by Team Spectrum Books | Dec 11, 2022 | Economy
Mustard (botanical name Brassica juncea) is grown around 6–7 million hectares in India. It is majorly grown in Haryana, Rajasthan, Punjab, and Madhya Pradesh. In 2017, the Genetic Engineering Appraisal Committee (GEAC), India’s biotech regulator under the Ministry of...
by Team Spectrum Books | Nov 23, 2022 | Economy
The agriculture ministry approved on November 4, 2022, the setting up of 100 fodder-centric Farmer Producer Organisations (FPOs) during 2022–23 to address the fodder issues in the country. The Ministry of Fisheries, Animal Husbandry, and Dairying had proposed in 2020...
by Team Spectrum Books | Nov 11, 2022 | Economy
The Reserve Bank of India released new guidelines on digital lending on September 02, 2022, to ensure transparent, easy, and reliable digital lending. The guidelines shall be applicable to both existing consumers availing of fresh loans and new ones. The RBI has given...
by Team Spectrum Books | Nov 5, 2022 | Economy
Prime Minister of India, Narendra Modi, launched 5G services in India on October 1, 2022, along with indigenous 5G Non-Standalone (NSA) Core, developed by the Centre for Development of Telematics (C-DOT), an independent Indian government-owned telecommunications...
by Team Spectrum Books | Oct 17, 2022 | Economy
Context India has become the fifth largest economy in the world, overtaking the United Kingdom (UK), in the last quarter ending March (January-March, i.e., Q4) of the financial year (FY) 2021–22, according to a report of the International Monetary Fund (IMF) released...
by Team Spectrum Books | Sep 19, 2022 | Economy
The term ‘soft landing’ is derived from the aviation industry where it is applied to the landings of an aircraft, hot-air balloon, gliders, or even spacecraft. This term was widely used during the tenure of former chair of the Federal Reserve, Alan Greenspan. The...