DMPQ- Write a short note on Indian Agricultural Research Council

The Indian Council of Agricultural Research (ICAR) is an autonomous organisation under the Department of Agricultural Research and Education (DARE), Ministry of Agriculture and Farmers Welfare , Government of India. Formerly known as Imperial Council of Agricultural Research, it was established on 16 July 1929 as a registered society under the Societies Registration Act, 1860 … Read more

DMPQ- What are the Functions of money in an Economy?

Medium of Exchange The only alter­native to using money is to go back to the barter system. However, as a system of ex­change the barter system would be highly impracticable today.  For example, if the baker who supplied the green-grocer with bread had to take payment in onions and carrots, he may either not like … Read more

DMPQ- What are the objectives of Garib Kalyan Rojgar Abhiyaan?

Prime Minister Narendra Modi launches Garib Kalyan Rojgar Abhiyaan on 20th June 2020 to boost employment and livelihood opportunities for migrant workers returning to villages, in the wake of COVID-19 outbreak Abhiyaan focuses on durable rural infrastructure and providing modern facilities like internet in the villages Skill Mapping of the rural migrant labour being done … Read more

DMPQ- What are recapitalisation bonds? How recapitalisation bond woks?

A government bond is an instrument to raise money from the market with a promise to repay the face  value at the maturity  date and a periodic interest. A bond issued for the purpose of recapitalisation is called recapitalisation bond.   Working of Recapitalisation bond: The government will issue recapitalisation bond, which banks will subscribe … Read more

DMPQ:Economic reforms of 1991 was the major landmark in Indian Economic History. Outline the reasons which forced India for economic reforms.

The  major reasons are: Rise in Prices and galloping inflation. It surged from 6.7% to near about 16% Increase in the Fiscal deficit. Increase in non -development expenditure. Adverse Balance of payment and pressure on Balance of Payment. Iran-Kuwait war led to increase in Petrol price and hence pressure on Indian Imports. Adopted approach of … Read more

DMPQ-Prime Minister Employment generation Programme.

The scheme is implemented by Khadi and Village Industries Commission (KVIC) functioning as the nodal agency at the national level. At the state level, the scheme is implemented through State KVIC Directorates, State Khadi and Village Industries Boards (KVIBs), District Industries Centres (DICs) and banks. In such cases KVIC routes government subsidy through designated banks … Read more

DMPQ- Atal Bhujal Yojana.

In order to acknowledge and contain the ever-growing problem of groundwater depletion, the Indian Government introduced the Atal Bhujal Yojana (ABY) in December 2019 after getting financial approval by the World Bank in 2018. It has been launched under Jal Jeevan Mission of the government. Atal Bhujal scheme is related to groundwater usage and conservation … Read more