| TOPICS | SUBJECT | PAPER |
| SIGNIFICANT INDEX | ECONOMY | PRELIMS |
| THE RAINBOW LORIKEET | ENVIRONMENT AND ECOLOGY | PRELIMS |
| QUORUM | POLITY | PRELIMS |
| THE VISAKHAPATNAM PORT AUTHORITY | GEOGRAPHY | PRELIMS |
| INDIA TO HOST FIRST BIG CAT SUMMIT IN JUNE | SUMMIT | PRELIMS |
| THE EMPLOYEES’ STATE INSURANCE (ESI) SCHEME | SCHEME | PRELIMS |
| THE VIKSIT BHARAT—GUARANTEE FOR ROZGAR AND AJEEVIKA MISSION (GRAMIN) (VB–G RAM G) ACT, 2025 | SCHEME | PRELIMS |
| SAMADHAN SAMAROH” INITIATIVE | INITIATIVE | PRELIMS |
| THE UNION CABINET APPROVED THE LAUNCH OF THE URBAN CHALLENGE FUND (UCF) | SCHEME | PRELIMS |
| SEAWEED CULTIVATION | AGRICULTURE | PRELIMS |
| THE NATIONAL CRIME RECORDS BUREAU (NCRB) | NATIONAL BODIES | PRELIMS |
| THE EMPLOYEES’ STATE INSURANCE CORPORATION (ESIC) | NATIONAL BODIES | PRELIMS |
| CONFEDERATION OF INDIAN ALCOHOLIC BEVERAGE COMPANIES (CIABC) | NATIONAL BODIES | PRELIMS |
| Telangana to double Hyderabad’s infra to support enterprise growth and prevent urban collapse: | URBAN | MAINS GS 1 |
SIGNIFICANT INDEX
As of May 2026, SEBI has defined “Significant Indices” as benchmarks with over ₹20,000 crore in average daily AUM tracking them, requiring stricter oversight. These indices are reviewed twice yearly to enhance market accountability.
Key Aspects of SEBI’s Significant Indices (2026):
- Threshold: Daily average cumulative AUM exceeding ₹20,000 crore.
- Purpose: To improve governance of benchmarks utilized extensively by the market.
THE RAINBOW LORIKEET
The rainbow lorikeet (Trichoglossus moluccanus) is a species of parrot found in Australia. It is common along the eastern seaboard, from northern Queensland to South Australia. Its habitat is rainforest, coastal bush and woodland areas.
QUORUM
Context:gram sabhas that gave nod to nicobar project did not have mandatory 50% quorum
According to the rules issued by the Central Government under the Forest Rights Act, 2006 (FRA), a quorum at a Gram Sabha is achieved only if at least one-half (50%) of the adult population of the village is present. Additionally, these rules mandate that at least one-third of the members present at the meeting must be women
THE VISAKHAPATNAM PORT AUTHORITY
The Visakhapatnam Port Authority (VPA) has won two gold trophies at the Greentech CSR Awards 2026 in Healthcare Promotion and Skill Development categories within Andhra Pradesh.
INDIA TO HOST FIRST BIG CAT SUMMIT IN JUNE
- The inaugural International Big Cat Alliance (IBCA) Summit, to be held here from June 1 to 3, is expected to adopt the first-ever global declaration on big cat conservation, titled the ‘Delhi Declaration’, which will articulate shared priorities, strengthen transboundary cooperation, and promote a landscape-based approach for conserving big cats and their habitats.
- Representatives from 95 countries are expected to participate.
THE EMPLOYEES’ STATE INSURANCE (ESI) SCHEME
The Employees’ State Insurance (ESI) scheme is a comprehensive, self-financing social security and health insurance system for Indian workers in the organised sector, managed by the ESIC. Covering factories/establishments with 10+ employees, it provides medical care and cash benefits for sickness, maternity, and employment injury for workers earning up to ₹21,000/month.
