Financial Inclusion

Financial Inclusion Financial inclusion or inclusive financing is the delivery of financial services at affordable costs to sections of disadvantaged and low-income segments of society, in contrast to financial exclusion where those services are not available or affordable. Government of India has launched an innovative scheme of Jan Dhan Yojna for Financial Inclusion to provide … 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

06.01.18 Chhattisgarh (CGPCS) Current Affairs

CHHATTISGARH Now, Aadhaar must for being a surety in Chhattisgarh courts   Alarmed over the rampant practice of submission of forged documents and sureties in trial courts, Chhattisgarh high court has laid down strict guidelines, making Aadhaar card, verification of surety and surety papers mandatory for issuing release warrant of the accused after granting of bail.   … 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

Chhattisgarh: Main feature of its economy

  Chhattisgarh is well endowed with various natural resources. These resources are important role in the economy of the state. The gross state domestic product (GSDP) of Chhattisgarh is expected to reach US$ 47.75 billion in FY 2018 from US$ 36.6 billion in FY 2015. The GSDP of the state grew at a compound annual … Read more

20.01.18 Chhattisgarh (CGPCS) Current Affairs

CHHATTISGARH State has parched reservoirs: min   Chhattisgarh is among nine States in the country with less water in the reservoirs during the current year compared to last year, the Union Ministry of Water Resources has informed.   States having lesser storage than last year for corresponding period are Punjab, Rajasthan, Jharkhand, Odisha, Gujarat, Uttar … Read more

Monetary Policies

Monetary policy is the process by which the monetary authority of a country controls the supply of money, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency. Objectives of Monetary Policies are:-  Accelerated growth of the economy Balancing saving and investments Exchange rate stabilization Price stability Employment … Read more

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