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Jim Corbett National Park

03-12-2024

09:47 AM

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1 min read
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Overview:

A study has concluded that the drones and cameras originally planted in the Jim Corbett National Park for conservation activities, such as monitoring animals, are being deliberately misused by local government officials and men to surveil women without consent.

About Jim Corbett National Park:

  • It is located at the foothills of the Himalayas in the Nainital district of Uttarakhand
  • It is the first national park of India, established in 1936. It was named Hailey National Park then.
  • In 1957, the park was rechristened Corbett National Park in memory of the late Jim Corbett, a great naturalist and eminent conservationist.
  • Known for housing the endangered Bengal tiger, Corbett National Park is part of the larger Corbett Tiger Reserve.
  • It was the first place where Project Tiger was launched in 1973.
  • The park is spread over an area of more than 500 sq.km.
  • The park encompasses the Patli Dun valley formed by the Ramganga river.
  • The terrain is undulating with several valleys. The rivers Ramganga, Pallaen, and Sonanadi flow through the valleys.
  • Flora:
  • Fauna: Tigers and elephants are the charismatic mammals, besides a large array of co-predators (leopards, small carnivores), ungulates (sambar, hog deer, spotted deer), birds, reptiles (gharials, crocodiles), and fishes. 
  • In terms of the amendment made to the National Housing Bank Act, 1987, pursuant to the Union Budget announcements for 2019-20, the regulatory powers (including registration of HFCs) of NHB over HFCs were transferred to the RBI with effect from August 9, 2019. 
  • The broad functions of NHB as a part of its objective of building a strong, healthy, cost-effective, and viable Housing Finance System include:
    • Supervision and grievance redressal regarding HFCs
    • Financing
    • Promotion and Development.
  • The general superintendence, direction, and management of the affairs and business of NHB vest in its Board of Directors.
  • Head Office: New Delhi
  • NHB RESIDEX: It is the country’s first official housing price index (HPI). It captures movements in the prices of residential real estate prices. 

Q1: What are All India Financial Institutions (AIFIs)?

AIFIs are specialized institutions established to provide long-term finance to various sectors of the economy. Unlike commercial banks, AIFIs do not accept deposits from the public. They focus on specific sectors such as agriculture, industry, infrastructure, and housing, among others. These institutions are regulated and supervised by the Reserve Bank of India (RBI) and other relevant regulatory authorities.

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