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Ripons resolution was regrding ? Ripon Resolution of 1882, which called for local bodies to be elective and independent of outside control. . LORD RIPAN N Smacharptro ko bahal kr 1888 me vrnakular pres act lagu kiya. ..sivil seva me age 19 se 21 kiya.. sthaniy swasasn ki suruwat.. 1881 niymit jngadna... Feb 11 , 1946 ..n imp upsurge took plce..wat was it ? **The Revised Standard Version of the New Testament was formally introduced by the International Council of Religious Education at its 1946 meeting, at Central High School in Columbus, Ohio . Rioting began in India after Rashid Ali, an officer in the resistance group the Indian National Army , was sentenced by the colonial authorities to seven years in prison. The Yalta Agreement was published one year to the day after it had been signed, in simultaneous releases in Washington, D.C. (9:00 am), London (2:00 pm), and Moscow (5:00 pm). What was the 3rd June plan ? 10th may balkan plan n then 3rd june plan by lord mountbatten. Plan to transfer power to interim govt. What was the Plan Balkan ? dickie bird plan is also known as Plan Balkan.This plan was mooted by Mountbatten prior to his famous 3rd June plan. In dickie bird plan it was decided that instead of giving sovereignity to a common center, all the existing states be rendered free.Thus getting a large no. of sovereign

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Ripons resolution was regrding ? Ripon Resolution of 1882, which called for local bodies to be elective and independent of outside control. . LORD RIPAN N Smacharptro ko bahal kr 1888 me vrnakular pres act lagu kiya. ..sivil seva me age 19 se 21 kiya.. sthaniy swasasn ki suruwat.. 1881 niymit jngadna...

Feb 11 , 1946 ..n imp upsurge took plce..wat was it ?

**The Revised Standard Version of the New Testament was formally introduced by the International Council of Religious Education at its 1946 meeting, at Central High School in Columbus, Ohio. Rioting began in India after Rashid Ali, an officer in the resistance group the Indian National Army, was sentenced by the colonial authorities to seven years in prison. The Yalta Agreement was published one year to the day after it had been signed, in simultaneous releases in Washington, D.C. (9:00 am), London (2:00 pm), and Moscow (5:00 pm). What was the 3rd June plan ? 10th may balkan plan n then 3rd june plan by lord mountbatten. Plan to transfer power to interim govt.

What was the Plan Balkan ? dickie bird plan is also known as Plan Balkan.This plan was mooted by Mountbatten prior to his famous 3rd June plan. In dickie bird plan it was decided that instead of giving sovereignity to a common center, all the existing states be rendered free.Thus getting a large no. of sovereign

territories in the country of present similar to the Balkan peninsula where a large no of contries exist which were taken out of the original countries. 10th may 1947 by lord mounbatten. First plan What was the Nehrus dominant strategy of S T S ? struggle truce and struggle for Gandhi

We divide and they rule Who said this ? Maulana Muhammad Ali Who founded the.Mitra Mela ? **Veer Savarkar established an organization by the name of 'Mitra Mela' in 1900 which influenced the members to fight for "absolute political independence" of India.and in 1904 he changed it name to abhinav bharat When did Surat Split took plce nd why ? 1907 controversies between extrimist and moderate Surat split is an important event in the modern history of India. It took place in 1907 when the moderates parted company with the Extremists. The split in the congress was due to many reasons. The Moderates had controlled the congress from its very beginning and had their own ways of thinking and doing which were not acceptable to the younger generations who were impatient with the speed at which the moderates were moving and leading the nation. The differences between the two were inevitable and the split took place in the year 1907. Congress leaders used Hume as the "lightning conductr"...justtify the

sratemnt he is the base for foundation for the Indian national congress ..He put all the effort before british to keep them as interlink for the government

Who founded the Darul Ulum ..where ? it is an Islamic school in India where the Deobandi Islamic movement was started. It is located at Deoband, a town in Saharanpur district of Uttar Pradesh, India. Who wrrte Bandi Jivan ..nd who Pather Dabi...itzz impct ? sachindra sanyal , It deals about the Cellular jail in andaman Pather Dabi... sarath chandra chatopadhyay Its against social evils Who was Azimullah ..wrt Nanasaheb ambassadar of 1857 revolution,,,in the nanasahib army a leading role...a great young warrior What did Lord Birkenhead challenge Indians ? can anyone create a own constitution in india..which was replied by a report by Motilal Nehru /?

Lord Birkenhead Challenged Indians by saying " IF THEY HAVE ANY POLITICAL CAPABILITY AND COMPETENCE THEN THEY SHOULD FORM A UNANIMOUS CONSTITUTION AND PRESENT IT TO US AND WE WILL IMPLEMENT IT "To answer the challenge of Lord Birkenhead , First and Second All party Conference was Held at Delhi on 12 Feb and 19 May , 1928 . A 7 membered Constitution commity was formed in the conference . It had only 2 muslim representatives , namely Mr.Ali imam and Mr.Shoaib Qureshi

SUGGESTIONS OF NEHRU REPORT : 1 . Ending of Separate Electorate . 2 . Ending of more Muslim Seats than Population . 3 . Ending of more Seats than Population . 4 . Refusal to give 1/3 Representation to muslim in the center . 5 . Separation of Sind From bombay (Mumbai) 6 . Suggestions of Reforms in N.W.F.P province and Aviodness from Balouchistan . 7 . Demand of Strong Central government . 8 . Demand of ordering of the Colonial Rule Wrte abt the Indian National Conference ? It was done by in 1883 SN Banerji....at kolkata.... it is the session conducted by the Indian Association N after that..national congress was founded..... What was the outcome of the Tripuri session of the Congress hld in 1939 ? haripuri 1938 and tripuri 1939 bose proposed\ the national wide struggle sirji in Haripura so gandhi decided not to elect him next year as u know in 1939 what happend Bose came out of congress , next year gandhi and his followers decided not to elect in the tripura session of the INC that's about to happend and gandhi appointed Sitaramiah as his representative but sitaramiah lost his election to INC presdent Bose was elected with good majority hence Gandhi agreed the defeat of Pattabhi sittaramiah's is my defeat hence he wants to come out of cogress and the session was interrupted Bose concluded there is no place for socialistic ideology in the congress and came out in 1939 from the congress

sc bose left cong **elected by defeatimg P sittramya. But left INC to

form forward block During the Cripps missoon 1942....autonomy of Muslim majority provincs was nt considered...t/f ? false When did Netaji reach Japan ? ? 6 May, 1943 from there he went to Singapore there he gathered the POWs of Japan. and organized the Indian National Army, which was the group already formed by Captain Mohan Singh .He took the help of rash behari bose . he reorganized the troops and formed Jhansi regiment and regular troops ..Jhansi regiment is women's army.. Bose declared that India is free also known as Azad Hind Movement, he gave his famous call give me ur blood I will give ur freedom he established the provisional government in Burma it is recognised by China and Russia.. ..he captured Andaman and Nicobar and he named them as shaheeed and swaraj when Japan was surrendered to the axis powers automatically Bose's strength also declined

28 mnths of Congress rule in provinces...elaborate this ? In d govt of india act 1935,der was a claus of assembly elections,in which congress decided 2 take part which was held in 1937.congress created a historical win nd rule 4 28 months......... Dey create an example 2wards british govt nd indian public hw 2 rule 4 d welfare of janta.....nd ofcorse dey presented sketch of future govt of india after

freedom......great work by provice's pm.... Why were the Tabligh and Tanzeem mvmnts startd by Muslms ? Indulal Yagnik is related with ? member in Servants of India Society , Home Rule Movement.In 1918, he participated in the Kheda Satyagraha led by Gandhi The Indian League was found by ? Sisir kumar ghosh in 1875 **sisir kumar ghose founded it in 1875 iit wants to stimulate the middle class intelligentia and to promote nationality . Later this organization was replaced by the indian Association

Who described Sati as the murder accordiing to every shastra ? Raja Ram Mohan Roy? Due to his efforts lord bentic declard practice of sati illegal , By regulation no. Xvii, dec. 1829... Name some imp East India Comp officers in the cntxt of Revlt of 1857 ? hugo rose, dalhousie ,Sir Archdale Wilson, Nicholson and Sir John Lawrence . Vaikom satyagraha ws led by ? TK Madhavan, K Kellapam and Kesava Menon led d foundation of vaikom satyagraha. It was the first organized agitation in Kerala against orthodoxy to secure the rights of the depressed classes. Who called Congress a factory of Sedition ? Lord dufferein - Safety valve theory says that Dufferin himself is the source of innspiration to AO Hume to found INC He occupied Burma He found the Imperial Cadet Corps at the same time he enacted the Bengal Tenancy act . first he gave tea party also on the third year of INC

The August offer was made what for ? to provide dominant state after 2nd world war , 8 august 1940. On the eve of battle of britain. For the xpension of general exicutive counsil includin more no of Indians, indian independence League **formed by Ras behari Bose in 1924 Ras Behari Bose after lahore conspiracy case went to Japan, there he is associated with many revolutionary organizations. He integrates all the Indians that went to Japan Indian Independence League is formed Its a source of inspiration for Indians in the South East Asian countries . What was the outcome of the Gandhi Jinnah tlks of 1944 ? Partition of India and 14 august 1947 india was divided in two parts..

This meant, in effect, that power over the whole of India should first be transferred to Congress which there after would allow Muslim majority areas that voted for separation to be constituted, not as Independent sovereign state but as part of Indian federation. Gandhi contended that his offer gave the substance of the Lahore resolution. Jinnah did not agree to the proposal and the talks ended. - a para which explains the end of the talks Who wrote the Gandhi Gita ? Gandhi is right What was the Pagal Panthis movmnt nd wat fr ?

