GS paper 3

Wholesale Price Index (WPI) Latest Data in 2024

Wholesale Price Index Latest Data in 2024 Wholesale price inflation rose to a 3-month high of 0.53% in March 2024, compared to 0.2% in February 2024. Aspect Details Food Price Spike The increase was driven by a rise in the...

Unemployment Rate in India, Current Rate is 8% February 2024

A recent report released by the International Labour Organization (ILO) and the Institute for Human Development (IHD) revealed that two out of every three unemployed individuals was a young graduate. Unemployment Rate in India: CMIE India continues to grapple with...

Central Board of Direct Taxes (CBDT), Functions, Structure

The Election Commission has directed the CBDT to verify any mismatch in the information provided in the affidavit filed by Union Minister and BJP candidate Rajeev Chandrasekhar as he contests from Thiruvananthapuram. CBDT Released key Direct Tax Statistics through Time-Series...

Repo Rate and Reverse Repo Rate, Definition and its Impact on Economy

The Monetary Policy Committee has opted to maintain the policy repo rate at 6.50% (7th time) under the liquidity adjustment facility (LAF) without any change. The MPC plans to continue its strategy of withdrawing monetary accommodation to align inflation with...

Money Market, Concept, Objectives, Types, Instruments, Structure

Money Market Money Markets refer to the segment of the financial market where short-term borrowing and lending of funds take place. It primarily deals with highly liquid and low-risk instruments that have maturities typically ranging from overnight to one year....

RBI Monetary Policy Committee Meetings Highlights for FY25

In the first Monetary Policy Committee (MPC) meeting of the Financial Year (FY) 2024-25, the Reserve Bank of India's (RBI) Governor, Shaktikanta Das, announced that the repo rate remains unchanged at 6.5 per cent. This marks the central bank's decision...

Appiko Movement History, Background Objective and Result

One of India's forest-based environmental initiatives is the Appiko Movement. The Western Ghats region of Karnataka's Uttara Kanada was the scene of the protest. The movement's premise is that the forest department had for several decades promoted teak monoculture plantations...

Per Capita Income of India, Calculation Methods and State-wise Data

What is Per Capita Income of India? Per Capita Income of India is a measure of the average income earned by an individual in India within one year. The Per Capita Income of India is calculated by dividing the National...

List of National Parks in India 2024, State-wise list PDF

India is a nation with a wide variety of species. We have a wide variety of plants and animals. The Indo-Himalayan eco-zone contains roughly 6.2 percent reptiles, 7.6 per cent mammals, 6.0 percent flowering plants, and 12.6 percent bird species....

Manas National Park World Heritage Site by UNESCO, History

Manas biosphere reserve, is an elephant sanctuary, a Project Tiger reserve, and a UNESCO World Heritage Site. It is situated in Assam, at the base of the Himalayas. It shares a border with Bhutan's Royal Manas National Park. The Manas...