A GLOF is a sudden and catastrophic release of water from a glacial lake, typically caused when the natural dam (usually ice, moraine, or landslide debris) containing the lake fails. Example : Example: South Lhonak Lake GLOF, Sikkim (2023) Causes … Continue reading →

It is an initiative designed to facilitate access to credit for MSMEs by offering a guarantee for loans extended to them by reducing the risk perceived by lenders. Need To Know Who can avail the credit?: MSMEs with valid Udyam … Continue reading →

Nilgiri Tahr is also known as Nilgiri Ibex, and it is the state animal of Tamil Nadu. Need To Know Habitat It is found in the open montane grassland habitat of the rainforest ecoregion. It is endemic to the Nilgiri … Continue reading →

It is a statutory body established under the Minorities Act, 1992, with the aim to safeguard the rights and interests of religious minorities in India. Need To Know Composition: Chairperson, Vice-Chairperson, and five Members, all from minority communities. Tenure: 3 … Continue reading →

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 →

An equinox occurs when the Earth’s axis is not tilted toward or away from the Sun, resulting in equal length of day and night across the planet. Need To Know Equinoxes occur twice a year: Vernal Equinox: Around March 20-21, … Continue reading →