The Index of Economic Freedom is an annual index which measures the degree of economic freedom in various nations of the world. The index was created by The Heritage Foundation and The Wall Street Journal in 1995. The index is based on the approach that the “greater liberty to individuals to pursue their own economic... Continued.
What is Most Favoured Nation (MFN) status? Country conferred most favored nation status is given specific trade advantages; for instance reduced tariffs on imported goods. WTO recommends that all the member nations should confer MFN status to each other. A country grants this status to another country if it is interested in increasing trade with... Continued.
The Hague Convention on the Civil Aspects of International Child Abduction (also known as Hague Abduction Convention or Hague Convention) is a multilateral treaty. The Convention was drafted to ensure the prompt return of children who have been abducted from their country of habitual residence or wrongfully retained in the territory of any contracting party... Continued.
What is American Government Shutdown (American Shutdown)? A government shutdown is a situation in America when non – essential discretionary federal services are closed down due to lack of funds. The shutdown occurs when Congress (American Legislature) does not appropriate funds. Congress does not appropriate funds when it does not agree with the demands made... Continued.
The Energy transition index (ETI) is an annual index released by World Economic Forum (WEF). The index ranks countries on how well they are able to balance energy security and access with environmental sustainability and affordability. The index considers both the current state of each countries’ energy system and its ‘transition readiness’ to adapt to... Continued.
On 14 February 2019, 78 vehicles convoy was transporting more than 2,500 Central Reserve Police Force (CRPF) personnel from Jammu to Srinagar. The convoy left Jammu early morning and was scheduled to reach its destination before sunset. At Lethpora (near Awantipora) in Pulwama district, a car carrying explosives rammed into a bus carrying security personnel.... Continued.
Global Peace Index (GPI) measures peacefulness and assigns ranks to 163 independent states and territories. GPI covers 99.7 per cent of the world’s population. GPI also provides trends of violence and peace. The index is released on annual basis by Australia-based Institute for Economics and Peace (IEP). The IEP is world’s leading think tank that... Continued.
What is Budget? The Union Budget of India, also referred to as the Annual Financial Statement in the Article 112 of the Constitution of India, is the annual budget of the Republic of India. The Government presents it on the first day of February so that it could be materialized before the commencement of new... Continued.
103th amendment act for 10% reservation to Economically weaker section 124th Constitution Amendment Bill became 103rd amendment act to the constitution after assent by the President. The act provides for 10 per cent reservation for economically weaker sections of upper castes in government jobs and educational institutions. Who will benefit from this? Economically backward upper... Continued.
A carbon footprint is defined as the sum total of greenhouse gases produced from various activities. It is expressed in tonnes of carbon dioxide (CO2). The carbon footprints are usually calculated for a nation or an entity such as an individual or an organisation for a certain time period, such as a year.Sustainable Development 129... Continued.