What is NPA? A non performing asset (NPA) is a loan or advance for which the principal or interest payment remains overdue for a period of more than 90 days. Banks classify NPAs further into Substandard, Doubtful and Loss assets. …
What’s in the news? NITI Aayog and Rocky Mountain Institute (RMI) has launched the Shoonya initiative to promote zero-pollution delivery vehicles by working with consumers and industry. RMI is an independent, non-partisan, non-profit organization of experts across disciplines working to …
About GST Council Goods & Services Tax Council is a constitutional body under Article 279A of the amended Constitution, for making recommendations to the Union and State Government on issues related to Goods and Service Tax. The Council was introduced …
Manual scavenging refers to the practice of manually cleaning, carrying, disposing or handling in any manner, human excreta from dry latrines and sewers. It often involves using the most basic of tools such as buckets, brooms and baskets. The practice …
The capitalist economic model relies on free market conditions for the creation of wealth. The production of goods and services is based on supply and demand in the general market. This economic structure is referred to as a market economy. …
About Subramania Bharati C. Subramaniya Bharathi (also known as Mahakavi Bharathiyar) was born in the Tamil Nadu district of Tirunelveli. He was a Tamil Nadu poet, freedom warrior, and social reformer. He advocated for women’s rights and opposed the caste …
About Chandrayaan 2 Chandrayaan 2 is an Indian lunar mission that attempted to conduct a soft landing on the Moon’s south polar region. Indian Space Research Organization (ISRO) launched Chandrayaan 2, a mission comprising an orbiter and a soft lander …
About UPI Unified Payments Interface (UPI) is India’s mobile based, ‘fast payment’ system that facilitates customers to make round the clock payments instantly using a Virtual Payment Address created by the customer. This eliminates the risk of sharing bank account …
About CPI It is an index which measures the weighted average of prices of a basket of consumer goods and services such as transportation, food and medical care. It is calculated by measuring price changes for each item in the …