World Trade Organization (WTO)

World Trade Organization (WTO)

Goals of WTO How did WTO come into Being? From the early days of the Silk Road to the creation of the General Agreement on Tariffs and Trade (GATT) and the birth of the WTO, trade has played an important role in supporting economic development and promoting peaceful relations among nations. Year Place/Name Notable Outcomes […]

World Bank

World Bank

About World Bank Group Composition Together, the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA) form the World Bank, which provides financing, policy advice, and technical assistance to governments of developing countries. While the World Bank Group consists of five development institutions. All of these efforts support the Bank Group’s twin goals of […]

Core Industries

Core Industries

The Core Industries of an economy are its primary or key industries. In India, there are eight sectors recognized as the core industries. This article provides detailed information about these eight core sectors of the Indian economy, relevant for the UPSC exam. Eight Core Sectors Index of Industrial Production Significance of IIP It is used […]

Monetary Policy Committee (MPC)

Monetary Policy Committee (MPC)

About Functions of MPC The Monetary Policy Committee (MPC) has several important functions: Importance of Monetary Policy Committee Related Links: CPI – Consumer Price Index Deflation VS Disinflation Election Commission of India Delimitation Commission

Vibrant Villages Programme

Vibrant Villages Programme

About Objective Significance of Vibrant Village Programme What are the Challenges for Developing Villages along the LAC? Related Links: Universal Service Obligation Fund (USOF) Panchayati Raj Institution (PRI) PM Gram Sadak Yojana Amrit Dharohar Capacity Building Scheme

Drugs and Magic Remedies Act 1954

Drugs and Magic Remedies Act 1954

About Definition Prohibited Advertisements Included Schedule Diseases The originally included schedule contained a list of 54 diseases and conditions: Amendments and Penalties Criticism and Future Amendments Related Links: Citizenship Amendment Act (CAA) Important Amendments to Indian Constitution Antimicrobial Resistance (AMR) 10000 Genomes Project

Universal Service Obligation Fund (USOF)

Universal Service Obligation Fund (USOF)

About Objectives Funding of the USOF The resources for the implementation of Universal Service Obligation Fund (USOF) are raised by way of collecting a Universal Service Levy (USL), which is 5 percent of the Adjusted Gross Revenue (AGR) of Telecom Service Providers. Significance: Telecom Technology Development Fund (TTDF) Scheme Related Links: National Deep Tech Start-Up […]

GI Tags of Himachal Pradesh

GI Tags of Himachal Pradesh

The Geographical Indication (GI) tag is a status given to a product belonging exclusively to a particular area. The quality, reputation, and any other characteristics of that particular product are generally attributed to the geographical origin of the product. The GI Tags of Himachal Pradesh are listed below. Chamba Chappal Kangra Tea Himachali Kala Zeera […]

Katchatheevu Island Issue

Katchatheevu Island Issue

Where is the Island of Katchatheevu? Historical Background Post Independence Why the Katchatheevu Island is Important? Humanitarian and Livelihood Concerns Impact on India- Sri Lanka Relations How Could the Situation be Improved? Related Links: Free Movement Regime India – Sri Lanka Relations String of Pearls Strategy Belt and Road Initiative

Polymetallic Manganese Nodules (PMN)

Polymetallic Manganese Nodules (PMN)

Polymetallic Manganese Nodules (PMN) are small potato-sized (from millimeters to tens of centimeters in diameter) lumps of material precipitated from seawater and sediment pore water at slow rates over millions of years and occur mainly on the deep seafloor. They contain approximately 24% manganese, compared to 35 to 55% manganese in land ore bodies, but […]

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