The World Trade Organization (WTO) was officially established on January 1, 1995, as a successor to the General Agreement on Tariffs and Trade (GATT). Its creation was the result of the Uruguay Round of trade negotiations (1986–1994). The WTO serves as the primary international organization that deals with the rules of trade between nations. Its main goal is to help producers, exporters, and importers conduct their business by ensuring that trade flows as smoothly, predictably, and freely as possible.
The Reserve Bank of India (RBI) was established on April 1, 1935, in accordance with the provisions of the Reserve Bank of India Act, 1934. It was initially set up as a private entity, but was nationalized in 1949, making it wholly owned by the Government of India. The central office of the RBI was first established in Calcutta (Kolkata), but was permanently moved to Mumbai in 1937.
Nalanda University, an ancient center of learning located in modern-day Bihar, India, was founded in the 5th century CE. It's widely believed to have been established by Kumaragupta I, an emperor of the Gupta dynasty. It flourished as one of the world's first great residential universities, attracting scholars and students from across Asia for its extensive curriculum, particularly in Mahayana Buddhism, as well as in subjects like mathematics, medicine, and philosophy. The university thrived for over 700 years until its destruction in the 12th century.
Chilika Lake in Odisha holds the distinction of being the largest brackish water lake and the largest coastal lagoon in India. Spanning over 1,100 square kilometers, it is also the largest wintering ground for migratory birds on the Indian subcontinent. The lake is a biodiversity hotspot and a designated Ramsar Site, recognizing its international importance as a wetland. It is home to a rich variety of flora and fauna, including the endangered Irrawaddy dolphin, and provides a livelihood for over 1.5 lakh fishermen.
The term “Hindu rate of growth” was indeed coined by the late Indian economist Raj Krishna in 1978. It was used to describe the persistently slow and stagnant growth rate of the Indian economy, which averaged around 3.5% annually, during the decades following independence from the 1950s to the 1980s. The term was a critical commentary on the efficacy of the socialist-oriented economic policies of the time, suggesting that the low growth was a result of these policies and not, as the name might misleadingly imply, a cultural or religious predisposition to fatalism.
The Chipko Movement was a non-violent social and ecological movement in India that aimed to protect forests from destruction. It began in the 1970s in the Garhwal Himalayas of Uttarakhand. The word "Chipko" means "to hug" in Hindi, and the movement's activists, many of whom were women, would literally hug trees to prevent loggers from cutting them down. Led by prominent figures like Sunderlal Bahuguna, the movement successfully brought international attention to the issue of environmental degradation and helped shape a national policy on forest conservation.
The currency of the Kingdom of Bhutan is the Ngultrum, abbreviated as Nu. and with the international code BTN. It was introduced in 1974, replacing the Indian Rupee as the official currency, although the Indian Rupee is still widely accepted in Bhutan. A key feature of the Ngultrum is that it is pegged to the Indian Rupee at a 1:1 ratio, meaning they have the same value. This simplifies trade and travel between the two nations. The Ngultrum is subdivided into 100 chhertum.
The slogan "Inquilab Zindabad," which translates to "Long live the revolution," was a powerful rallying cry during India's freedom struggle. While the phrase was originally coined by the Urdu poet and freedom fighter Maulana Hasrat Mohani in 1921, it was Bhagat Singh who truly popularized it. Bhagat Singh, along with his associate Batukeshwar Dutt, famously shouted the slogan after throwing bombs in the Central Legislative Assembly in Delhi in 1929. This act, and the subsequent public trial, brought the slogan to the forefront of the national consciousness, making it synonymous with the revolutionary movement and the fight for complete independence.
The Battle of Plassey, fought on June 23, 1757, was a pivotal event in Indian history. It was a decisive victory for the British East India Company, led by Robert Clive, against the Nawab of Bengal, Siraj-ud-Daulah, and his French allies. The British victory was largely due to the betrayal of Mir Jafar, the Nawab's commander-in-chief, who had been secretly bribed by Clive. This victory gave the British control over Bengal and was the first major step towards the establishment of the British Empire in India. The battle is often considered the beginning of the British Raj.
Vitamin C, also known as ascorbic acid, is a crucial water-soluble vitamin that the human body cannot produce on its own. It's a powerful antioxidant that helps protect cells from damage caused by free radicals. This vital nutrient is essential for the growth, development, and repair of all body tissues, including the formation of collagen for healthy skin, blood vessels, and bones. A deficiency in Vitamin C can lead to a condition called scurvy.
