DMPQ: What was the lord Wavell plan? How it was taken by the different political entity? (history)

Lord Wavell plan was constituted to resolve the political deadlock of existing India but he abandon the proposal due to disagreement between leaders of muslim league and congress, and finally the proposals were dissolved  at the Shimla conference Plan: Formation of new executive council at the centre in which all the members except the viceroy … Read more DMPQ: What was the lord Wavell plan? How it was taken by the different political entity? (history)

DMPQ: Define following term ( Eco) a) Current account b) Capital account c) Balance of payment d) Trade balance

Current account:       Current account refers to the account maintained by every government of the world in which every kind of transaction is shown, this account is maintained by the central banking body. Current transactions of an economy in foreign currency all over the world- export, import, interest payments, foreign investments in share.   Capital account:         … Read more DMPQ: Define following term ( Eco) a) Current account b) Capital account c) Balance of payment d) Trade balance

DMPQ: What is Nitrogen cycle. Explain its various stages. (science)

The nitrogen cycle is a complex biogeochemical cycle in which nitrogen is converted from its inert atmospheric molecular form (N2) into a form that is useful in biological processes. The Nitrogen cycle contains various stages: Nitrogen fixation: Inert form of Nitrogen is fixed and converted into organic form in a process called nitrogen fixation. Most … Read more DMPQ: What is Nitrogen cycle. Explain its various stages. (science)

DMPQ: Jinnah turn down Rajagopalchari proposal as it offered a ‘Mutilated and moth-eaten Pakistan. What was the Rajagopalchari formula? ( History)

C rajagopalchari tried to resolve the deadlock between muslim league and Congress to arrive at a solution. He proposed a formula to address the issues between the two different political entity. The plan was given in 1944 and a formula to hold talks with jinnah. The following is the formula: The muslim league while endorsing … Read more DMPQ: Jinnah turn down Rajagopalchari proposal as it offered a ‘Mutilated and moth-eaten Pakistan. What was the Rajagopalchari formula? ( History)

DMPQ: Banking sector was highly regulated and the sad state of affairs of the bank prior to 1991 was mainly because of government mismanagement. In this context discuss the recommendation of Narsimahan Committee.( Economics)

A high level committee on financial system was set up on august 14,1991. The objective of the committee was set up to examine all aspect relating to structure, organisation, function and procedures of the financial system.  The recommendations were majorly aimed at ensuring a degree of operational flexibility; internal autonomy for public sector banks; and … Read more DMPQ: Banking sector was highly regulated and the sad state of affairs of the bank prior to 1991 was mainly because of government mismanagement. In this context discuss the recommendation of Narsimahan Committee.( Economics)

DMPQ: What was the purpose of PDS? Evaluate its functioning. ( schemes evaluation)

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 DMPQ: What was the purpose of PDS? Evaluate its functioning. ( schemes evaluation)

DMPQ: What is Basel accord? What are the different BASEL norms? ( economy)

The set of the agreement by the BCBS (BASEL COMMITTEE ON BANKING SUPERVISION), which mainly focuses on risks to banks and the financial system are called Basel accord.  The purpose of the accord is to ensure that financial institutions have enough capital on account to meet the obligations and absorb unexpected losses.  India has accepted … Read more DMPQ: What is Basel accord? What are the different BASEL norms? ( economy)