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Very important term’s For Afo RBI Gr B and NABARD Gr A examination.

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AYUSH stands for Ayurveda, Yoga, Unani, Naturopathy, Siddha and Homeopathy, is an acronym devised in 2003 to change the name of the Department of Indian Systems of Medicine and Homoeopathy (ISM & H)
✓ In the last four years the Ministry of AYUSH has taken several initiatives to promote Ayurveda industry and striving to link it with Prime Minister Narendera Modi’s revolutionary programs like ‘Start up India’, ‘Make in India’, ‘Invest in India’ and ‘Digital India.agrilearner

IORA
• The Indian Ocean Rim Association (IORA) is an international organisation consisting of coastal states
bordering the Indian Ocean
• The IORA is a regional forum, bringing together representatives of Government, Business and Academia,for promoting co-operation and closer interaction among them
• It is based on the principles of Open Regionalism for strengthening Economic Cooperation particularly on Trade Facilitation and Investment, Promotion as well as Social Development of the region
• The Coordinating Secretariat of IORA is located at Ebene, Mauritius
• IORA’s apex body is the Council of Foreign Ministers (COM) which meets annually.agrilearner

FICCI
▪ The Federation of Indian Chambers of Commerce and Industry (FICCI) is an association of business
organizations
▪ It was established in 1927 and is the largest, oldest and the apex business organization in India
▪ It is a non-government, not-for-profit organization
▪ FICCI draws its membership from the corporate sector, both private and public, including SMEs and MNCs. agrilearner

The International Solar Alliance (ISA)
• The International Solar Alliance (ISA) was unveiled by Prime Minister Narendra Modi and then French
President Francois Hollande at the U.N. Climate Change Conference in Paris on November 30, 2015
• ISA is headquartered at the National Institute of Solar Energy (NISE) in Gurugram, India
• ISA has set a target of 1 TW of solar energy by 2030 agrilearner
• India plays a significant role in the alliance in terms of being a host as well as a major contributor to the
achievement of the target and also ISA is the first international body that will have a secretariat in India
• India has set a target for itself to produce 100 GW of solar energy by 2022, would account for a tenth of
ISA’s goal.agrilearner

What is PCR?
• A public credit registry is an information repository that collates all loan information of individuals and
corporate borrowers
• A credit repository helps banks distinguish between a bad and a good borrower and accordingly offer attractive interest rates to good borrowers and higher interest rates to bad borrowers
• PCR is aimed at addressing issues such as information asymmetry, improve access to credit and strengthen the credit culture among consumers
• It can also address the bad loan problem staring at banks, as corporate debtors will not be able to borrow across banks without disclosing existing debt

• A PCR may also help raise India’s rank in the global ease of doing business index.agrilearner

Pradhan Mantri Fasal Bima Yojana replaced the National Agriculture Insurance Scheme of 1999 and  the Modified National Agriculture Insurance Scheme of 2010-11. agrilearner
❖ The premium rates to be paid by farmers are very low and the balance premium will be paid by the
government to provide full insured amount to the farmers against crop loss on account of natural
calamities. agrilearner
❖ There is no upper limit on government subsidy. Even if balance premium is 90 per cent , it will be borne by the government. agrilearner

👉❖ National Initiative on Climate Resilient Agriculture (NICRA) .agrilearner App. was launched
during February 2011 by Indian Council of Agricultural Research (ICAR) with
the funding from Ministry of Agriculture.
❖ It also has a component for demonstrating climate-coping technologies to
farmers on their fields in 100 most vulnerable districts.

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