Repo Rate: RBI's monetary policy tool.
The Repo Rate is the rate at which the Reserve Bank of India lends money to commercial banks in India. It is a key tool used by the RBI to control inflation and manage liquidity in the economy. A higher repo rate makes borrowing more expensive for banks, thus discouraging lending.
NITI Aayog replaced Planning Commission.
NITI Aayog (National Institution for Transforming India) is a policy think tank of the Government of India, established on January 1, 2015. It replaced the 65-year-old Planning Commission, aiming to foster cooperative federalism and provide strategic and technical advice to the central and state governments.
Fundamental Duties: citizens' moral obligations.
Fundamental Duties were added to the Indian Constitution by the 42nd Amendment Act, 1976, upon the recommendations of the Swaran Singh Committee. Originally ten, an eleventh duty was added by the 86th Amendment Act, 2002. They are non-justiciable but remind citizens of their responsibilities to the nation.
India's Chandrayaan-3 lunar mission.
Chandrayaan-3 is the third lunar exploration mission by ISRO, successfully achieving a soft landing on the Moon's south pole region. It comprised a lander module (Vikram) and a rover (Pragyan), demonstrating India's capability for safe lunar landing and in-situ scientific experiments.
G20: Forum for international 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.
Olympic Rings represent five continents.
The Olympic symbol consists of five interlocking rings of blue, yellow, black, green, and red on a white field. These rings represent the five inhabited continents (Africa, Americas, Asia, Europe, and Oceania) united by Olympism, with at least one of these colours present in the national flag of every country.