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DAILY PRELIMS BOOSTER 5th JANUARY 2022

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    DAILY PRELIMS BOOSTER 5th JANUARY 2022

    Kisan Credit card: scheme was introduced in 1998 for providing adequate and timely credit support from the banking system under a single window with flexible and simplified procedures to the farmers for their cultivation and other needs like the purchase of agriculture inputs such as seeds, fertilizers, pesticides, etc. and draw cash for their production needs. KCC covers post-harvest expenses, produce marketing loan, consumption requirements of farmer household, working capital for maintenance of farm assets and activities allied to agriculture, investment credit requirement for agriculture and allied activities. The Kisan Credit Card Scheme is implemented by Commercial Banks, RRBs, Small Finance Banks, and Cooperatives.

    PM Garib Kalyan Yojana: was launched by the Government of India in 2016. Income taxpayers are given an opportunity to forgo prosecution by declaring their illegal money. The Scheme provides an opportunity for persons having undisclosed income in the form of cash or deposit in an account maintained with a specified entity (which includes banks, post office, etc.) to declare such income and pay tax, surcharge, and penalty totaling in all to 49.9 percent. of such declared income. Besides, the Scheme provides that a mandatory deposit of not less than 25% of such income shall be made in the Pradhan Mantri Garib Kalyan Deposit Scheme, 2016 (hereinafter ‘the PMGKY Deposit Scheme’) which has separately been notified by the Department of Economic Affairs.

    OmiSure: The Indian Council of Medical Research (ICMR) has approved a testing kit for detecting the Omicron variant of SARS-CoV-2. The kit is manufactured by Tata Medical and Diagnostics and is named OmiSure. The kit will be used to confirm Omicron in patients with its S-Gene Target Failure (SGTF) strategy. The kit currently in use to detect Omicron in India has been developed by the U.S.-based scientific instrumentation company Thermo Fisher. It, too, uses the SGTF strategy to detect the variant.

    Western disturbances: develop in the mid-latitude region (north of the Tropic of Cancer), not in the tropical region, therefore they are called mid-latitude storms or extra-tropical storms. Extra-Tropical Cyclones are also called winter storms and blizzards. Western Disturbances are low-pressure systems, embedded in western winds (westerlies) that flow from west to the east.

    Genome Sequencing: is figuring out the order of DNA nucleotides, or bases, in a genome—the order of Adenine, Cytosine, Guanines, and Thymine that make up an organism’s DNA. Sequencing the genome is an important step towards understanding it. The genome sequence will represent a valuable shortcut, helping scientists find genes much more easily and quickly. A genome sequence does contain some clues about where genes are, even though scientists are just learning to interpret these clues.

     

    READ MORE: Daily Prelims Booster

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