The Reserve Bank of India (RBI), is the Central Bank of the country. The Functions of RBI include the regulation and function of the Indian Banking System. RBI, also called the Monetary Authority of India, was set up on the recommendation of the Hilton Young Commission. The statutory status … [Read more...] about Functions of RBI
Indian Financial System
The Indian Financial System plays a vital role in the Indian Economy. It has several components that are explained in detail in this article. In India, there are primarily two types of financial institutions: Banks and Non-Banking Financial Institutions (NBFIs). The main distinction between a … [Read more...] about Indian Financial System
Administration of Scheduled Areas and Tribal Areas (Article 244)
Article 244 of the Indian constitution deals with the administration of Scheduled Area and Tribal Areas. Scheduled areas and Tribal areas are mentioned in the fifth and sixth schedules of the constitution. Difference Between Scheduled Areas and Tribal Areas Both the terms are different and … [Read more...] about Administration of Scheduled Areas and Tribal Areas (Article 244)
Tsunami: Everything You Need to Know
The word tsunami comes from the Japanese words "tsu" for harbour and "nami" for wave. Based on the High-Powered Committee on Disaster Management's report (2001), the term "tsunami" refers to an ocean wave that is caused by an ocean event, such as an earthquake, landslide, or volcanic … [Read more...] about Tsunami: Everything You Need to Know
Natural Hazards and Disasters
Sustainable growth is severely hampered by the human and material losses brought on by Natural Hazards and Disasters. Lives and property can be protected by releasing precise forecasts and warnings in a simple-to-understand manner and by educating people on how to prepare for such hazards before … [Read more...] about Natural Hazards and Disasters
Types of Unemployment
Unemployment means when someone actively searches for work but is unsuccessful. Different types of unemployment are explained in this article. Unemployment is a major economic criterion for defining a nation's economic health because it shows the capability (or incapability) of healthy, educated, … [Read more...] about Types of Unemployment
Gandhi and Ambedkar: Ideological Differences and Similarities
What are the ideological similarities and differences between Gandhi and Ambedkar? Mohandas Karamchand Gandhi also known as the ‘Father of the Nation’, was the main architect of the Indian freedom struggle, and B.R. Ambedkar was the main architect of the Constitution of independent India. Both … [Read more...] about Gandhi and Ambedkar: Ideological Differences and Similarities
Organic Farming
Organic Farming is a form of agriculture that relies on techniques that helps in raising crops with keeping the soil alive and in good health. Sikkim becomes the first truly organic state of India in 2016. However, area-wise among all states, Madhya Pradesh has the largest area under organic … [Read more...] about Organic Farming
Operation Megh Chakra: CBI Initiative to Fight Against CSAM
The Central Bureau of Investigation (CBI) carried out searches Operation with the code name 'Megh Chakra', in 21 states/Union Territory in relation to the sharing and dissemination of Child Sexual Abuse Material (CSAM) online. CBI launched operation Megh Chakra after receiving intelligence from … [Read more...] about Operation Megh Chakra: CBI Initiative to Fight Against CSAM
Deputy Speaker of Lok Sabha
Under the terms of the Government of India Act of 1919 (Montague-Chelmsford Reforms), the speaker and deputy speaker institutions were first established in India in 1921. Back then, the position was called President and Deputy President respectively. The Government of India Act of 1935 Changed … [Read more...] about Deputy Speaker of Lok Sabha
