Background According to Section 47 of the RBI Act, profit of the RBI has to be transferred to the government periodically. However, before transferring, some amount of the profit is kept aside for maintaining reserves of the RBI. What constitutes …
About IIP Index of Industrial Production (IIP) details out the growth of various sectors in an economy such as mineral mining, electricity and manufacturing. It is compiled and published every month by the Ministry of Statistics and Programme Implementation. The …
About NHRC: NHRC of India is an independent statutory body established on 12 October, 1993 as per provisions of Protection of Human Rights Act, 1993, later amended in 2006. It is the watchdog of human rights in the country, i.e. …
About the scheme Pradhan Mantri Adarsh Gram Yojana (PMAGY) aims for integrated development of selected villages having more than 50% Scheduled Caste (SC) population through implementation of existing scheme of Central and State Governments in a convergent manner and by …
The landslide in Idukki district of Kerala has so far claimed 22 lives and rendered several homeless. What is a landslide? A landslide is defined as the movement of a mass of rock or debris down a slope. Landslides are …
Why in News? The Health Ministry formed an expert committee on vaccine administration, under the chairmanship of NITI Aayog member V.K. Paul. About the panel The panel would consider the logistics and ethical aspects of procurement and administration of COVID-19 …
About LCH The light combat helicopter (LCH) was designed and built indigenously by Hindustan Aeronautics Limited (HAL). It is a two-seater attack helicopter derived from the existing Dhruv helicopter. The LCH can be deployed in various roles, including tracking slow-moving …
What’s in the news? During a recent meeting held between External Affairs Minister S Jaishankar and Maldives Foreign Minister Abdulla Shahid, India committed to Maldives a five-pronged package including infrastructure worth $500 million, a direct cargo ferry service, creation of …
Hornbills Hornbills are a family of tropical and sub-tropical birds which are found extensively in Africa, Asia and Melanesia. Famously dubbed the ‘Farmers of the Forest’, these frugivores help in seed dispersal of several endemic trees and are important for …