25th September 2026

Explanation - It is an air-to-ground precision guided glide bomb which can be launched from platforms like Jaguar, Hawk & Su-30 MKI. Developed by: It is indigenously designed and developed by Defence Research and Development Organisation (DRDO). Features — It has the capability to neutralise enemy airfields from a long stand-off range. The system will have an indigenous content of 60% along with indigenisation of sub-systems like Initial Measurement Unit, Long Impact Delay Fuse and Twin Store Carrier to further boost Aatmanirbharta in defence. It has the capability to destroy infrastructure, including runways, taxiways, aircraft hangars, reinforced bunkers, and radar installations. The SAT variant uses satellite navigation (GPS/NavIC) integrated with an onboard Inertial Navigation System (INS) to hit stationary targets with high accuracy (typically within 7 meters) in all weather conditions, day or night. The SAT-SAAW will be delivered between 2027-2028 and 2028-2029.

Explanation - Transfer pricing refers to the prices of goods and services that are exchanged between companies under common control. For instance, when a subsidiary company provides goods or services to its parent company or another subsidiary within the same group, the price set for these transactions is known as the transfer price. They represent a complex and important aspect of business, in particular for companies operating in different tax jurisdictions. The transfer pricing method is generally used by multinational companies (MNCs) and their subsidiaries or sister companies to allocate income and expenses. Effective but legal transfer pricing takes advantage of different tax regimes in different countries by raising transfer prices for goods and services produced in countries with lower tax rates. In some cases, companies even lower their expenditure on interrelated transactions by avoiding tariffs on goods and services exchanged internationally. The benefits of transfer pricing are tax savings, profit allocation among subsidiaries, and enhanced financial efficiency.

Explanation - The Organisation for Economic Co-operation and Development (OECD) was established in 1961, by 18 European nations, plus the United States and Canada. It is a group of 37 member countries that discuss and develop economic and social policy. OECD members are typically democratic countries that support free-market economies. Objective — To shape policies that foster prosperity, equality, opportunity and well-being for all. Major Reports published by OECD — International Migration Outlook, and Programme for International Student Assessment. Headquarters — Paris, France.

Explanation - OIC is the 2nd largest intergovernmental organisation in the world after the United Nations, with 57 member states spread over four continents. It envisages safeguarding and protecting the interests of the Muslims from all around the world in the spirit of promoting international peace and harmony. The OIC is represented by permanent delegations in the United Nations and the European Union. India is not a member of the OIC, but was invited to the recently concluded Abu Dhabi meeting as the guest of honour. In 1969, the invite to then union minister was withdrawn at Pakistan’s insistence.

Explanation - Prasar Bharati-Shared Audio-Visuals for Broadcast and Dissemination (PB-SHABD) was launched in March, 2024. It is news feed service from Prasar Bharati, open to media users round the clock. Features — It gives registered media organisations free, ready-to-use news in text, video, audio, photo and infographic formats. It supplies timely, authentic and ready-to-use news content from India and the world. Its users are registered media organisations, digital publishers and content creators. Newspapers, news television channels and digital news publishers form the bulk of this base. Format and Languages: Under this content is offered in five formats, namely text, video, audio, photographs and infographics and news is provided in 15 Indian languages and under nearly 50 news categories. Coverage: Its coverage extends across national, regional and local developments. The service is free of cost. Registered users pay no subscription fee for the content they download. Its free access has been assured up to March 2027.