What is it? Foreign exchange reserves are foreign currency assets held by the central banks of countries. These assets include foreign currency assets, gold, special drawing rights (SDRs) and reserve position in the International Monetary Fund (IMF). These reserves act …
About NCGG The National Centre for Good Governance (NCGG) was set up in 2014 by the Government of India as an apex–level autonomous institution under the Ministry of Personnel, Public Grievances and Pensions. NCGG deals with a gamut of governance …
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 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. MSP is the price at which the government procures certain crops from farmers to …
About Beti Bachao, Beti Padhao (BBBP) In 2015, the Government of India introduced the Beti Bachao, Beti Padhao (‘Save the girl child, educate the girl child’) scheme to address concerns about gender discrimination and women empowerment in the country. It …
About Grey zone warfare generally means a middle, unclear space that exists between direct conflict and peace in international relations. A multitude of activities fall into this murky in-between — from nefarious economic activities, influence operations, and cyberattacks to mercenary …
About The Indian flapshell turtle (Lissemys punctata) is a freshwater species of turtle found in South Asia. The “flap-shelled” name stems from the presence of femoral flaps located on the plastron. These flaps of skin cover the limbs when they …
What is BEPS? Typically, a company needs to pay tax for the income or profits they earn. Base Erosion and Profit Shifting (BEPS) is a tax avoidance strategy by which firms make profits in one country, and shift them across …
What is the Indus Water Treaty (IWT)? The Indus Water Treaty (IWT) was signed between India and Pakistan in 1960, for the use of water available in the Indus and its tributaries. It was signed in Karachi by then Prime …
About World Economic Forum The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. It was established in 1971 …