WHY IN THE NEWS?
NITI Aayog’s Atal Innovation Mission (AIM) launched a new digi-book-called “Innovations for You” in a bid to showcase the success stories of start-ups set up under the Atal Innovation Mission in different domains.
First Edition of the Book
NITI Aayog’s Digi Book
Aim of the book
The Digi-book was launched with the aim of serving as an encouragement for upcoming entrepreneurs in order to work on the path of creativity and imagination for addressing some of the pressing challenges in India. It also aims to showcase best innovations and entrepreneurs to bring them the forefront.
Significance
This book will showcase how young India is slowly and steadily progressing towards becoming a world-class leader.
Atal Innovation Mission
It is a flagship initiative by NITI Aayog launched with the aim of promoting innovation and entrepreneurship culture in India. This mission was launched with the objective of creating an umbrella structure for revolutionising innovation ecosystem of India.
Read MoreWHY IN THE NEWS?
South Korea has launched its first ever space rocket on October 21, 2021. This is the first rocket completely developed and built in South Korea. However, it failed to successfully deploy a test satellite into orbit.
About:
 The rocket is called as “Nuri”.
About Nuri Spacecraft
Nuri is the South Korea’s first space launch vehicle that was developed and built completely using the South Korean technology. It is a three-stage rocket and is powered by five rocket engines for completing its first and second stages. Another engine is used in the final stage of the rocket. Rocket is designed to carry a payload of around 1.5 tons to an orbit between 600 to 800 kilometres above Earth.
Why this mission failed?
This mission failed because the third-stage engine stopped burning some 50 seconds earlier than it was expected. This in turn prevented the payload from reaching its right speed for reaching into the orbit. Second attempt of the Nuri spacecraft have been planned for May.
Significance of the launch
South Korea was earlier dependent on other countries for launching its satellites since early 1990s. Now it is trying to become the 10th country to send satellite into space using its own technology.
Read MoreWHY IN THE NEWS?
The United States categorised India as a ‘country of concern’ on climate in the assessment of the American Intelligence Community in its report called “National Intelligence Estimate (NIE) on climate”.
About:
National Intelligence Estimate (NIE) report
This was the first ever “National Intelligence Estimate (NIE) on climate”. It was put together by US Office of the Director of National Intelligence. The IC (Intelligence Community) had identified 11 countries as well as two regions of concern with respect to threat from climate change.
Read MoreWHY IN THE NEWS?
The United States has successfully tested the hypersonic missile technology on October 20, 2021.
About:
Purpose of the Missile
Missile will be used to trace a low trajectory in atmosphere by making them harder to defend.
China’s Hypersonic Missile
China had conducted a test of Hypersonic Missile with nuclear capacity in August 2021. China’s hypersonic missile completed a circuit of Earth before landing. However, it missed its target. According to China, it was a routine test for a spacecraft rather than a missile. China launched hypersonic medium-range missile called “DF-17” in the year 2019. This hypersonic missile can travel about 2000 kilometres and can carry nuclear warheads.
Russia’s Hypersonic Missile
Russia also launched a hypersonic missile called the Zircon, recently. It was launched from a submarine. It also has Avangard Missiles in service since late 2019. The Avangard can travel at a speed up to Mach 27.
Read MoreWHY IN THE NEWS?
Recently, the Union government has renamed Mount Harriet of Andaman and Nicobar (A&N) Islands to Mount Manipur.
About:
Anglo-Manipuri War:
Background:
British Imposition:
Culmination:
Read More
WHY IN THE NEWS?
Recently, the National Oceanic and Atmospheric Administration (NOAA, an American scientific agency) has declared that La Niña has re-developed. Consecutive La Niña is called Double-Dip.
About:
ENSO:
WHY IN THE NEWS?
Recently, the 2021 Production Gap Report was released by the leading research institutes and the United Nations Environment Programme (UNEP).
Findings of the Report:
Increase in Production Gap:
Effects of Covid-19:
India’s Position:
Suggestions:
WHY IN THE NEWS?
Mount Aso volcano in Japan, erupted on October 20, 2021, and emitted a giant column of ash about thousands of metres into the sky.
About:
Background
Mount Aso last erupted in the year 2016. The Japan Meteorological Agency had then raised its warning for Mount Aso to the level that was reported on October 20.
About Mount Aso
Mount Aso is the largest active volcano in Japan and one among the largest across the world. The volcano stands on the island of Kyushu, in Aso Kuju National Park in Kumamoto Prefecture. Its peak is 1,592 meters above sea level. It has a fairly large caldera, having a circumference of about 120 km. The caldera dominates the island Kyushu, where it is a popular tourist draw.
Volcano in Japan
Japan is among the world’s most volcanically active countries. It is located on the Pacific “Ring of Fire” where a large proportion earthquakes and volcanic eruptions are recorded. Japan suffered its deadliest eruption in the month of September 2014, when Mount Ontake burst unexpectedly. It killed 63 people
Kyushu Island
It is the third largest island out of five main islands. It is mountainous and house to Japan’s active volcano called Mount Aso.
Read MoreWHY IN THE NEWS?
Reserve Bank of India (RBI) has imposed monetary penalty on two payment system operators viz., Paytm Payments Bank Ltd (PBBL) as well as Western Union Financial Services Inc.
About:
 RBI levied a penalty of Rs 1 crore on PBBL. Penalty was imposed because of an offence related to Payment and Settlement Systems Act, 2007 (PSS Act).
Offense by PBBL
In the application for issue of final Certificate of Authorisation (CoA) of PBBL, RBI observed that PPBL had submitted information which did not reflect the factual position. This was an offence of the nature in accordance with Section 26 (2) of the PSS Act.
Offense by Western Union
Western Union reported the case of breach in ceiling of 30 remittances per beneficiary during 2019 and 2020. It filed an application for compounding of the violation.
Western Union Company
It is an American multinational financial services company. It is headquartered in Denver, Colorado. The company was founded in the year 1851 as “New York and Mississippi Valley Printing Telegraph Company”. In the year 1856, company changed its name to the Western Union Telegraph Company.
Paytm Payments Bank (PBB)
The Indian payments bank called PBB was founded in 2015. It is headquartered in Noida. PBB received the license to run a payments bank from RBI in 2015. It was finally launched in November 2017.
Read MoreWHY IN THE NEWS?
India crossed another significant milestone in its fight against the covid-19 pandemic on October 21, 2021. It touched the mark of 100 crore Covid vaccinations including the first as well as second doses.
About:
Vaccination count
Data on vaccines shows that India’s inoculation drive has been fairly equitable. More than 65 per cent of total vaccine doses are being administered across rural areas. 74 per cent of the estimated adult population have received first dose of the vaccine while 31 per cent are fully vaccinated.
India’s vaccination drive
India started its COVID-19 vaccination drive on January 16, 2021. As of October 21, 2021, India has crossed 100 crores mark, including first and second doses. About half of the eligible population has got at least one shot, while 19 per cent have received both the doses. India initially approved Oxford–AstraZeneca vaccine and Covaxin. Later, these vaccines were joined by the Sputnik V, Johnson & Johnson vaccine, Moderna vaccines and ZyCoV-D.
First Phase of Vaccination
In the first phase of vaccination, about 30 million health who were directly dealing with Covid-19 patients as well as frontline workers received the vaccine. In subsequent phases, vaccination plan was rolled out for other people.
Read More© 2025 Civilstap Himachal Design & Development