Why in the news? International Union for Conservation of Nature (IUCN) which is a global authority on the status of the natural world and the measures needed to safeguard it, is coming up with new Global measure called Green Status …
About DICGC Deposit Insurance and Credit Guarantee Corporation (DICGC) is a wholly owned subsidiary of the RBI, created by an act of parliament in 1961. DICGC provides insurance cover on bank deposits. The idea behind the DICGC is to boost …
About iDEX The iDEX initiative of the Department of Defence Production under the Ministry of Defence was launched by the Prime Minister in April 2018. iDEX aims at Creation of an ecosystem to foster innovation and technology development in Defence …
What is it? The World Economic Outlook (WEO) is an International Monetary Fund’s report that provides analysis and forecasts of economic developments and policies in its member countries. The report encapsulates the state of the global economy and highlights risks …
Background Currently, among the most disputed topics in the world, in the South China Sea (SCS) dispute, the governments of six countries (Vietnam, Indonesia, Philippines, Brunei, Malaysia and China) claim that they are the rightful owner of Paracel and Spratly …
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 …