SEBI restructured Advisory Committee on Investor Protection and Education Fund

12 Fabruary 2022
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SEBI restructured Advisory Committee on Investor Protection and Education Fund

Securities and Exchange Board of India has restructured its advisory committee on Investor Protection and Education Fund (IPEF), under the chairmanship of G Mahalingam. The advisory committee on IPEF is an eight-member committee that will take G Mahalingam, former Whole Time Member of SEBI, as its new Chairperson. Members of Committee: Vijay Kumar Venkataraman, Mrin Agarwal, A Balasubramanian, M G Parameswaran, GP Garg, N Hariharan and Jayanta Jash.

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About the committee:

• In 2013, the committee was established by the SEBI to find out ways and means to best utilize the investor protection and education fund. Earlier the committee was headed by Abraham Koshy, former professor of Indian Institute of Management, Ahmedabad (IIM-A), Gujarat.
• The committee is mandated to recommend investor education and protection activities for the utilization of the SEBI Investor Protection and Education Fund (IPEF).

Important takeaways for all competitive exams:

• Securities and Exchange Board of India Founded: 12 April 1992.
• Securities and Exchange Board of India Headquarters: Mumbai.
• Securities and Exchange Board of India Agency executive: Ajay Tyagi.

Telangana govt tie-up with British Council to expand higher education

12 Fabruary 2022
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Telangana govt tie-up with British Council to expand higher education

The Government of Telangana and the British Council, an international organisation for educational opportunities and cultural exchange, have signed a 3-year MoU to renew the partnership in education, English and arts. To facilitate research between institutions and assist to expand higher education globally, to offer global opportunities for the youth of Telangana.

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Under the extended 3-year MoU, the British Council has also signed an agreement with the Research and Innovation Circle of Hyderabad (RICH) to work closely to engineer new partnerships between universities, research institutions and centres of excellence in the UK and in Telangana.

Focus areas

• The partnerships between RICH and UK higher education institutions will be in the areas of aerospace, defence, life sciences and pharma, food and agriculture, and sustainability.
• The two partners will also take part in joint innovation or entrepreneurship initiatives, like sharing of best practices and or development of bespoke courses to develop relevant skills amid the young people of Telangana.
• The British Council and the Telangana State Council of Higher Education have been partnering to achieve the State’s knowledge and employment ambitions for its youth for the past decade as per the MoU signed in 2018.

Important takeaways for all competitive exams:

• Telangana Capital: Hyderabad;
• Telangana Governor: Tamilisai Soundararajan;
• Telangana Chief minister: K. Chandrashekar Rao.

India ranked 46th in EIU’s Democracy Index

12 Fabruary 2022
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India ranked 46th in EIU’s Democracy Index

India has ranked 46th position in the 2021 Democracy Index’s global ranking, according to The Economist Intelligence Unit. With the highest score of 9.75, Norway topped the Democracy Index 2021 by Economist Intelligence. The list was published on February 10, 2022. India scored 6.91 to rank 46th on the list. Our neighbour Pakistan has been placed further below in the hybrid regime with a rank of 104.

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Top 10 countries in the list:

1. Norway

In the full democracy segment, Norway topped the charts. It had an overall score of 9.75.

2. New Zealand

New Zealand ranked second in the Democracy Index 2021 with an overall score of 9.37.

3. Finland

The beautiful nation Finland came in at number three on the Democracy Index 2021 with an overall score of 9.27.

4. Sweden

Sweden slipped from the third position last year to the fourth rank, this year. It had an overall score of 9.26.

5. Iceland

Iceland witnessed the biggest slump. It slipped to the fifth rank from the second position last year after it scored 9.18, overall this year.

6. Denmark

In the Democracy Index 2021, published on February 10, 2022, Denmark ranked sixth with an overall score of 9.09.

7. Ireland

Next on the list was Ireland with an overall score of 9.

8. Taiwan

Taiwan, which is currently hitting the headlines, ranked eighth on the Democracy Index 2021 with an overall score of 8.99.

9. Australia

The land of Kangaroos, Australia, came ninth on the list with an overall score of 8.90.

10. Switzerland

Switzerland shared the ninth position with Australia with an overall score of 8.90.

Important takeaways for all competitive exams:

• Economist Intelligence Unit Headquarters: London, United Kingdom;
• Economist Intelligence Unit Founded: 1946;
• Economist Intelligence Unit MD: Robin Bew.