Knowledge Zone

Facts and trivia, news and views, government policies, bills and acts, PIB News, latest happening and all the other news not covered in any section.

11 Interesting Facts You Must Know About ‘Quantum Supremacy’

Google and NASA have just announced that they have achieved ‘quantum supremacy’. That is the ability of quantum computers to perform certain tasks that a classical computer simply cannot do in a reasonable timeframe. Their quantum computer solved a problem in 200 seconds that would take the world’s fastest supercomputer 10,000 years. Simply put, “quantum …

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BIMSTEC And India

This regional organization comprises seven countries namely Bangladesh, Bhutan, India, Nepal, Sri Lanka, Myanmar and Thailand. Five of the member countries come from South Asia and two countries, namely, Myanmar and Thailand come from Southeast Asia. These countries are lying in the littoral and adjacent areas of the Bay of Bengal constituting a contiguous regional …

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The Financial Action Task Force (FATF)

The Paris-headquartered Financial Action Task Force (FATF) is an inter-governmental body. It was established in 1989 by the Ministers of its Member jurisdictions. The objectives of the FATF are to set standards and promote effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing and other related threats to the integrity …

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MCLR

A minimum rate at which a bank can lend is called MCLR. This rate is determined by a bank internally. This methodology was introduced by the RBI in 2016. Before this, base rate system was used by to determine lending rate. Base rate system was introduced in 2010. MCLR is more transparent method than the …

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National Educational Alliance for Technology (NEAT) Scheme

A new PPP scheme for achieving better learning outcomes in higher education through the use of technology has been announced by the Ministry of Human Resource Development. The programmes name is the National Educational Alliance for Technology (NEAT). The Objective With the help of Artificial Intelligence make learning more personalized and customized. Bring all the …

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Vulture Conservation and Breeding Centres (VCBC)

Presently, India has nine Vulture Conservation and Breeding Centres (VCBC). Three of these nine centres are directly administered by the Bombay Natural History Society (BNHS). The major reason behind the vulture population getting nearly wiped out was the drug Diclofenac, found in the carcass of cattle the vultures fed on. The drug was banned in …

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