National Institutions

Assam Rifles – UPSC Prelims

Assam Rifles: Assam Rifles which is also referred to as the Sentinels of North East is the oldest paramilitary force of India. The administrative control of Assam Rifles lies with the Home Ministry, while the operational control is with the Defence Ministry. The unit can trace its lineage back to a paramilitary police force that was formed under the …

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National Land Monetisation Corporation (NLMC) – UPSC Prelims

National Land Monetisation Corporation (NLMC): The Union Cabinet has approved the setting up of a new government-owned firm to be called the National Land Monetisation Corporation (NLMC). The NLMC will undertake monetisation of surplus land and building assets of central public sector enterprises (CPSEs) as well as government agencies. Apart from this, the NLMC will also advise …

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National Authority of Ship Recycling (NASR) – UPSC Prelims

The Central government has notified the Director-General of Shipping as the national authority for recycling of ships under the Recycling of Ships Act, 2019. About NASR The national authority of ship recycling will be set up in Gandhinagar, Gujarat. The location of the office will benefit the ship recycling yard owners situated in Alang, Gujarat …

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NSE IFSC (NSE International Exchange) – UPSC Prelims

NSE IFSC (NSE International Exchange): NSE IFSC (NSE International Exchange) incorporated on 29th November 2016, is a fully-owned subsidiary of National Stock Exchange of India Limited (NSE). Since, stock exchanges operating in the Gujarat International Finance Tech City (GIFT) city are permitted to offer trading in securities in any currency other than the Indian rupee. NSE IFSC operates from GIFT City. Accordingly, NSE …

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Central Waqf Council – UPSC Prelims

Central Waqf Council: Central Waqf Council is a statutory body under the administrative control of the Ministry of Minority Affairs set up in 1964 as per the provision given in the Waqf Act, 1954. It is an advisory body to the Central Government on matters concerning the working of the Waqf Boards and the due administration of Auqaf. Auqaf (also spelled awkaf,) is …

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Export Credit Guarantee Corporation (ECGC) – UPSC Prelims

Export Credit Guarantee Corporation (ECGC): ECGC Ltd. is wholly owned by the Government of India. It was set up in 1957 with the objective of promoting exports from the country by providing credit risk insurance and related services for exports. ECGC is essentially an export promotion organization, seeking to improve the competitiveness of the Indian …

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National Stock Exchange – UPSC Prelims

National Stock Exchange: The National Stock Exchange was founded in 1992. It was recognized as a stock exchange by SEBI under the Securities Contracts (Regulation) Act, 1956 and the operation commenced in 1994. It was the first exchange in India to provide fully computerized electronic trading. NSE is one of the pioneers in technology and …

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Central Advisory Board on Culture (CABC) – UPSC Prelims

Central Advisory Board on Culture (CABC): The Central Advisory Board on Culture (CABC) has been constituted to advise the Ministry of Culture to focus attention on creativity at different levels of Indian society. Aims and Objectives: To evolve programmes which would focus attention on creativity at different levels of Indian society, and in different regions. …

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National Health Authority (NHA) – UPSC Prelims

National Health Authority: The National Health Authority (NHA) has been constituted as an autonomous entity under the Society Registration Act, 1860 for effective implementation of PM-Jan Arogya Yojana (PM-JAY) in alliance with state governments. Functions: Formulation of PMJAY policies Development of operational guidelines Implementation mechanisms Coordination with state governments Monitoring and oversight of PMJAY amongst other. The State Health Agency …

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