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The RBI has issued its FSR, a biannual publication representing the collective evaluation of the Financial Stability and Development Council (FSDC) sub-committee on the threats to financial stability and financial system resilience. Highlights Of The Report: Increase In NPA: The gross non-performingRead more
"Favor" and "Favour" both have exactly the same meaning. But the only difference between them is Favor is the US spellings of the word while Favour is the British Spelling of the word.
The Dravidian style of South Indian temple architecture: The Dravidian style of Architecture has five main components: Compound Wall: The Dravida temple is enclosed within a compound wall. Shikhara: It means the crown or stupa at the top of the temple. Vimana: It is the shape of main tower of the teRead more
The Agriculture Ministry has launched a data recovery centre 'Krishi Megh' set up in Hyderabad. Krishi Megh has been set up under the National Agricultural Higher Education Project (NAHEP), funded by both the government and World Bank. It focuses on protect the precious data of the government's premRead more
About Mega Food Park Scheme (MFP): It aims to provide a framework for linking agricultural production to the market by bringing producers, processors and distributors together. By doing so it aims to maximize value addition, minimize wastage, increase farmer’s income and create employment opportunitRead more
General Financial Rules (GFR) are a list of the Government of India's rules and orders to be followed by all when dealing with public finance issues. i.e. matters relating to revenue and expenditure of the government. These rules and orders are treated as executive instructions. They were first intrRead more
The process of purchasing goods, services or works from the private sector by the public sector (Government or state owned bodies) is known as Public procurement. More about Public Procurement: Its also a basic, vital part of democratic governance, poverty reduction and sustainable development. TheRead more
The Reserve Bank of India (RBI) LRS enables resident persons, including minors, to remit a certain sum of money for investment and expenditure to another country within a financial year. Corporations, joint businesses, Hindu Undivided Family (HUF), Trusts, etc. do not have access to the Scheme. MoreRead more
PLFS is India’s first computer-based survey which gives estimates of key employment and unemployment indicators like the labour force participation rate, worker population ratio, proportion unemployed, and the unemployment rate in rural households annually and on a quarterly basis for the urban housRead more
About Indian Gas Exchange (IGX): Ministry of Petroleum and Natural Gas has launched the Indian Gas Exchange (IGX). IGX is the first nationwide online delivery-based gas trading platform. It has been incorporated as a wholly-owned subsidiary of the Indian Energy Exchange (IEX), which is India’s energRead more