The Pagal Panthis were a socio-religious order that emerged in the late 18th century CE in the Mymensingh region of Bengal (now located in Bangladesh). Adherents of a syncretic mixture of Hinduism, Sufism and Animism, the order sought to uphold religious principles and the rights of landless peasants in Bengal; under the leadership of Tipu Shah, the

movement soon evolved into a popular, armed struggle against British Raj and the zamindar (landlord) system.

Sishir Kumar Ghosh wrte which newspaper ? Amrutbazar patrika, (weekly) , (vrnakulr press act k karan bngla se engilsh me prkasit hua.) What were the recommndations of the Royal Commission of Decentralisation 1918 ? commission laid stress on the improvement of Village Panchayats and Sub-District Boards...starting from ripon,,this is on of the commission laid the growth for self govt a. Summarise jurisdiction in petty civil and criminal cases; b. Acquiring of expenditure on village cleaning and menial village works. c. Construction, safeguarding and supervision of village schools; d. Managing of small fuel and fodder reserves etc. Above all, for proper operating of Village Panchayats, these should be given enough sources of income and intervention of district officers should be restricted. safety valve theory says that after the revolt of 1857 there is a strong feeling of nationalism is developing among middle classes and upper classes. hence it shall be properly channelized and nullified. So that a platform shall be made for this intelligentia and it shall be under the auspicious guidance of government. for this purpose A civil servant of East India was choose n by Dufferin He established INC INC is a media via which the leaders shall submit their grievances through constitutional means not on violence base

all this is corroborated by the official documents later produced by the bala Gangadhar tilak. Shivajis Utterences was a poem writtn by..fr which he was arrested ? lokmanya tilak.. Why were the Tabligh and Tanzeem mvmnts startd by Muslms ? /? they were antagonistic to the proselytizing activities of arya samaj. to covert hindu into muslim we can say ...... Its a part of the Deoband movement point of order-: a debate whether the correct procedure is called or not. It checks the proceedings are managed according to the Parliament procedure or deviated from it.. CJI-1 lac : President-1.5 lac :Vice-P 1.25 lac : Governer-1.10 lac : Other judge of supreme court-90,000 Vice President gets salary for which pos.? chairman of Rajyasabha (Article 89) Part V art 90------ it deals with the resignation of Rajya sabha chairman Wat r dolines nd uvala ? dolines means funnel- shaped. When two or more dolines encroach on each other, and merge, they may form an uvala. Uvala is presnt in mouth... It is in centre with conic representation and plays imp role in human voice. Uvala is presnt in mouth... It is in centre with conic representation and plays imp role in human voice.

Wat is a neap tide..whn does it occur /?

in the first and third quarters of the moon in a month , d it happens whn moon to earth nd sun to earth are in 90 degree.......nd creates minimum diffrence due to gravitational pull.... Kashinath Trimbak Telang ji se related likho He was the first secretary of INC. Nd was indian judge at BHC. Nd v.c of bombay univ. Onges r tribes frm andaman and nicobar Chidiya Tapu--- Andaman nd nicobar Yamini krishnamurthy reltd to whch dance.----- she was adroit both bharatnatyam nd kuchipudi.......recently she released her autobiography passion of dance cane sugar contains sucrose Lrgest wldlife sanctuary in India ? Xplin the term Haemotopoiesis- Proces f forming blood cells. Nd it is an ongng process throughout its life. menhirs ?------- Large upright standing stones Wen did Marco Polo cme in India marco polo visited india twice in 1288 and 1292 in south indi 7th Schedule ? concurrent list Union list(97), State list(66), Concurrent list(47).. :) Reserpine-- Hypertension....Natural alkaloid

Westerly winds flow btween latitudes ? 30 to 55 N nd S Tors..?..geog trm hai Rock outcrop's perhaps Wen cn mney b drawn frm Consolidted fund of India from unseeen and unexpected expenses like natural disaster on the permission of president. But later the approval has to be taken for parliament

What are orphan crops ? Which are typicaly not traded as internationaly bt plays imp role fr famers.

What is the difference between Devaluation nd Depreciation ? devaluation is done by RBI in case of Rupee whereas depreciation is automatic What is vote on account and interim budget ? VOA is budget presented before time due to elections ahead. Interim budget means budget during (in between) the financial years when vote on acc was introduced then the income would come from where..???

Tarapore Committee recommendatiions ?? recomended capital accout convertibility.

Wood charcoal hw is it prepard destructive distillation of wood Wat r Barbiturates Barbiturates are sedatives. They are among the most versatile depressant drugs. They are man-made. They depress the central nervous system (CNS): the brain and the spinal cord. Derivatives of Barbituric Acid which is condensation product of Malonic Acid & Urea.used as hypnotics sedatives and as anaesthetics. Wat is Isostacy ?? Isostacy is a geophysical phenomenon describing the force of gravity acting on crustal materials of various densities (mass per unit volume) that affects the relative floatation of crustal plates. Isostasy specifically describes the naturally occurring balance of mass in Earth's crust. Natural equilibrium between earth's upliment and earth's sinking landforms it is a term used in geology to refer to the state of gravitational equilibrium between the earth's lithosphere and asthenosphere such that the tectonic plates "float" at an elevation which depends on their thickness and density Vice Pres has to deposit hw much fr election as security

15000. Where is Golaghat port in assam Anticyclones r centres of high pressure ..t/f true Guillotine--- Voting of demands is alloted 26 days of time after which speaker of lok sabha on the last day puts up all the daemands at once to vote n dispose the off whther discussed or not...This is guillotine.. dr.guillotine invented guillotine.. at d tym of old regime in france... it was used to de-head d culprits Electricity is req in Elctrochmicl prcess...true or false false...chenical reactionz are carried out to produce electricity.... In electrochemical process.

] Wat is Geriatrics Geriatrics or geriatric medicine is a sub-specialty of internal medicine and family medicine that focuses on health care of elderly people Wt is RNAi Lentiviral delivery of designed shRNA's and the mechanism of RNA interference in mammalian cells. RNA interference (RNAi) is a process within living cells that moderates the activity of their genes. LSD full frm----- Lysergic acid diethyl amide, laser sensing diode

Wat Is a heat budget Incoming heat being absorbed by the Earth, and outgoing heat escaping the Earth in the form of radiation are both perfectly balanced. If they were not balanced, then Earth would be getting either progressively warmer or progressively cooler with each passing year. This balance between incoming and outgoing heat is known as Earths heat budget. Varlis are tribes frm ?? mahasrashtra and gujarat border Philadelphia is well knw fr 5th most populus country of usa. Knwn fr art and culture. Also knwn as 'the city of neighbourhood If u say against SC ..i mean court of contmpt..toh kya saja hoti hai ? It depand on justice if a person apololise than they free of without any charge but last case a was contampt of court they punished 2 months jail and 2000 rs. The Speaker cn prorouge the loksabha..true or flse The President has the power to summon and prorogue either House of Parliament or to dissolve Lok Sabha. Frst Opposition leader of LS was ? akg from ..communist party . Rural sanitation is in Concurrent list..true or flse t

The summer monsoon are drivn by two primary heat sources...which are they ? Sensible heating of asian land mass and consesational heating within troposphere over asian land plateau.

Which Ministry has launched by the National Monsoon Mission ? Ministry of earth science on 12 may 2012 Hw much is the budget fr National Monsoon Mission...apprx ? The Mission has a budget of Rs.400 crore for five years to support the research work related to the mission. The National Monsoon Mission after its implementation will help to implement a dynamic prediction system for the prediction of monsoon in all time scales, short range to seasonal time scale at appropriate spatial scales with improved prediction skill. The forecasts based on this prediction system will cater to the needs of various sectors like agriculture, water resources management, power generation, disaster management, tourism and transport.

Indian Institute for Trpicl Metrology.. The Indian Institute of Tropical Meteorology or IITM is a scientific institution based in India for expanding research in meteorology of the tropics in general with special reference to monsoon meteorology of India. The current director of IITM is Prof. B.N. Goswami.

Established ---->1962 at pune

What is the CFS.model version 2.0 The Climate Forecast System (CFS) version 2 was developed at the Environmental Modeling Center at NCEP. It is a fully coupled model representing the interaction between the Earth's oceans, land and atmosphere. It became operational at National Centers for Environmental Prediction (NCEP) in March 2011. If a drought comes in our nation...hw much does It. Affect.our GDP ? Treaty of Versailles signed after the first world war between victorious countries and the vanquished Germany,it was a humiliating treaty for the later,which inturn sowed the seeds for WWII..! Hudson Bay ..?? northern Canada, known for high tides bcz of capillary effect largest bay Who z introduced d 1st printing press n india? Jesuit missionaries introduced the first printng press in India. They are from Portugal. all Indian trade union congres ? AITUC was founded by N.M. Joshi & Lala Lajpath Rai at Bombay in 1920. Lajpath Rai was 1st president and Diwan Chamanlal was 1st secretary. Bombay plan ? Its plan developed by eight industrialists, for the development of post

indepedent economy, Jehangir Ratanji Dadabhoy Tata, Ghanshyam Das Birla, Ardeshir Dalal, Sri Ram, Kasturbhai Lalbhai, Ardeshir Darabshaw Shroff , Purushottamdas Thakurdas and John Mathai. Valentinr Chirol aur Tilak ?? Chirol commented Tilak as thefather of indian unrest, in his book the Indian unrest. Tilak laid a civil suit against him in England Kol uprising was led by?? The Kols uprising affected chota Nagpur region, and it is lead by Buddho Bhagat.

