About:
- The genus Septemeranthus grows on the plant species Horsfieldia glabra (Blume) Warb.
- The parasitic flowering plants have a modified root structure spread on the stem of the tree and are anchored inside the bark of the host tree.
- The plant was found on the periphery of the tropical forest in one of the biodiversity hotspots referred to as the Nicobar group of islands separated from the Andaman group of Islands by a wide gap of 160 km with heavy tidal flows.
- The genus Septemeranthus has a distinct vegetative morphology, inflorescence architecture and floral characters.
- The leaves of the plant are heart-shaped with a very long tip and the ovary, fruit and seeds are ‘urceolate’ (earthen pot-shaped). The flowers have five persistent bracts having conspicuous margins.
- The name Septemeranthus is derived from the Latin word ‘septem’ meaning ‘seven’, referring to the arrangement of flowers. The genus belongs to the family Loranthaceae, a hemi-parasite under the sandalwood order Santalales and is of widespread importance.
- Plants which are hemi-parasites are partially dependent on their host plants for nutrition. For instance, the newly discovered plant that derives nutrients from its hosts has green leaves capable of photosynthesis.
About:
- The object, spotted using the Murchison Widefield Array telescope in outback Western Australia, unleashed huge bursts of energy roughly three times per hour when viewed from Earth during two months in 2018.
- It may be the first known example of what is called an ”ultra-long period magnetar.”
- This is a variety of neutron star - the compact collapsed core of a massive star that exploded as a supernova - that is highly magnetised and rotates relatively slowly, as opposed to fast-spinning neutron star objects called pulsars that appear from Earth to be blinking on and off within milliseconds or seconds.
- It is located relatively close to Earth in cosmic terms, roughly 4,200 light years away, where a light year is the distance light travels in a year, 9.5 trillion km.
- Neutron stars including pulsars are among the universe's densest objects.
- They are roughly 12 km in diameter - akin to the size of a city - but with more mass than our Sun.
- A neutron star with an extreme magnetic field, a magnetar, could potentially power the radio pulsations, the researchers said.
About:
- It was known that birds sing different songs depending on context, yet this kind of behaviour has not been documented among the so-called simpler animals, the anurans (frogs and toads).
- This study, conducted by researchers from Indian Institute of Science (IISc), Bengaluru, and Indian Institute of Science Education and Research (IISER), Pune, has been published in the journal Animal Behaviour.
- The group studied two species of frog – Humayun’s Night Frog (Nyctibatrachus humayuni) and Amboli Bush Frog (Pseudophilautus amboli). Both species of anurans are endemic to the Western Ghats.
- While N. humayuni produces calls with two notes (ascending and descending), P. amboli produces calls with six-note types.
- This is the first study to examine “sequences” of vocalisations in frogs.
What is the structure of the bad bank?
- NARCL will acquire and aggregate the identified NPA accounts from banks, while IDRCL, under an exclusive arrangement, will handle the debt resolution process, State Bank of India Chairman Dinesh Khara said.
- Padmakumar Nair, a Chief General Manager from SBI’s Stressed Assets vertical, will manage NARCL, while Manish Makharia, Head of Alternate Investment Fund, SBI Funds Management Pvt Ltd, will head IDRCL.
- Subrata Biswas, the nominee director on the Board of NARCL, will be the interim Chairman, and Diwakar Gupta will continue as the Chairman of IDRCL.
- Majority-owned by state-owned banks, the NARCL will be assisted by the India Debt Resolution Company Ltd (IDRCL), in turn majority-owned by private banks, in resolution process in the form of a Principal-Agent basis.
How will the bad bank work?
- NARCL and IDRCL will have an exclusive arrangement that will be as per the scope defined in the ‘Debt Management Agreement’ to be executed between these two entities.
- This arrangement will be on a ‘Principal-Agent’ basis and final approvals and ownership for the resolution shall lie with NARCL as the Principal.
About:
- Vaccines are usually given through different routes, with the most common being injectable shots delivered into the muscles (intramuscular) or the tissue just between the skin and the muscles (subcutaneous).
- Other routes of delivery, especially in some vaccines for infants, include administering the liquid solution orally instead of injecting. In the intranasal route, the vaccine is sprayed into the nostrils and inhaled.
