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Current Affairs 15 January 2026

Prevention of Corruption Act, 1988

  • Definition of Corruption: Acceptance or solicitation of gratification (other than legal remuneration) by a public servant for performing or not performing an official act.
  • Penalties: Maximum imprisonment of 5 years.
  • Prevention of Corruption (Amendment) Act, 2018
  • To ensure that the public servants can discharge their public duty without fear of harassment and prosecution. 
  • Criminalizes the act of offering bribes to foreign public officials.

UCBs

  • UCBs are a co-operative society registered under any State Co-operative Societies Act or under the Multi-State Co-operative Societies Act that has been given a banking license as a primary co-operative bank under the Banking Regulation Act, 1949.
  • Current status of UCBs in India: 
  • Total UCBs: 1457 (as of March 31, 2025).
  • Regulatory Framework (Dual Control)
  • Reserve Bank of India (RBI): Since 1966, RBI regulates banking functions including licensing, capital adequacy, loan policies, prudential norms and financial stability.
  • Registrar of Co-operative Societies (RCS): State or Central Governments regulate administrative and management aspects through the RCS.
  • Tiered Regulatory Structure: UCBs are classified by the RBI into four tiers based on deposit size, enabling proportionate regulation and supervision.

Right of Children to Free and Compulsory Education Act or RTE Act

  • Constitutional Provisions related to Right to Education
  • Fundamental Right: Article 21A provides right to free and compulsory education of all children (6 -14 years).
  • Fundamental Duty: Article 51A(k) specifies duty of parents to provide opportunities for education to child (6-14 years)
  • Directive Principles of State Policy (DPSP): Article 45 directs the state to provide early childhood care and education to children below 6 years.
  • Enacted to give effect to Article 21A of the Constitution. 
  • Section 3 grants right of every child (6–14 years) to free and compulsory education in a neighbourhood school till completion of elementary education.
  • Duty of appropriate Government and local authority to establish neighbourhood schools.
  • Duty of Government and Local Authorities to provide schools, infrastructure, teachers and learning facilities.
  • Schools are entitled to reimbursement of per-child expenditure by the State.

IRENA

  •  It is an intergovernmental organization that supports countries in their transition to renewable energy for sustainable development, energy access, and climate action.
  • Genesis: 2009, while its statute entered into force in 2010.
  • Headquarters: Masdar City, Abu Dhabi, UAE
  • Membership: 170+ countries and the EU (India is a founding member)
  • Key Functions:
  • Promotes renewable energy adoption, provides policy advice, capacity building, and technical assistance.
  • Official custodian to track progress on “UAE Consensus,” goals adopted at COP28. 
  • Reports: World Energy Transitions Outlook

Qatar (Capital: Doha)

  • The US and its regional partners have opened a new combined air and missile defence coordination cell at Al Udeid Air Base in Qatar.
  • Location: Situated in West Asia on the west coast of the Persian Gulf.
  • Neighboring countries: Land Border with Saudi Arabia and Maritime Border with UAE, Bahrain and Iran.
  • Bordering water bodies: Persian Gulf, Gulf of Bahrain.

NPS Vatsalya Scheme, 2025

  • Nodal Ministry: Union Ministry of Finance.
  • Regulator: Pension Fund Regulatory and Development Authority (PFRDA).
  • Core Objective: To inculcate a habit of early and disciplined long-term savings among children, ensuring financial security and pension preparedness from a young age.
  • Key Features
  • Eligibility: Open to all Indian citizens, including NRI/OCI, below 18 years of age.
  • Beneficiary: The minor is the sole beneficiary under the scheme.
  • Account Operation: Account is opened in the name of the minor and operated by the parent or legal guardian.
  • Minimum Contribution: Minimum initial and annual contribution of ₹250 and no maximum limit on contributions.

Henley Passport Index

  • It is the original, authoritative ranking of all the world’s passports according to the number of destinations their holders can access without a prior visa. 
  • The index is based on exclusive data from the International Air Transport Association (IATA).
  • In 2026 edition, Singapore has retained its position as the world’s most powerful passport.

Valley of Flowers National park

  • Location: Chamoli district of Uttarakhand.
  • It forms one of 2 core zones (the other being the Nanda Devi National Park) of the Nanda Devi Biosphere Reserve which is part of UNESCO’s Man and the Biosphere Programme (MAB).
  • Both encompass a unique transition zone between the mountain ranges of Zanskar and Great Himalaya.
  • Forest Type: Sub-alpine forests birch 
  • Flora: Rhododendron, Brahma Kamal, blue poppy, cobra lily, saxifrages etc.
  • Fauna: Snow leopard, Asiatic black bear, Himalayan musk deer, brown bear, blue sheep.