Descriptive Prep: Brajesh Mohan

What are Dedicated Freight Corridors (DFCs)?

A recent study from the University of New South Wales highlights the economic benefits of India’s Dedicated Freight Corridors (DFCs), noting significant contributions to GDP growth and Indian Railways’ revenue.

Key Factors Influencing Deposit and Credit Growth

For the first time in 30 months, the growth in bank deposits has surpassed credit growth, with a year-on-year deposit increase of 11.8% in the fortnight ending October 18, 2024, compared to 11.7% growth in loan disbursements.

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India's Digital Public Infrastructure Scheme

How does the U.S. electoral college system work? | Explained https://www.thehindu.com/news/international/how-does-the-us-electoral-college-system-work-explained/article68815930.ece

How cybercriminals use social engineering and malicious APKs to scam users | Explained   https://www.thehindu.com/sci-tech/technology/how-cybercriminals-use-social-engineering-and-malicious-apks-to-scam-users-explained/article68821949.ece

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Happy Diwali 🎇🪔❤️🙏

The troops of India and China completed disengagement at Depsang and Demchok in Eastern Ladakh on Wednesday (October 30, 2024), Army sources confirmed. This also marked the completion of disengagement from all the friction points of the stand-off that began in May 2020. https://www.thehindu.com/news/national/troop-disengagement-completed-at-depsang-and-demchok-in-eastern-ladakh-indian-army/article68814586.ece

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What is Cyber squatting (JIO Hotstar Domain Name Controversy)? 1. The developer buying the domain and offering it up for sale is known as Cybersquatting. 2. Cybersquatting is an act of registering or using a domain name to profit from a trademark, corporate or personal name of an individual. 3.Usually, cybersquatting is seen as a form of extortion. 4.USA has enacted a law to deal with cyber squatting but as far as India is concerned there is no specific law to deal with the cyber squatting.

PM Modi launches projects worth ₹12,850 crore, extends Ayushman Bharat for all over 70 years https://www.thehindu.com/news/national/pm-modi-launches-projects-worth-12850-crore-extends-ayushman-bharat-for-all-over-70-years/article68809852.ece/amp/

Explained: What is digital arrest scam and how you can protect yourself https://timesofindia.indiatimes.com/technology/tech-news/explained-what-is-digital-arrest-scam-and-how-you-can-protect-yourself/amp_articleshow/114686723.cms There could be an essay on this in upcoming exams.

Pendemic Fund to curb Zoonotic Disease.

Recently, the Union Finance Minister presided over the 165th Anniversary of Income Tax Day observed by the Central Board of Direct Taxes (CBDT) in New Delhi, highlighting the Income Tax Department's significant achievements. Income Tax Day (or Aaykar Divas), celebrated on 24th July, marks a significant milestone in India's fiscal history. This day commemorates the introduction of income tax in India by Sir James Wilson, a British economist in 1860 to meet the losses from the 1857 Military Mutiny. Income Tax Day not only honours the historical development of tax administration in India but also highlights the continuous advancements and modernization efforts aimed at creating a more efficient and taxpayer-friendly system. Income Tax Act of 1961: Several amendments were made over the years, leading to the Income Tax Act of 1961, which has been in force since April 1962 and applies to the whole of India.

Factor Investing Recently, more Indians have begun investing in factor funds, a relatively lesser-known investment option, as awareness of this stock selection strategy grows. Factor investing involves targeting specific drivers of return (factors) like size, value, momentum, growth, low volatility, and quality across asset classes. Examples: Strategic indices on the National Stock Exchange (NSE) include Nifty50 Value 20 and Nifty200 Momentum 30.

Government launches Vishvasya-Blockchain Technology Stack; To offer Blockchain-as-a-Service with a geographically distributed infrastructure In a programme organized at the Ministry of Electronics and Information Technology (MeitY), Government of India, Shri S. Krishnan, Secretary, MeitY launched the Vishvasya-Blockchain Technology Stack to offer Blockchain-as-a-Service with a geographically distributed infrastructure designed to support various permissioned Blockchain based applications. https://pib.gov.in/PressReleasePage.aspx?PRID=2051934