Small finance bank ✓Small Finance Banks are the financial institutions which provide financial services to the unserved and unbanked region of the country. ✓They are registered as a public limited company under the Companies Act, 2013. Objective ✓Access to financial services: The main ...

MISSION SAGAR - IV □ WHY IN NEWS ? As part of Mission Sagar-IV, Indian Naval Ship Jalashwa has arrived at Port Anjouan, Comoros to deliver 1,000 Metric Tonnes of rice. □ ABOUT :- ◇ SAGAR is a term coined by PM Modi in 2015 during his Mauritius visit with a focus on the blue economy. ...

TAPAS Initiative ✅Ministry for Social Justice and Empowerment has launched an online portal TAPAS (Training for Augmenting Productivity and Services). ✅It offers various courses in the field of social defence for the capacity building of stakeholders. It is an initiative of National ...

ID-Art’ App: by Interpol ✓‘ID-Art’ App aims to help identify the stolen cultural property, and reduce smuggling. The app will also increase the possibility of recovering stolen works and artefacts. Key Features of the App: ✓INTERPOL’s database: The app enables users to get mobile access ...

REPUBLIC Topic---Preamble ◇ A democratic polity can be classified into two categories– monarchy and republic. In a monarchy, the head of the state (usually king or queen) enjoys a hereditary position, that is, he comes into office through succession, e.g., Britain. ◇ In a republic, on the ...

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 ...