World Bank Group
World Bank Group is a partnership of five institutions working for sustainable solutions that reduce poverty and build prosperity.
Public Distribution System (PDS)
Mains PYQs Qn 1. What are the major challenges of the Public Distribution System (PDS) in India? How can it be made effective and transparent? (2022) Public Distribution System – An Overview Qn 1. What are the major challenges of the Public Distribution System (PDS) in India? How can it be made effective and transparent?
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State of Indian Economy
Long term challenges Heavy population pressure Huge dependence of population on agriculture The existence of chronic unemployment and under-employment Poor Quality of Human Capital Inequality in wealth distribution Lack of access to basic amenities Low per capita income Slow improvement in Rate of Capital Formation Low level of technology Under-utilization of natural resources Lack of
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BRICS and New Development Bank
Established in 2015 by BRICS countries, the New Development Bank is a multilateral development bank aimed at mobilising resources for infrastructure and sustainable development projects in BRICS and other EMDCs.
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Tariff war
A tariff war is an economic conflict in which each country levies an additional tax on the other’s exports. Resulting in trade wars which might impact global trade.
Geographical Indication & Intellectual Property Rights
A Geographical Indication (GI) is a tag used on products that originate from a specific geographical area and have qualities or a reputation that are characteristic of that region.
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8th Pay Commission
The Union government has approved the setting up of the 8th Pay Commission, and its Chairman and members will be appointed soon. The Union government announced the constitution of the 8th Pay Commission to revise the salaries of nearly 50 lakh central government employees and allowances of 65 lakh pensioners. Union minister Ashwini Vaishnaw said the
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Pashmina, the ‘Soft Gold’
Pashmina, often referred to as “soft gold,” has been a symbol of luxury and prestige since the Mughal era. This fabric holds significant cultural importance in Kashmir.
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