12 Finance Commission of India

  The Twelfth Finance Commission  was appointed under the chairmanship of C. Rangarajan on November 1, 2002 to make recommendations regarding the distribution between the Union and the States of net proceeds of shareable taxes, the principles which should govern the grants- in-aid of the revenues of States from the Consolidated Fund of India and … Read more

04/07/2017- CGPCS Daily Current Affairs

Chhattisgarh   Soon, online portal to provide direct placements to freshers   The state’s IT department CHiPS has come up with a portal to reach out to about 12.500 students of 50 colleges from four districts.   The students can enroll under Chhattisgarh’s livelihood project for youth-Mukhya Manti Yuva Swavalamban Yojna (MMYSY) launched by Chhattisgarh Infotech Promotion … Read more

27.08.17 Chhattisgarh (CGPCS) Current Affairs

  Chhattisgarh   Chhattisgarh Government to merge DCCBs with state cooperative bank   The Chhattisgarh Government has planned to merge all District Cooperative Central Banks (DCCBs) of the state into a single State Cooperative Bank. The farmers will get modernised bank facilities at the village level along with ATM and Micro ATM services. It will directly … Read more

Role and Functions of Reserve Bank of India

Role of RBI Pre-reform Post-reform Developmental Role: the developmental role has increased in view of the changing structure of the economy with a focus on SMEs and financial inclusion Priority Sector Lending: Introduced from 1974 with public sector banks. Extended to all commercial banks by 1992 In the revised guidelines for PSL the thrust is … Read more

14.12.17 Chhattisgarh (CGPCS) Current Affairs

CHHATTISGARH Govt allocates 16.91l quintals rice for pds in December   The State Government under the Public Distribution System (PDS) allocated about 16.91 lakh  quintals of rice to 58 lakh ration card holders for the month of December in the entire State.   The allocation is meant for all the 27 districts, officials  informed.   … Read more

Structural changes in the Indian Economy ( GDP and work force)

Structural changes in the Indian Economy Change in composition of domestic product or change in national income by industry of origin refers to change in relative significance (share) of different sectors of the economy. Generally, an economy is divided into three major sectors viz. primary, secondary and tertiary sectors. Primary sector includes agricultural and allied … Read more

function amp_youtube_icon() { if ( wp_is_mobile() ) { echo ' '; } } add_action('wp_footer', 'amp_youtube_icon');