Variable Rate Repo (VRR)

VRR  is a type of liquidity adjustment tool used by the RBI, where banks can borrow funds for short-term at market-determined interest rates through an auction mechanism. How does it work? RBI conducts VRR auctions where banks bid for funds, … Continue reading

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Foreign Direct Investment (FDI)

FDI refers to investment made by a person residing outside India through capital instruments in either an unlisted Indian company or in at least 10% of the post-issue paid-up equity capital (on a fully diluted basis) of a listed Indian … Continue reading

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Cyprus

Location: It is an island country in the eastern Mediterranean Sea. Capital: Nicosia Share Maritime Border with Countries: Greece, Turkey, Syria, Lebanon, Israel and Palestine, Egypt. Climate Cyprus is the third largest island in the Mediterranean Sea, after the Italian … Continue reading

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Gaganyaan Mission

Gaganyaan Mission is the manned space mission of India. Fact To Know The crewed spaceflight plans to place humans in Low Earth Orbit (LEO) in the initial missions. Will help India in gaining practical knowledge and experience in launching future … Continue reading

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South Asian Association for Regional Cooperation (SAARC) Grouping

SAARC is an economic and political organisation of eight countries in South Asia formed on December 8, 1985, by the Dhaka Declaration, with its headquarters in Kathmandu, Nepal. Members Member Countries: Afghanistan (joined in 2007), Bangladesh, Bhutan, India, Maldives, Nepal, … Continue reading

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United Nations Framework Convention on Climate Change (UNFCCC)

It is an international treaty adopted at the Rio Earth Summit (1992) to coordinate the global response to climate change. Headquarters: Bonn, Germany  Objectives The primary role of UNFCCC is to provide a framework for negotiating specific international treaties, known … Continue reading

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Sixth Schedule of the Indian Constitution

The Sixth Schedule (Articles 244(2) and 275(1)) provides for autonomous administrative arrangements in certain tribal areas of the North-East. It seeks to protect the distinct cultures, customs, and governance practices of tribal communities while ensuring their integration into the Indian … Continue reading

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