OBJECTIVE IAS

Kriyaa Hi Vastoopahutaa Praseedati

Andaman & Nicobar Islands: Vegetation and Biodiversity

The islands extend from 6° to 14° North latitudes and from 92° to 94° East longitudes. The Andamans are separated from the Nicobar group by a channel (the Ten Degree Channel) some 150 km (93 mi) wide. There are 572… Continue Reading →

Off-budget Financing

This refers to expenditure that’s not funded through the budget. For example, the government sets up a special purpose vehicle (SPV) to construct a bridge. The SPV will likely borrow money to build the bridge on the strength of a… Continue Reading →

National Supercomputing Mission

World-wide supercomputing facilities have enabled countries in their S&T capabilities in areas such as designing vehicles, aeroplanes, massive structures like high rise buildings and bridges, infrastructure, discovery of new life saving drugs, discovery and extraction of new energy sources including… Continue Reading →

Forex Swap and RBI: Benefits and Challenges

Recently The Reserve Bank of India (RBI) has decided to inject rupee liquidity into the system through long-term foreign exchange buy/sell swap — a first-of-its-kind instrument used for liquidity management. Forex swap is different from currency swap where two parties… Continue Reading →

El-Nino and Indian Monsoon

El Nino, means ‘little boy’ in Spanish. It is a weather system which re-emerges after a gap of about two to five years in the Pacific Ocean and its effects last for about 12 months on an average. El Nino… Continue Reading →

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