UPSC Notes EPFO Labour Law

2021-08-21 07:16:46 Current Affairs - 21 August 2021
==============================

1. Akshay Urja Diwas is observed on 20 August
Akshay Urja Diwas (Renewable Energy Day) is observed every year on 20 August to raise awareness about the developments and adoption of renewable energy in India. The Akshay Urja Day was initiated by the Indian Ministry for New & Renewable Energy Sources in 2004.

2. World Mosquito Day is observed on 20th August
World Mosquito Day is observed on 20 August annually to raise awareness about the causes of malaria and how it can be prevented. This day is observed to highlight the efforts of healthcare officials, NGOs, and others in fighting diseases caused by malaria. This year amid the coronavirus pandemic, the theme of World Mosquito Day 2021 is “Reaching the zero-malaria target”.

3. Sadbhavana Diwas is observed on 20th August
Every year India observes Sadbhavana Diwas on August 20 to commemorate the birth anniversary of late erstwhile Prime Minister, Rajiv Gandhi.

4. Delhi CM Arvind Kejriwal to inaugurate country’s first smog tower
Chief Minister Arvind Kejriwal will inaugurate the country’s first smog tower, at Baba Kharak Singh Marg, Connaught Place. The smog tower will clean 1,000 cubic metres of air every second and reduce PM 2.5 and PM 10 levels in Delhi.

5. Delhi-Chandigarh Highway first EV-friendly highway in India
Delhi-Chandigarh Highway has become the country’s first EV-friendly highway in the country. The network of stations was set up by Bharat Heavy Electricals Limited under the FAME-1 (Faster Adoption and Manufacturing of Hybrid & Electric Vehicles scheme of the Ministry of Heavy Industries.

6. Rajnath Singh launches Defence India Startup Challenge- DISC 5.0
Rajnath Singh launched Defence India Startup Challenge (DISC) 5.0 under Innovations for Defence Excellence – Defence Innovation Organisation (iDEX-DIO) initiative.

7. India launches UNITE Aware Platform in collaboration with UN
India has launched a tech platform named “UNITE Aware”, in collaboration with the UN, for improving the safety and security of the UN peacekeepers.

8. India ranks second in terms of crypto adoption in the world
India has ranked second in terms of crypto adoption worldwide behind Vietnam, but ahead of countries such as the US, UK, and China, according to the 2021 Global Crypto Adoption Index by blockchain data platform Chainalysis.

9. Amazon Alexa Gets Amitabh Bachchan’s Voice in India
Amazon has launched the voice of the 78-year-old Bollywood star Amitabh Bachchan as a part of its efforts to amuse existing users and attract new consumers to use its voice assistant over Google Assistant and Apple’s Siri.

10. Dharmendra Pradhan inaugurates Centre for Research & Innovation in AI set up at IIT-H
Dharmendra Pradhan has virtually inaugurated the Centre for Research and Innovation in Artificial Intelligence set up at the Indian Institute of Technology-Hyderabad (IIT-H). He also inaugurated the first Academic Building of the Department of Materials Science & Metallurgical Engineering, High-Performance Computing Centre and High-Resolution Electron Microscopy Facility. Open / Comment

2021-08-20 07:21:27 देखे आज के टॉप टेन करेंट अफेयर्स सिर्फ 5 मिनट में






Open / Comment

2021-08-20 03:54:33 DIFFERENT TYPES OF BONDS

PERPETUAL BONDS:- These types of bonds pay a coupon rate on the face value till the life of the company. Though Perpetuity means forever, bonds with maturity above 100 years are also considered to be perpetual bonds.

CONVERTIBLE BONDS:- Convertible bonds are a special variety of bonds which have an inbuilt feature of being converted to equity shares at a specified time at a pre-set conversion price.

FOREIGN CURRENCY CONVERTIBLE BONDS:- Foreign currency convertible bond is a special type of bond issued in the currency other than the home currency. In other words, companies issue foreign currency convertible bonds to raise money in foreign currency.

EXCHANGEABLE BONDS:- These bonds are similar to the convertible bonds but differ in one aspect that they can be exchanged for equity shares but not of the issuer. These can be exchanged for equity shares of another company which the issuer may have stakeholding.

CALLABLE BONDS:- Bonds that are issued with a specific feature where the issuer has the right to call back the bonds at a pre-agreed price and a pre-fixed date are called as callable bonds. Since these bonds allow a benefit to the issuer to repay off the liability before maturity, these bonds usually offer a coupon rate higher than a normal straight coupon-bearing bond.

