Who is the Leader of Opposition? The Leader of the Opposition (LoP) is the Leader of the largest opposition party. The post was not recognised till 1969 when Ram Subhag Singh became the first recognised LoP of the Lok Sabha. …
About The Indian Government enacted the Prohibition of Child Marriage Act of 2006 to ensure that child marriage is eradicated from within the society. This Act is armed with enabling provisions to prohibit child marriages and provide relief to victims …
About A carry trade is an investment strategy that’s most often associated with foreign currency trading: An investor will borrow money in one currency at a low interest rate (such as Japanese yen or Swiss franc) and invest in a …
About National Company Law Tribunal (NCLT) NCLT is a quasi-judicial authority incorporated for dealing with corporate disputes that are of civil nature arising under the Companies Act. NCLT was constituted by the Central Government in 2016. It focuses on laws …
About MSP Minimum Support Price (MSP) is a form of market intervention by the Government to insure agricultural producers against any sharp fall in farm prices. MSP is the price at which the government procures certain crops from farmers to …
About NMP Pursuant to the announcement made in the Union Budget 2021-22, the National Monetisation Pipeline (NMP) was prepared by NITI Aayog in collaboration with the concerned Infrastructure Ministries. NMP lists out assets and asset classes, under various infrastructure ministries, …
EAC-PM Economic Advisory Council to the Prime Minister (EAC-PM) is a non-constitutional, non-permanent and independent body constituted to give advice on economic and related issues to the Government of India, specifically to the Prime Minister. The Terms of Reference of …
India’s Borders India has 15,106.7 km of land border and a coastline of 7,516.6 km including island territories. Countries that share border with India Bangladesh (Longest Border- 4,096.7 km) China Pakistan Nepal Myanmar Bhutan Afghanistan (Shortest border- 106 km) …
About The Speaker of the Lok Sabha plays a vital role in overseeing the day-to-day proceedings of the House. In a new Lok Sabha, the Speaker is elected by a simple majority. Until the Speaker is elected, a pro-tem Speaker …
About Insolvency and Bankruptcy Code, 2016 Insolvency is a situation where individuals or companies are unable to repay their outstanding debt. The Insolvency and Bankruptcy Code (IBC) provides a time-bound process for resolving the insolvency of corporate debtors called the …