Repo Rate: RBI's key monetary policy tool.
The Repo Rate is the rate at which the Reserve Bank of India (RBI) lends money to commercial banks in India. It is a primary tool used by RBI to control inflation and manage liquidity in the economy, set by the Monetary Policy Committee.
GST is India's comprehensive indirect tax reform.
The Goods and Services Tax (GST) is a comprehensive indirect tax introduced in India, replacing multiple cascading taxes levied by central and state governments. It came into effect on July 1, 2017, under the One Hundred and First Constitutional Amendment Act.
Panchayati Raj System for local self-governance.
The Panchayati Raj System is a system of rural local self-governance in India. It was constitutionalized by the 73rd Amendment Act of 1992, adding Part IX and the Eleventh Schedule to the Constitution, establishing a three-tier structure.
Fundamental Rights enshrined in Indian Constitution Part III.
Fundamental Rights are justiciable rights guaranteed to citizens and, in some cases, non-citizens, protecting them from state overreach. They are enumerated in Part III of the Indian Constitution, from Articles 12 to 35, ensuring basic human freedoms.
ISRO's Chandrayaan-3 achieved soft lunar landing.
The Indian Space Research Organisation (ISRO) successfully landed its Chandrayaan-3 mission near the lunar south pole. This made India the fourth nation globally to achieve a soft landing on the Moon and the first to land near the south pole.
United Nations Headquarters located in New York City.
The main headquarters of the United Nations (UN) is situated in New York City, United States. The UN is an intergovernmental organization established in 1945 to promote international cooperation and maintain international peace and security.