About OPEC The Organization of the Petroleum Exporting Countries (OPEC) is a group consisting of 13 of the world’s major oil-exporting nations. Countries that belong to OPEC include Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela (the five founders), plus the …
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 ICC The International Criminal Court (ICC) is a permanent judicial body established by the Rome Statute of the International Criminal Court (1998). It is an independent judicial body distinct from the UN. ICC investigates and tries individuals charged with …
About Jiwatram Bhagwandas Kripalani popularly known as Acharya Kripalani was born in Hyderabad, Sindh in 1888. As a student, Kripalani was involved in the Indian freedom struggle. He was an ardent Gandhi follower and in 1927 joined the Indian National …
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 …
About UNOCHA OCHA is the part of the United Nations Secretariat responsible for bringing together humanitarian actors to ensure a coherent response to emergencies. OCHA also ensures there is a framework within which each actor can contribute to the overall …
What’s in the news? The Micro, Small and Medium Enterprises, MSME sector has achieved a significant milestone by generating over 15 crore employment opportunities. Union MSME Minister Narayan Rane highlighted the important role of the Udyam portal in facilitating this …
About IIP The Index of Industrial Production (IIP) is a composite indicator that measures the short-term changes in the volume of production of a basket of industrial products during a given period with respect to that in a chosen base …
What’s in the news? The 4th edition of Bilateral Exercise between Indian Navy and Bangladesh Navy, BONGOSAGAR-23, and the 5th edition of Coordinated Patrol (CORPAT) by the two navies was conducted in the Northern Bay of Bengal recently. Ships and …