Champaran movemnt ? The first Satyagraha that was launched by MK Gandhi in India. The poor farmers were forced to cultiivate Indigo Plants in their farms under the Tinkathia system. They revolted against this In 1916, Rajkumar sukla took Gandhi to Champaran. Gandhi was followed by Rajendra Prasad, Anugrah Narayan Sinha Acharya Kripalani. Nil Darpan ? It was a book written by Dinabandhu Mitra depicting the exploitation of indigo planters in Bengal. Imperial Cadet Corps ?? the British were keen to keep an Indian aristocratic class on their side, Lord Curzon introduced the ICC (Imperial Cadet Corps) or ISC (Imperial Service Corps, ) in 1901, in which the sons of Princes and the wealthy classes more generally could assume officer ranks. It was designated His Majestys Native Indian Land Forces.

Imperial service Troops ??? These were created by the Princely states. They stood beside the Indian army and they provide their services in times of need. aligarh movement/??

It was started by Sir syed ahmed Khan by establishing the Aligarh Muslim university in 1875. Earlier it was known as Anglo Mohammadan college. Servants of India society ? formed by gopal krishna gokhle in 1905 at bombay and its aim was to train indians in different fields for the service of motherland Which among these were the journals published by Annie Besant? 1.new india 2.hope 3.common will 4.say it india New India nd Common will. The newspaper vande matram was published by whom

Vande Mataram' was a very popular newspaper in Bengal. The great patriot Bipinchandra Pal had started the paper. Missionaries of Charity ? kolkatta,started by mother Theresa

"Varkri " instituted by whom ?? varkari means a worshipper of Vithoba of Pandarpur started by Gnaneshwara, perfected by namadeva. Tukaram comes afterwards.... VARI - Means Pilgrimage. Kari means, one who is going. => VARKARI first meeting of the Indian National Congress held ? Gokul das tejpal college, bombay,1885 lord dufrin was the viceroy. 78 persons attended the meeting. w c benarji was the first president 1st Swadesi dacoity in 1906 a.Manikatla b.Rangpur c.midnapur d.muzaffarpur b.Rangpur is ans its all about getting finances to Kill the Judge. But that attempt failed. It is the first dacoitting that took place. It even does not took place just they planned in Rangpur Brahmo marriage act when ?? 1872 to legalize the Brahmo marriages. Its the result of the fight for the legalization of Brahmo marriages, as they are not come under the umbrella of Hinduism and are free from religious rituals. 1st english evening daily newspaper from Madras a.madras mail b.madras standard c.madras chronicle d.madras herald Madras Maiil Who represented the Indian National Congress in Partition

Council headed by Lord Mountbatten ? ? Jawaharlal Nehru nd Sardar Ballabhbhai Patel. Which general defeated Rani Lakshmibai? ? hughes rose what is the difference between a province and a colony ... Provinces r states of a country. They are part of the state and they enjoy all the independence as a part of the country where as a colony is nothing a perpetual source of raw material to the parent country and serves as a market. They are not part of the country they have no indepence. In neo colonism colonies can be also called third world countries which are dumping grounds for the developed nations Indian Antiquary(journal) was issued by ........... ? Royal Anthropological Institute of Great Britain and Ireland ...... burgess sirji koya revolt ? it occurred in 1879-80 in the eastern godavari track of AP and also affected some portions of Malkangiri district in Orissa, as they are bordered areas. Its heart lay in the Rampa country of Chodavaram where tribal koya and konda Sara hll chefs had risen against their overlord in 1803, 1840, 1845, 1858, 1861 and 1862. The 1879-80 rebellion was led by Tomma Sora and reflected problems faced by tribals, like erosion of customary rights over forests, police exactions, exploitation by money lenders, and new excise regulations restricting domestic production of toddy. Toma sora was hailed as the king of Malkajgiri. It affected nearly 5000 sq miles. Sora was shot dead by the police. In 1886 another revolt took place under Raja Ananta Ayyar. Tattvabodhini Sabha? Devendranath Tagore Tattvabodhini Sabha in 1839 and published

Tattvabodhini Patrika, a Bengali monthly to propagate the ideas of Raja Rammohan Roy. In 1859, the Tattvabodhini Sabha was amalgamated with the Brahmo Samaj. Madan MOhna malviya was popularly called 'Mahamana'? y ? write their contribution with respect to indian freedom moment Religion and Education are the two areas that MMM are intersted of. After graduation in 1884, Pandit Madan Mohan joined Govt high school at Allahabad as an assistant master. Being in government service did not prevent him from participating in political movements and he soon joined the fold of the Indian National Congress He was one of the very few individuals who were honoured by the Congress by being elected as its president three times, the first at the Lahore session (1909), the second time at Delhi (1918)and the third at the Calcutta (1933). He could not, however, preside over the 1933 sessions as the meeting was banned and he was arrested even before he reached Calcutta His most ambitious projects and one whose realisation was described by Mahatma Gandhi as his chief contribution was the founding of the Banaras Hindu University. Following the Jaliyanwala Baug episode, the government appointed the Hunter Committee to enquire into the Punjab disorders and followed it up with the indemnity bill. The nations protest against this found its voice in the speech of Pandit Madan Mohan in the legislative council of which he was a member. He was later elected President of the Jaliyanwala Baug Memorial Committee. Pandit Madan Mohan Malviya accompanied Mahatma Gandhi to the Second Round Table Conference in 1933 He also played an important part in the removal of untouchability and in giving direction to the Harijan movement. The Harijan Sevak Sangh was founded at a meeting in 1933 at which Pandit Malviya presided. He was a member of the Indian Legislative Council from 1902 to 1912 and from 1924 to 1930

Theosophical Society was founded in 1875, at (a) Madras (b) New York (c) Bombay (d) Calcutta b is righ ans Theosophical Society--------an organization formed in 1875 to advance the spiritual principles and search for Truth known as Theosophy **. The original organization, after splits and realignments has (as of 2011) several successors. ** Theosophy is an active philosophical school today, and through a process of schism has also given rise to other mystical, philosophical and religious beliefs and organizations. **formed in New York City, United States, in November 1875 by Helena Blavatsky, Henry Steel Olcott, William Quan Judge and others. Annie Besant, a British lady, was first woman President of Indian National Congress(INC). Who was the first Indian woman President of INC ? Sarojini Naidu, 1925 Kanpur session of INC. Which one of the following pairs is not correctly matched? (A) Hindu Marriage Act -1956 (B) Hindu Succession Act -1956 (C) 73rd Constitutional Amend-ment -Reservation of seats for women at the local level elected bodies in urban areas (D) Sati (Prevention) Act -1987

(A) Hindu Marriage Act -1955 not 56 so a is right First China War was fought between A. China and Britain B. China and France C. China and Egypt D. China and Greek First Anglo-Chinese War (183942), also known as the First Opium War China and Britain due to the trade reverses between Chinese and British people. The BOP is in favour of Britain, participating USA also in the competition decreased the price of opium. People are much more affected with this narcotic. Hence the Qing dynasty want to eliminate the trade and asked to surrender all the opium chests first round table conference ----------in jan 1930 Gandhi - Irwin pact was held -----------in march 1931 second round table c was ------------ sept 1931 macdonald award in august--------------- 1932 puna pact in ---------------------------------sept 1932 third round table conference --------------------------now 1932 which one among the following was part of Gandhi-Irwin Agreement of 1931? a) stern action against policemen guilty of brutal assault on satyagrahis b) nehru to represent congress at the Round Table Conference of 1931 c) deletion of Communal question from the agenda of the conference d) Release of Political prisoners excepting those guilty of arson and violence option d is right

Following are the salient points of this agreement: The Congress would discontinue the Civil Disobedience Movement. The Congress would participate in the Round Table Conference. The Government would withdraw all ordinances issued to curb the Congress. The Government would withdraw all prosecutions relating to offenses not involving violence. The Government would release all persons undergoing sentences of imprisonment for their activities in the civil disobedience movement. The title of 'Viceroy' was added to the office of the GovernorGeneral of India for the first time in A. 1848 AD B. 1856 AD C. 1858 AD D. 1862 AD

Lord Canning was the first Viceroy of India. The title of Viceroy was created in 1858 after the mutiny of 1857. The post viceroy was created through the Queen's Proclamation of 1858 What are exotic species ?

What was the policy of Masterly Inactivity ? Its the policy of Lord Lawrence towards afghanistan it means not to avoid completely but to observe carefully and not to be active in the affairs.......implemented in 1866?

What are exotic species ? a species whch z nt native to a particular place and is introduced from some other place.

Cheetal belngs to endangered species....t/f False,coz it belongs to extinct species What is Cloud Seeding ? Cloud seeding, a form of intentional weather modification, is the attempt to change the amount or type of precipitation that falls from clouds, by dispersing substances into the air that serve as cloud condensation or ice nuclei Savanna region are located on eithrr side of Equatorial Forest Region....t/f True Bharatnatyam includes 'tillana ' nd 'jatiswaram'....t/f F hai...yeah sb kuchipudi me rehta hai Who said Go bck.to Vedas ? Swami Dayanand Saraswati. He also founded Arya Samaj in 1875. Hw is CRR a weapon of cntrl of money supply ...explain ? if crr increased by rbi, banks will have to keep more money wid rbi as reserve, as a result money in mkt will decrease thereby inflation control and vice versa... What is LAF wrt to RBI ? Liquidity Adjustment Facility.RBI gives loans to banks to adjust their daily mismatches at a repo rate through repurchase agreement. Force of attraction between unlike molecules is clled cohesion...t/f false.

