Indian Economy

Atal Innovation Mission (AIM) is a flagship initiative of NITI Aayog, established to promote innovation and entrepreneurship through initiatives such as Atal Tinkering Labs.

An expansionary monetary policy tends to increase liquidity and stimulate demand, so it is not normally used to support a weakening rupee. Measures such as controlling non-essential imports and encouraging capital inflows can help reduce pressure on the currency.

Animal husbandry deals with the scientific management of domestic animals, including their feeding, breeding, shelter and health. Dairy science is a more specialized field concerned mainly with milk production and processing.

Absolute poverty refers to a condition in which income or consumption is insufficient to meet a socially defined minimum level of basic needs. Relative poverty instead compares living standards within a society.

Milkha Singh was the first athlete to receive the Padma Shri, in 1959, for his outstanding contribution to Indian athletics.

The National Academy of Agricultural Research Management (NAARM) is located in Hyderabad, Telangana. It provides training and management development for agricultural research and education.

The Planning Commission was established by a Government of India resolution on 15 March 1950. It was replaced by NITI Aayog in 2015.

India’s Green Revolution primarily aimed to raise the production of food grains, especially wheat and rice, through HYV seeds, irrigation, fertilizers and improved farm technology.

The first Regional Rural Banks (RRBs) were established in 1975 under the Regional Rural Banks Ordinance. The first five RRBs were launched to serve rural credit needs.

Karnataka is India’s leading coffee-producing state, accounting for the largest share of national coffee output. Its major coffee regions include Kodagu, Chikkamagaluru and Hassan.

AGMARK is the quality certification/grade-marking system for agricultural and allied products in India. It operates under the Agricultural Produce (Grading and Marking) Act, 1937.

The headquarters of NABARD is in Mumbai. NABARD was established in 1982 under an Act of Parliament to support agriculture and rural development finance.

The Green Revolution in India is chiefly associated with high-yielding varieties of wheat and rice, supported by irrigation, fertilizers and modern farm technology. Its major expansion occurred during the 1960s.

The Indira Gandhi Canal is India’s longest irrigation canal. It carries water from the Sutlej-Beas system towards the arid regions of northwestern Rajasthan.

The United States is the leading natural-gas producer in the world in modern production statistics. The country’s shale-gas revolution greatly increased output.

The currency of the United Arab Emirates is the dirham (AED), divided into 100 fils.

The Economic Survey of India is published by the Ministry of Finance, normally tabled in Parliament shortly before the Union Budget.

Andhra Pradesh is among India’s leading egg-producing states and has a major poultry industry.

Mandovi is the river associated with Goa’s principal riverine setting; the Mandovi flows through Panaji before entering the Arabian Sea.

Joule is the SI unit of energy. One joule is equal to one newton-metre.