Structure: The Competition Act, 2002, as amended by the Competition (Amendment) Act, 2007, follows the philosophy of modern competition laws. The Act prohibits anti-competitive agreements, abuse of dominant position by enterprises and regulates combinations (acquisition, acquiring of control and M&A), …
Context: The government is overhauling India’s science establishment, which includes setting up the new National Research Foundation (NRF) and restructuring the Defence Research and Development Organisation (DRDO). In this scenario, a frank assessment of the current administrative ability to simultaneously …
About PMRBP The Government of India confers the Pradhan Mantri Rashtriya Bal Puraskar (PMRBP) award to children for their exceptional achievements. The awards are conferred upon children in the age group 5 – 18 years, who deserve national recognition for …
About CGPB The Central Geological Programming Board (CGPB) is an important platform of the Geological Survey of India (GSI), Ministry of Mines wherein the Annual Field Season Program (FSP) of GSI is placed for discussion and to avoid duplication of …
What’s in the news? The Indian Army contingent comprising 25 personnel reached Egypt to take part in the 2nd edition of India-Egypt Joint Special Forces Exercise CYCLONE. The Exercise will be conducted at Anshas, Egypt from 22nd January to 1st …
What’s in the news? Prime Minister Narendra Modi has announced ‘Pradhan Mantri Suryodaya Yojana’ under which 1 crore households will get rooftop solar. The scheme aims to provide electricity to low and middle-income individuals through solar rooftop installations, along with …
What is Quantum Technology? Quantum technology is a field of physics and engineering that studies and applies the principles of quantum mechanics to the development of new technologies. Quantum mechanics is the branch of physics that describes the behavior of …
What’s in the news? Khelo India Youth Games 2023 is going on in Chennai, Tamil Nadu. Khelo India Youth Games were launched to promote grassroots sports development and nurture budding sports talent in the country. This is the first time …
About National Pension System NPS, regulated by the Pension Fund Regulatory and Development Authority (PFRDA), is a contributory pension scheme under which employees contribute 10 per cent of their salary. The government contributes 14 per cent towards the employees’ NPS …
What is a Snow Drought? Snow drought occurs when there is a period of abnormally low snowpack for the time of year in question. Snow drought is described as either dry or warm, depending on whether the drought is a …