Current Affairs
Kuiper Belt
The Kuiper belt is a great ring of debris, like the asteroid belt, but it consists mainly of objects composed primarily of ice and rocks. It extends between 30 and 50 AU from the Sun. Nptable Objects in Kuiper Belts … Continue reading
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
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
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
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
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
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
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
Act East Policy and Look East Policy
Act East Policy It is a diplomatic initiative to promote economic, strategic, and cultural relations with the vast Asia-Pacific region at different levels. The ‘Act East Policy’ announced in 2014 is the upgrade of the “Look East Policy”. Objectives It … Continue reading
Organization of the Petroleum Exporting Countries (OPEC)
It is a permanent intergovernmental organization of oil-exporting countries. Formation It was established in 1960 by the five founding members Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela. Headquarters: Vienna, Austria. Mission To coordinate and unify the petroleum policies of its … Continue reading