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. The Central Office of the Reserve Bank was initially established in Calcutta but was permanently moved to Mumbai in 1937. RBI is the top monetary authority in the country, it prints currency notes (except one rupee note) and distributes them through commercial banks in the country. So R.B.I. decides the supply of money in the whole economy.
In accordance with a key announcement made by Prime Minister Narendra Modi on Independence Day, the Union Government established NITI Aayog (National Institution for Transforming India) on Jan. 1, 2015, as replacement for the Planning Commission. This comes after extensive consultation across the spectrum of stakeholders, including state governments, domain experts and relevant institutions.
The All India Institutes of Medical Sciences (AIIMS) is a group of autonomous public medical colleges of higher education. These institutes have been declared by Act of Parliament as institutions of national importance. AIIMS, New Delhi, is the front runner parent excellence institution, was established in 1956. There are 7 AIIMS are operational and 7more are proposed in the coming years.
The Securities and Exchange Board of India (SEBI), was initially constituted on April 12, 1988 as a non contributory body through a resolution of the government for dealing with all matters related to development and regulation of securities market and investor protection and to advice the government on all these matters. SEBI was given statutory status and powers through an ordinance promulgated on January 30, 1992.
A satellite is a moon, planet or machine that orbits a planet or star. For example, Earth is a satellite because it orbits the sun. Likewise, the moon is a satellite because it orbits Earth. Usually, the word "satellite" refers to a machine that is launched into space and moves around Earth or another body in space. There are so many types of satellites like: Communication Satellites, Earth Observation Satellites, Navigation satellites, scientific & Exploration satellites, experimental satellites, small satellites etc launched by ISRO.
Launch Vehicles are used to transport and put satellites or spacecrafts into space. In India, the launch vehicles development programme began in the early 1970s. The first experimental Satellite Launch Vehicle (SLV-3) was developed in 1980. An Augmented version of this, ASLV, was launched successfully in 1992. India has made tremendous strides in launch vehicle technology to achieve self-reliance in satellite launch vehicle programme with the operationalisation of Polar Satellite Launch Vehicle (PSLV) and Geosynchronous Satellite Launch Vehicle (GSLV).
Chandrayaan-1 was India's first lunar probe. It was launched by the Indian Space Research Organisation in October 2008, and operated until August 2009. The mission included a lunar orbiter and an impactor. It was launched from Satish Dhawan Space Centre, Sriharikota, by the PSLV C-11 on 22 October 2008. The spacecraft was orbiting around the Moon at a height of 100 km from the lunar surface for chemical, mineralogical and photo-geologic mapping of the Moon.
India has launched 81 Indian satellites (as of 20 January 2016) of many types since its first in 1975. Satellites have been launched from various vehicles, including those launched by American, Russian and European rockets, as well as those launched indigenously by India.The Indian Space Research Organisation (ISRO) is responsible for India's satellite programs.
ISRO has launched more than 50 satellites for various scientific and technological applications like mobile communications, Direct-to-Home services, meteorological observations, telemedicine, Tele- education, disaster warning, radio networking, search and rescue operations, remote sensing and scientific studies of the space. ISRO has established two major space systems, INSAT for series of communication and Indian Remote Sensing (IRS) for resource monitoring & management.
The Defence Research and Development Organization (DRDO) was established in 1958 by amalgamating the Technical Development Establishment and the Directorate of Technical Development and Production with the Defence Science Organisation. It is under the administrative control of the Ministry of Defence, Government of India headquartered in New Delhi. It works with a network of 52 laboratories, which are engaged in developing defence technologies covering various fields, like aeronautics, armaments, electronics, land combat engineering, life sciences, materials, missiles, and naval systems.