Memorize Current Affairs for UPSC 10 november 2020
- Posted by Vizmins Official Post
- Categories Current Affairs
- Date November 11, 2020
Fifteenth Finance Commission
- The Fifteenth Finance Commission led by Chairman N K Singh submitted its Report to the President of India.
- The submitted report is for the five-yearly period between 2021-22 and 2025-26.
Terms of reference (ToR):
- The Commission was asked to examine and recommend performance incentives for States in many areas like the power sector, adoption of DBT, solid waste management, etc.
- The Commission was asked to examine whether a separate mechanism for funding of defence and internal security ought to be set up and if so how such a mechanism could be operationalized.
Read the topic with Visualization
Oil prices have jumped
- Oil jumped by almost 10%, for its biggest daily gain in almost six months.
- Reasons:
- News of a highly effective Pfizer vaccine against COVID-19.
- Saudi Arabia’s assurance that an OPEC+ oil output deal could be adjusted to balance the market.
Read the topic with visualization
Polavaram Project Updates
Pfizer Vaccine
Try this Quiz
You may also like

Important facts about National Supercomputing Mission (NSM)
24 January, 2022

Important Facts about OSIRIS-REx and asteroid Bennu
24 January, 2022