Economy

Banking regulation act amended the term of Board of Directors of Cooperative bank for how much period

10 years

Cooperative Election Authority and National Cooperative Organics Limited has been set up from which act

Multi-State Cooperative Societies act, 2002

Who issues guidelines for Risk Based Internal Audit for Urban Cooperative Societies

RBI

Turn Around Plan

NABARD has implemented the Turn Around Plan (TAP) to improve the financial performance and prevent/reduce losses in State Cooperative Banks (StCBs) and District Central Cooperative Banks (DCBs).

TAP aims to reduce financial losses and

National Cooperative Organics Limited

under the Multi-State Co-operative Societies Act, 2002

The organic products of NCOL are sold under the brand name "Bharat Organics".

NCOL has so far launched 27 organic products across key categories including pulses, rice, flours, dry fruits and sweeteners.

A total of 181 Cooperative Societies from the North Eastern States have become members of NCOL. Further, NCOL has signed MoUs with the nodal agencies of all North Eastern States

About fisheries sector

Ranked the second-largest aquaculture producer globally

India accounts for about 8% of global fish production.

The United States remains the largest destination

The export mix continues to be dominated by frozen shrimp

The Sanitary Import Permit (SIP) system has been fully digitised and integrated with the National Single Window System, reducing approval time from 30 days to only 72 hours.

fish production increased by 106%

About Mines and Minerals (Development and Regulation) Act (MMDR)

In case of Mining Lease, the contiguous area shall not exceed 10%

in case of Composite Lease, the contiguous area shall not exceed 30% of the existing area

India’s achievement on annual wind capacity

India achieved its highest-ever annual wind capacity addition of 6.05 GW during FY 2025-26

India's cumulative installed wind power capacity has crossed 56 GW

States such as Gujarat, Karnataka, and Maharashtra have been the primary contributors

towards achieving the national target of 500 GW of non-fossil fuel-based energy capacity by 2030.

EPR Framework

EPR framework also imposes mandatory annual targets for recycling and/ or use of recycled content

operational for plastic packaging, e- waste, battery waste, waste tyre and used oil waste

provides financial incentives to recyclers

Womaniya initiative

• under ministry of commerce and trade

• enables women entrepreneurs and SHGs to sell directly to Government buyers through the GeM platform.

• covers designated categories such as handicrafts, handloom, jute, coir, home décor and office furnishings for procurement.

SWAYATT

initiative focuses on enabling startups, women entrepreneurs, youth, Micro & Small Enterprises (MSEs), Self-Help Groups (SHGs), and marginalized communities to access government markets. SWAYATT aims to remove entry barriers and enhance ease of doing business for these groups on the GeM platform.

India’ coconut sector

rank second in production

• Keralam Ist in area under cultivation

• Tamil Nadu 1st in production

• Andhra Pradesh Ist in productivity

Cashew

"Gold Mine of Wasteland"

important source of invisible fat in the diet. The crop is known for its resilience and drought tolerance, and it adapts well to poor soil conditions.

significant environmental benefits, including reducing soil erosion and supporting afforestation.

UAE is major export destination

cultivated in S.India, WB, Chhattisgarh, NE

more than 90% of Sandalwood resources are in which states

Karnataka and TN

Agarwood

90% located in NE

Export promotion measures have also been strengthened through enhanced annual export quotas under the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES), with limits set for agarwood chips and for agarwood oil.

Additionally, export applications have been integrated into the Directorate General of Foreign Trade (DGFT) portal to streamline regulatory processes

Foot and Mouth Disease (FMD) and Brucellosis (diseases)

The National Animal Disease Control Programme (NADCP) focuses on controlling Foot and Mouth Disease (FMD) and Brucellosis through 100% vaccination of cattle, buffalo, sheep, goats, and pigs against FMD, and vaccination of all female bovine calves (4-8 months) against Brucellosis.

Foot and Mouth Disease is a highly contagious viral disease affecting animals such as cattle, buffaloes, sheep, goats, and pigs. It affects milk yield, slows growth, and impairs reproduction.

Brucellosis is a bacterial disease in cattle and buffaloes that affects the reproductive system, leading to infertility, abortions, and reduced milk production.

Universal Immunisation Program (UIP)

The Universal Immunisation Program (UIP) is one of the largest public health programs targeting newborns and pregnant women annually free of cost

The 11 vaccines given under the programme are:

• Hepatitis B Vaccine

• Oral Polio Vaccine (OPV)

• Bacillus Calmette-Guérin Vaccine (BCG)

• Injectable Polio Vaccine (IPV)

• Pentavalent Vaccine

• Rotavirus Vaccine (RVV)

• Pneumococcal Conjugate Vaccine (PCV)

• Measles & Rubella Vaccine (MR)

• Diphtheria Pertussis Tetanus Vaccine (DPT)

• Tetanus & Adult Diphtheria Vaccine (Td) and

• Japanese Encephalitis Vaccine (JE)

Gardasil 4 vaccine

single dose vaccine

Gardasil-4, a quadrivalent HPV vaccine protects against HPV types 16 and 18 (which cause cervical cancer)

GI tags: Navara rice, Green Cardamom, Ganjam Kewda Flower, Saffron

Navara rice : Kerala

• helps in treating rheumatic pain. It is useful for polio-related disabilities. improves blood circulation problems. It also helps in respiratory diseases.

