Tnpsc Aura

* DAILY PRELIMS IN DETAIL * (30/05/2020) ====================== Qn.1) Consider the following statements 1.  The Speaker is empowered to force a Member to withdraw from the House, or to place him/her under suspension only after consultation with Rules Committee 2. The speaker is empowered to revoke a suspension of a member upon his/her discretion. Which of the above statements is/are correct? (a) 1 only (b) 2 only (c) Both 1 and 2 (d) Neither 1 nor 2 Ans: (d) Neither 1 nor 2 NOTES: Rule Number 373 of the Rules of Procedure and Conduct of Business says: “The Speaker, if is of the opinion that the conduct of any Member is grossly disorderly, may direct such Member to withdraw immediately from the House, and any Member so ordered to withdraw shall do so forthwith and shall remain absent during the remainder of the day’s sitting.” While the Speaker is empowered to place a Member under suspension, the authority for revocation of this order is not vested in her. It is for th...

* DAILY PRELIMS IN DETAIL * (29/05/2020) ====================== Qn.1)  Hague convention, often seen in the news, is related with: (a) Child Abduction (b) Hazardous Chemical substances (c) Sustainable development (d) IMF formation Ans: (a) Child Abdution NOTES: The Hague Convention on the Civil Aspects of International Child Abduction or Hague Abduction Convention is a multilateral treaty developed by the Hague Conference on Private International Law that provides an expeditious method to return a child internationally abducted by a parent from one member country to another. It is related with Child Adoption Regulatory Authority (CARA). ========================== Qn.2) With reference to North-East Venture Fund (NEVF), consider the following statements 1. It is a close-ended fund with a capital commitment of Rs 100 crore. 2. It is the first dedicated venture capital fund for the North Eastern Region. 3. It is initiated by  North Eastern Development Finance Corpor...

CURRENT AFFAIRS TEST SOURCE : VAJIRAM IAS ACADEMY LIVE TEST -1 ( CLICK HERE FOR PDF ) LIVE TEST - 2 ( CLICK HERE FOR PDF ) LIVE TEST - 3 ( CLICK HERE FOR PDF )

* DAILY PRELIMS IN DETAIL* (28/05/2020) ====================== Qn.1) With reference to in- flight Wi-fi connectivity consider the following statements 1. In flight Wi-Fi connectivity can only be accessed through  satellite-based services. 2. At present In-flight Wi-Fi connectivity is banned in India. Which of the above statements is/are correct? (a) 1 only (b) 2 only (c) Both 1 and 2 (d) Neither 1 nor 2 Ans: (d) Neither 1 nor 2 NOTES: In-flight connectivity systems use two kinds of technologies– terrestrial and satellite internet services. Once flight mode is activated, the plane’s antenna will link to terrestrial Internet services provided by telecom service providers. Then, when the aircraft has climbed to 3,000 m, the antenna will switch to satellite-based services. This way, there will be no break in Internet services to passengers, and cross-interference between terrestrial and satellite networks will be avoided. IMPORTANCE : The government has permitted airl...

WHAT ARE AT-1 BONDS ===================== • Additional Tier-1 (AT-1) bonds are unsecured perpetual bonds — with no maturity — issued by banks to  shore up  their capital base  to meet Basel  III  requirements. • The RBI is the regulator for these bonds. • TheAT-1Bonds was  introduced  by Basel  III  post  the  2008   financial  crisis,  to  protect  depositors  of  a  bank  on a going concern basis. These bonds are also commonly known as Contingent convertible capital instruments (CoCos). • Under  the  Based  III  framework,  bank’s  regulatory capital is divided into Tier 1 and Tier 2 capital. Tier 1  capital is subdivided into Common Equity (CET) and  Additional Capital (AT1). In  simple  terms,  equity and preference capital is classified as CET and perpetual bonds are classified  as AT1. Together, CET ...