CURRENT AFFAIRS

Detailed explanation-1: -It has been developed by Broadcast Engineering Consultants India Limited (BECIL).

Detailed explanation-2: -UPSC Mains. Q. “MyParkings” is an app launched to book parking slots online, by which state / UT? Notes: The Government of Delhi has launched an App named “MyParkings”, which permits people to book parking slots online in areas under the jurisdiction of the South Delhi Municipal Corporation.

Detailed explanation-3: -Park+ is one of the best parking apps in Delhi since it lets you reserve parking spots in advance anywhere you go. With abundant options to choose from, Park+ is the most-hassle free way to look for a parking spot.

Detailed explanation-4: -India’s Smart Parking Market is estimated to be USD 315.5 Mn in 2022 and is expected to reach USD 534.28 Mn by 2027, growing at a CAGR of 11.11%. Market dynamics are forces that impact the prices and behaviors of India’s Smart Parking Market stakeholders.

Detailed explanation-5: -Smart Parking solutions are designed to provide drivers an ultimate solution on their journey from the beginning to end without searching for parking, cost, travel time etc. This advantage comes by paying marginal fees to the smart parking service providers.