08/06/2026
Daily Current Affairs Update!
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Liquidity Adjustment Facility (LAF)
An LAF is a monetary policy tool used by the RBI in India through which it injects or absorbs liquidity into or from the banking system.
It was introduced as a part of the outcome of the Narasimham Committee on Banking Sector Reforms of 1998.
LAF has two components - repo (repurchase agreement) and reverse repo.
Repo Rate: Repo Rate is the rate of interest at which the RBI provides short-term loans to SCBs against approved securities.
Reverse Repo Rate: It is the rate of interest at which the RBI borrows funds from the SCBs.
Prelims | Economy (Source: The Hindu)
Carbon Credit Trading - Carbon Credit Trading is a market-based mechanism that helps reduce greenhouse gas emissions. A carbon credit represents the reduction, avoidance, or removal of 1 metric ton of CO₂ (or equivalent greenhouse gases) from the atmosphere.
Benefits
Reduces Emissions: Encourages industries to lower greenhouse gas emissions.
Cost-Effective: Provides flexibility for companies to meet environmental targets at lower costs.
Promotes Green Investment: Channels funds into renewable energy and sustainable development projects.
Supports Climate Goals: Helps countries and businesses achieve net-zero and international climate commitments.
Ensures Transparency: Verification and monitoring systems enhance credibility and trust.
Prelims | Environment (Source: PIB)
https://enlitecafe.com/current-affairs-date/?date=2026-06-06
Kaziranga National Park
Location: Assam
Protection Status: National Park, UNESCO World Heritage Site, Tiger Reserve, and Important Bird Area by the Birdlife International Society
Associated River: River Brahmaputra, Diphlu River
Big Four Species: Rhino, Elephant, Royal Bengal tiger, and Asiatic water buffalo
Vegetation: It is a mix of eastern wet alluvial grasslands, semi-evergreen forests, and tropical moist deciduous forests
Other Fauna: One-horned Rhino, Fishing Cat, Royal Bengal tiger, Barking deer, Hog deer, Western hoolock gibbon.
Prelims | Environment (Source: The Hindu)
Right to Privacy - The Right to Privacy is a fundamental right in India, protected as an intrinsic part of Article 21 (Right to Life and Personal Liberty) and the freedoms guaranteed under Part III of the Constitution. Declared fundamental rights as per Justice K.S. Puttaswamy (Retd.) vs Union of India (2017). Available to all persons in India (not just citizens) and protected under Articles 32 & 226.
Prelims | Polity (Source: The Hindu)
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