About ADB The Asian Development Bank (ADB) was founded in 1966 with the primary mission of fostering growth and cooperation among countries in the Asia-Pacific Region. It is headquartered in Manila, Philippines. At present, ADB comprises 68 members (including India)- …
What’s in the news? Union Labour Minister Bhupendra Yadav reviewed the implementation of four labour codes. Background Last year, the Parliament passed three labour law codes that complete the government’s consolidation of 29 labour laws into four codes. The three …
About the scheme Pradhan Mantri Sahaj Bijli Har Ghar Yojana –“Saubhagya” is a scheme under the Ministry of Power to ensure electrification of all willing households in the country. Known as one of the largest household electrification drives in the …
What is the mission about? The Ministry of Culture was working on the cultural mapping mission to build a comprehensive database of artists, art forms and other resources from organisations under the Ministry. Launched in 2017, it is aimed at …
Background Recently, the U.S. President Joe Biden, along with Prime Ministers Scott Morrison and Boris Johnson of Australia and the U.K. respectively, announced the formation of a new trilateral security partnership called AUKUS (Australia-U.K.-U.S.). Under the new security alliance, the …
Unrecognised political parties Either newly registered parties (under the Representation of Peoples Act, 1951) or those which have not secured enough percentage of votes in Assembly or General Elections to become a State party or those which have never contested …
Why in News: The Defence Ministry placed ₹7,523-crore order for 118 indigenous Arjun Mk-1A tanks. About Main Battle Tank (MBT) Arjun It has been developed under a multi-laboratory programme of DRDO mainly at the Combat Vehicles Research & Development Establishment …
NEWS Diseases and outbreaks are realities and a well-functioning system can help reduce their impact. CONTEXT Since 1880’s, when it was for the very first time discovered that cholera was a waterborne, contagious disease and in the years to follow, …
Why in the news? Stabecoins are exploding in popularity because they are a practical and cheap way to transact in cryptocurrency mainly in US markets. Stablecoins have moved from virtual nonexistence to a more than $120 billion market in a …
What is dumping? Dumping is the practice of selling a product in a foreign market at an unfairly low price (a price that is lower than the cost in the home market, or which is lower than the cost of …