Between same its cohesive. Between different its adhesive Who believe dat God is Mashuq ?(lover) Sufis What is Inclusive Governance.? Inclusive Government means when the government works for all society and relgeion and towards the one caste,commnunity and greed] it includes the opinions of all in collectiveness it is +ve n nature not negative it provides vent to everyone What was the Policy of Ring Fence ? The Britishers were trying to control ports and coastal towns of India. Rai Durlab is related wit.? battle of plassey NATO was originally fr first time was formed for wat ? North atlantic treaty organisation was found in 1949. NATO as revealed by the founding members was primarily formed to give a boost to the post war economic condition of the founding members and retain their superiority,but the later developments suggest that it had many hidden agendas including the combined strtegy to contain soviet union on all fronts during the cold war period and later it diversified itself suiting to the unbalancec geopolitical equation of the world and is still a dominant force in world politics! Operation Meghdoot ? 1984 when indian army occupied siachin glacier, making it highest battlefield on earth Where is the National Biodiversity Authority estd Biodiversity Act 2002;

NBA 2003 in Chennai Tamil Cheetah is naturally found in India...true or false ? Cheetahs r found in wild only in Africa, but in the past their range extended into northern India and Iran. Webley Commission was setup for wat reason ? Moderates ki maang par to chck expnditure it was setup Hassan Musa Award is given for ? Asian Squash Team Championship. Why was Thummalapalle in.newzz ? it was in news for bring potential the largest source of Uranium. According to estimates the amount was 1.5 Lakh tonnes

Why is Mukul Mudgal mking newzz wrt Maldives ? Commission bna hai to chck into President elction in Maldives...ink under..he is frmer Punjv Haryna HC judge Delhi has how many LS seats.? 007 RISAT 1 is placed at height of 536 km..t/f True Article 80 says that ? Composition of the Council of States Janani Suraksha Yojana is Centr as lly sponsored 100 %..t/f ? JSY is a 100 % centrally sponsored scheme and it integrates cash

assistance with delivery and post-delivery care. What all did BR Ambedkr found ? He launched a newspaper called "Mooknayaka" (leader of the silent), and in 1936, he founded the Independent Labor Party .... Parlimnt has three wings..which r thy ? Art 79 ...LS RS nd Presidnt

first Attorney General for India ? M.C. Setalvad was the first Attorney General of India. He served from 1950 till 1963. He was also the Chairman of the first Law Commission of independent India which was established in 1955. There are a total of 24 Departmentally Related Standing Committees (DRSC) .. t or f? A full-fledged system of 17 Departmentally Related Standing Committees came into being in April, 1993 covering under their jurisdiction all Central Ministries/Departments. The system was restructured in July, 2004 whereby the number of DRSCs was increased from 17 to 24 and the membership of each DRSC has beenreduced from 45 to 31 members. Peel Commission ? Commission set up by england to demarcate the boundaries between the lands of jews and the arabians in palestine. Narasimham Committee ?/? Narasimhan committee pertains to banking sector reforms. It is appointed twice under the same person. The first committee was appointed in 1991 and the second committee was appointed in 1988

Narasimhan committee I - recommended reduction of SLR and CRR. The interest rate shall be done by the market forces, not by the authorities, banking sector shall be reorgnized, Three to four big banks including SBI should be developed as international banks. Eight to Ten Banks having nationwide presence should concentrate on the national and universal banking services. Local banks should concentrate on region specific banking. Regarding the RRBs (Regional Rural Banks), it recommended that they should focus on agriculture and rural financing. The committee recommended the establishment of an Asset Reconstruction Fund (ARF). It recommended that the RBI should be the only main agency to regulate banking in India. Narasimhan Committee II recommendations - it recommended 'Narrow Banking Concept' where weak banks will be allowed to place their funds only in short term and risk free assets. It suggested again the merger of weaker banks into larger banks. It recommended to raise the CAR.The committee considered that there was an urgent need for reviewing and amending main laws governing Indian Banking Industry like RBI Act, Banking Regulation Act, State Bank of India Act, Bank Nationalisation Act, etc Sarkaria commission ? Headed by retd supreme court judge Rajender Singh Sarkaria, the commission was set up by central govt in jun 1983 to study and report the balance of power shared by the centre and states and to recommend necessary constitutional changes. Bansal Committee ? Relating to education or below 6 years of age **PARLIAMENTARY COMMITTEES IN INDIA** Overview

Since Parliament needs to perform substantial functions in limited time, it cannot go into the details of every legislative and other matter that comes before it For this reason, Parliamentary Committees are constituted to study in detail the legislative and other matters that come before Parliament Committees can be appointed in both Houses of Parliament, and their roles and functions are more or less similar Functions of the Committees To consider the Demand for Grants of various Departments/Ministries and make reports to the Houses To examine Bills that are referred to the Committee by the Lok Sabha or the Rajya Sabha To study annual reports of various Ministries and Departments To consider policy documents presented to the Houses if/when referred to the Committee by the Lok Sabha or Rajya Sabha _______________________________ TYPES OF COMMITTEES 1.Ad hoc Committees They are appointed for a specific purpose and cease to exist when the task is finished They can either belong to one particular Parliament House or be a joint committee There are two types of Ad hoc committees Committees appointed either by a motion in Parliament or by the Speaker/Chairman to enquire into a specific subject Select or Joint Committees on Bills. These Committees are constituted to study and report on specific Bills Examples of Ad hoc Committees: Committees on Draft Five Year Plans, Railway Convention Committee, Fertilizer Pricing Committee etc 2.Standing Committees

Standing Committees are Committees appointed every year or periodically, and their work goes on in a continuous basis The three most important Standing Committees (which deal with finance) are worth special mention Committee on Estimates Committee on Public Accounts Committee on Public Undertakings Additionally, there are 24 Departmentally Related Standing Committees that deal with affairs of a specific Department/Ministry __________________________________________ IMPORTANT COMMITTEES 1. Departmentally Related Standing Committees There are a total of 24 Departmentally Related Standing Committees (DRSC) The DRSCs were first introduced in 1993 in a batch of 17, and a further 7 were added in 2004 Each of these Committees consists of no more than 45 members. 30 are to be nominated from the Lok Sabha and 15 from the Rajya Sabha Ministers are not eligible to be nominated to these Committees The term of the Committee is one year 2. Committee on Estimates Consists of 30 members elected from the Lok Sabha Ministers are not eligible for election to this Committee The term of the Committee is one year Primary functions include report what improvements in organisation, efficiency or administration can be made suggest policies to bring about improvements in efficiency and economy the Committee can select and study estimates pertaining to any Ministry or government body as it may see fit Committee can also examine matters of special interest that come up or

are referred to it by the Speaker 3. Committee on Public Accounts Consists of 22 members: 15 elected from the Lok Sabha and 7 from the Rajya Sabha Ministers are not eligible for election to this Committee Term of office is one year Primary function is to determine if money granted by the Parliament has been spent by the Government within the scope of the Demand The Committee bases its examinations on the Appropriation Accounts of the Government and the Audit Reports presented by the Comptroller and Auditor General The Committee is not concerned with policy, but only with execution of the policy and its results 4. Committee on Public Undertakings Consists of 22 members: 15 elected from the Lok Sabha and 7 from the Rajya Sabha Ministers are not eligible for election to this Committee Term of office is one year Functions of the Committee include Examine reports and accounts of Public Undertakings Examine reports of the CAG on Public Undertakings Examine whether Public Undertakings are being managed with sound business principles and prudent commercial practices The Committee does not examine government policy or day-to-day administration of the Undertakin **PUBLIC FINANCE IN INDIA** Overview Public finance in India comes under the purview of the Ministry of Finance

The Ministry of Finance has four departments Department of Economic Affairs Department of Expenditure Department of Revenue Department of Company Affairs The Ministry of Finance prepares the budget for the following governments Union Government Union Territories Various states, when under Presidents rule

Repositories of public finance Consolidated Fund of India Consists of all revenue received, loans raised and money received in repayment of loans by the Union Government All expenditure incurred by Government is incurred from the Consolidate Fund No money can be withdrawn from this fund except under the authority of Parliament Public Account India Consists of all other receipts such as deposits , service funds and remittances Usually consists of funds that dont belong to the government, and need to be paid back Disbursements from the Public Account do not need authorization of Parliament Contingency Fund of India Contains funds for meeting unforeseen needs including supplementary Demand for Grants The Contingency Fund is placed at the disposal of the President to enable Government to meet urgent unforeseen expenditure Funds released from the Contingency Fund are released pending authorization from Parliament

Sources of Revenue Main sources of revenue are customs duties, excise duties, service tax, corporate and income taxes Non-tax revenues consist of interest receipts (including interest paid by Railways), dividend and profits For states, revenue is mainly from taxes and duties levied by the state governments, share of taxes levied by Union, and grants received from the Union For local body finance, the primary sources are property taxes, octroi and terminal taxes

Sources of expenditure Non-plan expenditure Revenue expenditure: it consists of interest payments, defence revenue expenditure, subsidies, debt relief to farmers etc, and grants to states and Union Territories Capital expenditure: include defence capital expenditure, loans to public sector enterprises, loans to state governments and UTs, and loans to foreign governments Plan expenditure Includes agriculture, rural development, irrigation and flood control, energy, industry, minerals, transport, communications etc

Union Budget The Union Budget is a statement of financial position of the Union Government The objectives of the Budget include Coordination of resources Economic stability Management of public enterprises

