keywords- base effect, inflation, economic growth , calculation of inflation - CPI index
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Keywords - demographic dividend, demographic transition, working age population, workforce population
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keywords- VAT, EXCISE DUTY, GST, DESTINATION BASED TAX, consumption tax.
Exemption under GST list
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Exemption under GST list
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Keywords - closed and open economy, mixed economy, Money supply, deficit financing, current account convertibility and capital account convertibility
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in case a foreign fund buys below 10% stake in a corporation, such an investment shall be considered as FPI irrespective of the route selected. On the other hand, in case the ownership of an FPI in a corporation crosses 10%, then such an investment shall be considered FDI.
FDI vs FPI vs DII
IPO vs FPO
Primary market vs secondary market
In this question, UPSC interchanged option A,C and D
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FDI vs FPI vs DII
IPO vs FPO
Primary market vs secondary market
In this question, UPSC interchanged option A,C and D
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Keywords - MGNREGA ACT 2005, RURAL DEVELOPMENT, Below poverty line ( criteria )
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Key concepts -
Interim budget vs vote on account
Finance bill, appropriation bill, demand for the grants,
Until 2016, when the Budget was delivered on the last working day of February, the vote on account was commonly employed. The budget presentation date has been moved up to February 1st since 2017. This allowed the government to enact the complete budget in the same fiscal year in less than two months.
Since 2017, unless there are exceptional circumstances, such as an election year, Vote on Account has not been utilized as a part of the government budgeting process.
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Interim budget vs vote on account
Finance bill, appropriation bill, demand for the grants,
Until 2016, when the Budget was delivered on the last working day of February, the vote on account was commonly employed. The budget presentation date has been moved up to February 1st since 2017. This allowed the government to enact the complete budget in the same fiscal year in less than two months.
Since 2017, unless there are exceptional circumstances, such as an election year, Vote on Account has not been utilized as a part of the government budgeting process.
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Key concepts - Grants vs loan
Rapid financial instrument
Rapid credit facility
Forex reserves can be maintained in
Gold, Foreign currency, SDR- Special drawing rights(This is basically, the amount to be kept with IMF-International monetary fund
Reserve tranche
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Rapid financial instrument
Rapid credit facility
Forex reserves can be maintained in
Gold, Foreign currency, SDR- Special drawing rights(This is basically, the amount to be kept with IMF-International monetary fund
Reserve tranche
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Most important keyword of this year 🌟
Bailout - recently it was in news
Srilanka and Pakistan balance of payment crisis
Adani FPO bailout
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Bailout - recently it was in news
Srilanka and Pakistan balance of payment crisis
Adani FPO bailout
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👏3
this is the era of globalisation, everything is well connected, war europe me hoga to uska asar pure world me hoga, pandemic kahi aayega to uska asar pure world me hoga, ese time kese GDP growth constantly steadily rise kar sakti hai. it’s impossible.
kabhi 6% hoga kabhi 5.9% phir kabhi 7% hoga….
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kabhi 6% hoga kabhi 5.9% phir kabhi 7% hoga….
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Keywords - priority sector lending
Commerical scheduled bank
Cooperative bank
Regional rural bank
Microfinance institutions ( NBFC )
ALLIED SECTOR ACTIVITIES
Scheduled commercial banks contributed the major share (78 – 80 per cent) in agricultural and allied credit.
Of the total adjusted net bank credit (ANBC), 40% of the bank credit must be made towards priority sector.
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Commerical scheduled bank
Cooperative bank
Regional rural bank
Microfinance institutions ( NBFC )
ALLIED SECTOR ACTIVITIES
Scheduled commercial banks contributed the major share (78 – 80 per cent) in agricultural and allied credit.
Of the total adjusted net bank credit (ANBC), 40% of the bank credit must be made towards priority sector.
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👍1
From time to time, the Government takes the decision to disinvest the CPSEs but largely it decides to retain the management control on case to case basis. Hence, statement 2 is not correct.
The Government does not necessarily intend to use the revenue earned from the disinvestment mainly to pay back the external debt. Hence, statement 1 is not correct.
Option A - Mainly keyword ( eliminate )
Option B - no longer intends to retain ( not necessary )
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The Government does not necessarily intend to use the revenue earned from the disinvestment mainly to pay back the external debt. Hence, statement 1 is not correct.
Option A - Mainly keyword ( eliminate )
Option B - no longer intends to retain ( not necessary )
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