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Urjit Patel Committee

urjit Patel Committee

Urjit R Patel (born 28 October 1963) is an eminent economist, consultant and banker, currently serving as Deputy Governor of the Reserve Bank of India. He was also Advisor of the Boston Consulting Group. As Deputy Governor of RBI, Dr Patel looks after Monetary Policy, Economic Policy Research, Statistics and Information Management, Deposit Insurance, Communication and Right… Read More

The Finance Commission

finance_commission

The Finance Commission of India came into existence in 1951. It was established under Article 280 of the Indian Constitution by the President of India. It was formed to define the financial relations between the centre and the state. The Finance Commission Act of 1951 states the terms of qualification, appointment and disqualification, the term, eligibility and powers of the Finance Commission.… Read More

Ebola virus

Ebola virus

Ebola virus (EBOV) is the sole member of the Zaireebolavirus species, and the most dangerous of the five known viruses within the genus Ebola virus. Four of the five known ebolaviruses cause a severe and often fatal hemorrhagic feverin humans and other mammals, known as Ebola virus disease. The virus and its species were both originally named for Zaire (now theDemocratic Republic of Congo), the country… Read More

Financial inclusion

Financial inclusion

Financial inclusion or inclusive financing is the delivery of financial services at affordable costs to sections of disadvantaged and low-income segments of society, in contrast to financial exclusion where those services are not available or affordable. A, B, C of Financial Inclusion: Advice, Banking & Credit There are 4 pillars of Financial Inclusion: A pure savings product with inbuilt overdraft facility… Read More

RuPay

RuPay

RuPay is an Indian domestic card scheme conceived and launched by the National Payments Corporation of India (NPCI). It was created to fulfill the Reserve Bank of India’s desire to have a domestic, open loop, and multilateral system of payments in India. RuPay facilitates electronic payment at all Indian banks and financial institutions, and competes with MasterCard and Visa in India. NPCI maintains ties with Discover Financial to enable the… Read More

The United Nations Environment Programme (UNEP)

UNEP

The United Nations Environment Programme (UNEP) is an agency of the United Nations that coordinates its environmental activities, assisting developing countries in implementing environmentally sound policies and practices. It was founded as a result of the United Nations Conference on the Human Environment in June 1972 and has its headquarters in the Gigiri neighbourhood of Nairobi, Kenya. UNEP also has six regional offices and various… Read More

The caste system in India

Caste_system

The caste system in India is a system of social stratification, which is now also used as a basis for affirmative action. Historically, it separated communities into thousands  of  endogamous hereditary groups called Jātis, which is synonymous with caste in contemporary usage. The Jātis were grouped by the Brahminical texts into four categories or varnas: Brahmins,  Kshatriyas, Vaishyas  and Shudras. Certain groups, now known as “Dalits”, were excluded from… Read More

The National Security Council (NSC)

National Security Council (NSC)

The National Security Council (NSC) of India is the apex agency looking into the country’s political, economic, energy and strategic security concerns. It was established by the Atal Bihari Vajpayee government on 19 November 1998, with Brajesh Mishra as the first National Security Adviser. Prior to the formation of the NSC, these activities were overseen by the Principal Secretaryto the Prime Minister.… Read More

Organisation of Islamic Cooperation (OIC)

OIC

The Organization of Islamic Cooperation (OIC) is the second largest inter-governmental organization after the United Nations which has membership of 57 states spread over four continents. The Organization is the collective voice of the Muslim world and ensuring to safeguard and protect the interests of the Muslim world in the spirit of promoting international peace and… Read More

The Israeli–Palestinian conflict

The Israeli–Palestinian

The Israeli–Palestinian conflict is the ongoing struggle between Israelis and Palestinians that began in the mid-20th century and now into the 21st century. The conflict is wide-ranging, and the term is sometimes also used in reference to the earlier sectarian conflict in Mandatory Palestine, between the Zionist yishuv and the Arab population under British rule. The Israeli–Palestinian conflict has formed the core part of the wider Arab–Israeli… Read More

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