Definition of economic policy The first Budget was presented in 1860 The Railway Budget was separated from the General Budget in 1921. However, the Railway Budget is a part of the General Budget, just prepared and presented separately The first Union Budget of independent India was presented by R K Shanmukham Chetty in Nov 1947 The Budget is presented on the last working day of February, and must be passed by Parliament before it can come into effect on April 1 (the start of the financial year)

Kelkar Commission The 13th Finance Commission, with Vijay Kelkar as Chairman was constituted in Nov 2007 The Finance Commission is ordained by Article 280 of the Constitution The main recommendations of the Kelkar Commission include Senior citizens and widows to have exception limit on income tax of Rs 150,000 Three types of income tax slabs: up to Rs 1 lakh (no tax), Rs 1-4 lakh (20% tax), Above Rs 4 lakh (30% tax) Abolition of dividend tax and long term capital gain Income tax on agriculture to be withdrawn Higher duty of 150% for specific agro products and demerit goods Complete exemption of custom duty for life saving drugs, equipment, and defence related goods

Taxes Direct taxes are those taxes in which the burden of tax cannot be shifted from the person on whom it has been levied. Eg: income tax, property tax Indirect taxes are those taxes in which the burden of tax can be shifted. Eg: sales tax, excise duty, entertainment tax

Indirect taxes are the larger source of revenue for the government The ratio of revenue from direct to indirect taxes is usually around 40:60 The largest revenue of the government comes from excise duty

Value Added Tax By definition, VAT is a tax levied on the value added at each stage of production and distribution process. It is an ideal form of consumption taxation since the value added by a firm represents the difference between its receipts and cost of purchased inputs Value Added Tax (VAT) is a general tax on commodities to replace sales tax, surcharge and other entry level taxes levied by the states and Union Territories VAT is levied on sale of all taxable goods. VAT is not levied if sales of goods are not made in the course of furtherance of business VAT is collected in stages: tax paid on purchases (input tax) is rebated against tax payable on sales (output tax). The concept of second sale or resale tax is done away with VAT can be computed using one of three techniques Subtraction method: tax rate is applied to the difference between the value of the output and the cost of the input Addition method: the value added is computed by adding all payments that is payable to the factors of products (wages, interest payments etc) Tax credit method: this entails the set off of the tax paid on inputs from tax collected on sales India uses the tax credit method for VAT computation Advantages of VAT include Tax evasion becomes difficult. Businesses compelled to keep proper record of purchases and sales, and keep a trail of invoices Avoids problem of undervaluing Increase in revenue as tax net widens Uniformity in tax regime avoids confusion Permits easy and effective targeting of tax rates, as a result of which

exports can be zero-rated Parity with tax structures in other countries

Art 21A ,45,51 A ? Article 21A is a fundamental right regarding education. Children six to fourteen years shall provided free and compulsory education Article 45 is a directive principle of state policy, regarding provision for free and compulsory education for the children, who is not justiciable in the constitution 51A fundamental duties NCRWC ? National Commission to Review the Working of the Constitution. Constituted in 2000. what do u mean by federal and non federal charactrrs of the indian constitution ? explain with example Federal features like two governments i.e. state and Central government, lengthiest written constitution, the supremacy of the constitution, rigidity in the amendment procedure of the constitution, independent judiciary and bicameral legislature. Strong centre, single constitution, single citizenship, flexibility of the amendment procedure, integrated judiciary system, appointment of government by the centrl government, all India civil services, emergency provisions etc That's Y KC wheare described Indian constitution as Quasi federal ARTICLE 101 IS DEALS WID ?

vacancy of seats in parliamanet No person shall be a member of both housesof the Parliament or the state legislature The minimum age required for election to RajyaSabha is? 25 years 30 years 35 years 32 years ? yes..............for lok sabhha---25 year rajya sabha ---30 year president ---35 year Shyamal sen committee Related to inclusion of mouzas in the dooars and tarai area into GTA. this committe headed by kolkata high court judge shyamal sen, advocated to include 05 mouzas of the said area into the GTA. public Interest Litigation(PIL) /? A Public Interest Litigation (PIL) can be filed in any High Court or directly in the Supreme Court. The best part of a pil is that, it can be filed by a third party who is not directly affected. Thus, many poor and affected people of india, who can't move to the court are relieved through this measure and many ngo's have helped them out to fight for their right(s). The seeds of the concept of public interest litigation were initially sown in India by Krishna Iyer J., in 1976 in Mumbai Kamagar Sabha vs. Abdul Thai and the Supreme Court in S.P. Gupta vs. Union of India, popularly known as Judges Transfer Case, Bhagwati J "Swabhiman Scheme ?

Financial inclusion of about 5cr households. Whose name is closely associated with the concept of "Pani Panchayat"? A) Markand Khanna B) Arvind Kejriwal C) Medha Patkar D) Anna Hazare E) Vilasrao Salunkhe E) Vilasrao Salunkhe SEWA? Self Employed Womens Association founded by Ela R Bhutt SEWA is a trade union registered in 1972. It is an organisation of poor, self-employed women workers. These are women who earn a living through their own labour or small businesses. They do not obtain regular salaried employment with welfare benefits like workers in the organised sector. They are the unprotected labour force of our country. State Great Hural? mangolian electorial house which amendment has its relation with the golaknaths case In the golaknath case first and seventeenth amendments which are against the f.rs were challenged. Further fourth amendment was also challenged. It majority of the supreme court opined tht parliament had no right to amend any provisions of part III. But even supreme court also confused if it quashes it has social impact. To over come this parliament amended constn and made 24th amendment 36 constitutional amendment is a important amendment how ?

because it gave sikkim a status of full fledge state of the UNION OF INIDIA If a Panchayat is dissolved, elections are to be held within. (a) 1 month (b) 3 months (c) 6 months (d) 1 year ? (c) Duration of Panchayats is five year. Fresh election to constitute a Panchayat shall be completed before the expiry of its term; or in case of dissolution before the expiry of a period of 6 months from the date of its dissolution. Bimal jalan commitee. ? A committee on the governance and ownership issues relating to market infrastructure institutions A.P. Shah committee ? a p shah commitee vas set up for state supression democratic rights of kundakulm,

**Who is more powerfull between legislative and executive organ of govt. Legislative and Executive organs are mutually cooperative organs. One cannot sustain without the other. In the Parliamentary form of democracy parliament is the supreme body. None can overwhelm its place. Executive is nothing but the implementing agency of the legislature. But the recent developments like delegation of authority, the high technicality in the matters of legislations etc., make provisions for the supremacy of executive wing. But clearly legslature controls executive through resolutions, cut motions, committees etc., We can say that the gap between legislature and executive is narrowing but

exeucitve is not more powerful than legislature who is more powerfull between legislature and judiciary organ. ? Judiciary is more powerful than legislature as the laws passed by the legislature are reviewed by the judiciary. Anand Marriage Act, 2012. ? recently pazsed by parliament it has codified procedure of sikh marriages which were earlier done acc. to hindu marriage laws..but other aspects including divorce succession etc are still acc. to hindu laws wht is judicial review in india and frm where we have adopted this Under judicial activism the Judiciary take interest in the social problem nd directs the govt nd investigating agency to work under the order of judiciary. . dopted frm US ? why is article 79 important in indian constitution As per Article 79 ------, the council of the Parliament of the Union consists of the President and two Houses known as the Council of States (Rajya Sabha) and the House of the People (Lok Sabha). Article 74(1) ----------- provides that there shall be a Council of Ministers with the Prime Minister as its head to aid and advise the President, who shall exercise his/her functions in accordance to the advice the wiemar constitution is of which country and frm this constitution wht we have adopted

contribution of other country in making of Indian constitution 1. Fundamental Rights----------- USA 2. The Parliamentary System of Government --------UK 3. Directive Principles of State Policy--------- Ireland (Eire) 4. Emergency Provisions ----------Germany (Third Reich) 5. Amendment Procedure ------------South Africa 6. Permeable To The Constitution of India-------- France 7. Federal Model of Governance---------- Canada frm Germany .......Emergency Provisions we have adopted Article 155. The Governor of State shall be appointed by the President by ............... under his hand and seal. a. Warrant b. Order c. Announcement d. Resolution Warrant lokpal ki avdharna ko konsi country se liya he ? Please explain in detail concept of ombudsman from scandinavian countries. Sweden is the first country who used this concept Norway is the first country n the world which used the concept for children

In India ARC (1966) suggested and the first bill for Lokpal was introduced in the year 1968 shanti bhushan introduce it

Article 148 ????? There shall be a Comptroller and Auditor General of India who shall be appointed by the President by warrant under his hand and seal and shall only be removed from office in like manner and on the like grounds as a Judge of the Supreme Court Article 141: The law declared by the Supreme Court shall be binding on all courts within the..................... a. Country b. Territory of India c. Indian Territory d. Jurisdiction of India The law declared by the Supreme Court shall be binding on all courts within the territory of india.. article 110 talk about about money bill .....same way article 109 talk about? Special procedure in respect of Money Bill. It reads as A money bill shall not be introduced in the council of states After a Money bill has been passed by the House of the people it shall be transmitted to the Council of states for its recommendations and the council of states shall within a period of fourteen days from the date of its receipt of the Bill return the Bill to the House of the people with its recommendations and the House of the people may there upon either accept or reject all or any of the recommendations of the council of states

