Context The Chief Justice of India (CJI) has agreed to list before Constitution Benches, the petitions challenging the money Bill route taken by the Centre to pass contentious laws/amendments. What are money and financial Bills? The Constitution defines certain categories …
About the Programme The Sagarmala project seeks to develop a string of ports around India’s coast. The objective of this initiative is to promote “Port-led development” along India’s 7500 km long coastline. It aims to develop access to new development …
About Futures and options (F&O) are derivative products in the stock market. Since they derive their values from an underlying asset, like shares or commodities, they are called derivatives. They are agreements to buy and sell assets in future at …
What is Priority Sector Lending? Priority Sector means those sectors which the Government of India and Reserve Bank of India consider as important for the development of the basic needs of the country and are to be given priority over …
About PVTGs In India, tribal population makes up for 8.6% of the total population. Tribal people live in about 15% of the geographical area of the country. Among them some groups are declared as Particularly Vulnerable Tribal Groups (PVTGs) based …
About It was founded as an autonomous institution under the Ministry of Culture. It was earlier known as the Nehru Memorial Museum and Library. It is dedicated to the objective of promoting advanced research on Modern and Contemporary India and …
What is it? Foreign exchange reserves are foreign currency assets held by the central banks of countries. These assets include foreign currency assets, gold, special drawing rights (SDRs) and reserve position in the IMF. The main purpose of holding foreign …