About the Act The real estate (regulation and development) Act 2016 was enacted with the main purpose to establish the state level regulatory authorities called Real Estate Regulatory Authority for regulation and promotion of the real estate sector. The Act …
About AFSPA Passed in 1958 for the North-East and in 1990 for Jammu & Kashmir, the Armed Forces Special Powers Act (AFSPA) gives armed forces special powers to control “disturbed areas”, which are designated by the government when it is …
What is the Arab League? The Arab League, formally known as the League of Arab States, was established in 1945 with initially just six nations: Egypt, Iraq, Jordan, Lebanon, Saudi Arabia, and Syria. Currently, it has 22 member states, who …
How does India measure retail inflation? Inflation refers to a rise in the general level of prices of a set of goods and services over a period of time. India bases its retail inflation metrics on the Consumer Price Index …
Asiatic Cheetah Asiatic cheetah (Acinonyx jubatus venaticus) is classified as a “critically endangered” species by the IUCN Red List, and is believed to survive only in Iran. Asiatic cheetahs were once widespread across India but were eradicated in the country …
About Thalassemia Thalassemia is an inherited blood disorder that causes a body to have less hemoglobin than normal. It is a rare burdensome disease requiring lifelong repeated blood transfusion, as well as other expensive medical interventions for survival. It is …
About Insolvency and Bankruptcy Code, 2016 Insolvency is a situation where individuals or companies are unable to repay their outstanding debt. The Insolvency and Bankruptcy Code (IBC) provides a time-bound process for resolving the insolvency of corporate debtors called the …
What are Electoral Bonds? An electoral bond is designed to be an interest-free bearer instrument like a Promissory Note — in effect, it will be similar to a bank note that is payable to the bearer on demand. It can …
About FSDC Financial Stability and Development Council (FSDC) is an apex-level body constituted in 2010 to strengthen and institutionalize the mechanism for maintaining financial stability. It is not a statutory body. It is chaired by the Union Finance Minister of …
About PM CARES Fund The Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund was set up in the aftermath of the Covid-19 pandemic to mobilize resources. The Fund was established in 2020. PM CARES Fund is …