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 …
As per the latest data, coal stocks at more than 100 thermal power plants in India have fallen below 25% of the required stock (critical mark). In more than 50 thermal plants, the stock has fallen below the 10% mark, …
Why in News: According to one of the experts who worked with Paris-based consultancy Systra on the feasibility report for the Silverline Project, Kerala should investigate the possibility of introducing tilting trains on existing broad gauge rail tracks, which would …
What’s in News: Researchers from the Indian Space Research Organisation (ISRO) and the Indian Institute of Science (IISc) have developed a way to make bricks from Martian soil with the help of bacteria and urea. These ‘space bricks’ can be …
What is a Farmer Producer Organization? A Producer Organisation (PO) is a legal entity formed by primary producers, viz. farmers, milk producers, fishermen, weavers, rural artisans, craftsmen. A PO can be a producer company, a cooperative society or any other …
About the scheme One District One Product One District One Product (ODOP) scheme was launched by the Ministry of Commerce and Industry. The objective is to convert each District of the country into an Export Hub by Identifying products with …
About Payments banks Payments banks are the new age banks with limited facilities. These banks mostly operate through the small vendors and shopkeepers. It exists in between the mobile wallet and regular banks. Payments banks are permitted to set up …
The Enforcement Directorate (ED) is an Indian government law enforcement body tasked with enforcing economic laws and combating economic crime. It was established to deal with violations of the Foreign Exchange Regulation Act of 1947’s Exchange Control Law. The Enforcement …
About UNSC The United Nations Security Council (UNSC) was established in 1946 as one of the six principal organs of the UN. It is generally viewed as the apex of the UN system. It is responsible for the maintenance of …
About The World Economic Outlook (WEO) is an International Monetary Fund’s report that provides analysis and forecasts of economic developments and policies in its member countries. The report encapsulates the state of the global economy and highlights risks and uncertainty …