CGPCS Prelims and Mains Notes, CGPCS Test Series
The Tobin Tax, named after Nobel Prize-winning US economist James Tobin, was proposed in 1971 for the first time with the intention to levy it on short-term capital currency transactions. whenever currency crises have erupted, the proposal for a levy on international currency transactions has been debated. Tobin tax as a tool to discourage speculative … Read more
The fiscal deficit is the difference between the government’s total expenditure and its total receipts excluding borrowing. Current account deficit is when country’s export of goods, services and transfers are lesser than its imports of goods, services and transfers. Impacts of Fiscal deficit: If unchecked it will lead to crowding out effect, manipulation of … Read more
Reasons are as follows: Low expenditure per GDP in the Higher education as compared to other countries. Low investment in Research and development sector by the Government and the private Industries. Lack of autonomy and excessive government regulation Curriculum are anachronistic in nature. Lack of diversity in terms of course offered. Limited investment from High … Read more
Ans: Green Box Subsidies: The subsidies which cause no, or at most minimal, trade distorting effects or effects on production. These subsidies are permitted under WTO regime, for instance; Government services such as research, disease control, and infrastructure and food security. Amber Box Subsidies : All domestic support measures considered to distort production and … Read more
Operation Twist is a program of quantitative easing used by the Federal Reserve. The so-called “twist” in the operation occurs whenever the Fed uses the proceeds of its sales from short-term Treasury bills to buy long-term Treasury notes. Short-term instruments mature in three years or less while long-term notes and bonds have a term between … Read more
. The first and foremost issue is defining the ‘sensitive list’, or a negative list which would not be open to trade, those product lines on whom tariffs would not be reduced. This is also referred as trading to a negative list, which means trading in goods, other than those in the negative list. Very … Read more
Launched by the Hon’ble PM in January, the ‘Transformation of Aspirational Districts’ programme aims to quickly and effectively transform these districts. The broad contours of the programme are Convergence (of Central & State Schemes), Collaboration (of Central, State level ‘Prabhari’ Officers & District Collectors), and Competition among districts driven by a mass Movement. With States … Read more
PPIs are instruments that facilitate the purchase of goods and services, including financial services, remittance facilities, etc., against the value stored on such instruments. The value stored on such instruments represents the value paid for by the holders by cash, by debit to a bank account, or by credit card. The pre-paid instruments can be … Read more
While countries around the world have been considering how to implement and measure success against the Goals, NITI Aayog has taken the lead by bringing out the SDG India Index – Baseline Report 2018, and showing how SDGs will be measured in India. NITI Aayog has constructed the SDG India Index spanning across 13 out … Read more
There are disproportionate burden that falls on women and girls due to deficiencies in sanitation facilities.A rapid study conducted in 2016 by WASH Institute and Sambodhiprovides some insight on the burden faced by women: 76 percent of women had to travel a considerable distance to use these facilities. 33 percent of the women have … Read more