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Monthly DNA

25 Feb, 2021

17 Min Read

Accredited Investor

GS-III : Economic Issues Stock market

Accredited Investor

  • SEBI has proposed to introduce the concept of ‘accredited investors’ in the securities market.
  • Accredited investors (Qualified investors or Professional investors) are those who have an understanding of various financial products and the risks and returns associated with them.
  • They are able to take informed decisions regarding their investments and are recognised by many securities and financial market regulators globally.
  • SEBI said the accreditation once granted shall be valid for a year.
  • The accreditation may be carried out via 'Accreditation Agencies’ which may be the market infrastructure institutions or their subsidiaries.

Source: TH

Kodaikanal Solar Observatory

GS-III : S&T Space

Kodaikanal Solar Observatory

  • Kodaikanal Solar Observatory (Koso) has estimated how the Sun had rotated over the Century, from digitized data extracted from old films and photographs.
  • KoSO is an autonomous institute of the Department of Science and Technology (DST).
  • This estimation would help study the magnetic field generated in the interior of the Sun, which causes sunspots and results in extreme situations like the mini-ice age on Earth (absence of sunspots).
  • It could help predict solar cycles and their variations in the future.
  • The Sun rotates more quickly at its equator than at its poles.
  • Over time, the Sun's differential rotation rates cause its magnetic field to become twisted and tangled, and this in turn, causes lots of sunspots.
  • The sunspots form at the surface with an 11-year periodicity.

Source: TH

Indian Energy Exchange

GS-III : Economic Issues Energy

Indian Energy Exchange

  • IEX is the first and largest nationwide energy exchange platform in India, which has been operating since 2008.

  • It is an automated trading platform for physical delivery of electricity, Renewable Energy Certificates and Energy Saving Certificates.
  • It enables efficient price discovery and increases the accessibility and transparency of the power market in India.
  • The benefiting open access consumers belong to various industries such as metal, food processing, textile, chemicals, automobiles, IT industries, institutional, housing and commercial entities.
  • It is a publicly listed company with NSE and BSE and is regulated by Central Electricity Regulatory Commission (CERC).

Source: TH

United Nations Human Rights Council

GS-II : International organisation Major International Organizations

United Nations Human Rights Council

  • The 46th Session of the United Nations Human Rights Council (UNHRC) was held recently.
  • The UNHRC replaced the former UN Commission on Human Rights.
  • The 47-member UNHRC is an inter-governmental body that promotes and protects human rights around the globe.
  • It discusses all thematic human rights violation issues and situations that require its attention throughout the year.
  • It is made up of UN Member States which are elected by the UN General Assembly. It meets at the United Nations Office in Geneva.
  • The UNHRC was created by the UNGA in 2006 by resolution 60/251.
  • One year later, the Council adopted its "Institution-building package" to guide its work and set up its procedures and mechanisms.

Source: TH

Carbon Watch

GS-III : Biodiversity & Environment Climate Change

Carbon Watch

  • It is India’s first app to assess the carbon footprint of an individual.
  • Carbon footprint is the amount of greenhouse gases-especially carbon dioxide released into the atmosphere by particular human activity.
  • Chandigarh became the first state or Union Territory in India to launch the mobile application Carbon Watch.

Source: HT

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