Repo Rate is key monetary policy tool.
The Repo Rate is the rate at which commercial banks borrow money from the Reserve Bank of India (RBI) by selling securities. It is a primary tool used by the RBI to control inflation and manage liquidity in the economy.
GST unified India's indirect tax system.
The Goods and Services Tax (GST) is a consumption tax levied on goods and services, implemented in India through the 101st Constitutional Amendment Act. It replaced multiple cascading indirect taxes with a single, comprehensive tax system across the nation.
Preamble outlines Indian Constitution's objectives.
The Preamble to the Indian Constitution serves as an introductory statement, stating the guiding purpose and principles of the document. It declares India to be a Sovereign, Socialist, Secular, Democratic, Republic and secures justice, liberty, equality, and fraternity for all citizens.
PSLV is ISRO's reliable launch vehicle.
The Polar Satellite Launch Vehicle (PSLV) is ISRO's third-generation launch vehicle, known for its reliability and versatility. It primarily launches satellites into polar Sun-Synchronous Orbits and has been instrumental in missions like Chandrayaan-1 and Mangalyaan.
UNSC maintains global peace and security.
The United Nations Security Council (UNSC) is one of the six principal organs of the United Nations, charged with maintaining international peace and security. It comprises five permanent members (China, France, Russia, United Kingdom, United States) with veto power, and ten non-permanent members elected for two-year terms.
Olympic Games are major global multi-sport event.
The Olympic Games are leading international multi-sport events, held every four years, with Summer and Winter Games alternating. Originating in ancient Greece, the first modern Olympic Games took place in Athens, Greece, in 1896.