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.