Blog

Wings India-2022: The Ministry of Civil Aviation, Airports Authority of India (AAI) and Federation of Indian Chambers of Commerce and Industry (FICCI) is jointly organising Wings India 2022 from 24th – 27th March 2022, Begumpet Airport, Hyderabad, India. It is Asia’s largest event on Civil Aviation (Commercial, General and Business Aviation). It is in synergyRead more

FPO: FPOs are voluntary organizations controlled by their farmer-members who actively participate in setting their policies and making decisions. They are open to all persons able to use their services and willing to accept the responsibilities of membership, without gender, social, racial, political or religious discrimination. FPOs operatives provide education and training for their farmer-members,Read more

Finlandization: It refers to the policy of strict neutrality between Moscow (Russia) and the West that Finland followed during the decades of the Cold War. The principle of neutrality was rooted in the Agreement of Friendship, Cooperation, and Mutual Assistance (or YYA Treaty, from the Finnish “Ystavyys-, yhteistyo – ja avunantosopimus”) that Finland signed withRead more

3 seas initiative:  The Three Seas Initiative (3SI) is a regular cooperation format that brings together 12 European Union member states between the Adriatic Sea, the Baltic Sea and the Black Sea: Austria, Bulgaria, Estonia, Croatia, Lithuania, Latvia, Poland, Romania, Slovakia, Slovenia, the Czech Republic and Hungary. The partners of the 3SI are the UnitedRead more

NPA:  Non-Performing Assets is a loan or advance wherein interest or installments of principal remain overdue for a period of 90 days. Classification of Non Performing Assets: 1. Sub-standard: When the NPAs have aged less than 12 months. 2. Doubtful: When the NPAs have aged more than 12 months. 3. Loss assets: When the bankRead more

POCSO: Protection Of Children from Sexual Offences Act was enacted to protect the children from offences of sexual assault, sexual harassment and pornography with due regard for safeguarding the interest and well-being of children and was amended in August 2019 to provide more stringent punishment, including the death penalty, for sexual crimes against children. POCSORead more

MSP: The MSP is the rate at which the government purchases crops from farmers, and is based on a calculation of at least one-and-a-half times the cost of production incurred by the farmers. The Commission for Agricultural Costs & Prices (CACP) recommends MSPs for 22 mandated crops and fair and remunerative price (FRP) for sugarcane.Read more

JCPOA: The JCPOA was the result of prolonged negotiations from 2013 and 2015 between Iran and P5+1 (China, France, Germany, Russia, the United Kingdom, the United States). The JCPOA obliged Iran to accept constraints on its uranium enrichment program verified by an intrusive inspection regime in return for a partial lifting of economic sanctions. GalliumRead more

Chilka Lake: The Odisha government has proposed to ban movement of mechanised fishing boats in the Mangalajodi area of the Chilika lake, an important haunt of migratory birds, to provide the winged guests an undisturbed ecosystem for six months every year. Mangalajodi is recognised as globally important for the conservation of birds. Migratory birds arriveRead more

Convention on Migratory Species: Bonn Convention is a name of the international treaty on the conservation of migratory species of wild animals, that was adopted in Bonn, Germany in 1979. It came into force in 1983. The convention is simply known as Bonn Convention or CMS (Convention on Conservation of Migratory Species) which is anRead more