Istanbul Convention: Poland to leave European treaty on violence against women

News: Poland has decided to withdraw from Istanbul Convention- a treaty aimed at preventing violence against women. Facts: Istanbul Convention: It is also known as the Council of Europe convention on combating and preventing violence against women and domestic violence. When was the convention adopted? It was adopted by the Council of Europe Committee of… Continue reading Istanbul Convention: Poland to leave European treaty on violence against women

Financial Management Index for Rural Development Programmes

News: The Union Minister of Rural Development has released the “Financial Management Index for Rural Development Programmes”. Facts: Aim: To rank states on efficient management of financial resources allocated for implementing rural development programmes. Parameters: The index will rank the States on the basis of following parameters: Preparation of annual plan and projecting the requirement… Continue reading Financial Management Index for Rural Development Programmes

RBI signs $400 mn currency swap with Sri Lanka

News: The Reserve Bank of India(RBI) has signed a $400-million currency swap facility with Sri Lanka under the SAARC Currency Swap Framework 2019-22. Facts: Currency Swap: The term Swap means exchange.Under this, a country provides dollars to a foreign central bank which at the same time provides the equivalent funds in its currency to the… Continue reading RBI signs $400 mn currency swap with Sri Lanka

India’s first trans-shipment hub – Vallarpadam Terminal

News: Minister of State for Shipping has reviewed the development activities of India’s first trans-shipment hub – Vallarpadam Terminal. Facts: Vallarpadam Terminal: It is a part of the Cochin Port in Kochi, Kerala located on Vallarpadam Island. The terminal is proposed to be developed as the most preferred gateway for South India and leading trans-shipment… Continue reading India’s first trans-shipment hub – Vallarpadam Terminal

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