Q.1844) Consider the following about Southern Oscillation Index (SOI)

1. It is a measure of the strength or intensity of the Walker Circulation.

2. It is one of the key atmospheric indices for gauging the strength of El Nino and La Nina events and their potential impacts on Australian region.

Q.1845) Consider the following statements with reference to IUCN.

1. IUCN, through it's status as a Project Agency for the Global Environment Facility (GEF) has been trusted to mobilise funding for significant resources.

2. IUCN has been an Accredited Entity of the Green Climate Fund (GCF) since 2022.

📚Note : The above question deals with the relationship of IUCN vis-a-vis
a) Global Environment Facility (GEF) and
b) Green Climate Fund (GCF)

🌾🍀🌱New year in Indian states by Sun's and Moon's Path

Happy #boghbihu #baisakhi # panasankranti #puthandu🙏

📚B.R . Ambedkar Role in Economic Planning in the above video 👆

#PrelimsSnippets

📚Financial Benchmarks India Pvt. Ltd. (FBIL) -

(Topic : Economy)

* FBIL is jointly promoted by ---

- FIMMDA (Fixed Income Money Market & Derivative Association of India)
- FEDAI (Foreign Exchange Dealers' Association of India)
- IBA (Indian Banks Association)

* FBIL was incorporated in 2014 under the Companies Act, 2013

* It was recognised by RBI as an independent Benchmark administrator in 2015.

* Main Objectives -
a) to introduce and implement policies & procedures to handle the benchmarks
b) to act as the administrators of Indian interest rate & Foreign Exchange benchmarks

[ * Related news - Topic - External benchmarking of RBI ]