PUTTABLE BONDS:- Bonds that are issued with a specific feature where the bondholder has the right to return back the bonds at a pre-fixed date before maturity are called as puttable bonds. Since these bonds allow a benefit to the bondholders to ask for the principal repayment before maturity, these bonds usually offer a coupon rate lower than a normal straight coupon-bearing bond.

TREASURY STRIPS:- In the US, Government dealer firms usually break down a coupon-bearing bond into a series of zero coupon bonds by considering each cash flow as a separate bond. For example, a 5-year semiannual coupon-bearing bond can be split into 10 zero coupon bonds with coupon amount as face value and 1 zero coupon bond with principal amount as the face value. The bond stripping usually is done to increase liquidity and facilitate easy tradability.

YANKEE BONDS:- A dollar-denominated bond issued in the US by an issuer who is outside the US is called as Yankee bond.

SAMURAI BONDS:- A yen-denominated bond issued in Japan by an issuer who is outside Japan is called as Samurai bond.

Shogun Bonds: A non-Yen denominated bond issued in Japan by an issuer who is outside Japan is called as Shogun bond. Open / Comment

2021-08-20 03:49:46 करेंट अफेयर्स - 20 अगस्त 2021
==============================

1. विश्व मानवतावादी दिवस 19 अगस्त को मनाया जाता है
विश्व मानवतावादी दिवस हर साल 19 अगस्त को मानवीय कर्मियों और उन श्रमिकों को श्रद्धांजलि देने के लिए मनाया जाता है जिन्होंने मानवीय सेवा करते हुए अपनी जान गंवाई या अपनी जान जोखिम में डाली। 2021 का विषय #TheHumanRace है: जलवायु कार्रवाई के लिए एक वैश्विक चुनौती उन लोगों के साथ एकजुटता में जिन्हें इसकी सबसे अधिक आवश्यकता है।

2. विश्व फोटोग्राफी दिवस 19 अगस्त को मनाया जाता है
फोटोग्राफी को एक हॉबी के रूप में बढ़ावा देने के लिए हर साल 19 अगस्त को विश्व फोटोग्राफी दिवस मनाया जाता है और दुनिया भर के फोटोग्राफरों को दुनिया के बाकी हिस्सों के साथ तस्वीरें साझा करने के लिए प्रेरित करता है। पहला आधिकारिक विश्व फोटोग्राफी दिवस 19 अगस्त, 2010 को मनाया गया।

3. ओडिशा स्मार्ट हेल्थ कार्ड प्रदान करने वाला पहला भारतीय राज्य बन गया है
ओडिशा बीजू स्वास्थ्य कल्याण योजना के तहत 96 लाख परिवारों के 3.5 करोड़ लोगों को कवर करते हुए भारत की पहली 'स्मार्ट हेल्थ कार्ड योजना' शुरू करने के लिए पूरी तरह तैयार है। स्मार्ट हेल्थ कार्ड के पीछे का उद्देश्य सर्वोत्तम उपलब्ध स्वास्थ्य देखभाल सुविधाओं पर परेशानी मुक्त गुणवत्तापूर्ण उपचार प्रदान करना है। ये कार्ड एक निश्चित राशि के लिए डेबिट कार्ड की तरह काम करेंगे।

4. भारतीय नौसेना ने वियतनाम के साथ किया द्विपक्षीय समुद्री अभ्यास
भारतीय नौसेना और वियतनाम पीपुल्स नेवी ने दोनों नौसेनाओं के बीच रक्षा संबंधों को मजबूत करने के लिए दक्षिण चीन सागर में एक द्विपक्षीय समुद्री अभ्यास (bilateral maritime exercise) किया।

5. पीआर श्रीजेश होंगे केरल एडवेंचर टूरिज्म के ब्रांड एंबेसडर
ओलंपियन परट्टू रावेन्द्रन श्रीजेश, गोलकीपर और भारतीय राष्ट्रीय हॉकी टीम के पूर्व कप्तान को केरल में साहसिक पर्यटन के ब्रांड एंबेसडर के रूप में नामित किया जाना तय है। श्रीजेश उस भारतीय हॉकी टीम का हिस्सा थे जिसने टोक्यो 2020 ओलंपिक खेलों में कांस्य पदक जीता था।

6. राउंड ट्रिपिंग के लिए आरबीआई 'रेगुलेटरी गार' पेश करेगा
भारतीय रिजर्व बैंक राउंड-ट्रिपिंग को हतोत्साहित करने के लिए विदेशी निवेश से संबंधित मौजूदा विनियमन में संशोधन के साथ एक मसौदा नियम लेकर आया है। केंद्रीय बैंक मौजूदा नियमों में बदलाव करना चाहता है और राउंड-ट्रिपिंग के लिए मसौदा नियमों के साथ आया है।

