About IIP The Index of Industrial Production (IIP) is a composite indicator that measures the short-term changes in the volume of production of a basket of industrial products during a given period with respect to that in a chosen base …
How is citizenship acquired in India? In India, citizenship is regulated by the Citizenship Act, 1955. The Act specifies that citizenship may be acquired in India through five methods – by birth in India, by descent, through registration, by naturalisation …
About MPC The Monetary Policy Committee (MPC) is a committee of the RBI which is entrusted with the task of fixing the benchmark policy interest rate (repo rate) to contain inflation within the specified target level. The 2016 amendment of …
What is the role of the Chief of Defence Staff? The Government’s decision in 2019 to create the post of a Chief of Defence Staff (CDS), a long-pending demand to bring in tri-service synergy and integration, is the biggest top-level …
About NSIL New Space India Limited, incorporated in 2019 (under the Companies Act, 2013) is a wholly owned Government of India company, under the administrative control of Department of Space (DOS). It was established in 2019. NSIL is the commercial …
About MSP Minimum Support Price (MSP) is a form of market intervention by the Government to insure agricultural producers against any sharp fall in farm prices. The minimum support prices are announced by the Government at the beginning of the …
About DAC Defence Acquisition Council (DAC) is constituted under the Ministry of Defence (MoD) for overall guidance of the defence procurement planning process. It includes Defence Minister as Chairman and Minister of State for Defence (when appointed), Chief of Defence …