One-Liner Current Affairs

SEBI permits digitally signed (not just wet-signed) PoA documents for FPI onboarding under 2019 Regulations.

Previously required physical, consularised/apostilled documents—now electronic signatures under recognized digital frameworks allowed.

Designated Depository Participants (DDPs) verify and process these digital authorizations.

51 specialized AI programmes across IITs align with NEP 2020's multidisciplinary education mandate

Industry-academia partnerships enable real-world problem-solving in healthcare, finance, and climate sectors

Expansion includes ethics in AI—reflecting governance consciousness in technological advancement

India-Japan Comprehensive Economic Partnership Agreement (CEPA) signed in 2011 governs bilateral trade framework

Supply Chain Resilience Initiative (SCRI) includes Australia, positioning India in quad-aligned supply networks

Japan is India's largest FDI source; high-speed rail and industrial corridors are flagship projects

Special Representatives mechanism established in 2003 seeks mutually acceptable LAC boundary solution through structured dialogue.

IN-SPACe created June 2020 as single-window autonomous agency under Department of Space for private sector facilitation

Indian Space Policy 2023 demarcates roles: ISRO (exploration), NSIL (commercial), Private Sector (innovation & manufacturing)

200+ space startups currently operational across satellites, launch vehicles, and spatial analytics

Bharatiya Antariksh Station operational target: 2035; initial BAS-1 module deployment: 2028

Central Government gains exclusive authority over 24 critical minerals including lithium, rare earths, and tantalum for national security.

Shifts power from states (MMDR 1957) to Centre, affecting federal fiscal relations and state mining revenue.

Deep-seated exploration licenses introduced to attract FDI and private sector participation in mineral discovery.

AK-203 'Sher' rifle: 7.62x39mm, 300m effective range, 600 RPM, 3.8kg weight — designed to replace INSAS rifles

IRRPL is India-Russia JV (AWEIL + MIL with Rosoboronexport & Kalashnikov Concern)

100% indigenisation achieved ahead of schedule at Korwa, Amethi facility

Mutation is purely administrative for tax collection—does NOT create or extinguish title.

Registration under Transfer of Property Act, 1882 & Registration Act, 1908 alone establishes legal ownership.

Revenue entries have limited evidentiary value; civil courts cannot determine ownership solely from mutation certificates.