13.04.18 APSC (Assam) Current Affairs

ASSAM   Assam Chief Minister Sarbananda Sonowal pledges to serve the farmers on priority under APART project   Enveloping Assam’s ‘agri-business’ by focusing on farmers income, Chief Minister Sarbananda Sonowal directed to make farmers’ interests a priority. He advocated priority outlining and creation of adequate amenities for the farmers under the Assam Agri-business and Rural Transformation Project … Read more

13.12.17 APSC (Assam) Current Affairs

ASSAM   Assam to host its first global investor’s summit in Feb   Assam will host its first global investors summit in February to showcase its manufacturing opportunities and geostrategic advantages to foreign and domestic investors.   Industrialists Ratan Tata and Mukesh Ambani will be amongst those participating in the February 3-4 ‘Advantage Assam: Global Investors Summit 2018’, which will … Read more

Miscellaneous Facts:

Miscellaneous Facts:   India’s GDP per Capita 622 (US $ PPP). It is 684 US $ for Pakistan.   The top 3 countries with external debt are Brazil (235 billion $), China (193 billion $) & Russia (175 billion $). India is 9th with 112 billion $.   Functional employment occurs when people change from … Read more

Commissions/Committees & Their Purpose

  Commissions/Committees & Their Purpose Arjun Sen Gupta   Public Sector Enterprise Autonomy Committee         Rangarajan Committee   Disinvestment of PSUs & Balance of Payments. Malhotra Committee   Insurance Sector & its regulation. Follow up led to setting up of IRDA. Madhukar Committee   Gold exchange traded fund implementation. L.C. Gupta Committee … Read more

Four Modes of Services under GATT

  Four Modes of Services under GATT Mode 1 Cross border trade, which is defined as delivery of a service from the territory of one   country into the territory of other country; Mode 2 Consumption abroad – this mode covers supply of a service of one country to the service   consumer of any … Read more

Direct & Indirect Taxes

    Direct & Indirect Taxes   Direct Tax   Indirect Tax     Corporation Tax   Excise Duties     Income Tax   Service Tax     Interest Tax   Central Value Added Tax (Vat)     Expenditure Tax   Sales Tax     Wealth Tax   Property Tax     Gift Tax   … Read more

Components of Money Supply

    Components of Money Supply   M1 Consists of currency with the public (ie notes & coins in circulation minus cash with the banks)   plus demand deposits with the bank (deposits which can be withdrawn without notice) plus   other deposits with RBI (usually negligible). Also called narrow money M2 M1 + saving … Read more

Organizations & Their Survey/Reports

Organizations & Their Survey/Reports 1. World Economic & Social Survey U. N 2. World Investment Report UNCTAD 3. Global Competitiveness Report World Economic Forum 4. World Economic Outlook IMF 5. Business Competitive Index World Economic Forum 6. Green Index World Bank 7. Business Confidence Index NCAER 8. Poverty Ratio Planning Commission 9. Economic Survey Ministry … Read more

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