If the House of the people accepts any of the recommendations of the council of states, the money bill shall be deemed to have been passed by both Houses with the amendments recommended by the council of states and accepted by teh house of the people if the house of the people does not accept any of the recommendations of the council of the sttates the money bill shall be deemed to have been passed by both of the Houses Article 131(1)(c): Subject to the provisions of this Constitution, the Supreme Court shall, to the exclusion of any other court, have original jurisdiction in any dispute - between .............................. a. two or more States b. three or more States c. two States d. three Statesa.

two or more States It says the original jurisdiction of the court - 131(a) - between the Government of India and one or more states; or (b) between teh Governemnt of India and any state or states on one side and one or more other states on the other; or (c) between two or more states, if and in so far as the dispute involves any question (whether of law or fact) on which the existence or extent of legal right depends;

India Inclusive Innovation Fund ? The IIF is part of the National Innovation Council,set up to promote new ideas for inclusive development. The government announced plans to set up an India Inclusive Innovation Fund (IIIF) with a corpus of Rs5,000 crore, to pioneer India-

specific innovation.Finance minister Pranab Mukherjee announced an initial contribution of Rs100 crore for setting up the India Inclusive Innovation Fund, which would promote new ideas. The fund will become operational after accumulating Rs500 crore. The Fund will focus on providing risk capital funding to enterprises that create and deliver technologies and solutions aimed at enhancing the quality of life at the Bottom of the Pyramid. The Fund will support investment at different stages of the enterprise development cycle from early stages, through later phases of scalingup of potentially successful solutions and business models. Marginal Standing Facility

The Reserve Bank of India in its monetary policy for 2011-12, introduced the marginal standing facility (MSF), under which banks could borrow funds from RBI at 8.25%, which is 1% above the liquidity adjustment facility-repo rate against pledging government securities. The MSF rate is pegged 100 basis points or a percentage point above the repo rate. Banks can borrow funds through MSF when there is a considerable shortfall of liquidity. This measure has been introduced by RBI to regulate short-term asset liability mismatches more effectively.

What is Venture Capital Fund?? and why in news today? An investment fund that manages money from investors seeking private equity stakes in startup and small- and medium-size enterprises with strong growth potential. These investments are generally characterized as high-risk/high-

return opportunities. what is Libor ?? The London Interbank Offered Rate (or LIBOR) is a daily reference rate based on the interest rates at which banks borrow unsecured funds... banks charging interset rates on loans with each other Harod Domar model ? It suggests that Capital and Labour are important for an economy to develop. first five year plan

national agriculture coopretive marketing fedration of india ?/ (NAFED) It was established n 1958, to promote Co-operative marketing of Agricultural Produce to benefit the farmers.The objects of the NAFED shall be to organise, promote and develop marketing, processing and storage of agricultural, horticultural and forest produce, distribution of agricultural machinery, implements and other inputs, undertake inter-State, import and export trade, wholesale or retail as the case may be and to act and assist for technical advice in agricultural production for the promotion and the working of its members and cooperative marketing, processing and supply societies in India.

Dirty Subsidy ? Government's subsidy to industries, that promotes wastage of raw materials and energy that leads to environment pollution Which among the following alternative exchange Rate Regime is most popular in the world today?

(A)Free Float (B)Managed Float (C)Crawling Peg (D)Fixed-but-Adjustable Exchange Rate} d ans Limitations of crr? Cash Reserve Ratio (CRR) is used by the RBI to control the supply of money in the economy. The amount of money determinFor example: Let us say the RBI increases the CRR by 0.25%{0.25% roughly equals about Rs8000 crore (Rupees Eight Thousand Crore only).}. This would mean that banks would have to keep more money with the RBI (Rs8000 crore will go into the RBI). This would reduce the money available with them. So this brings down the overall money supply in the market. A lower money supply would raise the interest rates (as demand for money is always high). Now look at the reverse scenario. A reduction in CRR by 0.25% would release Rs 8000 crore into the market. As the money supply rises, the interest rates decrease.es the rates of interest and the prices of different commodities. Accrual Accounting ?

An accounting method that measures the performance and position of a company by recognizing economic events regardless of when cash transactions occur. The general idea is that economic events are recognized by matching revenues to expenses (the matching principle) at the time in which the transaction occurs rather than when payment is made (or received). This method allows the current cash inflows/outflows to be combined with future expected cash inflows/outflows to give a more accurate picture of a company's current financial condition....

Life Insurance Corporation of India (LIC) ? Life Insurane started in India in the year 1818. Oriental Life Insurance company is the first one in India started in Kolkatta. Bombay Mutual Life Assurance Society heralded the birth of first Indian life insurance company in the year 1870, and covered Indian lives at normal rates The United India in Madras, National Indian and National Insurance in Calcutta and the Co-operative Assurance at Lahore were established in 1906. The LIC act was passed in the year 1912 In the Year 1956 LIC was nationalized bout 154 Indian insurance companies, 16 non-Indian companies and 75 provident were operating in India at the time of nationalization The Parliament of India passed the Life Insurance Corporation Act on the 19th of June 1956, and the Life Insurance Corporation of India was created on 1st September, 1956, with the objective of spreading life insurance much more widely and in particular to the rural areas with a view to reach all insurable persons in the country, providing them adequate financial cover at a reasonable cost. Cost push inflation: ? Cost push inflation:It is rise in prices due to increase in the cost of production. It may result because of: * rise in wages. * rise in profit margin. * rise in price of saw material. * imposition of heavy taxes. Some or all of these factors. . .

Effective revenue deficit. ??? Effective Revenue Deficit - Revenue deficit less grants given to States for creation of capital assets novel concept introduced in the budget of 2012-13 What is RSPO ? Roundtable on Sustainable Palm Oil (RSPO) What is Shyamal sen committee all about ? Shyamal Sen Committee was appointed by the Government of West Bengal to look into the demand for the incorporation of parts of Dooars Terai in the Gorkhaland Territorial Administration.. Stagflation ? in simple terms n causes of it? Combination of d word Stagnation and Inflation ... it means d growth is stagnant with cntinously roaring prices ... it may happen due to ppor govt policies or some external crisis for eg- Eurozone crisis has a great effect on d growth rate in India ! it has also triggered inflation in the country with prices increasing @ a rapid rate Article 312 provides that an All India Service can be created only if the Council of State/Rajyasabha declares by a resolution supported by not less than a two-thirds majority that it is necessary in the national interest to create one or more such All India Services. what do we mean by 'Hindu rate of growth'? Professor Raj Krishna coined this term. It indicates the low grow rate of India before 1991. This is a comment that refers that the country like with High hindu population has not attained the growth rate especially as south asian tiger countries achieved.

Financial Stability Development Council ? apex body in india. Created on basis of Raghuram Rajan Committee in 1998. It envisages to strengthen and institutionalise the mechanism of maintaining financial stability, financial sector Union finance minister is its head 'tax havens' ???? a place/country where taxes are very less or non-existent. eg.liechenstein,luxembourg,switzerland etc What are the fiscal and current account deficit term ? The difference of Revenue Receipts and Total Expenditure is fiscal deficit current deficit: country's total imports of goods, services and transfers is greater than the country's total export of goods, services and transfers. TIER-3 CAPITAL?? Tertiary capital maintained by the banks to tackle market risks exempt exempt tax(EET) ? Exempt-Exempt-Taxation" (EET) method of taxation for savings. Under this method, the contributions towards certain savings are deductible from income, the accumulation/accretions are exempt till such time as they remain invested and all withdrawals at any time are subject to tax at the applicable marginal rate of tax. It is the part of the DTC. GAAR. ? GENRAL ANTI-AVOIDANCE RULE PROPOSED IN THE MID MARCH THIS YEAR Treaty shopping. ?

Getting tax benefits from own country and working or migrated country due to non-tax agreements between these two countries Rupee Depreciation. ?

Currency depreciation is the loss of value of a country's currency with respect to one or more foreign reference currencies, typically in a floating exchange rate system. It is most often used for the unofficial increase of the exchange rate due to market forces, though sometimes it appears interchangeably with devaluation. A currency will tend to become more valuable when its demand is higher than supply. A currency will tend to become less valuable when its demand is less than supply. We can take our real time example of stock market investment to understand the above principle. As we know that, our stock market is dominated by the overseas investors (outside India), because of the our growing economy and industrial development. When our economy is doing well and market is performing better than other countries, overseas investors would invest heavily on our market. How they would put it in our market?. They will sell or convert to our currency and invest in India. It is clear that when more investors coming to India, the demand for the currency will be very high. Our rupee value will be increased against dollar. In the same way, when they are pulling out of market, demand for the rupee will be decreased and value is depreciated. Previously we have seen RBI has acted to stop theerosion of rupeevalue against the dollar currency. What it did was sold the dollar currency in the market to increase the value of rupee. But, it is very difficult for the Reserve Bank of a country to adjust the value of the currency, the long term solution would be fix the problem in economy and bring the inflation into control.

