APSC Prelims and Mains Notes, APSC Test Series
Juri devi ASSAM Assamese, Manipuri first NE languages to feature on PMO website Prime Minister Narendra Modi’s official website, www.pmindia.gov.in, is available in thirteen languages since the first day of the new year, with Assamese and Manipuri scripts getting pride of place on the website. The website is available in Hindi and English, apart from eleven regional … Read more
Indian Public Finance Value Added Tax Under the constitution the States have the exclusive power to tax sales and purchases of goods other than newspapers There are however defects of sales tax It is regressive in nature. Families with low income a larger proportion of their income as sales tax. Has a cascading effect – … Read more
Pipes and Cistern Inlet: A pipe connected with a tank or a cistern or a reservoir, that fills it, is known as an inlet. Outlet: A pipe connected with a tank or cistern or reservoir, emptying it, is known as an outlet. If a pipe can fill a tank in xhours, then: … Read more
India is the second most populous country in the world next only to China. On March 1, 2011 the total population of India was at 1.247 billion. This accounted for 17.5% of the world’s total population. In other words, about every sixth person in the world there is an Indian. China, the most populous country … Read more
ASSAM Assam, Manipur can now decide on AFSPA The Union Home Ministry is set to give up its power to impose the ‘disturbed areas’ tag on Assam and Manipur, both ruled by the BJP. The move effectively means it will be the States’ decision to either continue the Armed Forces (Special Powers) Act … Read more
Earthquakes occur when energy stored in elastically strained rocks is suddenly released. This release of energy causes intense ground shaking in the area near the source of the earthquake and sends waves of elastic energy, called seismic waves, throughout the Earth. Earthquakes can be generated by bomb blasts, volcanic eruptions, sudden volume changes in … Read more
Discount The discount is referred to the reduction in the price of some commodity or service. It may anywhere appear in the distribution channel in the form of modifications in marked price (printed on the item) or in retail price (set by retailer usually by pasting a sticker on the item) or in list price (quoted for the buyer). The discount is provided … Read more
Budgeting Budgeting is the process of estimating the availability of resources and then allocating them to various activities of an organization according to a pre-determined priority. In most cases, approval of a budget also means the approval to various spending units to utilize the allocated resources. Budgeting plays a criucial role in the socio-economic development … Read more
Role of Commercial Banks A Commercial bank is a type of financial institution that provides services such as accepting deposits, making business loans, and offering basic investment products There is acute shortage of capital. People lack initiative and enterprise. Means of transport are undeveloped. Industry is depressed. The commercial banks help in overcoming these obstacles and promoting … Read more
Although the systems of ancient India do have their reflections in the Constitutions of India, the direct sources of the Constitution lie in the administrative and legislative developments of the British period. Regulating Act of 1773 This Act was based on the report of a committee headed by the British Prime Minister Lord … Read more