Green Cardamom : two varieties GI tag, Kerala and Karnataka

• used to treat asthma, relieve cough, and difficulty in urination.

• also known as Sukshma-ela

Ganjam Kewda Flower : Odisha

• used in the treatment of eye problems and respiratory disorders.

• known as Ketakipushpa

Saffron : Jammu and Kashmir

• used to treat migraine, heal wounds, vomiting, and skin discoloration and patches.

• also known as kumkuma

National Investment and Infrastructure fund have how many active funds

4 active funds:

• Fund for infrastructure (Master Fund)

• The fund of funds (Private Markets Fund)

• Fund for climate and sustainability as well as India Japan corridor (the India Japan Fund), and

• The fund with focus in growth equity (Strategic Opportunities Fund).

European Securities and Market Authorities

RBI has signed MoU with ESMA

primary objective of the MoU is to enable formal recognition of the Clearing Corporation of India Ltd. (CCIL)

MoU does not create any legally binding obligations

will remain operative for an unlimited period of time

Salary Account Package for Employees'

Department of Financial Services (DFS), Ministry of Finance

association with all 12 Public Sector Banks (PSBs).

The initiative aims to provide enhanced financial security, improved service delivery and greater banking convenience to Central Government employees. The package encompasses three core segments - Banking, Insurance and Cards

Major features :

• Zero-balance salary account with enhanced facilitates

• Free remittances i.e. RTGS/ NEFT/ UPI and cheque book facilities

• Personal Accident Insurance (PAI)

• Air Accident Insurance (AAI)

• Permanent Total & Partial Disability Cover

• Comprehensive Medical Insurance for self / family with top-up coverage

Credit line UPI, Hello UPI, UPI lite X, acceptance of UPI and Rupay in countries

• 'Credit Line on UPI' enables pre-sanctioned credit lines from banks via UPI

• 'Hello! UPI', an Al-voice-enabled payment feature built by Bhashini (under MeitY) along with NPCI

• 'UPI LITE X' addresses challenges of remote areas by enabling offline UPI payments and making digital transactions accessible even in low-connectivity regions

• UPI operationalised in Bhutan, France, Mauritius, Nepal, Singapore, Sri Lanka, the UAE and Qatar

• Rupay operationalised in Nepal, Bhutan, Mauritius, Singapore, UAE and Maldives.

Investor Education and Protection Fund Authority (IEPFA) is under

Ministry of Corporate Affairs

GSTAT

• when a taxpayer has a dispute, the first appeal lies within the tax administration. At the second level, whether the original order is from the Centre or a State, the appeal will now converge at a single, independent forum - the GSTAT.

• In 2017 as 'One Nation, One Tax, One Market' now evolves into 'One Nation, One Forum for Fairness and Certainty'

• statutory appellate body established under the Goods and Services Tax laws.

• constituted to hear appeals against orders passed by the GST Appellate Authorities

• a Principal Bench in New Delhi and 31 State Benches across 45 locations in India

• will comprise two Judicial Members, one Technical Member (Centre), and one Technical Member (State)

PM Jan Dhan Yojana

zero balance requirement

DBT

56% accounts of women

OD upto 10k

insurance upto 2 lakh

free RuPay debit card

Silk board

financial approval limit increased from 50 lakh to 1 crore

established in 1948 under textiles

India is second largest producer in world. Karnataka is largest in state

changes in PLFS

officially launched in 2017 under NSO (under Meity)

Changes :

• generation of the monthly estimates of key labour market indicators viz. Labour Force Participation Rate (LFPR), Worker Population Ratio (WPR) and Unemployment Rate (UR)

• quarterly estimates of employment unemployment indicators will be available for both rural and urban areas

• the annual PLFS results will be brought out based on the calendar year i.e. survey period of January - December

• Enhanced sample size (2.65 times increased)

Areca nuts trees

India is largest producer in world

Karnataka first

Major export destinations include the United Arab Emirates

Areca nut imports 100% import duty has been imposed

disease like "areolate mildew", which destroys areca nut trees

'Dirghavadhi Krishak Punji Sahakar Yojana

National Cooperative Development Corporation (NCDC), a statutory organization under the Ministry of Cooperation, Government of India, implements

NCDC has its own robust funding guidelines for sanctioning of financial assistance to eligible borrowers under the scheme

NCDC has dedicated department for recovery purpose

In case of default, suitable action is initiated under SARFAESI Act and if required, cases are filed in DRT