UniFocus IAS ( UNIFOCUS UNIVERSAL )

India unveiled the Account Aggregator (AA) network, a financial data-sharing system that could revolutionize investing and credit, giving millions of consumers greater access and control over their financial records and expanding the potential pool of customers for lenders and fintech companies. Account Aggregator empowers the individual with control over their personal financial data, which otherwise remains in silos. This is first step towards bringing open banking in India and empowering millions of customers to digitally access and share their financial data across institutions in a secure and efficient manner. The Account Aggregator system in banking has been started off with eight of the India’s largest banks. The Account Aggregator system can make lending and wealth management a lot faster and cheaper.   What is an Account Aggregator?   An Account Aggregator (AA) is a type of RBI regulated entity (with an NBFC-AA license) that helps an individual securely and digitally ...

  The  Standard Model of Particle Physics  is scientists’ current best theory to describe the most basic building blocks of the universe. It explains how particles called  quarks   (which make up protons and neutrons) and leptons (which include electrons) make up all known matter. It also explains how force carrying particles, which belong to a broader group of  bosons , influence the quarks and leptons. The Standard Model explains three of the four fundamental forces that govern the universe: electromagnetism, the strong force, and the weak force. Electromagnetism is carried by photons and involves the interaction of electric fields and magnetic fields. The strong force, which is carried by gluons, binds together atomic nuclei to make them stable. The weak force, carried by W and Z bosons, causes nuclear reactions that have powered our Sun and other stars for billions of years. The fourth fundamental force is gravity, which is not adequately explained by...

  National Mineral Exploration Trust has been set up by the Central Government in pursuance of powers conferred by Section 9C (1) of Mines and Minerals (Development & Regulation) Amendment Act, 2015 vide gazette notification dated 14th August 2015 to enhance mineral exploration activities in the country. The National Mineral Exploration Trust Rules were notified on 14 th  August, 2015, which were subsequently amended and National Mineral Exploration Trust (Amendment) Rules, 2018 were notified on 7 th  March, 2018. Now, as per the recent amendment in the Mines and Minerals (Development and Regulation) Amendment Act,2021, vide Notification no-18(E) dated 28 th  March, 2021, NMET has to be established as a “non-profit  Autonomous Body ”. The objective of the trust is to use the accrued funds for taking up regional and detailed exploration, for coal and non-coal minerals, by giving priority to strategic and critical minerals, funding special studies & projec...

 India succesfully flight tested Anti-Tank Guided Missil 'HELENA' -  Indigenously developed helicopter launched Anti-Tank Guided Missile ‘HELINA’ was successfully flight tested on April 11, 2022 at high-altitude ranges as part of user validation trials. The flight-test was jointly conducted by the teams of scientists from Defence Research and Development Organisation (DRDO), Indian Army and Indian Air Force (IAF). The flight trials were conducted from an Advanced Light Helicopter (ALH) and the missile was fired successfully engaging simulated tank target. The missile is guided by an Imaging Infra-Red (IIR) Seeker operating in the Lock on Before Launch mode. It is one of the most advanced anti-tank weapons in the world. https://pib.gov.in/PressReleasePage.aspx?PRID=1815644 Anti-Tank Guided Missiles, India: DRDO Anti Tank Missile: The  DRDO  anti-tank missile  (ATM) is a first generation wire-guided missile developed in India by  Defence Research and Developm...

 Rarest of Blood Groups. Ael, found in 30-year-old, in India -  https://timesofindia.indiatimes.com/city/ahmedabad/rarest-of-blood-groups-ael-found-in-30-year-old/articleshow/90694947.cm For Blood Grouping System, Refer  https://nios.ac.in/media/documents/dmlt/hbbt/Lesson-07.pdf https://nios.ac.in/media/documents/dmlt/hbbt/Lesson-12.pdf https://onlinelibrary.wiley.com/doi/pdf/10.1111/j.1751-2824.2008.00188.x https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3353629/