Current Affairs

Green Hydrogen is a key industrial fuel that has a variety of applications including the production of ammonia(a key fertilizer),steel, refineries and electricity. All of the hydrogen manufactured now is the so-called black or brown hydrogen because they are produced from coal. Most abundant element in the universe but pure or the elemental hydrogen is very scare.it almost always exists in compounds like with oxygen to form water. GH is produced by splitting water through electrolysis using an electrolyser that is powered by renewable energy. Types :- Grey Hydrogen:- Hydrogen is produced from fossil fuels(Bulk oh hydrogen generating today by this process) Blue hydrogen:- Hydrogen generated from fossil fuels with carbon capture and storage options. Green hydrogen:- hydrogen generated using electrolysers powered by renewable energy. Advantage :- 1. It is a clean burning molecule which can de-carbonise sectors including iron and steel, chemicals and transportation, energy. 2. Renewable e...

The RBI will launch Central Bank Digital Currency (CBDC),a sort of official crypto-currency. This retail digital rupee (e ₹-R) in the form of a digital token, will be in same denominations as paper currency. Digital Retail Rupee RBI said-CBDC is the legal tender issued by a  central bank in a digital form. It is the same as fiat currency and is exchangeable one to one with the fiat currency only its form is different. Who Can Use The first phase will cover Mumbai, New Delhi, Bengaluru and Bhubaneshwar. Participating bank include SBI, ICICI Bank, Yes Bank and IDFC First Bank. Subsequently the service will be extended to other cities and banks. How Will Work Users will be able to transact with  e ₹-R through a digital wallet offered by the participating banks and store it on mobile phone and device.  Transaction can be person or person merchant through QR codes.  To reduce operational costs in managing physical cash and bring efficiency in payment systems. To boost inn...

   ECI has developed a prototype for a Multi-Constituency remote electronic voting machine(RVM) which would enable remote voting by migrant workers. Why Needed :- The voter turnout in general election 2019 was 67.4% and ECI is concerned about the issues of over 30 Crore electors not exercising their franchise as well as about the differential voters turnout in different States and UTs. This was greatest  challenge as well as concerning subject for ECI. What is RVM: - RVM can handle multiple constituencies from a single remote polling booth. Method of Voting :- * A remote voter will have to pre-register for the remote voting facility by applying online or offline   within a pre-notified time before elections. * Voter details will be verified at the home constituency and voters request for the remote voting will be approved after successful verification. * Special multi-constituency remote voting polling stations will be set-up in the place of the...