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- IFSC Code
Indian Financial System Code (IFSC) is an eleven-character alphanumeric code that helps in transferring funds online. This 11-character code helps in identifying the bank branches where people have their bank accounts that participate in the various online money transfer options like National Electronic Funds Transfer (NEFT), Real-Time Gross Settlements (RTGS), IMPS and Unified Payment Interfaces (UPI).
- Farm Bills
On September 27, India's President gave assent to three farm bills passed by the Parliament a week ago.What are the three farm bills passed by the governmentFarmer's Produce Trade and Commerce(Promotion and Facilitation) Bill, 2020Through this, farmers can enter into ‘written agreements’ with anyone, including a company, and sell them their produce for a set period of time, as per the contract. In other words, companies can now have contracts with farmers for buying produce. They can set the price for the produce, the standards and qualities, and other legalities beforehand.
A type of cryptocurrency, Bitcoin is a digital currency created in January 2009 following the housing market crash. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralised authority, unlike government-issued currencies. There are no physical bitcoins, only balances kept on a public ledger that everyone has transparent access to, that – along with all Bitcoin transactions – is verified by a massive amount of computing power. Balances of Bitcoin tokens are kept using public and private "keys," which are long strings of numbers and letters linked through the mathematical encryption algorithm that was used to create them.
- E-way Bill
E-way bill or Electronic-way bill is a document introduced under the GST regime that needs to be generated before transporting or shipping goods worth more than Rs 50,000 within state or inter-state.It is usually a unique bill number generated for the specific consignment involving the movement of goods.
Insolvency and Bankruptcy Code (IBC) 2016 was implemented through an act of Parliament. It got Presidential assent in May 2016.Centre introduced the IBC in 2016 to resolve claims involving insolvent companies.The bankruptcy code is a one stop solution for resolving insolvencies, which previously was a long process that did not offer an economically viable arrangement. The code aims to protect the interests of small investors and make the process of doing business less cumbersome. The IBC has 255 sections and 11 Schedules.IBC was intended to tackle the bad loan problems that were affecting the banking system.The IBC process has changed the debtor-creditor relationship. A number of major cases have been resolved in two years, while some others are in advanced stages of resolution.It provides for a time-bound process to resolve insolvency. When a default in repayment occurs, creditors gain control over debtor’s assets and must take decisions to resolve insolvency. Under IBC, debtor and creditor both can start 'recovery' proceedings against each other.Companies have to complete the entire insolvency exercise within 180 days under IBC. The deadline may be extended if the creditors do not raise objections on the extension. For smaller companies, including startups with an annual turnover of Rs 1 crore, the whole exercise of insolvency must be completed in 90 days and the deadline can be extended by 45 days. If debt resolution doesn't happen the company goes for liquidation.
Financial Crimes Enforcement Network (FinCEN) is a part of the United States of America's Department of the Treasury. Established on April 25, 1990, FinCEN collects information about financial transactions and analyses it to prevent domestic and international money laundering, terrorist financing, and other financial crimes.Why is FinCEN in newsPanama Papers, Paradise Papers and now, FinCEN Files. The case sheds light into the dubious transactions involving potential money laundering, terrorism, drug dealing or financial fraud around the world. In 2020, media houses, who are part of the International Consortium of Investigative Journalists (ICIJ) and 109 other news publications, uncovered stories of suspected cases of financial frauds worth $2 trillion. These transactions took place between 2000 and 2017.Read More..
A creditor is an entity, a company or a person of a legal nature that has provided goods, services, or a monetary loan to a debtorOnce a creditor has given a loan, the payment is expected at a later date, typically agreed upon beforehand. Usually, each creditor has a specific agreement with their debtors about the terms of payment, discount offerings, etc.
- IP Address
IP (Internet Protocol) Address is an address of your network hardware. It helps in connecting your computer to other devices on your network and all over the world. An IP Address is made up of numbers or characters.
An application programming interface (API) is a computing interface which defines interactions between multiple software intermediaries. It defines the kinds of calls or requests that can be made, how to make them, the data formats that should be used, the conventions to follow, etc.
A VPN, or Virtual Private Network, allows you to create a secure connection to another network over the Internet. VPNs can be used to access region-restricted websites, shield your browsing activity from prying eyes on public Wi-Fi, etc.VPNs originally were just a way to connect business networks together securely over the internet or allow you to access a business network from home.VPNs essentially forward all your network traffic to the network, which is where the benefits – like accessing local network resources remotely and bypassing Internet censorship – all come from. Most operating systems have integrated VPN support.
- Dalai Lama
Tenzin Gyatso is the 14th Dalai Lama of Tibetan Buddhism. He was born on July 6, 1935, to a farming family, in a small hamlet located in Taktser, Amdo, northeastern Tibet.The Dalai Lama belongs to the Gelugpa tradition of Tibetan Buddhism, which is the largest and most influential tradition in Tibet.
