RBI's Repo Rate controls money supply.
The Repo Rate is the interest rate at which the Reserve Bank of India (RBI) lends money to commercial banks. It is a key monetary policy tool used to control inflation and liquidity in the economy. A lower repo rate encourages banks to borrow more, increasing liquidity.
Ayushman Bharat provides health coverage to vulnerable families.
Launched in 2018, Ayushman Bharat is a flagship scheme of the Government of India aimed at achieving Universal Health Coverage. It comprises Pradhan Mantri Jan Arogya Yojana (PMJAY) providing health insurance cover up to ₹5 lakh per family per year, and Health and Wellness Centres (HWCs) for primary healthcare.
42nd Amendment termed 'Mini Constitution' of India.
Enacted in 1976, the 42nd Amendment Act made significant changes to the Indian Constitution. It added the words 'Socialist', 'Secular', and 'Integrity' to the Preamble and transferred five subjects from the State List to the Concurrent List, including education and forests. It also laid down Fundamental Duties for citizens.
India's Mars Orbiter Mission achieved historic success.
India's Mars Orbiter Mission (MOM), also known as Mangalyaan, was launched by ISRO in 2013 and successfully entered Mars' orbit in 2014. It made India the first Asian nation and the first in the world to reach Mars' orbit in its maiden attempt.
BRICS is an association of major emerging national economies.
BRICS is an acronym for the association of five major emerging national economies: Brazil, Russia, India, China, and South Africa. Originally 'BRIC' (formed in 2006), South Africa joined in 2010. The group aims to promote cooperation across various sectors among its member nations.
Abhinav Bindra won India's first individual Olympic gold.
Abhinav Bindra achieved a historic milestone by winning India's first-ever individual Olympic gold medal. He secured the gold in the men's 10-meter air rifle event at the 2008 Beijing Olympics, a landmark achievement in Indian sports history.