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National Overseas Scholarship: In order to facilitate those students who, have low family income, the Government of India has launched a National Overseas scholarship. Through this scholarship scheme students belonging to scheduled caste, denotified Nomadic, and semi-Nomadic tribes, landless agricultural labourers and traditional artisans category will get financial assistance for their higher education. Through this scheme, financial assistanceRead more

MINSK I: Ukraine and the Russian-backed separatists agreed a 12-point ceasefire deal in the Belarusian capital in September 2014. Its provisions included prisoner exchanges, deliveries of humanitarian aid and the withdrawal of heavy weapons, five months into a conflict that had by then killed more than 2,600 people – a toll that Ukrainian President VolodymyrRead more

One Health Approach: ‘One Health’ vision derives its blueprint from the agreement between the tripartite-plus alliance comprising the Food and Agriculture Organization of the United Nations (FAO), the World Organisation for Animal Health (OIE). The overarching purpose is to encourage collaborations in research and sharing of knowledge at multiple levels across various disciplines like humanRead more

Collegium System: It is the system of appointment and transfer of judges that has evolved through judgments of the SC, and not by an Act of Parliament or by a provision of the Constitution. The SC collegium is headed by the CJI and comprises four other senior most judges of the court. A HC collegium is led byRead more

CEEW: Council on Energy, Environment and Water is an independent, non-partisan, one of Asia’s leading not-for-profit policy research institutions, devoted to research on all matters affecting the use, reuse, and misuse of resources.   GAFTA: Under the Greater Arab Free Trade Area (GAFTA) Agreement, the UAE has free trade access to Saudi Arabia, Kuwait, Bahrain, Qatar,Read more

Crimson Rose Butterfly: belongs to the Swallowtails (Papilionidae) family, a large butterfly with a mix of black, white and crimson colours on its wings and body, is known for crossing the sea to migrate to Sri Lanka. The butterflies have been flying from Dhanushkodi across the Indian Ocean over the last few days, fuel-stopping atRead more

Demand Pull inflation: is mainly due to increase in Aggregate demand. The increase in Aggregate demand mainly comes from either increase in Government Expenditure (Expansionary Fiscal Policy) or by an increase in expenditure from Households and Firms. The root cause of demand-pull inflations is- Aggregate demand > Aggregate Supply. This simply means that the firmsRead more

54th flight of PSLV:    Inflation Targeting: It is a central banking policy that revolves around adjusting monetary policy to achieve a specified annual rate of inflation. The principle of inflation targeting is based on the belief that long-term economic growth is best achieved by maintaining price stability, and price stability is achieved by controllingRead more

IPO: An initial public offering (IPO) refers to the process of offering shares of a private corporation to the public in a new stock issuance. An IPO allows a company to raise capital from public investors. The transition from a private to a public company can be an important time for private investors to fullyRead more

IMR: The Infant Mortality Rate or IMR is the number of deaths of children (under one year of age) per 1000 live births. The infant mortality rate for India in 2021 was 771 deaths per 1000 live births, a 3.61% decline from 2020.The SDG 3 aims to ensure healthy lives and promote well-being for all atRead more