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The World Trade Organization (WTO) was officially established on January 1, 1995, as a successor to the General Agreement on Tariffs and Trade (GATT). Its creation was the result of the Uruguay Round of trade negotiations (1986–1994). The WTO serves as the primary international organization that deals with the rules of trade between nations. Its main goal is to help producers, exporters, and importers conduct their business by ensuring that trade flows as smoothly, predictably, and freely as possible.
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The Reserve Bank of India (RBI) was established on April 1, 1935, in accordance with the provisions of the Reserve Bank of India Act, 1934. It was initially set up as a private entity, but was nationalized in 1949, making it wholly owned by the Government of India. The central office of the RBI was first established in Calcutta (Kolkata), but was permanently moved to Mumbai in 1937.
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Nalanda University, an ancient center of learning located in modern-day Bihar, India, was founded in the 5th century CE. It's widely believed to have been established by Kumaragupta I, an emperor of the Gupta dynasty. It flourished as one of the world's first great residential universities, attracting scholars and students from across Asia for its extensive curriculum, particularly in Mahayana Buddhism, as well as in subjects like mathematics, medicine, and philosophy. The university thrived for over 700 years until its destruction in the 12th century.
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Chilika Lake in Odisha holds the distinction of being the largest brackish water lake and the largest coastal lagoon in India. Spanning over 1,100 square kilometers, it is also the largest wintering ground for migratory birds on the Indian subcontinent. The lake is a biodiversity hotspot and a designated Ramsar Site, recognizing its international importance as a wetland. It is home to a rich variety of flora and fauna, including the endangered Irrawaddy dolphin, and provides a livelihood for over 1.5 lakh fishermen.
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The term “Hindu rate of growth” was indeed coined by the late Indian economist Raj Krishna in 1978. It was used to describe the persistently slow and stagnant growth rate of the Indian economy, which averaged around 3.5% annually, during the decades following independence from the 1950s to the 1980s. The term was a critical commentary on the efficacy of the socialist-oriented economic policies of the time, suggesting that the low growth was a result of these policies and not, as the name might misleadingly imply, a cultural or religious predisposition to fatalism.
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The Chipko Movement was a non-violent social and ecological movement in India that aimed to protect forests from destruction. It began in the 1970s in the Garhwal Himalayas of Uttarakhand. The word "Chipko" means "to hug" in Hindi, and the movement's activists, many of whom were women, would literally hug trees to prevent loggers from cutting them down. Led by prominent figures like Sunderlal Bahuguna, the movement successfully brought international attention to the issue of environmental degradation and helped shape a national policy on forest conservation.
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The currency of the Kingdom of Bhutan is the Ngultrum, abbreviated as Nu. and with the international code BTN. It was introduced in 1974, replacing the Indian Rupee as the official currency, although the Indian Rupee is still widely accepted in Bhutan. A key feature of the Ngultrum is that it is pegged to the Indian Rupee at a 1:1 ratio, meaning they have the same value. This simplifies trade and travel between the two nations. The Ngultrum is subdivided into 100 chhertum.
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The slogan "Inquilab Zindabad," which translates to "Long live the revolution," was a powerful rallying cry during India's freedom struggle. While the phrase was originally coined by the Urdu poet and freedom fighter Maulana Hasrat Mohani in 1921, it was Bhagat Singh who truly popularized it. Bhagat Singh, along with his associate Batukeshwar Dutt, famously shouted the slogan after throwing bombs in the Central Legislative Assembly in Delhi in 1929. This act, and the subsequent public trial, brought the slogan to the forefront of the national consciousness, making it synonymous with the revolutionary movement and the fight for complete independence.
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The Battle of Plassey, fought on June 23, 1757, was a pivotal event in Indian history. It was a decisive victory for the British East India Company, led by Robert Clive, against the Nawab of Bengal, Siraj-ud-Daulah, and his French allies. The British victory was largely due to the betrayal of Mir Jafar, the Nawab's commander-in-chief, who had been secretly bribed by Clive. This victory gave the British control over Bengal and was the first major step towards the establishment of the British Empire in India. The battle is often considered the beginning of the British Raj.
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Vitamin C, also known as ascorbic acid, is a crucial water-soluble vitamin that the human body cannot produce on its own. It's a powerful antioxidant that helps protect cells from damage caused by free radicals. This vital nutrient is essential for the growth, development, and repair of all body tissues, including the formation of collagen for healthy skin, blood vessels, and bones. A deficiency in Vitamin C can lead to a condition called scurvy.
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