- Ishant Sharma
Date of Birth: Sep 02, 1988Country: IndiaRole: BowlerBowling style: Right-arm medium-fastBatting style: Right-handed batsmanHeight: 6 ft 5 in (195 cm)Teams: India, Delhi, India Red, Kolkata Knight Riders, Deccan Chargers, Rest of India, India A, North Zone, Sunrisers Hyderabad, Indians, Rising Pune Supergiant, Kings XI Punjab, India Blue, Sussex, Delhi CapitalsIshant Sharma is an Indian cricketer and represents Delhi Capitals in Indian Premier League. Ishant busted into the international scenes by bowling a dream spell to Australian legend Ricky Ponting during Perth Test in 2018. He was drafted into the Indian squad for Australia tour after he took 5-140 against Pakistan at flat track of M Chinnaswamy stadium. Ishant started playing cricket at the age of 14 and four years later made Ranji Trophy debut for Delhi.Read More..
- Sanju Samson
Date of Birth: November 11, 1994Country: IndiaRole: Wicketkeeper batsmanBatting style: Right-handed batsmanTeams: India, Kolkata Knight Riders, India U19, Kerala, East Zone, South Zone, Rajasthan Royals, India A, Indians, India AT20, Delhi Capitals, Indian Board Presidents XISanju Samson is Indian cricket, who represents Rajasthan Royals in the Indian Premier League. He bats right-handed and recognized as one of best wicket keepers in India. He belongs to Kerala and made his first-class debut against Vidarbha at the age of 17. He is the youngest batsman to score 1,000 runs in the IPL and the youngest cricketer to captain a Ranji trophy side.
- Quinton de Kock
Date of Birth: December 17, 1992Country: South AfricaRole: Wicket-keeper batsmanBatting style: Left-handedTeams: South Africa, Delhi Daredevils, Easterns, Gauteng, Gauteng Under-19s, Lions, Mumbai Indians, Royal Challengers Bangalore, South Africa Under-19s, Sunrisers Hyderabad, Titans
- IPL Champions
The Indian Premier League (IPL) is a domestic T20 tournament organised by the Board of Control for Cricket in India (BCCI). IPL is regarded as one of the best and richest T20 tournaments in the world, recording player participation from almost every cricketing nation. India’s franchise-based tournament is governed by the IPL governing council which belongs under BCCI. In the 12 seasons played so far as many as 13 teams – Chennai Super Kings (CSK), Mumbai Indians (MI), Kolkata Knight Riders (KKR), Sunrisers Hyderabad (SRH), Royal Challengers Bangalore (RCB), Delhi Capitals (Delhi Daredevils), Rajasthan Royals (RR), Kings XI Punjab (KXIP), Rising Pune Supergiants, Gujarat Lions, Kochi Tuskers Kerala, Sahara Pune Warriors and Deccan Chargers) – have participated. However, five teams are no longer part of the Indian Premier League at present for varied reasons. Kochi Tuskers Kerala was terminated by BCCI for contractual breach in 2011 while the Deccan Chargers franchise was terminated in 2012 for backing off from its commitments.
- Kamala Harris
Kamala Harris is the Democratic Party’s vice-presidential pick for the November 2020 US Presidential election, in which Joe Biden is the party’s candidate to take on incumbent President Donald Trump. Harris is the first woman of colour on a major party ticket in the United States. Biden and Harris will take on Republican candidates Trump and Mike Pence in the upcoming elections.Read More..
- Joe Biden
Former Vice-President of the US, Joe Biden, is the Democratic Party’s candidate for the November 2020 presidential election against incumbent President Donald Trump, along with Kamala Harris as his running mate. Passionate about and committed to asserting and defending America’s role “as a leader on the global stage”, Biden was that country’s 47th Vice-President and deputy to President Barack Obama.Biden, 77, was born in Scranton, Pennsylvania, in 1942. In 1972, at the age 29, he became one of the youngest people ever elected to the US Senate. He went on to serve as a six-term senator from Delaware.
- Warren Buffett
Warren Buffett is a businessman, philanthropist and one of the most successful and widely respected investors globally. His net worth was estimated at $71.8 billion as of July 2020. Buffet's investment philosophy is widely followed around the globe.
- Tim Cook
Tim Cook is the current chief executive officer of Apple Inc and a member of its board of directors. He joined the company in March 1998. On August 24, 2011, he was made the CEO of Apple after the resignation of Steve Jobs. Tim Cook’s net worth is estimated at $625.37 million. He's a hugely influential player in technology, design, publishing, and entertainment.
- Jack Ma
Jack Ma is the co-founder of Alibaba Group, which started as an e-commerce company and has now transcended into a multinational tech conglomerate. Formerly an English teacher, Ma founded Alibaba.com in 1999 with 17 co-founders in a small apartment in Hangzhou city of eastern China. However, this was not his first foray into the world of business.Read More..
- International Day of World’s Indigenous People
International Day of World’s Indigenous People Day is celebrated on August 9j every year. The day is celebrated to spread awareness about the indigenous population around the world and to also protect their rights. The indigenous population across the world stays in close contact with nature. The places they reside in are home to around 80% of the world’s biodiversity. The day also recognizes the contributions made by them to protect the world’s environment.
