Tag: GS 3
India’s largest floating solar power project
In Context Recently, the NTPC has commissioned India’s largest floating solar power project. About The 100 MW Floating Solar Power Project has been operationalized at NTPC Ramagundam. It is endowed with advanced technology as well as environment friendly features. The floating platform consists of one Inverter, Transformer, and a HT breaker. The solar modules are […]
Purchasing Managers’ Index PMI
In News Inflation pressures dragged India’s manufacturing sector’s growth down to the lowest level in nine months, and dampened business confidence sentiment to a 27-month low in June, as per the S&P Global India Manufacturing Purchasing Managers’ Index (PMI). Purchasing Managers’ Index (PMI) About: It is an index of the prevailing direction of economic trends […]
Maritime Security
In News Recently India’s National Security Advisor (NSA) inaugurated the a first meeting of the Multi-Agency Maritime Security Group (MAMSG). About India’s National Security Adviser expressed the need of an hour to have a strong maritime system. Major points of discussion included: Mapping of existing orders and policies on maritime security to identify gaps, Review […]
Small Saving Instruments
In News The recent move of the government to keep interest rates on small savings instruments unchanged comes as a setback for small investors. About Small Savings Schemes Meaning: These are a set of savings instruments managed by the central government with an aim to encourage citizens to save regularly irrespective of their age. Higher […]
Financial Services Institutions Bureau (FSIB)
In News Recently, the government has transformed the Banks Board Bureau (BBB) into Financial Services Institutions Bureau (FSIB) by making some amendments. Major changes Guidelines for selection of general managers and directors of public sector general insurance companies have been made part of FSIB. Modifications in the Nationalised Banks (Management and Miscellaneous Provisions) Scheme of […]
Road Safety
In News The United Nations held a high-level meeting on Global Road Safety to review the progress and challenges and a new analytical series on road safety was recently published in The Lancet. Key Highlight of the report Routinely wearing helmets and seat belts, obeying speed limits, and avoiding driving drunk could save between 347,000 […]
CAPSTONE Satellite
In News Recently, NASA launched Cislunar Autonomous Positioning System Technology Operations and Navigation Experiment(CAPSTONE Satellite). About It is a microwave oven-sized CubeSat weighing just 55 pounds (25 kg). It is designed to test a unique, elliptical lunar orbit. It aims to help reduce risk for future spacecraft by validating innovative navigation technologies, and by verifying […]
‘POEM’ Platform
In Context ISRO successfully launched the PSLV Orbital Experimental Module or ‘POEM’. What is POEM? The PSLV Orbital Experimental Module (POEM) activity performs in-orbit scientific experiments using the spent PS4 stage as an orbital platform. It is the first time that the PS4 stage would orbit the earth as a stabilised platform. POEM derives the […]
Financial Stability Report (FSR)
In News Recently, the Reserve Bank of India’s (RBI) released the Financial Stability Report (FSR) which said that the Bank NPA ratios are at 6-year low. What is Non Performing Asset (NPA)? NPAs are loans or advances made by a financial institution, on which both principal or interest is unpaid for a specified period of […]
