Why in News: India and the Maldives signed a defence Line of Credit agreement worth $50 million. What is a Line of Credit A line of credit (LOC) is a preset borrowing limit that can be used at any time. …
Why in News: The Defence Research and Development Organisation (DRDO) conducted two successful launches of vertical launch short range surface-to-air missile (VL-SRSAM) off the Odisha coast in Balasore. About VL-SRSAM VL-SRSAM was indigenously developed and designed by DRDO Designed and …
CONTEXT It is not seditious acts but the persecution and labelling of dissenters that is creating cracks in society. BACKGROUND Recent charges of sedition against individuals have brought back focus to a law on sedition, introduced in the Indian Penal …
CONTEXT Recently the Karnataka Prevention of Slaughter and Preservation of Cattle Bill was passed by the State’s Legislative Council of Karnataka after already being passed by the state assembly. ISSUE The law was passed by the Council despite the lack …
About the Scheme The Khelo India programme has been introduced to revive the sports culture in India at the grass-root level by building a strong framework for all sports played in our country. It is implemented by the Ministry of …
About Financial Action Task Force (FATF): It is an intergovernmental organization that designs and promotes policies and standards to combat financial crime. Recommendations of the FATF target Money laundering Terrorist financing Other threats to the global financial system The FATF …
About the Turtle Also known as Red eared slider, the red-eared turtle originally belongs to Mississippi valley, North America. They are one of the most dangerous invasive species. It is the latest favourite of pet lovers, especially children, because of …
Background Finance Minister Nirmala Sitharaman, in her Budget speech for 2021-22, announced a new policy for central public sector enterprises (CPSEs), which she said will serve as a clear roadmap for disinvestment of government-owned firms across sectors. The Minister said …