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

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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

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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

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PM E-DRIVE Scheme

It is scheme under Ministry of Heavy Industries with aim to expedite the adoption of Electric Vehicles (EVs) by providing upfront incentives for their purchase, as well as by facilitating the establishment of essential charging infrastructure for EVs. Target Support … Continue reading

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Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA)

It is a scheme under the Ministry of Rural Development aimed to provide a legal right for 100 days of employment in every financial year to at least one member of every rural household whose adult members agree to do … Continue reading

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Artemis 2 Mission

It is NASA’s first mission to carry humans to the vicinity of the moon since 1972 and is scheduled to launch in April 2026. Fact To Know The objective is to test human-rated deep space systems It is the second … Continue reading

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