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Ways and Means Advance (WMA) scheme

●Ways and Means Advance (WMA) scheme•It was introduced in 1997 to meet mismatches in the receipts and payments of the government.•The government can avail of immediate cash from the RBI, if required. [But it has to return the amount within 90 days. Interest is charged at the existing repo rate]▪️Recently, the Government has hiked Ways […]

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Russia’s far eastern Kuril Islands

●Russia’s far eastern Kuril Islands •Recently, a 7.5 magnitude earthquake struck in the northern Pacific and a tsunami warning was issued for the closest shores on Russia’s far eastern Kuril Islands•Kuril Islands are stretched from the Japanese island of Hokkaido to the southern tip of Russia’s Kamchatka Peninsula separating Okhotsk Sea from the North Pacific […]

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Invest India Business Immunity Platform

●Invest India Business Immunity Platform •The Business Immunity Platform (BIP) is designed as a comprehensive resource to help businesses and investors get real-time updates on India’s active response to COVID-19 •It keeps a regular track on developments with respect to the coronavirus. •It Provides latest information on various central and state government initiatives, and answers […]

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Daily Quick Revision 20 March 2020

School Health Programme (SHP) under Ayushman Bharat•It is a joint collaborative programme of the Ministry of Health and Family Welfare and the Ministry of Human Resource Development. [launched in 2018]•The initiative targets both Education and Health and intends to facilitate an integrated approach to health programming and more effective learning at the school level•Under the […]

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Stafford Act of USA

●Stafford Act of USA•US President Donald Trump has declared a national emergency in the country invoking the Stafford Act.•The Act authorises the President to provide financial and other assistance to local and state governments, certain private nonprofit organisations, and individuals following declaration as a Stafford Act Emergency (limited) or Major Disaster (more severe)[As per this […]

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