI) 

  • - NFI assessment are done by FSI to estimate growing stock or standing volume of the trees, number of trees, bamboo, soil carbon, occurrence of NTFP, and invasive species and several other factors depicting growth and health of forests

India Knowledge Hub (IKH) 

  • NITI Aayog has created the India Knowledge Hub (IKH), a dynamic web portal, functioning as a  repository to store and disseminate best practices from across the country

 

Central Zoo Authority 

  • -Central Zoo Authority is a statutory body whose  main objective is to enforce minimum standards  and norms for upkeep and health care of animals  in Indian zoos.
  • -Zoos are regulated as per the provisions of Wildlife  (Protection) Act, 1972 and are guided by the  National Zoo Policy, 1992. The Wildlife Protection  was amended in 1991 to establish the Central Zoo  Authority

 

FRIDAYS FOR FUTURE MOVEMENT 

  • -Swedish climate activist Greta Thunberg, associated with Fridays for Future movement, was honoured at a Stockholm ceremony held by the Nordic Council.
  • Fridays for Future (FFF) is also known variously as the school strike for the climate, Youth for Climate, Climate Strike, Youth Strike for Climate
  • It is an international movement of school students who take time off from class to participate in demonstrations to demand action to prevent further global warming

 

Pradhan Mantri Rojgar Protsahan Yojana (PMRPY)  

  • Under the scheme, the government incentivizes  employers for generation of new employment. 
  • The Government of India pays the full employer's  contribution of 12% (towards Employees’ Provident Fund and Employees’ Pension Scheme), for the new  employment generated with salary up to Rs. 15,000  per month.

 

Prompt Corrective Action (PCA)  

  • PCA norms allow the RBI to place certain restrictions  such as halting branch expansion and stopping  dividend payment. It can even cap a bank’s lending  limit to one entity or sector. 
  • Other corrective actions that can be imposed on  banks include special audit, restructuring operations   and activation of the recovery plan. Banks’ promoters  can be asked to bring in new management, too. 
  • The   RBI can also supersede the bank’s board, under PCA.

 

Gross fixed capital formation (GFCF)  

  • It refers to the  net increase in physical assets (investment minus  disposals). 
  • It does not take into account consumption  (depreciation) of fixed capital. 
  • It is a component of expenditure approach to calculating Gross Domestic Product (GDP). 
  • GFCF is not a measure of total investment, because  only the value of net additions to fixed assets is measured, and all kinds of financial assets, as well  as stocks of inventories and other operating costs  are excluded.

Export Promotion Council (EPC)    

  • The Ministry of Micro, Small and Medium Enterprises (MSME) has recently established an Export Promotion Cell (EPC) with an aim to create a sustainable ecosystem for entire MSME development.

International Maritime Organization 

  • The International Maritime Organization is a specialized agency of the United Nations.
  • IMO is responsible to improve the safety and security of international shipping and to prevent pollution from ships.
  • It is also involved in legal matters, including liability and compensation issues and the facilitation of international maritime traffic.
  • Its headquarters are located at London, United Kingdom

 

Basel III Norms  

  • Basel III norms aim at making most banking  activities more capital-intensive and promoting  
  • a more resilient banking system by focusing on  four vital banking parameters viz. capital, leverage,  funding and liquidity. 
  • The Reserve Bank of India has extended the  timeline for implementation of the Basel III capital  regulations by March 31, 2019
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