India is heavily depend on the import of raw materials and Oil for its industrial development. In the decreasing rupee scenario, the outgo of money will be much higher. This would affect the expenses for the companies who imports raw materials for their factory and all the Oil Marketing Companies (OMC) will incur heavy payment to import the Oil. There are three main factor influencing the fluctuation of currency inflation, interest rates, current account deficit. The following are the factors which would slide down the rupee value. *Foreign fun outflow. * Govt. Deficit is high. *Political uncertainty and high corruption. TIEA??? Tax Information Exchange Agreement. Recently signed between India and Bahrain,aimed at economic cooperation and joint investment. Statutory Liquidity Ratio ? what is present SLR ? why we need to it far as concern INDAIan economy/ SLR is Statutory Liquidity Ratio. Its the percentage of Demand and Time Maturities that banks need to have in any or combination of the following forms: i) Cash ii) Gold valued at a price not exceeding the current market price, iii) Unencumbered approved securities (G Secs or Gilts come under this) valued at a price as specified by the RBI from time to time. The maximum limit of SLR is 40% and minimum limit of SLR is 24%. Its 24% now. This restriction is imposed by RBI on banks to make funds available to customers on demand as soon as possible. Gold and G Secs (or Gilts) are included along with cash because they are highly liquid and safe assets. The RBI can increase the SLR to contain inflation, suck liquidity in the

market, to tighten the measure to safeguard the customers money. In a growing economy banks would like to invest in stock market, not in G Secs or Gold as the latter would yield less returns. One more reason is long term G Secs (or any bond) are sensitive to interest rate changes. But in an emerging economy interest rate change is a common activity. The base year of present Consumer Price Index (CPI) for Urban Non-Manual Employees (CPIUNME) is 1984-85 /.....t or f? T Asian Development Bank ????? The ADB was initially sponsores by the ECAFE started functioning in 1966. 59 member countries. In 1974 ADB Launched ADF asian development fund. Hqrs phillipines C. Rangrajan committee was setup for ? Financial Inclusion What is Sovereign Debt? Bonds issued by a national government in a foreign currency, in order to finance the issuing country's growth what are the 'Nidhi' companies and how it is diffrenet from other companies A non-banking finance company doing the business of lending and borrowing registered under under Section 620-A of Companies Act these companies can operate only in the defined ares with few branches - they can lend and borrow from its own share holder

- they can't lend/borrow money other than it's sharehold Banks are required to pay how much percentage of their net bank credit to Priority Sector as advance?

A) 5% B) 7% C) 10% D) 15% E) None of these C) 10% Net Bank Credit is the GBC minus exempted deposits like FCNR, NRNR, deposits. This is the basis on which achievement of Priority Sector lending tragets is calculated. priority sector is that RBI directs the nationalized banks to allot specified portion of the banks to the specified sectors like agriculture, or SSI what is the difference between core industries n primary sector ? The primary sector of the economy extracts or harvests products from the earth. The primary sector includes the production of raw material and basic foods. Activities associated with the primary sector include agriculture (both subsistence and commercial), mining, forestry, farming, grazing, hunting and gathering, fishing, and quarrying. The packaging and processing of the raw material associated with this sector is also considered to be part of this sector. Where as Core Industries are part of the secondary sector, but they are vital for the development of the nation. They use the primary sector products core industries ????? Core Industries are industries which are necessary for the industrialization of a country Machine tools, chemicals, power, steel, etc. India's eight core sectors comprising crude oil, Cement, Steel, Petroleum refinery products, Natural gas, Fertilizers and Coal,

The Financial year for Banks is April- March but is the financial year for RBI? A) April-March b) July-June c) January- December B..July to June. POSCO is ithe the process of establishing its plants in india.What does the letter 'P' denote in the name POSCO? 1)Popular 2)Pallin 3)Pohang 4)Paradeep 5)Petersburg Pohang iron and steel company World Trade organisation is the new name of ? A. World Bank B. IMF C. GATT D. IFC General Agreement on Tariffs and Trade (GATT), a multilateral agreement on trade. It arose in 1947 and stayed until 1993, WTO emerged. WTO started in 1995 look east policy ? Indias Look East policy was introduced by the then PM Narasimha Rao in the early 90s. it was later on carred away by the successive govts of Vajpayee and manmohan. It was a strategic shift of indias foreign policy aftr the disintegration of USSR. We shifted our focus towards asian countries where we realized there is untapped market resources in des countries. Especially with countries like Singapore Vietnam myanmmer . We singned lot of agreements wit these countries including FTAs DTAAs etc. We deliberately made high level negotiations with ASEAN, EAST

ASIA CONFERENCE etc.but wat we have to see is that our main focus with ASEAN countries is mainly Economical not strategic. Our negative list with ASEAN countries is minimal. Our foreign trade policy gives much thrust on ASEAN nations. What is Exclusive Economic Zone of India??? With the adoption of the convention of the United Nations Conference on the Law of the Seas (UNCLOS) by the early eighties, a new International order of economic jurisdiction of 200 nautical miles (1 nm = 1.85 km) for the coastal states wasestablished. India thus obtained a wide exclusive economic zone (EEZ) of about 2.172-million km2 in the sea all along the 7500 km long coastline around her. The living and nonliving resources in this zone, which measures about two-third of the landmass of the country, are exclusive to India, so also the trading and transport facilities navigated through this area. In which of the following occurs the Interest Rate Risk? [A]Credit Risk [B]Market Risk [C]Operational Risk [D]All of The Above Credit risk means risk involved in dealing with interest rates. it can be of various reasons like RBI rate policy then competent interest rates of rival banks , and also it cn be in the form NPAs also. if the loan provided get Bad then it is a form of credit risk. Even asset quality also plays an imp role in determining credit risk. what is slush money ? Slush money is usually a reserved fund under the top management which is not accountable to pay grafts and bribe What are expenditure method and value added methods? These two are the methods to calculate national income. Expenditure method of national income measures only the value of final purchase

made by the consumer; it does not include the expenditure on intermediate goods which are used for making final goods. Therefore one needs to make adjustment for taxes, subsidies, exports and imports made by the country during particular year. The Expenditure Method gives us the measure of National Income in terms of expenditure of the nationals of a country on consumption goods (C), investment goods (I) and net expenditure from the transactions with the rest of the world (X-M) to which is added the net factor income earned from abroad (NFIFA) i.e GNPmp = C+I+(C-M) + NFIFA The value of output produced by each of the productive sectors in the economy using the concept of value added. Value added is the increase in the value of a product at each successive stage of the production process. We use this approach to avoid the problems of double-counting the value of intermediate inputs. The main sectors of the economy are the service industries, manufacturing and construction, and extractive industries such as mining, oil together with agriculture Call/ Notice/Term Money....explain each call money is money given for very short period say 1 day to 14 days it is given for liquidity purpose All these temporary liquid assets in banks. The period of lending may be for a period of 1 day which is known as call money and between 2 days and 14 days which is known as notice money. Term money refers to borrowing/lending of funds for a period exceeding 14 days. What is a Income Tax Return (ITR) ? Income Tax Returns are statutory recognised documents, through those one can submit the taxable income for the Financial year. What is MODVAT????

the modified system of value added taxation is based on the idea of tax final products nd not inputs that go in production. "Modified Value Added Tax". It is a scheme for allowing relief to final manufacturers on the excise duty borne by their suppliers in respect of goods manufactured by them.The scheme was first introduced with effect from 1 March 1986. Under this scheme, a manufacturer can take credit of excise duty paid on raw materials and components used by him in his manufacture. Accordingly, every intermediate manufacturer can take credit for the excise element on raw materials and components used by him in his manufacture. Since it amounts to excise duty only on additions in value by each manufacturer at each stage, it is called valueadded-tax (VAT) What is FPO ? explain in simple wrds Related to share market, 'follow on public offering'. It refers to offering publically fresh offer of securities of an already listed stock, through an offer statement. GDP (Y) is a sum of Consumption (C), Investment (I), Government Spending (G) and Net Exports (X - M). Y = C + I + G + (X M) What is Performance Budgetting >? Allocation of Budget revenues is based on the results. Performance budgeting is generally understood as a system of presentation of public expenditure terms of functions, programmes, performance units, viz. activities' projects, e t c . , reflecting primarily, the governmental output and its cost. It is essentially a process which brings o u t the total governmental operations through a classification by functions, programmes and activities. T h e main thrust of performance budgeting has been o n providing output-oriented budget information within a long range perspective s o tha t resources could be allocated mor e efficiently and effectively.The Government of India, o n t h e recommendation of A R C (Administrative Reforms Commission) issued guidelines for t h e adoption of Performance Budgeting in all ministries, departments and St a t e Governments w.e.f.

1973-74 Reserve Bank Of India. **act 1934 **established in 1935 **nationalization 1949 ****Establshed on hilton young commission recemdation. **prsnt govrnr:dr d subaro **ist govrnr:sir smith Depty gov. 1. k c chakarbarti 2. Haroon rashid khan. 3. Subbir gokaran 4. Anand sinha. ****22 regional office. *****central office is located at mumbai... *******Net domestic product =GDP - Depreciation at markt price The Target growth in 12 Five Year Plan is___________? (1)9-9.5 (2)8-8.5 (3)6-6.5 (4)9-9.7 (5)9-9.6 The target growth of 12th Plan was reduced from 9.5 to 9 and recently also reduced. Now the target is set as 8 the difference of receipt and expenditure ,including the both fiscal and capital item is....? a)fiscal defecit b)budgetary deficit c)balance of payment d)none of above a)fiscal defecit WRITE all about SBI SBI was known as IMPERIAl bank...then it was nationalise in 1955...to

