CURRENT AFFAIRS

The 16th Finance Commission was constituted in December 2023. The 16th Finance Commission, established under Article 280 of the Indian Constitution, has started its work.

The Union Ministry of Environment, Forest and Climate Change has launched a portal in Kolkata documenting the entire fauna species of India.

Global Liveability Index is important in all three stages of UPSC. Questions can be asked directly from it in the preliminary exam.

Recently, Reserve Bank of India (RBI) has joined Project Nexus. It is a multilateral international initiative to enable instant cross-border retail payments by interconnecting domestic Fast Payment Systems (FPS).

In recent times, the education system has been surrounded by controversies due to irregularities in examinations and postponement of various examinations. To deal with such situations, various experts have expressed their opinion in favor of including education in the state list.

Recently, the Reserve Bank of India (RBI) has decided to prepare a revised framework on currency swap arrangement for SAARC countries for the period 2024-2027.

About 300 families have recently been relocated from Gardi Sugdub Island in Panama's Guna Yala province due to concerns about rising sea levels. Sea levels are rising rapidly, primarily due to global warming, with vulnerable coastal areas and countries in the Global South most affected.

China has organized a commemorative conference to mark the 70th anniversary of the establishment of the five principles of peaceful coexistence, which India named Panchasheel. In this conference, China has said that it will strongly advance this concept of its foreign policy.

There has been an alarming rise in drug use globally, according to a report released by the United Nations Office on Drugs and Crime (UNODC).

A new “gene revolution” is being heralded as a remedy to growing global hunger, aimed at supporting a growing population and combating climate-induced agricultural challenges by producing “transgenic or GM” crops designed through bio-engineering.