Bank Deposit Insurance Programme •Guaranteed Time-bound Deposit Insurance Payment up to ₹5 Lakh’. •The bank savings are insured under the Deposit Insurance and Credit Guarantee Corporation (DICGC) Act providing full coverage to around 98 per cent of bank accounts. •Earlier, account ...

ALFONSO DE ALBUQUERQUE •Real founder of the Portuguese power in the East.  •His Policy was of dominating entire oriental commerce by setting up forts in strategic places in Asia and Africa supplemented by a strong navy. • Introduced permit system for other ships and control over ship ...

Dhara Initiative The unique and flagship initiative “Dhara: Ode to Indian Knowledge Systems”, taken up under the aegis of Azadi Ka Amrit Mahotsav by the Ministry of Culture has completed one year in February 2023. ✅The Indian Knowledge Systems (IKS) Division of the Ministry of Education ...

KOLLERU LAKE. ◇ Kolleru Lake is one of the largest freshwater lakes in India located in state of Andhra Pradesh and forms the largest shallow freshwater lake in Asia, ◇ Kolleru spans into two districts Krishna and West Godavari. ◇The lake is fed directly by water from the seasonal ...

ROOPKUND LAKE ◇ Roopkund (locally known as Mystery Lake or Skeletons Lake) is a high altitude glacial lake in the Uttarakhand state of India. ◇ It lies in the lap of Trishul massif. ◇ Located in the Himalayas, the area around the lake is uninhabited and is roughly at an altitude of 16,470 ...

PUSHKAR LAKE ◇ Pushkar Lake or Pushkar Sarovar is located in the town of Pushkar in Ajmer district of the Rajasthan state of western India. ◇ Pushkar Lake is a sacred lake of the Hindus. ◇ The Hindu scriptures describe it as "Tirtha-Guru" – the perceptor of pilgrimage sites related to a ...

SWARAN SINGH COMMITTEE. 1. In 1976, Congress Party set up the Sardar Swaran Singh Committee to make recommendations about fundamental duties, the need felt during the operation of the internal emergency (1975–1977). 2. The committee recommended the inclusion of a separate chapter on ...

Unified Licensing Portal The Central Bureau of Narcotics has launched a unified portal aimed at streamlining the licensing and authorization process for the pharma and chemical industry in India. ✅ The portal has been developed with the goal of instilling efficiency, transparency, and ...

National Green Hydrogen Mission • The National Green Hydrogen Mission was first announced by the Prime Minister in his Independence Day speech in 2021. • The initial outlay includes ◦ ₹17,490 crore for the Strategic Interventions for Green Hydrogen Transition Programme (SIGHT); ◦ ...

Exploration of Coal and Lignite Scheme ✓Ministry of Coal has approved a plan called the “Exploration of Coal and Lignite Scheme” with an estimated expenditure of ₹2,980 crore. ✓Aim: The scheme aims to explore and estimate coal resources in the country, facilitating the preparation of ...

Core sector ✓The core sector in India consists of eight industries that have a major impact on the overall economic and industrial activities. ✓They are coal, crude oil, natural gas, refinery products, fertilizers, steel, cement and electricity. ✓These industries have a combined weight of ...

Prohibition of Employment as Manual Scavengers and their Rehabilitation Act 2013: ✅It bans manual scavenging. It widened the definition of manual scavengers by including it in all forms of manual removal of human excreta. ✅It lays a key focus on rehabilitating the manual scavengers by ...