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 (RBI) against government securities. The Monetary Policy Committee (MPC) sets this rate to control liquidity and inflation in the economy.
GST Council governs India's Goods and Services Tax.
The GST Council is a constitutional body (Article 279A) responsible for making recommendations to the Union and State Governments on issues related to GST. It is chaired by the Union Finance Minister and includes State Finance Ministers.
Fundamental Duties are enshrined in Part IV-A of Constitution.
The 11 Fundamental Duties were added to the Indian Constitution by the 42nd Amendment Act, 1976, based on the recommendations of the Swaran Singh Committee. They serve as a reminder to citizens of their responsibilities towards the nation.
India successfully landed Chandrayaan-3 on Moon's South Pole.
ISRO's Chandrayaan-3 mission achieved a soft landing near the lunar south pole, making India the fourth nation to successfully land on the Moon and the first to reach the south polar region. The mission's lander was named Vikram and the rover Pragyan.
India recently held the G20 Presidency.
India held the G20 Presidency from December 1, 2022, to November 30, 2023. The 18th G20 Summit was hosted in New Delhi in September 2023, where the African Union was admitted as a permanent member.
Abhinav Bindra won India's first individual Olympic gold.
Abhinav Bindra secured India's first individual Olympic gold medal in the 10-meter air rifle event at the 2008 Beijing Olympics. India's first Olympic medal as an independent nation was a bronze in men's field hockey in 1948.