Repo Rate is RBI's short-term lending rate.
The Repo Rate is the interest rate at which the Reserve Bank of India (RBI) lends money to commercial banks in India. It is a crucial tool used by the RBI to control inflation and manage liquidity in the financial system.
Fiscal deficit indicates government's total borrowings.
Fiscal deficit is the difference between the government's total expenditure and its total receipts (excluding borrowings). It represents the total borrowing requirements of the government for a financial year to meet its expenses.
Fundamental Duties enshrined in Indian Constitution.
Part IV-A (Article 51-A) of the Indian Constitution outlines 11 Fundamental Duties for citizens. These duties, added by the 42nd Amendment Act of 1976 based on the recommendations of the Swaran Singh Committee, are non-justiciable.
Swachh Bharat Abhiyan promotes sanitation and cleanliness.
Swachh Bharat Abhiyan (SBA) is a nationwide cleanliness campaign launched by the Government of India. Its core objectives include eliminating open defecation and improving solid waste management in both urban and rural areas across the country.
PSLV is ISRO's versatile workhorse launch vehicle.
The Polar Satellite Launch Vehicle (PSLV) is the third-generation launch vehicle of India's ISRO. It is primarily used for placing satellites into Sun-Synchronous Polar Orbits and has successfully launched numerous Indian and foreign satellites.
UN Security Council maintains international peace.
The United Nations Security Council (UNSC) is one of the six principal organs of the UN, responsible for maintaining international peace and security. It comprises five permanent members (China, France, Russia, UK, US) with veto power, and ten non-permanent members elected for two-year terms.
Dronacharya Award honors sports coaches.
The Dronacharya Award is presented by the Ministry of Youth Affairs and Sports, Government of India, to outstanding coaches in sports and games. It is named after Dronacharya, the royal guru to the Kauravas and Pandavas in the Mahabharata.