Repo Rate is key monetary policy tool.
Repo Rate is the 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 and manage liquidity in the economy.
NITI Aayog replaced Planning Commission.
Established on January 1, 2015, NITI Aayog serves as the premier policy 'Think Tank' of the Government of India. It aims to foster cooperative federalism and provide strategic and technical advice to the central and state governments.
Fundamental Duties are citizens' responsibilities.
Introduced by the 42nd Amendment Act in 1976 based on the Swaran Singh Committee recommendations, Fundamental Duties are enshrined in Part IV-A of the Indian Constitution. They are moral obligations for citizens to promote patriotism and uphold national unity.
ISRO's Chandrayaan program explores Moon.
India's lunar exploration program, Chandrayaan, includes orbiters, landers, and rovers. Chandrayaan-3 successfully landed on the lunar south pole in August 2023, making India the fourth country to achieve a soft landing on the Moon.
G20 is a forum for global economic cooperation.
The Group of Twenty (G20) is an intergovernmental forum comprising 19 countries and the European Union (EU). It works to address major issues related to the global economy, such as international financial stability, climate change mitigation, and sustainable development.
Major Dhyan Chand Khel Ratna is highest sports honour.
Formerly known as the Rajiv Gandhi Khel Ratna, it was renamed in 2021 to honor legendary hockey player Major Dhyan Chand. This award is conferred annually for spectacular performance in sports over a four-year period by the Ministry of Youth Affairs and Sports.