- World Mental Health Day
World Mental Health Day is celebrated on 10th October every year. The day is marked for global mental health education and awareness. The day is also celebrated to advocate against social stigma associated with mental health issues. The day was celebrated for the first time in 1992 at the initiative of the World Federation for Mental Health, a global mental health organisation with members in more than 150 countries.
- World Food Day
World Food Day is celebrated every year around the world on October 16. The day is celebrated to mark the anniversary of the founding of Food and Agriculture Organisation (FAO) OF THE United Nations in 1945. Many other organisations concerned with food security such as the World Food Programme, International Fund for Agricultural Development also celebrate the day.
- United Nations Day
United Nations Day is celebrated on October 24 every year. It marks the official establishment of the United Nations in 1945. On this day, the UN Charter was ratified by the majority of signatories, including the five permanent members of the Security Council, and this led to the official establishment of UN. The Day was first celebrated in 1948. The UN, in 1971, also recommended the member states to observe it as a public holiday.
- World Habitat Day
World Habitat Day is marked on the first Monday of every October every year. The day is officially recognised by the United Nations. The day is observed to acknowledge the state of our towns and cities, and the basic right of all to adequate shelter. The day is meant to remind the people about their power and responsibility to shape the future of our cities.
- International Day of Non-Violence
The United Nations observes the International Day of Non-Violence on 2nd October which is the birth anniversary of Mahatma Gandhi, a leader of India’s freedom movement and a pioneer of the philosophy of Non-Violence. The objective of the day is to spread awareness about the idea of non-violence through education. The day was first observed in 2007.
- International Translation Day
International Translation Day is celebrated on September 30 every year to celebrate the work of translators, language professionals who play an important role in ensuring a dialogue between countries contributing to development and strengthening of world peace.The day was first established in 1991 by the International Federation of Translators (FIT) to show solidarity of the global translation community and to promote the profession of translation. The Federation is a conglomeration of associations which represents translators, interpreters, and terminologists. It was established in 1953.
- World Tourism Day
World Tourism Day is celebrated each year on September 27 to spread awareness about the importance of tourism and its impact on our society. The day is also celebrated to spread awareness about global challenges outlined in the 2030 Agenda for Sustainable Development and to underline the efforts the tourism industry can make achieving the sustainable development goals.
- World Heart Day
World Heart Day is celebrated on September 29 every year. The day is celebrated to spread awareness about the cardiovascular disease which causes nearly half of all the non-communicable diseases in the world.In May 2012, world leaders committed themselves to reduce the deaths caused by non-communicable diseases by 25% by 2025. According to the World Health Organisation (WHO), cardiovascular diseases take the lives of 17.9 million people every year, which is 31% of all the global deaths.
- Gandhi Jayanti
Gandhi Jayanti is celebrated on 2nd October every year to mark the birth anniversary of Mohandas Karamchand Gandhi, who was famously known as Mahatma Gandhi.Father of the Nation, as he was called, led India’s freedom movement along with many other national leaders against the British rule in India. His method of non-violence inspired many civil rights movements across the world. To celebrate his contribution to the nation, 2nd October is celebrated every year as a national holiday. The day is also celebrated as the International Day of Non-Violence by the United Nations.
- Get Birth Certificate
How to get a birth certificate in India? Amid the row over Citizenship Amendment Act and National Register of Citizens (NRC), reports have emerged of scores of people gathering at municipal corporation offices across the country to get their birth certificates. While a birth certificate is only one of the documents required under NRC along with school leaving certificates, documents relating to land, etc, registration of birth is, however, mandatory across the country. Read More..
- File GST returnEvery registered taxpayer in India, according to law, is required to file returns for a prescribed tax period before a specified due date. Like all earning individuals have to file income-tax returns (ITR), all business owners, dealers, traders and taxpayers registered under the Goods and Services Tax (GST) system need to file GST returns. Read More..
- Dharavi Slum
Dharavi, infamous as one of the world's largest slums, is located in the heart of India's financial capital - Mumbai. A city within a city, it is one unending stretch of narrow dirty lanes, open sewers and cramped huts. Read More..
- Motera StadiumThe Gujarat Cricket Association-owned Sardar Patel Stadium, more popularly known as Motera Stadium, is one of the premier cricket grounds in India. The venue is located in Ahmedabad city in the state of Gujarat. Read More..
- Arun Jaitley stadiumThe Arun Jaitley stadium in Delhi is the second oldest cricket stadium in India. Also known as Ferozeshah Kotla ground, the stadium hosts international, Indian Premier League (IPL) and domestic cricket matches. Read More..
- Jim Corbett National ParkJim Corbett National Park is situated at the foothills of the Himalayas, Jim Corbett National Park in Uttarakhand is India's oldest national park. It was established in 1936 as Hailey National Park to save the endangered species of Bengal Tiger and was first renamed Ramganga in the mid-1950s, before the name was finally changed to Corbett later that decade in memory of Jim Corbett, a well-known British sportsman and writer. Read More..
- Motera Stadium
- File GST return