APSC Prelims and Mains Notes, APSC Test Series
The Reserve Bank of India gives temporary loan facilities to the centre and state governments as a banker to government. This temporary loan facility is called Ways and Means Advances (WMA).The WMA scheme for the Central Government was introduced on April 1, 1997, after putting an end to the four-decade old system of adhoc (temporary) … Read more
Contract Farming is an agreement between farmers and cooperative firms for the supply and production of agriculture goods, under predefined agreements and price. As per noted agriculture is booming for a very long time, but nowadays farmers are facing a new problem of accessing the market and fully achieving profitability. Contact farming will bring following … Read more
The Central Government has set up a Board for Industrial and Financial Reconstruction (BIFR) with effect from 12 January 1987 in pursuance of enactment of the Sick Industrial Companies (Special Provision) Act, 1985. This is a major step for intervening at an early stage and detecting, preventing, as well as taking ameliorative, remedial and such … Read more
Institution are key component of democracy. They are the building blocks of democracy. These blocks keep the democracy alive and vibrant. Election commission of India, CAG, UPSC, Parliament, SC, NGO, Responsible media, Civil servant are some of the example of institution in democracy. The role played by the institutions in democracy: Prevent the authoritarian … Read more
Government: The Indian Government utilizes numerous techniques to ascertain how people areresponding to government action, as well as ideas for policy augmentation. Healthcare: Big data analytics plays a vital role in improving services and tackling some of theforemost challenges in the healthcare sector, especially in terms of patient profile analysis,genomic analysis, public health monitoring, diagnosis … Read more
Demand-Pull Effect The demand-pull effect states that as wages increase within an economic system (often the case in a growing economy with low unemployment), people will have more money to spend on consumer goods. This increase in liquidity and demand for consumer goods results in an increase in demand for products. As a result of … Read more
The term refers to the practice of banking like activities performed by non-banking finance companies, which are not subject to strict regulation. However, these institutions function as intermediaries between the investors and the borrowers, providing credit and generating liquidity in the system. Although these entities do not accept traditional demand deposits offered by banks, they … Read more
. India’s economy toppled to 5 per cent GDP growth rate—a 25-quarter low—during the first quarter of 2019 fiscal. Days before the data was published, the government took a step back to announce rescue measures to revive the sectors hurt by the economic slowdown and reverse decisions on surcharge for high net-worth individuals. The finance … Read more
India’s fact sheet of ports consists of twelve major ports (two additionally approved— one in West Bengal and the second at Andhra Pradesh) and two hundred odd minor ports accounting for 95 per cent of cargo movement by volume and 70 per cent by value. The present port capacity is around 1000 million tonnes (MT). … Read more
. Besides the huge resources required there are structural issues like, one of the highest Aggregate Transmission and Distribution (AT&D) losses of 25 per cent the highest in the world. There are other issues like power thefts which along with distribution losses result in losses to the State Electricity Boards (SEBs), under pricing, mounting losses … Read more