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About: Maharatna Scheme Maharatna scheme was introduced by the Government of India for Central Public Sector Enterprises (CPSEs) in May, 2010.Objective: To empower mega CPSEs to expand their operations and emerge as global giants.Under the scheme, a CPSE is accorded the status of “Maharatna” company when it meets certain eligibility criteria.Concerned Department: Department of Public
About: Credit Rating Agencies A credit rating agency is a company that assesses the financial strength of sovereign companies and government entities, especially their ability to meet principal and interest payments on their debts. The rating assigned to a given debt shows an agency’s level of confidence that the borrower will honour its debt obligations
Explained: The Taliban war chest In News: After recapturing Kabul, the capital of Afghanistan, the Taliban have taken control over most of the country, as well as any weapon and equipment left behind by fleeing Afghan forces. What’s in today’s article: Taliban’s revenues Sources of revenue, including Drug trade, Mining and Donations Mlitary assets News
About: The Somnath or the Deo Patan Temple About: It is located in Veraval (Saurashtra) on the western coast of Gujarat, India. It is believed to be the first among the twelve Jyotirlinga shrines of Lord Shiva, and is an important pilgrimage and tourist spot of Gujarat. It was reconstructed several times in the past after repeated destruction by several
About Quit India Movement: The Quit India Movement started on August 9, 1942, and set in motion a chain of events over the following five years, which finally led to the end of the British rule in India. Also known as the August Kranti, the mass civil disobedience movement is considered to be one of
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