What is the Financial Services Institutions Bureau (FSIB)? The Financial Services Institutions Bureau has been constituted effective from July 01, 2022, as an autonomous body of Government of India. It replaced the Banks Board Bureau (BBB). FSIB’s mandate is recommending …
About the project In 2021, the Government of India launched the “PM GatiShakti — National Master Plan” for infrastructure development aimed at boosting multimodal connectivity and driving down logistics costs. PM GatiShakti is a digital platform that connects 16 ministries …
What’s in the news? ISRO has announced that Chandrayaan 3 mission is planned to be launched by mid-July. The aim of the mission is to place Rover on the surface of the moon. The Orbiter, Lander, Rover, and Propulsion modules …
About EU The European Union (EU) is a unique economic and political union between 27 European countries. The United Kingdom, which had been a founding member of the EU, left the organization in 2020. The EU was created by the …
Background The Commission for Air Quality Management in the National Capital Region and Adjoining Areas Act, 2021, was passed by the Parliament in 2021. What is the Act all about? The monitoring and management of air quality in the Delhi-NCR …
About The Union Cabinet has recently approved the Centrally Sponsored Scheme – “Vibrant Villages Programme” (VVP) – which aims at comprehensive development of villages of blocks on the northern border to improve the quality of life of people living in …
What’s in the news? The first edition of India, France and UAE Maritime Partnership Exercise commenced in the Gulf of Oman. The exercise will witness a wide spectrum of naval operations such as Surface Warfare, involving tactical firing and Drills …
Context Prepaid Payment Instrument (PPI) holders may soon get protection for their money against any fraud or unauthorised payment transactions. A committee set up to review the Customer Service Standards in RBI Regulated Entities has recommended that the central bank …