follow recommendatons made by GORWALA comiitee....SBI has most no of branches in INDIA and its at no 2 in the world in no of branches..... Swabhimaan scheme????? Swabhiman, in which five crore households would be provided access to banking services in unbanked areas Swavalamban, a pension scheme for workers in the unorganised sector, who do not have access to the social security net Liqudity Adjustment Facility (LAF) Liquidity adjustment facility is a tool that allows banks resolving any short-term cash shortages during periods of economic instability or from any other form of stress caused by forces beyond their control. flagship programme BHARAT NIRMAN?????? Plan for development of basic rural infrastructure. consists of irrigation, road(pradhanmantri gram sadak yojana), houses(indira awass yojana) water, electricity(Rajiv gandhi grameen vidyutikaran yojana) and telecom. Double Taxation Avoidance Agreement ? DTAA or Double Taxation Avoidance Agreement is a tax treaty that India has with 65 other countries. In plain language, what this means for an NRI is, if he/she is a resident in any of those 65 countries and is paying taxes on the income earned in that country, then he/she is eligible for a lower deduction of tax on income earned in India in that financial year. Special Drawing Rights (SDR) ? The SDR was created by the IMF in 1969 to support the Bretton Woods fixed exchange rate system. A country participating in this system needed official reservesgovernment or central bank holdings of gold and widely accepted foreign currenciesthat could be used to purchase the domestic currency in foreign exchange markets, as required to maintain its exchange rate.After the collapse of the Bretton Woods system in 1973, however, the SDR was redefined as a basket of

currencies,today consisting of the euro, Japanese yen, pound sterling, and U.S. dollar. Name the Scheme to make India Slum Free? (1)Rajiv Awas Yojna (2)Pradhan Mantri Bikas Yojna (3)Bharat Nirman (4)Mahatma Yojna (5)None of these (1)Rajiv Awas Yojna Foreign currency convertiable Bonds(FCCB ) FCCB are special type of bonds. They are issued in a currency different, from the host country's currency(ex. In india, bonds issued in USD instead of Rupees) Cows milk is a rich source of:(a) Vitamin A (b) Vitamin B (c) Vitamin C (d) Vitamin D vitamin b2 riboflavin. thts y it appears in mild yellow color Goat milk is rich of Vitamin A and buffalo milk is rich of D and Calcium what is the inside treading ?? in simple terms?

gender budgeting ????? Gender-responsive budgeting (GRB) is government planning, programming and budgeting that contributes to the advancement of gender equality and the fulfillment of women's rights. It entails identifying and reflecting needed interventions to address gender gaps in sector and local government policies, plans and budgets. GRB also aims to analyze the gender-differentiated impact of revenue-raising policies and the allocation of domestic resources and Official

Development Assistance. special reference by the Finance Minister of India in his Budget speech in 2000-01 pertaining to the access of women to national resources marked the dawn of gender-sensitive budgeting in India. It is regularized from 2005-06 onwards. The first proposal was launched in the Budgetary of Speech of FM in 2000-01. Devaluation of currency is expected to lead to A floating exchange rate system B dirty float C rise in exports D rise in imports Devaluation of Currency leads to rise in exports because for every single of rupee in conversion one can get more number of goods. For example 1 dollar = 2 rupees so for every dollar he gets the worth of 2 rupees goods. To promote trade and to promote exports normally government devaluates the rupee Insider trading is related to(A) Public Expenditure (B) Taxation (C) Share Market (D) Hawala Disclosing prospective moves of the company,that would amount to monetary gains to the one coming to know about the moves of the company. Basically it Insider Trading is concerned with disclosing the IPO and Issues of Shares,Debentures and Bonds before the public notification. nsider trading is sharing secrets, etc of company which should not be disclosed to outside public. .internationa l financial reporting standards International Financial Reporting Standards (IFRS) are principles-based

standards, interpretations and the framework (1989) adopted by the International Accounting Standards Board (IASB). National Sample Survey Office (NSSO) National Sample Survey Office is an organization in the Ministry of Statistics and Programme Implementation of the Government of India. It is the largest organisation in India conducting regular socio-economic surveys. Controller General of accounts??? Controller General of Accounts is the principal Accounts Adviser to the Government of India and is responsible for establishing and maintaining a technically sound management accounting system. He prepares a critical analysis of expenditures, revenues, borrowings and the deficit for the Finance Minister every month. He also prepares annual Appropriation Accounts and Union Finance Accounts for presentation to the parliament. Shri C.R. SUNDARAMURTI, ICAS is the CGA. Set up in 1975, in dept of expenditure, in MoF. The relation ship between RBI and the Bank maintaining the currency chest is that of? a) Debtor and Creditor b) Principal and Agent c) Bailor and Bailee d) Creditor and Debtor n how? b) Principal and Agent

The Union Cabinet has approved the Mines and Mineral Development and Regulation (MMDR) Bill, 2011. This bill provides for mining companies to keep aside what per cent of their net profits for a Mineral Development Fund to be used for the rehabilitation of project-affected people in the tribal areas of India? 1) 25% 2) 26% 3) 49% 4) 30% 2) 26% primary sector = agriculture+mining+querying . .secondary sector =Manufacturing+ Electricity, Gas and water Supply+construction etc... Tertiary =trade+transport and storage+services .. tier 1 capital includes? Equity capital and disclosed reserves Tier II capital is secondary bank capital that includes items such as undisclosed reserves, general loss reserves, subordinated term debt, etc In India, which one among the following formulates the fiscal policy? A. Planning Commission B. Ministry of Finance C. Finance Commission D. The Reserve Bank of India B. Ministry of Finance the basic part of the fiscal policy of a Government is (A) Taxation (B) Bank rate

(C) Cash Reserve Ratio (D) None of these(A)

Taxation taxation policy of govt. in which tax rate of different type is laid down for different industry . and tax received on basis of progressive,vat type etc.as a source of income of govt. is knwon as taxation policy. addition to tax govt. also has a source of income known as non tax source like legacy,fines,assest valued tax,gifts etc. Paper currency first started in India in 1861/62 The largest revenue in India is obtained from? Sales Tax Direct Taxes Excise Duties None of these Excise Duty methods of calculating GDP??? Income method, Product Method and Expenditure Method are the three methods used to calculate GDP

what does mean "letter of credit" in economic terms............ it is a banking facility provided to its client.when bank stand a gurantee of payment on behalf of its client that gurantee or document issed by bank on iits client behalf is letter of credit

there is also a term LETTER OF REFREENCE (LOR). it is totally diffreent to above. it is a letter issued to a foreign banks in support of its client for opening a bank A/C of its client in foreign bank.having only refreence not a gurantee. what does mean "factor payment" in economic terms......... factor payment is payment of input of production like for labour it is wages,for land is rent,for capital is interst .input means the thing which is required for making finished good.i.e.production from etc.inputs.ex.land,labour,capital,entreprenure what is PPF scheme ? ppf refers to public provident fund,,,nd it is a govnt backed scheme,,nd it is opened for initial period of 15 years......!!!!!!!! what does mean "Take off stage" in an economy terms............?? Take-off stage is the stage when the economy is able to grow and evolve with its own power. what do u understand by d well known term "laissez faire"? in which cocept you want about laissez faire.in general term it is that free from all type of restriction like in leadership it is that subordinate is free to work as per its method and decision taken by himself. **where there is no interference of govt.... in policy and price fixation

what does mean Secular stagnation.........?? we can say India is on the threshold of secular stagnation, the capitalists are taking no risk in doing fresh investments, and that is causing the slowdown in india's growth and affecting the gdp, and deepening the economic agony of the mass Regional Rural Banks are designed to work in which of the following

ideals? A) Work on basics of commercial banks B) Keep lending rates lower than cooperative institution C) Work on innovative and adaptive ideals D) Help the targeted groups

Secular stagnation refers to , A stagnant economy , Recurring booms and depressions in the economy. Private investment will be most likely to be increased as a result of a rise in A) Personal taxation B) The price of shares C) The rate of interest D) Expected yield on new capital D) Expected yield on new capital What is meant by "Capital Gain"? A) Additions to the capital invested in a business B) Appreciation in the money value of assets C) Part of profits added to the capital D) None of these

Appreciation in the money value of assets Saving is a function of(a) investment (b) income (c) export (d) improvement in productivity (b) income Diffrence between repo rate and bank rate?? For temporary shortage of cashes, banks borrow from RBI, it is bank, rate. Repo rate is to acquire funds from RBI by selling the securities and at the same time agreeing to repurchase them at a later date at a predetermined price. Keeping Securities and borroiwng is repo rate and simple borroiwng is bank rate

Credit is a(a) Stock concept (b) flow concept (c) A stock-flow concept (d) none of these flow concept With what aspect of commerce are "Bull and Bear" associated ? (a) Banking (b) Foreign Trade (c) Stock Market (d) Internal trade (c) Stock Market The place where bankers meet and settle their mutual claims and accounts is known as(a) Treasury (b) Clearing House (c) Collection centre (d) Dumping ground (b) Clearing House

The direct tax code is related to which among the following A) Income tax B) Sales Tax C) VAT D) Excise duty E) Service tax A) Income tax wht type of economy is of india? in termd of gdp is concerned india is still a developing economy. in terms of method of planning is concerned india is mixed economy. in terms of purchasing power parity india is most consumer oriented and has vast potential source of consumers. Economic Planning is an essential feature of(a) Dual Economy (b) Mixed Economy (c) Capitalist Economy (d) Social Economy (d) Social Economy main feature of Social economy is central planning...Central Planning committee sets the goals for the economy and also the time frame within these goals are to be realized. Development means economic growth plus- (a) inflation (b) deflation (c) price stability (d) social change (d) social change

Fresh evaluation of every item of expenditure from the very beginning of each financial year is called ? Fresh Budgeting Deficit Budgeting Performance Budgeting Zero-based Budgeting Zero-based Budgeting CAD???? Explain?? current account deficient which is abt 4% of gdp??... by ministry of commerce current account deficit...usually noticed when the export of the country is less than that of import...right now import is surplus but export is not...therefore there is situation of current account deficit Pioneer: Peter Pyheer

Difference between Multilateral Trade & Bilateral Trade??? Multilateral trade is between three or more nations, WTO is the multilateral Trade Organization. Bilateral Trade in