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📝 Revision Notes
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Culture & Heritage
Diwali’s UNESCO ICH Nomination
India is hosting the 20th UNESCO ICH Committee Session at Red Fort, New Delhi, where Diwali has been nominated as India’s entry for the UNESCO Intangible Cultural Heritage list. This would recognize the festival’s cultural significance globally.
Digital Finance
Sahakar Sarathi Initiative
Sahakar Sarathi, launched at the EARTH Summit 2025 in Gandhinagar, is a digital initiative to modernize India’s cooperative and rural banking sector with services like internet banking, UPI, AEPS, e-KYC, and real-time monitoring.
International Relations
Russia Joins IBCA
During the 2025 India–Russia State Visit, Russia agreed to join the International Big Cat Alliance (IBCA), an Indian-led initiative reinforcing cooperation on wildlife conservation, particularly for endangered big cat species.
Technology & AI
Google Gemini 3 Deep Think Mode
Google’s Gemini 3 Deep Think mode for AI Ultra users is designed to handle complex mathematics, scientific reasoning, and multi-step logic using parallel reasoning capabilities, representing advanced AI problem-solving.
Banking & Finance
Fino Payments Bank Conversion
Fino Payments Bank received RBI’s in-principle approval to convert into a Small Finance Bank (SFB), enabling it to move beyond payments bank restrictions by accepting larger deposits and extending credit to underserved segments.
Media & Entertainment
Netflix-Warner Bros Discovery Deal
Netflix’s $72 billion acquisition of Warner Bros Discovery’s studios and streaming business gives it permanent control over premium content IPs including HBO Max, DC Comics, and Harry Potter, consolidating its content dominance.
Healthcare
NCCN Leadership Appointment
Dr Renuka Iyer has been appointed Chief Medical Officer of the National Comprehensive Cancer Network (NCCN), a globally recognized body for setting evidence-based cancer treatment guidelines and protocols.
Intelligence & Security
New Mossad Chief Appointment
Major General Roman Gofman will take over as chief of Mossad (Israel’s external intelligence agency) in 2026. His appointment is notable for his military background rather than traditional intelligence service experience.
Sports & Technology
Ronaldo-Perplexity AI Partnership
Cristiano Ronaldo’s partnership with Perplexity AI includes the Ronaldo Hub, a customized AI assistant that allows fans to explore his personal archives and career interactively, revisiting iconic moments in an engaging way.
Business & Retail
Simone Tata’s Legacy
Simone Tata (1929-2024) played a transformative role in developing Lakmé into India’s leading cosmetics brand and founded Trent Ltd., which launched the Westside retail chain, significantly shaping India’s modern beauty and retail landscape.
🎴 Revision Flashcards
Click each card to flip and test your recall
Tap to Reveal
Which festival is India’s UNESCO ICH nomination?
Diwali
20th ICH Session at Red Fort, Delhi
Tap to Reveal
What sector does Sahakar Sarathi digitize?
Cooperative and rural banking
Launched at EARTH Summit 2025
Tap to Reveal
Which Indian-led initiative did Russia join in 2025?
International Big Cat Alliance (IBCA)
Wildlife conservation cooperation
Tap to Reveal
What does Gemini 3 Deep Think mode specialize in?
Complex math, scientific reasoning, multi-step logic
For AI Ultra users
Tap to Reveal
What will Fino Payments Bank convert to?
Small Finance Bank (SFB)
RBI in-principle approval for lending
Tap to Reveal
What is the value of Netflix’s Warner Bros Discovery acquisition?
$72 billion
Gains HBO, DC, Harry Potter IPs
Tap to Reveal
Who will head Mossad from 2026?
Major General Roman Gofman
Military background, Israel intelligence
Tap to Reveal
Which brands did Simone Tata build?
Lakmé and Westside
Cosmetics and retail pioneer (1929-2024)
Think & Discuss
Streaming Consolidation: Consumer Benefit or Content Monopoly?
Context from today’s quiz: Netflix’s $72 billion acquisition of Warner Bros Discovery’s studios and streaming business gives it permanent control over premium content IPs including HBO Max, DC Comics, and Harry Potter. This represents massive consolidation in the streaming industry, with one company controlling vast content libraries.
🤔 Your Perspective Matters
Streaming industry consolidation promises benefits like one-stop content access, better production budgets, and potentially lower subscription costs through economies of scale. However, critics warn that concentration of content ownership in few hands reduces competition, limits creative diversity, increases pricing power, and may lead to content censorship or homogenization. The question parallels earlier concerns about monopolies in traditional media, newspapers, and telecommunications.
Does consolidation of streaming platforms and content libraries ultimately benefit consumers through convenience and quality, or does it create dangerous content monopolies that harm competition, creativity, and consumer choice?
Does consolidation of streaming platforms and content libraries ultimately benefit consumers through convenience and quality, or does it create dangerous content monopolies that harm competition, creativity, and consumer choice?
- What regulatory frameworks should govern content ownership concentration to prevent anti-competitive behavior while allowing scale benefits?
- How can we ensure that massive content consolidation doesn’t lead to creative homogenization, where diverse voices and experimental content get marginalized?
- Should there be limits on how much intellectual property one company can control, similar to historical media ownership restrictions, or is the digital landscape fundamentally different?
We’d love to hear your thoughts! Share your perspective in the comments.
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