DMPQ- What is High speed railway project ? Throw light on the salient features of the project ?

The Japan International Cooperation Agency (JICA) which undertook the study on  the feasibility of this prestigious project, submitted its report in July 2015. The project  was approved by the Cabinet Committee on Economic Affairs, in December 2015, to  be implemented with Japanese technical and financial assistance. The memorandum of  understanding for cooperation between India and … Read more

DMPQ- What is Operation Twist?

Operation Twist is a move in which a central bank decides to simultaneously buy long-dated securities while selling short-term securities. This is the first time RBI has undertaken such an unconventional policy measure with the aim of flattening the yield curve by lowering longer-term rates to boost lending and growth. Operation Twist normally leads to … Read more

DMPQ- List out the objectives of Rashtriya Madhyamik Shiksha Abhiyan.

RMSA has following objectives:- To ensure that all secondary schools have physical facilities, staffs and supplies at least according to the prescribed standards through financial support in case of Government/ Local Body and Government aided schools, and appropriate regulatory mechanism in the case of other schools. To improve access to secondary schooling to all young … Read more

DMPQ- In the current COVID-19 crisis , the government is facing the issue of breaching the comfortable limit of fiscal deficit. What are the consequences of high fiscal deficit?

Fiscal deficit refers to the excess of total budget expenditure over total budget receipts excluding borrowings during a fiscal year. Fiscal Deficit = Total Budget Expenditure – Total Receipts excluding borrowings = Revenue Expenditure + Capital Expenditure – Revenue receipts – Capital Receipts of only non-debt type   Implications of high fiscal deficit on economy: … Read more

DMPQ: What was the mandate of the committee headed by D B Shekatkar? Outline its recommendation. ( Military reforms/ polity)

The committee, set up in 2015 to recommend measures to enhance combat capability and rebalance defence expenditure of the armed forces, has submitted its final report in December 2016. The committee said that if recommendations are implemented, the government can save up to Rs. 25,000 crore from the current expenditure. The major recommendations are as follows: … Read more

DMPQ- Rashtriya Vayoshri Yojana

This is a scheme for providing Physical Aids and Assisted-living Devices for Senior citizens belonging to BPL category. This is a Central Sector Scheme, fully funded by the Central Government. The expenditure for implementation of the scheme will be met from the “Senior Citizens’ Welfare Fund”. The Scheme will be implemented through the sole implementing … Read more

DMPQ: What do you understand by decentralized planning?

Decentralized Planning is a type of planning where local organisations and institutions formulate, adopt, execute actions and supervise the plan without interference by the central body. Decentralized planning in the State operated mainly through the following institutions and instruments; Grama Sabha (GS): People’s participation in decentralization was sought to be ensured mainly through meetings of … Read more

DMPQ: What is Public financial management system? Discuss its advantages. ( economy)

:  It is a web-based software application developed and implemented by the Office of Controller General of Accounts (CGA).  Its coverage includes Central Sector and Centrally Sponsored Schemes as well as other expenditures including the Finance Commission Grants. Advantages of PMFS:  Better monitoring of funds and transparency: It establishes a common electronic platform for complete tracking … Read more

DMPQ: . What are the challenges faced by the leather Industry in India?

Pollution: Conventional tanning process leads to environmental pollution e.g. Liquid effluent from light leather processing contains organic matter, chromium, sulphide, and solid waste. Raw material: Economic Survey – 2016-17 pointed out non- availability of cattle for slaughter is an impediment for raw material supplier. Lack of warehousing support: from the government results into huge loss … Read more