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Laissez-Faire

Definition: Laissez-faire is an economic philosophy advocating minimal government intervention in economic activities, allowing market...

LEAPS

Logistics Excellence, Advancement, and Performance Shield (LEAPS) is a national benchmarking initiative to recognize excellence,...

Leatherback Sea Turtle

Status: The largest of all living turtles and one of the most migratory marine reptiles....

Liquidity Adjustment Facility

Definition: The primary operational framework used by the RBI to manage liquidity in the banking...

Logistics Performance Index

Definition: An index by the World Bank assessing countries on logistics efficiency.Key Prelims Traps:Released by...

Lothal

A coastal trading center in Gujarat. Prelims Pointer: Known for having an artificial Dockyard (the first...