Repo Rate is 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 to control inflation, manage liquidity, and influence credit growth in the economy.
PMJDY promotes financial inclusion for all.
Pradhan Mantri Jan Dhan Yojana (PMJDY) is a national mission for financial inclusion, ensuring access to financial services like banking, savings, and credit for all households. It allows opening zero-balance bank accounts, promoting universal access to banking facilities.
Fundamental Duties guide Indian citizens.
Fundamental Duties are enshrined in Part IVA of the Indian Constitution, under Article 51A. They were added by the 42nd Amendment Act, 1976, based on the recommendations of the Swaran Singh Committee. There are currently eleven Fundamental Duties.
ISRO's Chandrayaan explores Moon.
The Indian Space Research Organisation (ISRO) has successfully launched multiple Chandrayaan missions for lunar exploration. Chandrayaan-1 was India's first lunar probe, while Chandrayaan-3 achieved a historic soft landing near the Moon's South Pole.
G20 promotes global economic cooperation.
The G20 (Group of Twenty) is an intergovernmental forum comprising 19 countries and the European Union. It addresses major issues related to the global economy, such as international financial stability, climate change mitigation, and sustainable development.
Major Dhyan Chand is Indian hockey legend.
Major Dhyan Chand, often known as 'The Wizard' or 'The Magician' of hockey, is considered one of the greatest field hockey players of all time. He won three Olympic gold medals for India in 1928, 1932, and 1936. India celebrates National Sports Day on his birth anniversary.