Foreign Exchange Reserves (Forex Reserves)
Forex reserves are assets held on reserve by a central bank (RBI) in foreign currencies like dollar, which can include bonds, treasury bills and other government securities. Need To Know They are an important component of the Balance of Payment … Continue reading
Cabinet Committee on Security (CCS)
The Cabinet Committee on Security (CCS), led by the Prime Minister, handles key decisions on defence policy, national security, and related expenditures. Need To Know With the Prime Minister as its chairperson, the committee typically comprises the Home Minister, Defence Minister, Finance … Continue reading
Critical Minerals
Critical minerals are those minerals which are essential for economic development and national security of a country. Examples: Lithium, Cobalt, Nickel and Graphite etc. Major Features of Critical Minerals High supply risk Limited substitutes Strategic importance Applications Green Energy: Lithium, … Continue reading