About: In India, there is no clear definition of what constitutes a shell company in either Companies Act, 2013 or in any other Act. It normally refers to a company without active business operation or significant assets, which in some …
What is Pneumonia? Pneumonia is an infection that inflames the air sacs in one or both lungs. The air sacs may fill with fluid or pus, causing cough with phlegm or pus, fever, chills, and difficulty breathing. A variety of …
What’s in the news? Recently the deputy governor of Reserve Bank of India T. Rabi Shankar said that the RBI is currently working on a phased implementation strategy for its own digital currency, Central Bank Digital Currency (CBDC), and will …
Why in News? Tamil Nadu and Uttar Pradesh have acquired land for the Defence Industrial Corridors (DIC). What are DIC’s? A defence corridor is a channel or route along which domestic defence equipment manufactured by the public sector, the private …
What is NPA? A non performing asset (NPA) is a loan or advance for which the principal or interest payment remains overdue for a period of more than 90 days. Banks classify NPAs further into Substandard, Doubtful and Loss assets. …
Context Recently, the Government introduced the Marine Aids to Navigation Bill, 2021, in the Rajya Sabha to replace a nine-decade-old law to pave the way for shifting from lighthouses to modern aids for marine navigation. The Bill seeks to provide …
Why in News? The President of India recently said that the application of Buddhist values and principles in addressing issues of global concern will help in healing the world and making it a better place, while addressing the annual Asadha …
Who are they? Amateur radio operators are known as radio amateurs or hams who use radio frequency spectrum for purposes of non-commercial exchange of messages, wireless experimentation, self-training, private recreation, radiosport, contesting, and emergency communication. HAM refers to the Amateur …
What is Mangrove? Mangrove swamps are coastal wetlands found in tropical and subtropical regions. Mangroves belong primarily to the families Rhizophoraceae, Acanthaceae, Lythraceae, Combretaceae, and Arecaceae. They are characterized by halophytic (salt loving) trees, shrubs and other plants growing in …
About the Portal MyGov portal has been established as Government of India’s Citizen Engagement Platform which collaborates with multiple Government bodies/ Ministries to engage with citizens for policy formulation and seeks the opinion of people on issues/ topics of public …