Unicorn Company: A unicorn is a term used in the venture capital industry to describe a startup company with a value of over $1 billion. India currently stands third in the global list of the number of companies that have attained unicorn status (well behind the US and China, but ahead of the UK and Germany.).
Arogya Setu: India launched Aarogya Setu mobile App to augment the efforts of limiting the spread of Covid-19. It has an objective of enabling bluetooth based contact tracing and mapping of likely hotspots and dissemination of relevant information about Covid-19. Significance: Expanding collaboration amongst the talented youth and citizens through open source would help in building a robust and secure technology solution which will further support the work of frontline health workers in fighting this pandemic together.
Rabi crop: Those that are sown around the Retreating Monsoon and Northeast monsoon season, which begins by October are called rabi or winter crops. The harvest for these crops happens typically during April and May, during the summer season. Major Rabi crops are wheat, gram, peas, barley etc.
One China Policy: is a key cornerstone of Sino-US relations. It is the diplomatic acknowledgement of China’s position that there is only one Chinese government. Under the policy, the US recognises and has formal ties with China rather than the island of Taiwan, which China sees as a breakaway province. China insists Taiwan is an inalienable part of one China. So, any country that wants diplomatic relations with mainland China must break official ties with Taipei. Since, the US established formal diplomatic ties with Beijing in 1979, it had to sever ties with Taiwan and closed its Taipei embassy. This has resulted in Taiwan’s diplomatic isolation from the international community.
CAATSA: Countering America’s Adversaries Through Sanctions Act is a United States federal law that imposed sanctions on Iran, North Korea, and Russia. It includes sanctions against countries that engage in significant transactions with Russia’s defense and intelligence sectors.