Repo Rate is RBI's key monetary policy tool.
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's Monetary Policy Committee (MPC) to control inflation and manage liquidity in the economy.
Fundamental Duties are enshrined in Part IV-A of Constitution.
The 11 Fundamental Duties were added to the Indian Constitution by the 42nd Amendment Act, 1976, based on the recommendations of the Swaran Singh Committee. They are not enforceable by courts but serve as a reminder of citizens' responsibilities.
PMJDY promotes financial inclusion for all.
Pradhan Mantri Jan-Dhan Yojana (PMJDY), launched in August 2014, is a national mission for financial inclusion. It aims to provide universal access to banking facilities such as basic savings bank accounts, credit, insurance, and pension services to every household.
PSLV is ISRO's versatile launch vehicle.
The Polar Satellite Launch Vehicle (PSLV) is India's third-generation launch vehicle, developed by ISRO. It is primarily used to launch satellites into polar sun-synchronous orbits and has also been instrumental in launching payloads to Geosynchronous Transfer Orbit (GTO).
Five permanent members hold veto power in UNSC.
The United Nations Security Council (UNSC) has five permanent members: China, France, Russia, the United Kingdom, and the United States. These P5 nations possess the power to veto any substantive resolution, preventing its adoption.
Olympic rings symbolize five inhabited continents.
The Olympic symbol consists of five interlocking rings of blue, yellow, black, green, and red colours on a white field. These rings represent the five inhabited continents of the world united by Olympism. The colors chosen are those that appear in at least one national flag of the world.