LIBERTY Topic---Preamble ◇ The term liberty means the absence of restraints on the activities of individuals, and at the same time, providing opportunities for the development of individual personalties. ◇ The Preamble secures to all citizens of India liberty of thought, expression ...

JUSTICE Topic -- Preamble ◇ The term Justice in the Preamble embraces three distinct forms social, economic and political, secured through various provisions of Fundamental Rights and Directive Principles. ◇ Social justice denotes the equal treatment of all citizens without any social ...

Banks board bureau ∆The Banks Board Bureau (BBB) has its genesis in the recommendations of ‘The Committee to Review Governance of Boards of Banks in India, May 2014 (Chairman - P. J. Nayak)’. ∆Formation: The government, in 2016, approved the constitution of the BBB as a body of eminent ...

BOMBAY PLAN  Agreements: ✓Basic agreement on the issue of the agrarian restructuring—abolition of all intermediaries, minimum wages, guarantee of minimum or fair prices for agricultural products, cooperatives, credit and marketing support. ✓Agreement on rapid industrialisation for which ...

BOMBAY PLAN ✓The Bombay Plan was the popular title of ‘A Plan of Economic Development for India’, which was prepared by a cross-section of India’s leading capitalists. ✓The eight capitalists involved in this plan were Purshotamdas Takurdas, J.R.D. Tata, G.D. Birla, Lala Sri Ram, Kasturbhai ...

Positive Pay System Mechanism ✓It is a fraud detection tool adopted by banks to protect customers against forged, altered or counterfeit cheques. ✓It cross verifies all details of the issued cheque before funds are encashed by the beneficiary. ✓The concept of Positive Pay involves a ...

MAGNETIC FIELD OF OTHER SOLAR SYSTEM OBJECTS ◇ Mercury - Mercury's magnetic field is approximately a magnetic dipole (meaning the field has two poles) and is just 1.1% that of Earth's magnetic field.  It’s proximity to the sun makes it next to impossible to sustain an atmosphere. ◇ Mars ...

🔘GROSS ENVIRONMENT PRODUCT The Uttarakhand government recently announced it will initiate valuation of its natural resources in the form of ‘Gross Environment Product’ (GEP). BENEFITS OF INTEGRATING GEP IN THE ACCOUNTING SYSTEM ∆It is a better way to measure the status of ecosystem and ...

Shoonya Campaign ✓NITI Aayog and Rocky Mountain Institute (RMI) and RMI India have launched the Shoonya Campaign. RMI is an independent nonprofit organization founded in 1982. ✓It is an initiative to promote zero-pollution delivery vehicles by working with consumers and industry. ✓The ...

GEOMAGNETIC STORMS ◇ The varying conditions in the magnetosphere, known as space weather, are largely driven by solar activity. ◇ If the solar wind is weak, the magnetosphere expands; while if it is strong, it compresses the magnetosphere and more of it gets in. ◇ Periods of intense ...