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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

Kyoto Protocol: It is legally binding, only members of UNFCCC can become parties to the Kyoto Protocol. Kyoto Protocol was adopted at the 3rd session of UNFCCC. To meet the targets of the Kyoto Protocol, member countries cannot include international shipping and international aviation Countries can use Land Use (LU), land-use change (LUC), and ForestryRead more

INCOIS: Indian National Centre for Ocean Information Services is an autonomous organization under the Ministry of Earth Sciences (MoES). It is mandated to provide the best possible ocean information and advisory services to society, industry, government agencies and the scientific community through sustained ocean observations and constant improvement through systematic and focused research.   CoastalRead more

EPFO: The Employees’ Provident Fund Organisation is the statutory body under the Government of India’s Ministry of Labour and Employment, which is responsible for regulation and management of provident funds in India. The EPFO administers the mandatory provident fund.   Agriculture Orientation Index: AOI for Government Expenditures is defined as the Agriculture share of GovernmentRead more

Active Pharmaceutical Ingredients: are the active ingredients contained in a medicine. It is that part of the medicine that produces the intended therapeutic effects. For example, in a painkiller, the active ingredient relieves pain. In the OTC drug Crocin, the API is paracetamol.   Moratorium: The RBI, has the power to ask the government toRead more

Saubhagya scheme: The Pradhan Mantri Sahaj Bijli Har Ghar Yojana was launched in 2017 to ensure electrification of all households in the country in rural as well as urban areas. Objectives: Achieving Universal Household Electrification in the country, through last mile connectivity. Providing access to electricity to all un-electrified households in rural areas and poor households inRead more