GS paper 3

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...

Structure of Indian Financial System, Components, Functions

The Indian financial system is a complex network of financial institutions, markets, instruments, and services that facilitate the flow of funds between savers and investors. It comprises various entities such as banks, non-banking financial companies (NBFCs), insurance companies, stock exchanges,...

Non Performing Assets (NPA), Definition, Types, Examples

Context: Care Ratings forecasted that GNPAs are expected to be between 2.5-2.7% in FY24 and further improve to 2.1-2.4% by FY25 end. Important Facts Historical Trend: GNPAs significantly increased from 3.8% in FY14 to 11.2% in FY18 due to stricter...

Forex Reserve, Meaning, Importance, Components, Advantages

India's foreign exchange reserves have witnessed a remarkable surge, reaching an impressive $642.63 billion as of March 22, marking the fifth consecutive weekly increase. This surge, amounting to $140 million for the reporting week, comes as a significant boon amidst...

ISRO Chairman List From 1963 to 2024, Get Complete Details

One of the top space research organisations in the world is ISRO. Current ISRO Chairman is S. Somanath and his full name is Sreedhara Panicker Somanath. The ISRO Chairman List and other significant information will be covered in this blog....

Inflation, Definition, Causes, Impacts, Inflation Rate in India

Context: RBI said core inflation is falling but food price fluctuations are affecting the RBI's monetary policy and their 4% target. Vegetable price drops during winter were minimal and temporary, with cereal, meat, and fish prices experiencing increases. What is...

Ocean Warming, Issues, Impact and Measures to be Taken

Context The Copernicus Climate Change Service (C3S) reported that February 2024 saw the highest-ever recorded average global sea surface temperature (SST) of 21.06°C, surpassing the previous record of 20.98°C set in August 2023. This unprecedented increase is part of a...

Reserve Bank of India (RBI), History, Function and Act

Reserve Bank of India The Reserve Bank of India (RBI) is India's central bank and a key financial institution responsible for maintaining monetary stability and ensuring the soundness of the country's financial system. Established in the mid-1930s, the RBI functions...