About UNGA United Nations General Assembly (UNGA) is the main deliberative, policymaking and representative organ of the UN. It is one of the six principal organs which make up the UN. All 193 Member States of the UN are represented …
About WTO The World Trade Organization (WTO) is an intergovernmental organization that is concerned with the regulation of international trade between nations. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement, replacing the General Agreement on Tariffs and Trade (GATT), which commenced in 1948. It …
Competition Act, 2002 The Competition Act, 2002, as amended by the Competition (Amendment) Act, 2007, prohibits anti-competitive agreements, abuse of dominant position by enterprises and regulates combinations (acquisition, acquiring of control and Mergers and acquisitions), which causes or likely to …
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 …
How is citizenship acquired in India? In India, citizenship is regulated by the Citizenship Act, 1955. The Act specifies that citizenship may be acquired in India through five methods – by birth in India, by descent, through registration, by naturalisation …
About MPC The Monetary Policy Committee (MPC) is a committee of the RBI which is entrusted with the task of fixing the benchmark policy interest rate (repo rate) to contain inflation within the specified target level. The 2016 amendment of …
What is the role of the Chief of Defence Staff? The Government’s decision in 2019 to create the post of a Chief of Defence Staff (CDS), a long-pending demand to bring in tri-service synergy and integration, is the biggest top-level …