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 NMP Pursuant to the announcement made in the Union Budget 2021-22, the National Monetisation Pipeline (NMP) was prepared by NITI Aayog in collaboration with the concerned Infrastructure Ministries. NMP lists out assets and asset classes, under various infrastructure ministries, …
EAC-PM Economic Advisory Council to the Prime Minister (EAC-PM) is a non-constitutional, non-permanent and independent body constituted to give advice on economic and related issues to the Government of India, specifically to the Prime Minister. The Terms of Reference of …
India’s Borders India has 15,106.7 km of land border and a coastline of 7,516.6 km including island territories. Countries that share border with India Bangladesh (Longest Border- 4,096.7 km) China Pakistan Nepal Myanmar Bhutan Afghanistan (Shortest border- 106 km) …
About The Speaker of the Lok Sabha plays a vital role in overseeing the day-to-day proceedings of the House. In a new Lok Sabha, the Speaker is elected by a simple majority. Until the Speaker is elected, a pro-tem Speaker …
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 is sickle cell anaemia? Sickle cell anaemia (SCA) is an inherited genetic disease. Haemoglobin which is tasked with carrying oxygen to all parts of the body has four protein subunits — two alpha and two beta. In some people, …
About TRAI The Telecom Regulatory Authority of India (TRAI) was established in 1997 by an Act of Parliament, called the Telecom Regulatory Authority of India Act, 1997, to regulate telecom services, including fixation/revision of tariffs for telecom services which were …
What is a DPIIT-recognized startup? As per the Department for Promotion of Industry and Internal Trade’s (DPIIT) definition, an entity shall be considered a “Startup” – If it’s incorporated as either Private Limited Company or Registered Partnership Firm or …
About Pro-tem essentially means for the time being or temporarily. Pro-tem speaker is the temporary speaker appointed for a limited period of time to conduct the works in Lok Sabha or in state legislatures. Pro-tem speaker is chosen for the …