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 …
What are electoral bonds? Electoral bonds are an instrument through which anyone can donate money to political parties. Such bonds, which are sold in multiples of Rs 1,000, Rs 10,000, Rs 1 lakh, Rs 10 lakh, and Rs 1 crore, …
What’s in the news? Recently, Comptroller and Auditor General of India (CAG) audit reports indicate there are issues of data-matching, errors in authentication, and shortfall in archiving on the functioning of the UIDAI. UIDAI (Unique Identification Authority of India) is …
Why in the news? Recently, the Union Cabinet approved a scheme to distribute fortified rice under government programmes. Earlier the Prime Minister had announced the fortification of rice distributed under various government schemes, including the public distribution system (PDS) and …
Children have been recognized by policy makers as one of the supreme national assets. India is home to 472 million children upto the age of 18 years and comprise 39 percent of the country’s population. The objective of Mission Vatsalya …
What are the habits and skills a UPSC aspirant should adopt? “The journey of 1000 miles starts with a single step”- This is something every aspirant should keep in mind while they prepare for the Civil Services exam. It …