What is it? Foreign Exchange Reserve indicates the reserves held by RBI in the form foreign currency assets, gold, SDR and reserve tranche. Components of foreign exchange reserve: Foreign Currency Assets– Currencies of foreign countries are held in foreign exchange …
Context This article highlights the vision for India in the 100th year of its Independence and the ways to achieve the vision. Vision for India in 2047 The author’s vision for India in the 100th year of its Independence is …
Context: It has been two years since the signing of the historic Abraham Accords agreement. What is Abraham Accord? The Abraham Accord is a collaboration between Israel, the United Arab Emirates and Bahrain mediated by the USA. It is the …
About the Act The Unlawful Activities (Prevention) Amendment Act, 2019 was passed by the Parliament in 2019. It amends the Unlawful Activities (Prevention) Act, 1967. The act empowers the central government to designate an individual a “terrorist” if they are …
What’s in News: DART (Double Asteroid Redirection Test) spacecraft collided with the space rock Dimorphos. NASA has confirmed that the collision of the 600 kilogram weighing DART, on the Dimorphos(Didymos B), about five billion kilogram in mass (orbiting around the …
What’s in the news? The Union Cabinet has approved the extension for the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY-Phase VII) for a further period of 3 months i.e. October to December 2022. Under this welfare scheme, 5 kg of …
About ISA International Solar Alliance (ISA) was launched in 2015 by Prime Minister Narendra Modi and former President of France Francois Hollande at the 21st session of the United Nations Climate Change Conference of the Parties (COP-21) in Paris, France. …
What’s in the news? The Union Labour Ministry has released the fourth round (January-March 2022) of the Quarterly Employment Survey (QES), which is a part of the All India Quarterly Establishment based Employment Survey (AQEES). Highlights of the Survey The …
Indian Regional Navigation Satellite System (IRNSS) – NavIC IRNSS is an independent regional navigation satellite system developed by the Indian Space Research Organization (ISRO). In April 2016, with the last launch of the constellation’s satellite, IRNSS was renamed Navigation Indian …
About The Foreign Trade Policy (FTP) 2015-20 was the Government of India on April 1, 2015. Following are the highlights of the FTP: FTP 2015-20 provides a framework for increasing exports of goods and services as well as generation of …