About UPI Unified Payments Interface (UPI) is a system that powers multiple bank accounts into a single mobile application (of any participating bank), merging several banking features, seamless fund routing & merchant payments into one hood. This system enables lightning-fast …
What’s in the news? Principal Scientific Advisor to the Government of India launched “Science for Women-A Technology & Innovation (SWATI)” Portal, aimed at creating a single online portal representing Indian Women and Girls in STEMM (Science, Technology, Engineering, Mathematics & …
NBFCs An NBFC is a company registered under the Companies Act, 1956 which provides banking services without meeting the legal definition of a bank. They engage in the business of loans and advances, acquisition of shares, bonds, etc. issued by …
About the Scheme Saansad Adarsh Gram Yojana (SAGY) is a rural development programme broadly focusing upon the development in the villages which includes social development, cultural development and spread motivation among the people on social mobilization of the village community. …
Context: In her Interim Budget speech, Finance Minister Nirmala Sitharaman promised to launch a new scheme to strengthen deep-tech capabilities in the defence sector. Explanation and Opportunities in India: Deep tech refers to advanced and disruptive technologies, many of which …
What’s in the news? The Parliamentary Standing Committee on Defence has recommended that considering the plight of family members and Next of Kin (NoK) of Agniveers killed in the line of duty, their family members should receive the same benefits …
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) …
About the Scheme Sovereign Gold Bonds (SGBs) are bonds that are issued by the RBI on behalf of the Government on payment of rupees but denominated in grams of gold. The value of these bonds is tied to the value …
About the Scheme The National Electric Mobility Mission Plan (NEMMP) 2020 is a National Mission document providing the vision and the roadmap for the faster adoption of electric vehicles and their manufacturing in the country. As part of the NEMMP …
About PMKSY The Ministry of Food Processing Industries has been implementing the Pradhan Mantri Kisan SAMPADA Yojana (PMKSY) since 2017. SAMPADA (Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters) is a comprehensive package which aims to create modern infrastructure …