Daily Current Affairs for UPSC Civil Services Exam – 08 July 2021

Daily Current Affairs for UPSC Civil Services Exam – 08 July 2021

In Today’s News:

  1. Pegasus
  2. IMF
  3. World’s first Database of Genomic variants
  4. Suez Canal.

1. Pegasus

News Summary

Forensic Architecture, Amnesty International, and Citizen Lab launched an online database on spyware Pegasus.

Prelims GS – Science & Technology

Pegasus:
  • Pegasus is a spyware tool.
  • It was developed by an Israeli firm, NSO group.
  • Pegasus works by sending exploit links to the users and when the link is clicked, the code that creates surveillance on the phone is installed.
  • This Pegasus spyware enables the attacker to get complete access to the target person’s phone including microphone, camera, and all applications.

2. IMF

News Summary

IMF chief has warned of the U.S. Inflation risk.

Prelims GS – International Organizations

IMF:
  • IThe International Monetary Fund or IMF, promotes international financial stability and monetary cooperation.
  • The IMF was conceived in July 1944 at the United Nations Bretton Woods Conference in New Hampshire, United States.
  • It also facilitates international trade, promotes employment and sustainable economic growth, and helps to reduce global poverty.
  • The IMF is governed by and accountable to its 190 member countries.
  • India is a member country of the IMF.
  • The IMF’s primary mission is to ensure the stability of the international monetary system—the system of exchange rates and international payments that enables countries and their citizens to transact with each other.
  • The IMF provides loans—including emergency loans—to member countries experiencing actual or potential balance of payments problems. The aim is to help them rebuild their international reserves, stabilize their currencies, continue paying for imports, and restore conditions for strong economic growth while correcting underlying problems.
  • The IMF’s resources mainly come from the money that countries pay as their capital subscription (quotas) when they become members. Each member of the IMF is assigned a quota, based broadly on its relative position in the world economy. Countries can then borrow from this pool when they fall into financial difficulty.
  • Famous Reports of IMF: World Economic Outlook, Global Financial Stability Report, Fiscal Monitor

Click here to view the official website of IMF to know more about IMF.

3. World’s first database of Genomic variants of Oral cancer

News Summary

DBT-National Institute of Biomedical Genomics (NIBMG), Kalyani an Autonomous Institute funded by the Department of Biotechnology, Government of India has created the World’s first kind of database of genomic variations in oral cancer.

Prelims GS – Science & Technology

dbGENVOC:
  • dbGENVOC is a  browsable online database of GENomic Variants of Oral Cancer.
  • It is a free resource.
  • It will allow potential users to access, query, browse and download clinically relevant somatic and germline variation data from Indian oral cancer patients.
  • dbGENVOC is a catalog of genomic variants.
  • It also has a built-in powerful search engine.
  • It also allows a reasonable extent of statistical and bioinformatic analysis to be carried out online, including identifying variants in the associated altered pathways in oral cancer.
  • It has the potential to support advances in oral cancer research

Click here to view the Courtesy: official PIB release.

4. Suez Canal

News Summary

Megaship has headed out of Suez Canal after the Egypt deal.

Prelims GS – Geography

Suez Canal:
  • The Suez Canal is an artificial sea-level waterway running north to south across the Isthmus of Suez in Egypt to connect the Mediterranean Sea and the Red Sea.
  • The canal separates the African continent from Asia.
  • It provides the shortest maritime route between Europe and the lands lying around the Indian and western Pacific oceans.
  • It is one of the world’s most heavily used shipping lanes.​​
  • The Suez Canal is one of the most important waterways in the world.

Click here to view the Courtesy website for Suez Canal.

 

 

 

 

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