Context Recently, India’s central bank announced cardless cash withdrawals at ATMs in the country. The feature will let consumers use Unified Payment Interface (UPI) on their smartphones to withdraw cash from ATMs. All ATMs across the country must enable this …
About NMP Last year, Finance Minister Nirmala Sitharaman unveiled a four-year National Monetisation Pipeline (NMP) worth an estimated Rs 6 lakh crore. It aims to unlock value in brownfield projects (which are assets that are already operational) by engaging the …
The Food Safety and Standards Authority of India (FSSAI) defines fortification as “deliberately increasing the content of essential micronutrients in a food so as to improve the nutritional quality of food and to provide public health benefit with minimal risk …
Why in News: Bengaluru has become the first Indian city to get into the global network of silk cities. About the global network of silk cities The network spans nine nations and thirteen cities. The Network assists artisans and craftsmen …
What’s in the news? Science and Technology Minister Dr Jitendra Singh has announced setting up of Single Window Portal for benefit of pensioners and superannuated elder citizens. He said the portal will not only enable constant contact with pensioners but …
What’s in the news? The RBI has introduced the Standing Deposit Facility (SDF), an additional tool for absorbing liquidity, at an interest rate of 3.75 per cent. Role of SDF The main purpose of SDF is to reduce the excess …
About ADB The Asian Development Bank (ADB) was founded in 1966 with the primary mission of fostering growth and cooperation among countries in the Asia-Pacific Region. It is headquartered in Manila, Philippines. At present, ADB comprises 68 members (including India)- …
The Distribution Companies (DISCOMs), which connect electricity providers to households, are in charge of distribution. They serve as a link between utilities and consumers. Electricity is a concurrent subject under the Indian Constitution, and the states are responsible for the …
Why in the news? Recently, The Weapons of Mass Destruction and their Delivery Systems (Prohibition of Unlawful Activities) Amendment Bill, 2022 has been unanimously passed in Lok Sabha. The Bill seeks to amend The Weapons of Mass Destruction and their …