The importance of such vaccines
- Many viruses, including the coronavirus, enter the body through mucosa — wet, squishy tissues that line the nose, mouth, lungs and digestive tract — triggering a unique immune response from cells and molecules there. Intramuscular vaccines generally fail at eliciting this mucosal response, and instead rely on immune cells mobilised from elsewhere in the body flocking to the site of infection.
- Experts believe an intranasal vaccine will act against the virus from the time it tries to break the body’s barrier, thereby making it more effective than the intramuscular ones in many cases.
- These vaccines aim to overcome potential difficulties with mass vaccination and reduce the cost by doing away with the need for needles and syringes. Intranasal vaccines are also expected to cut down on the dependence on various trained personnel to administer the vaccine.
About:
- The freight train arrived at the Rani Gaidinliu station, Tamenglong in Manipur on January 27, days after a passenger train from Silchar in Assam reached the Bongaichungpao railway station in Manipur, where assembly polls will be held in two phases on February 27 and March 3.
- Earlier this month, Railway Minister Ashwini Vaishnaw did an aerial survey of the Jiribam-Imphal new line project in Manipur. The project, which includes the country's longest train tunnel, will connect Imphal with Guwahati.
About:
- Iqbal Singh Kingra (1926 – 2022) was an Indian socio-spiritual leader of the Sikh community.
- He was the Founder President of The Kalgidhar Trust, The Kalgidhar Society and Baru Sahib.
- He was awarded the Sikh Lifetime Achievement Award in 2016. In 2018 he was bestowed with Shiromani Panth Rattan (precious jewel of the Sikh community) by Takht Sri Harmandir Ji Patna Sahib.
- In 2022, he was conferred with the Padma Shri by the Government Of India for his contributions in the field of social work.
- Singh died in Baru Sahib on 29 January 2022, at the age of 95.
About:
- It was done through an amendment in the AIS (Automotive Industry Standard)-135 for Type III buses [‘Type III’ Vehicles are those designed and constructed for long distance passenger transport, for seated passengers ] and School Buses.
- A water mist- based active fire protection system and a standalone fire alarm system for buses has been designed to manage the temperature in the passenger compartment within 50 degrees centigrade.
- This amendment to the Standard has been undertaken in consultation with experts from the Centre for Fire Explosive and Environment Safety (CFEES), a DRDO establishment, working in the area of fire risk assessment, fire suppression technologies, modelling and simulation etc.
About:
- The ADGMIN is an annual meeting of Telecom Ministers of 10 ASEAN (Association of South-East Asian Nations) countries -Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam and dialogue partner countries - Australia, Canada, China, EU, India, Japan, Republic of Korea, New Zealand, Russia, UK and US.
- The meeting discussed and deliberated various matters relevant to strengthening regional digital cooperation in the spirit of digital inclusion and integration.
- The Ministers meeting approved the India-ASEAN Digital Work Plan 2022.
- The workplan includes system for combating the use of stolen and counterfeit mobile handsets, WiFi Access network interface for nationwide public internet, the capacity building and knowledge sharing in emerging areas in the field of Information and Communication Technologies such as Internet of Things (IoT), 5G, Advanced Satellite etc.
Background
- The reverse repo is the interest rate that the RBI pays to the commercial banks when they park their excess “liquidity” (money) with the RBI. The reverse repo, thus, is the exact opposite of the repo rate.
- Under normal circumstances, that is when the economy is growing at a healthy pace, the repo rate becomes the benchmark interest rate in the economy.
- But imagine a scenario where the RBI pumps more and more liquidity into the market but there are no takers of fresh loans.
- In such a scenario, Banks are more interested in parking their excess liquidity with the RBI. And that is how the reverse repo becomes the actual benchmark interest rate in the economy.
What does reverse repo normalisation mean?
- Simply put, it means the reverse repo rates will go up.
- Over the past few months, in the face of rising inflation, several central banks across the world have either increased interest rates or signaled that they would do so soon.
- In India, too, it is expected that the RBI will raise the repo rate. But before that, it is expected that the RBI will raise the reverse repo rate and reduce the gap between the two rates.