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Trade Receivables Discounting System (TReDS) - is an electronic platform for facilitating the financing / discounting of trade receivables of Micro, Small and Medium Enterprises (MSMEs) through multiple financiers. - These receivables can be due from corporates and other buyers, including Government Departments and Public Sector Undertakings (PSUs). - Sellers, buyers and financiers are the participants on a TReDS platform. @joinupsc

✅✅TOPICS FOR TODAY 1. Defence Acquisition Council 2. International Solar Alliance 3. Kaladan Multi-Modal Transit Transport Project 4. Central information commission 5. Akash Missile PS :these are five topics that have been in news in one year Cover these topics ✅✅ 🔵next bunch of topics will soon be posted Happy learning and keep sharing 👍👍✅✅

Ways and Means Advances(WMA) Scheme: ● Ways and Means Advances(WMA) Scheme was introduced in 1997. ● Purpose: These are temporary loan facilities provided by the Reserve Bank of India(RBI) to the central and state governments to meet mismatches in the cash flows of their receipts and expenditures. ● Interest Rate: It is currently at the existing repo rate and the tenure is for three months.However, if the tenure is extended,it will be treated as an overdraft which is charged above repo rate. ● Types of WMA: ○ Special WMA: It is extended against the collateral of the government securities held by the State Government and ○ Normal WMA: It is based on a three-year average of actual revenue and capital expenditure of the state.It is not collateral based. @joinupsc

🔥Polity Most Important 🔹Representation of Peoples Act 1950 provides for the following: - Qualification of voters. - Preparation of electoral rolls. -Delimitation of constituencies. -Allocation of seats in the Parliament and state legislatures. -The manner of filling seats in the Council of States to be filled by representatives of Union territories. -Officers (ex-Chief Electoral Officer etc.) 🔺 Representation of People's Act, 1951 - Qualifications and disqualifications for membership of Parliament and State Legislatures - Notification of General Elections - Administrative machinery for the conduct of elections - Registration of political parties - Conduct of elections - Free supply of certain material to candidates of recognized political parties - Disputes regarding elections -Corrupt practices and electoral offenses @joinupsc

✅✅Stay tuned for another bunch of topics for day Will be posted soon👍👍✅✅ 🔵Those who have not seen earlier topics for the day.. Requested to have a look (very important) Thank you 👍👍 @joinupsc

✅✅TOPICS FOR TODAY 1. DTAA 2. Sendai framework 3. WEF 4. National Investigation Agency 5. Central Water Commission PS : these are five topics that have been in news in one year Cover these topics ✅✅ 🔵next bunch of topics will soon be posted Happy learning and keep sharing 👍👍✅✅ @joinupsc

What is Djibouti Code of Conduct/ Jeddah Amendment(DCOC/JA) ● It was established in 2009.It is a grouping on maritime matters aimed at repression of piracy and armed robbery against ships in the Western Indian Ocean Region, the Gulf of Aden and the Red Sea. ● Members: It comprises 18 member states adjoining the Red Sea, Gulf of Aden, the East Coast of Africa and Island countries in the Indian Ocean Region. Why in News? India has joined the Djibouti Code of Conduct/ Jeddah Amendment (DCOC/JA) as Observer. @joinupsc

🔺SonChiraiya🔺 ▪️ The ‘SonChiraiya’ brand and logo was launched by the Ministry of Housing and Urban Affairs for marketing urban Self-Help Group (SHG) products. ▪️ This initiative will prove as a step in the right direction towards increased visibility and global access for the products made by urban SHG women @joinupsc

Chakma and Hajong Communities 🔹Chakmas are predominantly Buddhists. Chakmas lost their land to the development of the Kaptai Dam on the Karnaphuli River, Bangladesh. 🔹Hajongs Are Hindus. Hajongs faced religious persecution as they were non-Muslims and did not speak Bengali. 🔳Found in northeast India, West Bengal, Bangladesh and Myanmar. They fled erstwhile East Pakistan (now Bangladesh) in 1964-65 and came to India and settled in Arunachal Pradesh. @joinupsc

🔹National Database for Unorganised Workers or e-Sharm portal 🔳e-Sharm portal will be a single-point reference that will help authorities to reach out to and track workers across informal sector. It will also offer welfare in times of crisis. 🔳NDUM will comprises of migrant workers, construction workers, gig and platform workers, domestic workers, street vendors, agriculture workers, migrant workers and other such sub-groups of unorganised workers. @joinupsc

Coral Reefs ◆Coral reefs are large underwater structures composed of the skeletons of colonial marine invertebrates called coral ◆corals have a symbiotic relationship with an algae called the zooxanthellae ◆Known as the rainforests of the sea" for their biodiversity, ◆FAVOURABLE CONDITIONS FOR FORMATION OF CORAL REEF: 1.Warm tropical oceans with minimum temperature of 20 degree (30 degree north and 25 degree south latitudes) 2.Oceanic water free of sedimentation; 3.Transparent parts of ocean bodies; 4.Relatively low salinity ocean bodies @joinupsc

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OPERATION DEVI SHAKTI ➖ India's Afghanistan evacuation mission termed 'Operation Devi Shakti @joinupsc

🔹 KRITAGYA The Indian Council of Agricultural Research has announced the KRITAGYA (Krishi-Raknik-Gyan) hackathon under the National Agricultural Higher Education Project (NAHEP). • Introduced with an aim to promote the potential technology solutions for enhancing the farm mechanization with special emphasis on women-friendly equipment. • The students participating in the KRITAGYA hackathon can collaborate with the local start-ups, students from technology institutes can win cash prize. @joinupsc