Central Bank Digital Currency: CBDC is the legal tender issued by a central bank in a digital form. It is the same as a fiat currency and is exchangeable one-to-one with the fiat currency, only its form is different. RBI has demarcated the digital rupee into two broad categories: general purpose (retail) and wholesale. ThisRead more
Diving Support Craft (DSC) Project: DSC A 20’ is built by M/s Titagarh Rail Systems Ltd (TRSL).They are 30 m long catamaran hull ships, with a displacement of approx 300 tons. All five (05) DSCs are anticipated to be delivered to the Indian Navy in FY 2024-25.These crafts are being fitted with state-of-the-art diving equipment and toolsRead more
ENTAZIA: It is a bio fungicide crop protection product formulated with Bacillus subtilis. It was developed by FMC India. It will provide farmers with a powerful and sustainable tool to protect their crops from fungi while maintaining environmental integrity. It leverages the natural capabilities of Bacillus subtilis to control bacterial leaf blight, one of the most seriousRead more
Organised Crime and Corruption Reporting Project: The Organized Crime and Corruption Reporting Project is a global network of investigative journalists with staff on six continents. Founded in 2006, it specializes in organized crime and corruption. It publishes its stories through local media and in English and Russian through its website. The entity was involved inRead more
The Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES): It is an independent intergovernmental body established in 2012.It provides policymakers with objective scientific assessments about the state of knowledge regarding the planet’s biodiversity, ecosystems and the benefits they provide to people, as well as the tools and methods to protect and sustainably use theseRead more
Wrestling Federation of India (WFI): Wrestling Federation of India (WFI) is a governing body of wrestling based in New Delhi. It promotes wrestling players for the Olympics, Asian Games, National Wrestling Championships, and World Wrestling Championships. WFI’s Contract System for Wrestlers: In 2018, the WFI rolled out its revolutionary contracts system for the grapplers. UnderRead more
EXERCISE BRIGHT STAR-23: It is a biennial multilateral tri-service exercise. This multinational exercise was launched in 1980 as part of the US-brokered peace treaty between Egypt and Israel. This is the first time that IAF is participating in Ex BRIGHT STAR-23. Participating countries: United States of America, Saudi Arabia, Greece and Qatar.The Indian Air ForceRead more
Asian Development Bank (ADB): ADB (founded in 1966) is an international development finance institution. Its mission is to help its developing member countries reduce poverty and improve the quality of life of their people. Headquartered in Manila, ADB is owned and financed by its 68 members, of which 49 are from the region and 19Read more
Mera Bill Mera Adhikar Scheme: It is a Goods and Services Tax (GST) invoice incentive programme that offers cash incentives for uploading invoices. It would initially be introduced in the states of Assam, Gujarat, and Haryana, as well as the UTs of Puducherry, Daman & Diu, and Dadra & Nagar Haveli. Objective: To encourage customers to requestRead more
Lunar Polar Exploration Mission (LUPEX): It is a collaborative venture between Japan Aerospace Exploration Agency (JAXA) and the Indian Space Research Organisation (ISRO). The mission is scheduled to launch in 2025.LUPEX will use a rover and lander to study the possibility of establishing a base on the Moon, the availability of water ice, and surface explorationRead more
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