Repo rate is RBI's key monetary policy tool.
It is the rate at which commercial banks borrow money from the Reserve Bank of India against government securities. An increase in repo rate makes borrowing more expensive for banks, thus reducing liquidity in the market to control inflation.
Ayushman Bharat offers health cover to vulnerable families.
Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) is the world's largest government-funded health assurance scheme. It provides a health cover of ₹5 lakh per family per year for secondary and tertiary care hospitalization to over 10 crore poor and vulnerable families.
Article 32 empowers citizens to move Supreme Court for rights.
Article 32 of the Indian Constitution guarantees the right to constitutional remedies. It allows citizens to directly approach the Supreme Court to enforce their fundamental rights, earning it the title 'Heart and Soul' of the Constitution by Dr. B.R. Ambedkar.
Dandi March challenged British salt monopoly.
The Dandi March, or Salt Satyagraha, was a non-violent civil disobedience movement led by Mahatma Gandhi in 1930. It aimed to protest the British salt tax and monopoly, symbolizing India's broader struggle for independence.
Chandrayaan-3 achieved soft landing on lunar south pole.
India's third lunar exploration mission successfully landed its lander module, 'Vikram', and rover, 'Pragyan', near the Moon's South Pole. This made India the fourth country to achieve a soft landing on the Moon and the first to land near the lunar south pole.
SCO is a Eurasian political, economic, and security organization.
The Shanghai Cooperation Organisation (SCO) was founded in 2001 by several Central Asian states, China, and Russia. India and Pakistan became full members in 2017. Its permanent secretariat is located in Beijing.
India's highest sporting honor is Khel Ratna.
Formerly known as the Rajiv Gandhi Khel Ratna, the Major Dhyan Chand Khel Ratna Award is the highest sporting honour of India. It is awarded annually for 'spectacular and most outstanding performance in the field of sports' over a four-year period.