THE VIKSIT BHARAT—GUARANTEE FOR ROZGAR AND AJEEVIKA MISSION (GRAMIN) (VB–G RAM G) ACT, 2025
The Viksit Bharat—Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB–G RAM G) Act, 2025, passed in December 2025, replaces MGNREGA to provide 125 days of guaranteed wage employment (up from 100) per rural household, aligned with the Viksit Bharat @2047 vision. It focuses on durable asset creation, digital transparency, and a 60-day agricultural pause for labor availability.
SAMADHAN SAMAROH” INITIATIVE
- To advance the vision of ‘participative justice’ and ‘doorstep delivery of justice’, the Supreme Court of India is organising ‘Supreme Court Action for Mediated Adjudication and Disputes Harmonization Across Nation’-SAMADHAN SAMAROH which commenced from 21st April, 2026 and will culminate in the holding of a Special Lok Adalat on 21st, 22nd and 23rd August, 2026.
- This Special Lok Adalat aims to facilitate amicable settlement of pending matters before the Supreme Court of India through consent-based resolution mechanisms.
THE UNION CABINET APPROVED THE LAUNCH OF THE URBAN CHALLENGE FUND (UCF)
Salient Features of the Urban Challenge Fund:
- A minimum of 50 per cent of project financing have to be mobilised from market sources, including municipal bonds, bank loans and Public–Private Partnerships (PPPs). The remaining share may be contributed by States, Union Territories (UTs), Urban Local Bodies (ULBs) or other sources.
- Projects will be selected through a transparent and competitive challenge mode, ensuring support to high-impact and reform-oriented proposals.
- There will be a strong thrust on reforms across Urban Governance, Market & Financial systems, Operational efficiency, and Urban Planning
- Private sector participation will be encouraged through structured risk-sharing frameworks and benchmarking of service delivery standards
- A dedicated ₹5,000 crore corpus will enhance the creditworthiness of 4223 cities including Tier- II and Tier-III cities, particularly for first-time access to market finance.
- Positioning ULBs as Bankable Asset Class.
SEAWEED CULTIVATION
- Seaweed, or macroalgae, refers to thousands of species of macroscopic, multicellular, marine algae. The term includes some types of Rhodophyta (red), Phaeophyta (brown) and Chlorophyta (green) macroalgae.
- alginate (us$ 213 million): extracted from brown seaweeds (harvested from the wild). it’s used as a thickener in foods, cosmetics, and even medical products.
- agar (us$ 132 million): comes from red seaweeds. it’s been cultivated since the 1960s and is used in desserts, jams, and laboratory cultures.
- Out of around 844 seaweed species, about 60 are commercially valuable.
- play a vital role in capturing carbon
THE NATIONAL CRIME RECORDS BUREAU (NCRB)
The National Crime Records Bureau (NCRB) is an Indian government agency responsible for collecting and analyzing crime data, as defined by the Indian Penal Code (IPC) and Special and Local Laws (SLL). NCRB is headquartered in New Delhi and is part of the Ministry of Home Affairs (MHA).
THE EMPLOYEES’ STATE INSURANCE CORPORATION (ESIC)
- The promulgation of Employees’ State Insurance Act, 1948(ESI Act), by the Parliament was the first major legislation on social Security for workers in independent india.
- The Employees’ State Insurance Corporation (ESIC) provides comprehensive medical care and social security to workers in India, including hospitalization, specialist consultations, drugs, and diagnostics. Beneficiaries have access to over 165+ ESI hospitals and 1590+ dispensaries nationwide, with additional cashless services via tie-ups with private hospitals.
CONFEDERATION OF INDIAN ALCOHOLIC BEVERAGE COMPANIES (CIABC)
- Confederation of Indian Alcoholic Beverage Companies (CIABC) is the apex body of the Indian alcoholic beverage industry
- It intends to act as a common voice for the domestic alcoholic beverage industry