Current Affairs
National Commission for Minorities (NCM)
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
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
Equinox
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
Jal Jeevan Mission
Launched on 15th August 2019, the Jal Jeevan Mission (JJM) aims to provide tap water to every rural household by 2024 (extended till 2028), targeting 55 liters per person per day. Need To Know It is a Centrally Sponsored Scheme, … Continue reading
Free Trade Agreement (FTA)
FTA refers to eliminating tariffs and quotas on most goods and services among members, but each retains its own external tariffs. Examples include NAFTA (now USMCA) and EFTA. Source: The Hindu
Inter-State Water Disputes (ISWD)
Constitutional Provisions Article 262: Parliament may provide for the adjudication of inter-state river water disputes. Parliament may exclude the jurisdiction of Supreme Court and other courts Seventh Schedule Entry 17, State List: Water supply, irrigation, canals, drainage (subject to Entry … Continue reading
Resilience & Logistics Intervention for Export Facilitation (RELIEF) Scheme
It is a time-bound and targeted intervention launched by the Union government aimed at supporting Indian exporters affected by extraordinary freight escalation, heightened insurance premiums, and war-related export risks arising from disruptions in the Gulf and wider West Asia maritime … Continue reading
One District One Product (ODOP) Scheme
The One District One Product (ODOP) scheme is a flagship programme of the Ministry of Commerce and Industry, with the aim of transforming local specialities into global brands. Objectives Supporting artisans, farmers, and small enterprises, while preserving India’s cultural heritage … Continue reading
Sixth Schedule
The Sixth Schedule of the Indian Constitution provides a framework for administering tribal areas in Assam, Meghalaya, Tripura and Mizoram, granting them autonomy to safeguard tribal culture, land, and governance. Objective To protect tribal land and resources and prohibits the … Continue reading
Western Tragopan
The Western Tragopan (king of birds) is one of the world’s rarest ground-dwelling birds and the state bird of Himachal Pradesh. It is a flagship species of the Western Himalayas. Habitat Found between 2,400 and 3,600 m in moist temperate … Continue reading