CGPCS Prelims and Mains Notes, CGPCS Test Series
Exchange rate determination is either as pegged/fixed exchange rates or market-determined exchange rates. Pegged or fixed exchange rates are determined as a direct intervention of the central bank in deciding on the exchange rates. There are certain variants to such interventions like: Currency Board The central bank of a country pegs the home currency to … Read more
IPO is an abbreviation of Initial Public Offer. FPO is an abbreviation of a Follow-On Public Offer. Key Difference: IPO vs. FPO IPO is the first public issue of the shares of a private company that is going public whereas FPO is the second or subsequent public issue of the shares of an already listed … Read more
Positives These sector are labour intensive and generate more labour per unit of capital infused. These sector have the potential for broader social transformation. These sector can also play crucial role in export and hence the overall growth. The creation of employment opportunities in these sector is far more inclusive and it address … Read more
. First and the foremost reason for this is the high cost of rail movement arising out of policy of cross subsidization by IR. Passenger fares especially sleeper class are underpriced and made up through increased freight fares. In India, passenger rail fares are highly politically sensitive. However, this is also because of the social … Read more
Transfer pricing refers to the rules and methods for pricing transactions within and between enterprises under common ownership or control. Transfer pricing can be exploited for tax avoidance and tax evasion through Base erosion and profit shifting strategies. Base erosion and profit shifting refer to corporate tax planning strategies used by multinationals to “shift” profits … Read more
India Post launches Five Star Villages Scheme to ensure 100% rural coverage of postal schemes Gramin Dak Sevaks to lead Public Awareness Campaign on Postal Services Scheme to be implemented nation-wide All postal products and services will be made available and marketed and publicized at village level, under the Five Star Villages scheme. Branch offices … Read more
Causes of Regional Imbalances in India: 1. Historical factors: British regime 2. Geographical factors : Natural factors 3. Failure of planning: Although balanced growth has been accepted as one of the major objectives of economic planning in India, since the second plan on wards, but it did not make much headway achieving this object. 4. … Read more
It is anew Umbrella Scheme “Pradhan Mantri AnnadataAaySanraksHan Abhiyan’ (PM-AASHA). The Scheme is aimed at ensuring remunerative prices to the farmers for their produce as announced in the Union Budget for 2018. The new Umbrella Scheme includes the mechanism of ensuring remunerative prices to the farmers and is comprised of Price Support Scheme (PSS): … Read more
PDS was establish to procure gain and other cereals from farmers and distribute it through a subsidised scheme to those most vulnerable to hunger. It was started in the late 1960s and was subsequently expanded to rural districts. The scheme in principal can be faulted but in practice the result have been abysmal. According … Read more
In the last few years, a large number of farmers have committed suicide. Cases of suicides have been reported from states such as Andhra Pradesh, Karnataka, Maharashtra, Kerala, Punjab, Rajasthan, Orissa and Madhya Pradesh. Some of measures suggested include: Provide affordable health insurance and revitalize primary healthcare centres. The National Rural Health Mission should be … Read more