Carbon Credit Trading is a market-based mechanism that helps reduce greenhouse gas emissions. A carbon credit represents the reduction, avoidance, or removal of 1 metric ton of CO₂ (or equivalent greenhouse gases) from the atmosphere. How Carbon Credit Trading Works? … Continue reading →

An LAF is a monetary policy tool used by the RBI in India through which it injects or absorbs liquidity into or from the banking system. It was introduced as a part of the outcome of the Narasimham Committee on … Continue reading →

Location: Great Nicobar Island, Andaman & Nicobar Islands Protection Status Galathea National Park Part of the Great Nicobar Biosphere Reserve (UNESCO), along with Campbell Bay National Park Biodiversity Fauna: Leatherback turtles (world’s largest sea turtle), Nicobar megapode, saltwater crocodiles, Nicobar … Continue reading →

It was enacted in 2016 based on the recommendation of the T.K. Vishwanathan Committee Report. Objectives To consolidate and amend all insolvency laws that exist in India. To simplify and expedite the process of resolution of Insolvency and Bankruptcy in … Continue reading →

Capital Gains Tax (CGT) is a tax levied on the profit arising from the sale of a capital asset (like land, buildings, shares, jewellery, patents). Types Short-term CGT: Any asset that is held for less than 36 months is termed … Continue reading →

Location: Landlocked country in Southern Africa. Capital: Harare Border Countries: South Africa, Botswana, Zambia, Mozambique. River: Zambezi (Victoria Falls) Topography: Veld grasslands   Source: PIB