About Minimum import price (MIP) is a temporary measure to provide protection to domestic farmers from predatory pricing of imports. Below this price, import of the commodity is not allowed. It is imposed by the Directorate General of Foreign Trade …
About DAC Defence Acquisition Council (DAC) is constituted under the Ministry of Defence (MoD) for overall guidance of the defence procurement planning process. The Defence Minister is the Chairman of DAC. Its members include the Chief of Defence Staff (CDS) …
About IBBI The Insolvency and Bankruptcy Board of India (IBBI) was established in 2016 under the Insolvency and Bankruptcy Code, 2016. It is a key pillar of the ecosystem responsible for implementation of the Code that consolidates and amends the …
About GI Tag A geographical indication (GI) is a sign used on products that have a specific geographical origin and possess qualities or a reputation that are due to that origin. In order to function as a GI, a sign …
About CCI The Competition Commission of India (CCI) is a statutory body established under the Competition Act, 2002 for the administration, implementation and enforcement of the Act. CCI consists of a Chairperson and 6 Members appointed by the Central Government. …
About NPCI The National Payments Corporation of India (NPCI) was incorporated in 2008 as an umbrella organization for operating retail payments and settlement systems in India. It is an initiative of the RBI and Indian Banks’ Association (IBA) under the …
About A white dwarf is the core left behind after a dying star has exhausted its nuclear fuel and expelled its outer layers to form a planetary nebula. It is the most common type of stellar remnant (the remains of …
About As a general principle, land falling within 10 kms (in some exceptional cases it can even go beyond that) of the boundaries of the National Parks and Wildlife Sanctuaries are categorized as Eco-Fragile Zones or Eco-sensitive Zones. They are …
About ICI The Index of Eight Core Industries (ICI) is a production volume index published on a monthly basis. ICI measures combined and individual performance of production of eight core industries viz. Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, …