CGPCS Prelims and Mains Notes, CGPCS Test Series
Inland waterways is an important mode of transport for any economy. Inland water transport contribute just 1% of the total freight and as the data suggest it is underutilised as in other countries the proportion of freight is relatively high. There are challenges in the development of Inland waterways in India and they are as … Read more
Tax Avoidance is an area of concern across the world. The rules are framed in different countries to minimize such avoidance of tax. Such rules in simple terms are known as ‘General Anti Avoidance Rules’ or GAAR. Thus, GAAR is a set of general rules enacted so as to check the tax avoidance. It empowers … Read more
Foreign direct investment (FDI) is an investment made by a company or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets in the other country, such as ownership or controlling interest in a foreign company. Concerns with FDI: FDI has … Read more
Wealth creation is the enhancement of assets, efficiency in economy and overall value addition to GDP and to the all sectors of economy. Wealth creation helps in improving the standard of living by improving Personal income. It also lead to more taxes, employment generation. In India wealth creation is coterminous with the opening up of … Read more
Keynesian economics was developed by the British economist John Maynard Keynes during the 1930s in an attempt to understand the Great Depression. Keynesian Economics focuses on using active government policy to manage aggregate demand in order to address or prevent economic recessions. Thus it focuses on demand-side solutions to recessionary periods. Lowering interest rates is … Read more
The cryosphere is the frozen water part of the Earth system. Beaufort Sea, north of Alaska. One part of the cryosphere is ice that is found in water. This includes frozen parts of the ocean, such as waters surrounding Antarctica and the Arctic. There are places on Earth that are so cold that water … Read more
. As of now Japan-India trade is a mere 5% of Japan-China trade. Today, India-Japan trade languishes at around $15 billion, a quarter of trade with China while Japan-China trade is around $300 billion. India is the largest recipient of Japanese foreign aid. Japanese have also made record investment in private equity and venture capital … Read more
K Gokhale was instrumental Indian in bringing about Morley-Minto Reforms, which marked the beginning of constitutional reforms in India. He was an advocate of liberalism, reason free of passion and the importance of education in enriching minds. Gokhale’s idea of free and compulsory education was proposed through his Elementary Education Bill in 1910, and this … Read more
TYPES OF MISSILE AND ASSOCIATED CONCEPTS: Brahmos Supersonic cruise missile, BrahMos, is being developed with Russia as a private joint-venture. BrahMos is a multi-platform cruise missile enabling it to strike from various types of land, sea and air-based platforms. It is among the fastest supersonic cruise missiles in the world with speeds ranging between Mach … Read more
Always keep in mind the following equation for writing answer: Overall GDP= C+I+G+X-M Measure to improve investment: Lowering of corporate tax rate to increase investment. Lowering of the repo rate by 135bpsc. To increase the access to finance. Easier of FDI norms. Most of the FDI is allowed by automatic route and others via government … Read more