Wholesale Price Index (WPI)
Measures price changes at the wholesale level. Base year is 2011 – 12 ( proposed base year is 2022 – 23). Primarily includes manufactured products, fuel, and primary articles. (service sector not included). The measurement of the WPI is based … Continue reading
Scarborough Shoal
The Scarborough Shoal is an oceanic coral atoll that developed on top of a seamount into a triangle shape in the eastern part of the South China Sea. It is the largest atoll in the South China Sea. The deep … Continue reading
Corporate Average Fuel Efficiency (CAFE) Norms
Corporate Average Fuel Efficiency or CAFE norms were first introduced in 2017 under the Energy Conservation Act, 2001, with the aim of curbing fossil fuel dependence and air pollution from road transport. Issued by the Bureau of Energy Efficiency (BEE). … Continue reading
United Nations Convention on the Law of the Sea (UNCLOS)
UNCLOS is an international treaty that establishes the legal framework for marine and maritime activities. Also called the law of the sea Adopted in 1982 and came into force in 1994. Fact To Know Aim to ensure peaceful use of … Continue reading