7. विश्व एथलेटिक्स U20 चैंपियनशिप नैरोबी में शुरू
विश्व एथलेटिक्स U20 चैंपियनशिप का 2021 संस्करण केन्या के नैरोबी में शुरू हो गया है। विश्व U20 चैंपियनशिप 17 से 22 अगस्त, 2021 तक आयोजित की गई है।

8. सीडीएस जनरल रावत द्वारा जारी "ऑपरेशन खुकरी" पर एक पुस्तक
सीडीएस जनरल बिपिन रावत को लेखक मेजर जनरल राजपाल पुनिया और सुश्री दामिनी पुनिया द्वारा "ऑपरेशन खुकरी" पुस्तक भेंट की गई। पुस्तक संयुक्त राष्ट्र के हिस्से के रूप में सिएरा लियोन में भारतीय सेना के सफल बचाव मिशन पर प्रकाश डालती है।

9. RBI ऋणदाताओं द्वारा अनुपालन को मजबूत करने के लिए एक "PRISM" स्थापित करेगा
भारतीय रिज़र्व बैंक पर्यवेक्षित संस्थाओं द्वारा अनुपालन को मजबूत करने के लिए स्थापित कर रहा है एक मंच विनियमित संस्थाओं के लिए एकीकृत पर्यवेक्षण और निगरानी के लिए वेब-आधारित एंड-टू-एंड वर्कफ़्लो स्वचालन प्रणाली। इसका उद्देश्य पर्यवेक्षित संस्थाओं को उनकी आंतरिक सुरक्षा और लचीलेपन को मजबूत करने और मूल कारण विश्लेषण पर ध्यान केंद्रित करने में मदद करना है। Open / Comment

2021-08-20 03:49:46 Current Affairs - 20 August 2021
==============================

1. World Humanitarian Day is observed on August 19
World Humanitarian Day is observed every year on 19 August to pay tribute to humanitarian personnel and those workers who lost or risked their lives while doing humanitarian service. The theme for 2021 is #TheHumanRace: a global challenge for climate action in solidarity with people who need it the most.

2. World Photography Day is observed on August 19
World Photography Day is celebrated on 19 August every year to promote photography as a hobby and also inspire photographers around the globe to share a single photo with the rest of the world. The first official World Photo Day was observed on August 19, 2010.

3. Odisha to become 1st Indian state to Provide Smart Health Cards
Odisha is all set to launch India’s first ‘Smart Health Cards scheme’ covering its 3.5 crore people of 96 lakh families under the Biju Swasthya Kalyan Yojana. The objective behind Smart Health Cards is to provide hassle-free quality treatment at the best available health care facilities. These cards will work like debit cards for a certain amount.

4. Indian Navy Conducts Bilateral Maritime Exercise with Vietnam
The Indian Navy and Vietnam People’s Navy (VPN) undertook a bilateral maritime exercise in the South China Sea, to strengthen the defence ties among the two navies.

5. PR Sreejesh to be brand ambassador of Kerala adventure tourism
Olympian Parattu Raveendran Sreejesh, goalkeeper and former captain of the Indian National Hockey team is set to be named as the brand ambassador of adventure tourism in Kerala. Sreejesh was a part of the Indian Hockey team that won the bronze medal at the Tokyo 2020 Olympic games.

6. RBI to introduce ‘Regulatory GAAR’ for round tripping
The Reserve Bank of India has come up with a draft rule with modifications in the existing regulation related to foreign investment to discourage round-tripping. The central bank is looking to tweak the existing regulations and has come up with draft rules around round-tripping.

7. World Athletics U20 Championships begins in Nairobi
The 2021 edition of the World Athletics U20 Championships has been started in Nairobi, Kenya.

8. A book on “OPERATION KHUKRI” released by CDS General Bipin Rawat
CDS General Bipin Rawat was presented a book “OPERATION KHUKRI” by authors Major General Rajpal Punia & Ms Damini Punia. The book highlights the Indian Army’s successful rescue mission in Sierra Leone as part of the United Nations.

9. RBI to put in place a “PRISM” to strengthen compliance by lenders
The Reserve Bank of India is putting in place a Platform for Regulated Entities for Integrated Supervision and Monitoring (PRISM), a web-based end-to-end workflow automation system, to strengthen compliance by supervised entities (SEs). This is aimed at helping supervised entities to strengthen their internal defences and resilience and bringing focus on root cause analysis (RCA) Open / Comment

2021-08-19 08:24:21 UPSC EPFO MCQs on Payment of Wages Act 1936

https://examscart.com/mcqs-on-payment-of-wages-act-1936/ Open / Comment