APSC Mains 2024 Notes
Get topicwise printed notes for APSC Mains Exam 2024 developed by experienced faculty of PSCNOTES.APSC Prelims and Mains Notes, APSC Test Series
Fiscal Responsibility and Budget Management Act The FRBM Act 2003 in its amended form was passed by the government to bring fiscal discipline and to implement a prudent fiscal policy. High fiscal deficit was the one major macroeconomic problem faced by Indian economy around 2000. It was argued that high deficits lead to inflation, reduces … Read more Fiscal Responsibility and Budget Management Act
: Government budget is the annual financial statement presented by the finance minister which contains the following figure: Actual estimate for FY 2017-18 Budget estimate for FY 2018-19 and Revised estimate for FY 2018-19 Budget estimate for FY 2019-2020 The budget is divide into two parts: Revenue budget Capital budget
Full Budget deals with both expenditure and revenue side but Vote-on-account deals only with the expenditure side of the government’s budget. The vote-on-account is normally valid for two months but a full budget is valid for 12 months (a financial year). As a convention, a vote-on-account is treated as a formal matter and passed … Read more DMPQ- What is the difference between full budget and vote on account?
The key highlights of union Budget 2019 are given below : A 10-point Vision for the decade Building Team India with Jan Bhagidari Minimum Government Maximum Governance. To Achieve green Mother Earth and Blue Skies through a pollution-free India. Making Digital India reach every sector of the economy. Launching Gaganyan, Chandrayan, other Space and Satellite … Read more Union Budget 2019- Key highlights and analysis
Highlights of current year’s union budget and its analysis Highlights of the budget,2019 Income up to Rs 5 lakh exempted from income tax Standard deduction raised to Rs 50,000 from Rs 40,000 Direct tax proposals to provide Rs 23,000 cr relief to 3 crore taxpayers Persons with gross income up to Rs 6.50 lakh not … Read more Mains Booster-Highlights of the budget,2019
The ultimate source of atmospheric energy is in fact heat and light received through space from the Sun. This energy is known as solar insolation. The Earth receives only a tiny fraction of the total amount of Sun’s radiations. Only two billionths or two units of energy out of 1,00,00,00,000 units of energy … Read more Insolation,heat budget of the earth