Author: IAS Current Affairs

Monetary Policy Committee

Finance Minister announced Monetary Policy Committee expected to bring value and transparency to rate-setting decisions.   The Government amended the RBI Act to hand over the job of monetary policy-making in…

Five Year Plans

The Indian economy has been premised on the concept of planning. This has been carried through the Five Year Plans, developed, executed, and monitored by the Planning Commission. With the Prime…

Types of Mountains

Earth consist of large number of mountains. Large portion of earth’s surface is make up with mountains. The mountains are classified into four according to the mode of formation. Various…