LAUNCHES
Digital Platforms
Union Minister Launches 'Unified Bharat e-Charge' for EV Charging Ecosystem
Minister HD Kumaraswamy introduced the 'Unified Bharat e-Charge' (UBC), dubbed the 'UPI for EV charging,' to simplify the electric vehicle charging process.
Developed by BHEL with support from NPCI, the platform allows users to find, book slots, and pay across different charging networks through a single interface.
Major oil marketing companies like BPCL, IOCL, and HPCL, along with various private and state agencies, will be integrated into this open-protocol platform.
The initiative aims to eliminate the need for multiple apps for different charging stations, aligning with the 'One Nation, One App' philosophy.
Developed by BHEL with support from NPCI, the platform allows users to find, book slots, and pay across different charging networks through a single interface.
Major oil marketing companies like BPCL, IOCL, and HPCL, along with various private and state agencies, will be integrated into this open-protocol platform.
The initiative aims to eliminate the need for multiple apps for different charging stations, aligning with the 'One Nation, One App' philosophy.
Key Facts / Static GK
BHEL Headquarters: New Delhi
BHEL Founded: 1956
Ministry: Ministry of Heavy Industries
BHEL Founded: 1956
Ministry: Ministry of Heavy Industries
Practice Quiz — 14 May 2026
Q1. What is the primary objective of the 'GARUDA' framework proposed by SEBI?
Answer: (C) To fast-track the approval and launch process of AIF schemes — The GARUDA (Green-Channel AIF Rollout Upon Document Acknowledgement) framework is a fast-track approval mechanism intended to reduce regulatory delays and allow AIFs to launch within 10 working days instead of the current 30 days.
Q2. The RBI cancelled the license of Sarvodaya Co-operative Bank under which sections of the Banking Regulation Act, 1949?
Answer: (B) Sections 22(4) and 56 — The RBI cancelled the bank's license specifically under Sections 22(4) and 56 of the Banking Regulation Act, 1949, which deal with the licensing of banking companies and their application to co-operative societies.
Q3. Which of the following statements is true regarding the newly notified VB-G RAM G Act, 2025?
Answer: (C) It replaces the MGNREGA Act, 2005 and increases guaranteed work to 125 days. — The VB-G RAM G Act replaces MGNREGA and enhances the employment guarantee from 100 to 125 days annually.
Q4. How will the Bharat Maritime Insurance Pool (BMIP) settle claims exceeding USD 100 million?
Answer: (B) By utilizing the sovereign guarantee provided by the government — For claims up to USD 100 million, the pool uses its own resources. Claims exceeding this amount are supported by the sovereign guarantee after pool reserves and reinsurance are exhausted.
Q5. According to the Moody's May 2026 update, what is the revised GDP growth forecast for India for CY2027?
Answer: (D) 6.0% — Moody's reduced India's growth projection for CY2027 by 50 basis points to 6.0% (down from the previous forecast of 6.5%).
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