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 …
Why in News? Sea trials of India’s maiden indigenous aircraft carrier (IAC-1), built by the public sector Cochin Shipyard Ltd (CSL), began recently. The 40,000-tonne carrier is slated to join the Navy as INS Vikrant in 2022. What is an …
Why in News: The Indian Space Research Organisation (ISRO) has announced that it will launch an Earth Observation Satellite from the Satish Dhawan Space Centre at Sriharikota, Andhra Pradesh. About the satellite The satellite, EOS-03, will be carried on board …
About Nirbhaya Fund Framework Nirbhaya Fund is a dedicated fund set up by the Government of India in 2013 which can be utilized for projects specifically designed to improve the safety and security of women. It is a non-lapsable corpus …
About the Scheme Skills Acquisition and Knowledge Awareness for Livelihood Promotion (SANKALP) is a supporting programme to skill training schemes which focuses on improvement of quality, strengthening of institutions and inclusion of weaker sections in skill training. It is a …
About PMBJP Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) is a campaign launched by the Department of Pharmaceuticals to provide quality medicines at affordable prices to the masses. In September 2015, an existing ‘Jan Aushadhi Scheme’ was revamped as ‘Pradhan Mantri …
Context The Commission for Air Quality Management in National Capital Region and Adjoining Areas Ordinance, 2020 was promulgated on October 28, 2020. The Ordinance provides for the constitution of a Commission for better coordination, research, identification, and resolution of problems …
Why in News ? Researchers from the University of Delhi have named a newly-discovered frog species after former vice chancellor and renowned plant geneticist Prof. Deepak Pental. The species was discovered from the Western Ghats biodiversity hotspot. The newly-discovered species, …
Why in the news? Recently, a report released by Oxfam has noted that ‘net zero’ carbon targets that many countries have announced may be a “dangerous distraction” from the priority of cutting carbon emissions. Oxfam is a group of independent …
Why in the news? Recently, Prime Minister Narendra Modi launched an electronic voucher based digital payment system “e-RUPI”. The platform, which has been developed by the National Payments Corporation of India (NPCI), Department of Financial Services, Ministry of Health and …