About CPI Consumer Price Index is an index which measures the weighted average of prices of a basket of consumer goods and services such as transportation, food and medical care. It is calculated by measuring price changes for each item …
About WTO The World Trade Organization (WTO) is an intergovernmental organization that is concerned with the regulation of international trade between nations. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement, replacing the General Agreement on Tariffs and Trade (GATT), which commenced in 1948. It …
About SFBs The small finance bank (SFB) primarily undertakes basic banking activities of acceptance of deposits and lending to unserved and underserved sections including small business units, small and marginal farmers, micro and small industries and unorganised sector entities. The …
Context A five-judge bench of the Supreme Court is set to hear a batch of petitions challenging the constitutional validity of the Centre’s electoral bonds scheme. Notified on January 2, 2018, the scheme introduced instruments through which anyone in the …
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 …
Context This article discusses the increasing frequency of floods occurring due to various causes which necessitates appropriate flood management and suggests measures to tackle flood. What are floods? Sudden submergence or inundation of land area with water is called a …
About CVC The Central Vigilance Commission (CVC) was established in 1964, as an apex body for exercising general superintendence and control over vigilance administration, through the Government of India Resolution. The CVC is not controlled by any Ministry/Department. It is …
About AIF The Government of India launched the Central Sector Scheme of financing facility under the Agriculture Infrastructure Fund (AIF) in 2020. AIF is a medium – long term debt financing facility for investment in viable projects for post-harvest management …
What’s in the news? Indian Army and Indian Air Force contingent has departed for Kazakhstan to take part in the 7th edition of Joint Military ‘Exercise KAZIND-2023’. The Joint Exercise between India and Kazakhstan was instituted as ‘Exercise PRABAL DOSTYK’ …