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 …
About NSIL New Space India Limited, incorporated in 2019 (under the Companies Act, 2013) is a wholly owned Government of India company, under the administrative control of Department of Space (DOS). It was established in 2019. NSIL is the commercial …
About MSP Minimum Support Price (MSP) is a form of market intervention by the Government to insure agricultural producers against any sharp fall in farm prices. The minimum support prices are announced by the Government at the beginning of the …
About DAC Defence Acquisition Council (DAC) is constituted under the Ministry of Defence (MoD) for overall guidance of the defence procurement planning process. It includes Defence Minister as Chairman and Minister of State for Defence (when appointed), Chief of Defence …
About NSG Established in 1975, the Nuclear Suppliers Group (NSG) comprises 48 states that have voluntarily agreed to coordinate their export controls to non-nuclear-weapon states. The NSG governs the transfers of civilian nuclear material and nuclear-related equipment and technology. Full …
About the Index The State Food Safety Index has been developed by the Food Safety and Standards Authority of India (FSSAI) to measure the performance of states on various parameters of Food Safety. This index is based on performance 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 …