Monetary Policy: The Reserve Bank of India maintained status quo in key policy rates as the Monetary Policy Committee (MPC) voted unanimously to keep the policy repo rate at four percent to keep the stance accommodative. While announcing the Bi-monthly Policy, RBI Governor Shaktikant Das said, Marginal Standing Facility (MSF) rate and bank rate will […]
Category: Current Affairs
22nd Law Commission Of India
22nd Law Commission Of India: The Government of India has informed the Supreme Court that appointment of the Chairperson and Members of the 22nd Law Commission of India, the Government’s top body to recommend crucial legislative reforms, is under consideration. The 22nd Law Commission was constituted by the Government on February 21, 2020. However, no […]
Pradhan Mantri Awaas Yojana – Gramin (PMAY-G)
Pradhan Mantri Awaas Yojana – Gramin (PMAY-G): The Union Cabinet has approved the proposal of the Department of Rural Development for continuation of Pradhan Mantri Awaas Yojana – Gramin (PMAY-G) beyond March 2021 wherein financial assistance is to be provided for the construction of the remaining 155.75 lakh houses, as on 31st March, 2021 under […]
Ambergris: Floating Gold
Ambergris: The Crime Branch of the Pimpri Chinchwad police has arrested two persons in Pune and seized 550 grams of ambergris, also known as ‘floating gold’. Ambergris, which means gray amber in French, is a waxy substance that originates from the digestive system of the protected sperm whales. While it is incorrectly referred to as […]
Ken-Betwa Inter-Linking Of Rivers Project: Approved by Union Cabinet
Ken-Betwa Inter-Linking Of Rivers Project: The Union Cabinet has approved the funding and implementation of Ken-Betwa inter-linking of rivers project. This project involves transfer of water from the Ken to the Betwa River through the construction of Daudhan Dam and a canal linking the two rivers, the Lower Orr Project, Kotha Barrage -and Bina Complex […]
Chief Of Defence Staff (CDS): Important Points
Chief Of Defence Staff (CDS): The first Chief of Defence Staff (CDS) was Bipin Rawat who took office on 1 January 2020 and held it till his death on 8 December 2021 The Chief of Defence Staff of the Indian Armed Forces (CDS) is the military head and chairman of the Chiefs of Staff Committee […]
Additional Dose Of A Covid-19 Vaccine
Additional Dose Of A Covid-19 Vaccine: With the Omicron variant of Covid-19 spreading across the country, the need for a booster shot or an additional jab may feel more urgent than ever. An additional dose, originally called a third dose, is given to people with moderately or severely compromised immune systems to improve their response […]
MINSK Agreements
MINSK Agreements: The United States has warned Russia not to invade Ukraine and urged both countries to return to a set of agreements designed to end a separatist war by Russian-speakers in eastern Ukraine. Here is a look at the agreements, which were signed in Minsk in 2014 and 2015. MINSK I: It was written […]
PANEX-21
PANEX-21: A Curtain Raiser Event for Humanitarian Assistance and Disaster Relief exercise, PANEX-21, for the member nations of BIMSTEC countries, was held in New Delhi on 07 December 2021. The exercise is planned to be conducted from 20-22 December 2021 at Pune and will witness participation from subject matter experts and delegates from India, Bangladesh, […]
Swadeshi Microprocessor Challenge
Swadeshi Microprocessor Challenge: Ministry of Electronics and Information Technology felicitated the winners of the ‘Swadeshi Microprocessor Challenge – Innovate Solutions for #AatmaNirbhar Bharat’ during AzadiKa Digital Mahotsav celebrations. On August 18, 2020, the Indian Ministry of Electronics and Information Technology (MeitY)launched the “Swadeshi Microprocessor Challenge” as part of their series of proactive, pre-emptive and graded […]