About:

• The RTM enables consumers, including distribution companies (discoms) and captive users, to buy power on exchanges just an hour before delivery.RTM will help consumers purchase electricity just an hour in advance.
  
  
• With RTM, both sellers and buyers now get an opportunity to continuously manage their portfolio optimally through a transparent and efficient marketplace.
  
  
• In December 2019, the Central Electricity Regulatory Commission (CERC) approved the framework for RTM trading by power exchanges. Till now, the exchanges had day-ahead, week-ahead, and season-ahead markets, as well as renewable energy certificates trading.
  
  
• There are two energy exchanges in India -- IEX and PXIL -- where electricity is traded. 
  
  

About:

• The Central Employment Guarantee Council was constituted under Section 10 of the Mahatma Gandhi National Rural Employment Guarantee Act (Mahatma Gandhi NREGA), 2005.
  
  
• Addressing the participants, rural development minister said that for the Financial Year 2020-21, Rs.61,500 crore has been allocated for this programme which is an all-time high.
  
  
• Additional provision of Rs.40,000 crore has been made for this programme under Atmanirbhar Bharat Abhiyan to provide employment to the needy workers during this difficult period arising of COVID-19.
  
  

About:

• The committee has found overlapping activities being undertaken by multiple institutes.
  
  
• It has suggested an umbrella configuration with 4 broad verticals under which institutes should work. They are - Production, Festival, Heritage and Knowledge. It has recommended that these verticals be headed by professionals.
  
  
• It has also recommended creation of Film Promotion Fund for independent filmmakers for making commercial films.
  
  

About:

• Department of Promotion of Industry and Internal Trade, DPIIT has recently revised the public procurement order to encourage Make in India initiative with an aim to enhance income and employment generation in the country.
  
  
• subsequently, Department of Chemicals and Petrochemicals prescribed minimum 60 per cent for 2020-21, 70 per cent for 2021-23 and 80 per cent local content for 2023-25 respectively of local chemicals and petrochemical contents in public procurement. 
  
  

About:

• A private foundation becoming the biggest funder, and hence the biggest influence, on a United Nations agency would be a first.
  
  
• In fact, though the WHO is meant to be a body accountable to its members countries, among the top 10 donors to the organisation only four are member countries and one is the European Commission. The rest are all non-state actors or philanthropies.
  
  
• When the WHO was constituted, its constitution stipulated that it should primarily be financed through regular contributions from member countries, called "assessed contributions", relative to the country’s wealth and population.
  
  

About:

• History: Antifa has been around for several decades, with some dating it as far back as Nazi Germany.
  
  
• Etymology: Antifa is borrowed from German Antifa, short for antifaschistisch ‘anti-fascist’, in Antifaschistische Aktion (multiparty front initiated by the German Communist Party in 1932 to counter Nazism) and in other collocations.
  
  
• Global presence: While the movement has had a presence in several European countries and has now come into focus in the United States following the election of President Trump in 2016, with violence marking some of its protests and demonstrations.
  
  
• Membership: Antifa does not have a formal organisational structure. It draws its members from other movements such as Black Lives Matter and the Occupy movement.
  
  
• Functioning: Antifa members typically dress in black and often wear a mask at their demonstrations, and follow far-left ideologies such as anti-capitalism. They take up causes such as LGBTQ and indigenous rights. What makes them stand out is the violence.
  
  

About:

• In April 2018, the United Nations General Assembly declared June 3 as International World Bicycle Day.
  
  
• It recognizes "the uniqueness, longevity and versatility of the Bicycle, which has been in use for two centuries, and that it is a simple, affordable, reliable, clean and environmentally fit sustainable means of transport."
  
  
• World Bicycle Day is now being associated with promoting a healthy lifestyle for those with Type 1 and Type 2 diabetes. 
  
  

About:

• The G-7 or ‘Group of Seven’ are Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.
  
  
• The G-7 nations meet at annual summits that are presided over by leaders of member countries on a rotational basis. The summit is an informal gathering that lasts two days, in which leaders of member countries discuss a wide range of global issues.
  
  
• The G-7 does not have a formal constitution or a fixed headquarters.
  
  
• The decisions taken by leaders during annual summits are non-binding.
  
  

Timeline:

• It is an intergovernmental organisation that was formed in 1975 by the top economies of the time as an informal forum to discuss pressing world issues.
  
  
• Canada joined the group in 1976, and the European Union began attending in 1977.
  
  
• The G-7 was known as the ‘G-8’ for several years after the original seven were joined by Russia in 1997. The Group returned to being called G-7 after Russia was expelled as a member in 2014 following the latter’s annexation of the Crimea region of Ukraine.