Category: Daily News Updates

The Monetary Policy Committee (MPC) is a committee of the Central Bank in India (Reserve Bank of India), headed by its Governor, which is entrusted with the task of fixing the benchmark policy interest rate (repo rate) to contain inflation within the specified target level i.e. inflation targeting. The Reserve Bank of India Act, 1934… Continue reading What is Monetary Policy Committee (MPC) and inflation targeting?

DNA, or deoxyribonucleic acid, is the hereditary material in humans and almost all other organisms. Nearly every cell in a person’s body has the same DNA. Most DNA is located in the cell nucleus (where it is called nuclear DNA), but a small amount of DNA can also be found in the mitochondria (where it… Continue reading What is DNA?

What is Paris Agreement? It is an agreement within the UNFCCC dealing with greenhouse gas emissions mitigation, adaptation and finance starting in the year 2020. The Paris Accord is considered as a turning point for global climate policy. Aims: The central aim is to strengthen the global response to the threat of climate change by… Continue reading What is Paris Agreement?

What is an antibiotic? An antibiotic is a substance used to kill bacteria. Say for instance, our guts are full of bacteria. Some are good, and some are bad. Once someone takes an antibiotic, it clears the gut of most bacteria, including the good kind. But some resistant bacteria remain and develop resistance to the… Continue reading What is Antibiotic Resistance?

The  s Multidimensional Poverty Index (MPI)  is the product of two numbers: the Headcount H or percentage of people who are poor and the average intensity of deprivation A – which reflects the proportion of dimensions in which households are, on average deprived. The criterion for someone to be declared as deprived as per MPI… Continue reading What is Multidimensional Poverty Index (MPI)?