What is Kishore Vaigyanik Protsahan Yojana? It is a scholarship program funded by the Department of Science and Technology of the GoI. The program was started in 1999 The aim of the program is to identify and encourage talented students with aptitude for research. Also, to encourage students of Basic Sciences, Engineering and Medicine to … Read more
What counts as ‘Act of God’? The Force Majeure or “Act of God” clause has its origins in the Napoleonic Code. FMC is a clause that is present in most commercial contracts and is a carefully drafted legal arrangement in the event of a crisis. The law of contracts is built around a fundamental norm … Read more
India joins US, Russia, China hypersonic Missile club India today became the fourth country after the United States, Russia and China to develop and successfully test hypersonic technology from APJ Abdul Kalam testing range (Wheeler Island) in Balasore, Odisha. This indigenous technology will pave the way towards development of missiles travelling at six times the … Read more
What is Special Marriage Act, 1954? The Special Marriage Act, 1954 is an Act of the Parliament of India enacted to provide a special form of marriage for the people of India and all Indian nationals in foreign countries, irrespective of the religion or faith followed by either party. People from different castes or religions … Read more
Indra Navy – 20 The 11th edition of exercise INDRA NAVY, a biennial bilateral maritime exercise between Indian Navy and Russian Navy is scheduled in the Bay of Bengal from 04 to 05 September 2020. Initiated in 2003, Ex INDRA NAVY epitomises the long-term strategic relationship between the two Navies. Whilst the exercise is being … Read more
Highlight key features of Dam Rehabilitation and Improvement Project DRIP is a state sector scheme with central component to improve safety and operational performance of selected dams. The project was launched in 2012 by Central Water Commission (CWC) under Ministry of Water Resources, River Development & Ganga Rejuvenation with assistance from World Bank. The project … Read more
Indian troops take vantage positions along LAC in Ladakh With trust levels at an all-time low, India is not taking any chances along the Line of Actual Control (LAC) in eastern Ladakh, with troops moving to vantage positions all along the border to detect and deter ingress moves by China. Talks at the brigade commander-level … Read more
Who releases ease of doing business report? Ease of doing business report is released by World Bank Group. The Doing Business Report (DB) is an annually published report aimed to measure the costs to firms of business regulations in 190 countries. The report measures the performance of countries across 10 different parameters namely- Starting a … Read more
Rajnath Singh Reaches Moscow for SCO Meet Raksha Mantri Shri Rajnath Singh reached Moscow on a three day visit to Russia. He was received by Major General Bukhteev Yury Nikolaevich at the Airport. During this visit, he shall be attending the combined meeting of Defence Ministers of Shanghai Cooperation Organisation (SCO), Collective Security Treaty Organisation … Read more
What are Open Market Operations? Open market operations is the sale and purchase of government securities and treasury bills by RBI or the central bank of the country. The objective of OMO is to regulate the money supply in the economy. RBI carries out the OMO through commercial banks It does not directly deal with … Read more
