Repo Rate is RBI's key monetary policy tool.
The Repo Rate is the rate at which the Reserve Bank of India (RBI) lends money to commercial banks for short periods. It is a crucial tool used by the RBI's Monetary Policy Committee to control liquidity and inflation in the economy.
Fundamental Duties enshrined in Indian Constitution.
Part IV-A of the Indian Constitution, specifically Article 51A, lists 11 Fundamental Duties. These duties were added by the 42nd Amendment Act of 1976, based on the recommendations of the Swaran Singh Committee. They are non-justiciable.
PM-KISAN provides income support to farmer families.
Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) is a central sector scheme launched in 2019. It provides eligible landholding farmer families with an income support of Rs 6,000 per year, disbursed in three equal instalments of Rs 2,000 every four months.
Chandrayaan-3 successfully landed on lunar south pole.
India's third lunar exploration mission, Chandrayaan-3, achieved a historic soft landing near the Moon's south polar region in August 2023. This made India the fourth nation globally to achieve a soft lunar landing and the first to successfully reach the south polar area.
G20 is premier forum for international economic cooperation.
The Group of Twenty (G20) is an intergovernmental forum comprising 19 countries and the European Union. It works to address major issues related to the global economy, such as international financial stability, climate change mitigation, and sustainable development. India held the G20 presidency in 2023.
Major Dhyan Chand Khel Ratna is India's highest sports award.
The Major Dhyan Chand Khel Ratna Award is the highest sporting honour of India. It is awarded annually by the Ministry of Youth Affairs and Sports to individuals for spectacular and most outstanding performance in the field of sports over a period of four years.