Blog

Current Weekly Status: This approach records only those persons as unemployed who did not have gainful work even for an hour on any day of the week preceding the date of survey. Tight Money Policy: A Tight Money Policy  or contractionary monetary policy is focused on contracting (decreasing) the money supply in an economy. ARead more

Brahmos: BrahMos is a joint venture between the Defence Research and Development Organisation of India (DRDO) and the NPOM of Russia. BrahMos is named on the rivers Brahmaputra and Moskva. It is a two-stage (solid propellant engine in the first stage and liquid ramjet in second) missile. It is a multiplatform missile i.e it canRead more

START Treaty- (Strategic Arms Reduction Treaty) was a bilateral treaty between the United States and the Soviet Union on the reduction and the limitation of strategic offensive arms. The treaty was signed on 31 July 1991 between the US President, George Bush and General Secretary of the Communist Party of the Soviet Union, Mikhail GorbachevRead more

Sunrise Sector: Sunrise industry is a term used for a sector that is just in its infancy but shows promise of a rapid boom. Rapid emergence of this sector may threaten traditional industry sector because of its dim long-term prospects. In Indian scenario Artificial Intelligence, Semiconductor, drones, geospatial systems, genomics, pharmaceuticals, space techs, clean technologiesRead more

SilverLine Project: The proposed 529.45-km rail line in Kerala will link Thiruvananthapuram in the south to Kasaragod in the north, covering 11 districts through 11 stations. Trains will be capable to run at 200km/hr. The deadline for the project, being executed by the Kerala Rail Development Corporation Limited (KRDCL), is 2025. KRDCL, or K-Rail, isRead more

IPCC: Intergovernmental Panel on Climate Change (IPCC) was created to provide policymakers with regular scientific assessments on climate change, its implications and potential future risks, as well as to put forward adaptation and mitigation options. The Assessment Reports – are provided by three working groups of scientists. Working Group-I – Deals with the scientific basisRead more

The Uniting for Peace resolution: was initiated by the United States and submitted by the “Joint Seven-Powers” in October 1950, as a means of circumventing further Soviet vetoes during the course of the Korean War .It was adopted by 52 votes to 5, with 2 abstentions. It has empowered the General Assembly to act inRead more

SWIFT network: is a network used by banks to send secure messages about transfers of money and other transactions. More than 11,000 financial institutions in nearly 200 countries use SWIFT, making it the backbone of the international financial transfer system. SWIFT is a cooperative company under Belgian law. The system is overseen by the G10Read more

Green jobs: are decent jobs that contribute to preserve or restore the environment, be they in traditional sectors such as manufacturing and construction, or in new, emerging green sectors such as renewable energy and energy efficiency. At the enterprise level, green jobs can produce goods or provide services that benefit the environment, for example greenRead more

PMLA: Prevention of Money Laundering Act 2002 was enacted in response to India’s global commitment (including the Vienna Convention) to combat the menace of money laundering. Instead, rights have been “cribbed, cabined and confined”. PMLA was a comprehensive penal statute to counter the threat of money laundering, specifically stemming from trade in narcotics.   ECIR: Enforcement CaseRead more