Insolvency and Bankruptcy Code (IBC)
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
Index of Industrial Production (IIP)
It is a measure of short-term changes in the volume of industrial output in India, covering mining, manufacturing, and electricity sectors. Released by the National Statistics Office (NSO) under the Ministry of Statistics and Programme Implementation every month. Base Year: … Continue reading
Nuclear Non-Proliferation Treaty (NPT)
The Nuclear Non-Proliferation Treaty (NPT) was signed in 1968 and came into force in 1970 with the aim of Prevent the spread of nuclear weapons. Promote peaceful use of nuclear technology. Encourage nuclear disarmament. Fact To Know Recognized Nuclear Weapon … Continue reading