CGPCS Prelims and Mains Notes, CGPCS Test Series
India imports 40% of the World’s total production of Gold, making India as the top importer of Gold metal. India imports approx 1000 tons of Gold per year. The imports are mainly from China, USA, Australia, South Africa and Russia. In India, approx 4000 tons of gold is lying idle in Temples, and approx 15000 … Read more
National Statistical Office (NSO) released the first advance estimates of the national income that projected growth in India’s GDP at market prices for 2019-20 at 4.98% in “real” terms, the lowest since the 3.89% in the global financial crisis year of 2008-09. But even more significant was the estimated growth of 7.53% in “nominal” terms, which … Read more
. Regional trading refer to a treaty that is signed by two or more countries to encourage free movement of goods and services across the borders of its members. The agreement comes with internal rules that member countries follow among themselves. When dealing with non-member countries, there are external rules in place that the members … Read more
. It refers to the effect of tax avoidance strategies used by multinational corporations on countries’ tax basis. The term was used for the first time by OECD. In an increasingly interconnected world, national tax laws have not kept pace with global corporations, fluid capital, and the digital economy, leaving gaps that can be exploited … Read more
India’s imports comprises of essentials such as crude petroleum, machineries and fertilizers which become expensive raising their prices facilitating ‘import’ of inflation. India is very susceptible to a stubborn and sticky inflation. It hurts the masses in terms of across the board higher prices. All imports become expensive including raw materials, goods and machineries which … Read more
Inflation is the sustained increase in the general price of goods and services and hence it reduces the purchasing power of Rupee. But some mild inflation is good for an economy as it help to grease the wheels of the commerce. There are various ways to control Inflation: Fiscal ways: Reduction in … Read more
A geographical indication (GI) is a sign used on products that have a specific geographical origin and possess qualities or a reputation that are due to that origin. In order to function as a GI, a sign must identify a product as originating in a given place. A geographical indication right enables those who have … Read more
A Build Operate Transfer (BOT) Project is typically used to develop a discrete asset rather than a whole network and is generally entirely new or greenfield in nature (although refurbishment may be involved). In a BOT Project the project company or operator generally obtains its revenues through a fee charged to the utility/ government rather … Read more
To organize training programmes for educational functionaries for developing capacities of educational planning and administration. To strengthen capacities for training and research in the field of educational planning and administration. To provide consultancy services in the sphere of educational planning and administration to Central as well as State Governments, Universities, Board and other similar … Read more
The Make in India initiative has been built on layers of collaborative effort of DIPP, acting as a backbone with Union Ministers, Secretaries to the Government of India, state governments, industry leaders, and various knowledge partners to debate and formulate an action plan for the next three years, aimed at raising the contribution of the … Read more