Purchasing Manager’s Index Definition: PMI is an indicator of business activity- in the manufacturing and services sectors. Calculation of PMI It is a survey-based measure that asks the respondents about changes in their perception about key business variables as compared with the previous It is calculated separately for the manufacturing and services sectors and then […]
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National Small Savings Fund National Small Savings Fund (NSSF) in the Public Account of India was established in 1999 The Fund is administered by the Government of India, Ministry of Finance (Department of Economic Affairs) under National Small Savings Fund (Custody and Investment) Rules, 2001, framed by the President under Article 283(1) The objective of
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Financial Stability Report: RBI The FSR reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC – headed by the Governor of RBI) on risks to financial stability and the resilience of the financial The Report also discusses issues relating to development and regulation of the financial Key Points Increase
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Index of Industrial Production The Index of Industrial Production (IIP) is an index that shows the growth rates in different industry groups of the economy in a fixed period of time. It is compiled and published monthly by the National Statistical Office (NSO), Ministry of Statistics and Programme IIP is a composite indicator that measures
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Asian Development Bank (ADB) About ADB: It is a regional development bank established on 19 December 1966. headquartered — Manila, Philippines. official United Nations Observer. Membership: The bank admits the members of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP, formerly the Economic Commission for Asia and the Far East
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UN Human Rights Council About: The Human Rights Council is an inter-governmental body within the United Nations system responsible for strengthening the promotion and protection of human rights around the Formation: The Council was created by the United Nations General Assembly in 2006. It replaced the former United Nations Commission on Human The Office of
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Project Dantak Project DANTAK was established on 24th April It was a result of the visionary leadership of the third King of Bhutan and then Prime Minister of India Jawahar Lal DANTAK was tasked to construct the pioneering motorable Achievements: Road Connectivity: Over the years, the Project has completed approximately 1600 km of blacktopped roads
Coronavirus COVID-19 is a new disease, caused by a novel (or new) coronavirus that has not previously been seen in humans. Because it is a new virus, scientists are learning more each day. Although most people who have COVID-19 have mild symptoms, COVID-19 can also cause severe illness and even death. Some groups, including older
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SAFAR The System of Air Quality and Weather Forecasting And Research (SAFAR) is a national initiative introduced by the Ministry of Earth Sciences (MoES) to measure the air quality of a metropolitan city, by measuring the overall pollution level and the location-specific air quality of the The system is indigenously developed by the Indian Institute
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International North-South Transport Corridor (INSTC) It is a multi-modal transportation established on 12th September 2000 in Petersburg, by Iran, Russia and India for the purpose of promoting transportation cooperation among the Member States. The INSTC was expanded to include eleven new members, namely: the Republic of Azerbaijan, Republic of Armenia, Republic of Kazakhstan, Kyrgyz Republic,
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