Himachal Pradesh PCS Free Notes
HPPCS Prelims and Mains Notes, HPPSC Test Series
JAM stands for Jan Dhan Yojana, Aadhaar and Mobile number. The government intends to use these three modes of identification to implement one of the biggest reforms in independent India – direct subsidy transfers to the poor. Current subsidy schemes take an indirect route to reach the poor of the country. Examples are the PDS, … Read more DMPQ- What do you understand by the term JAM Trinity?
To ensure that all secondary schools have physical facilities, staffs and supplies at least according to the prescribed standards through financial support in case of Government/ Local Body and Government aided schools, and appropriate regulatory mechanism in the case of other schools. To improve access to secondary schooling to all young persons according to … Read more DMPQ- What are the main objectives of Rashtriya Madhyamik Shiksha Abhiyan
The following points highlight the two main sources of government revenue in India. Tax Revenue: Union Excise Duties: They are, presently, by far the leading source of revenue for the Central Government and are levied on commodities produced within the country, but excluding those commodities on which State excise is levied (viz., liquors and narcotic … Read more DMPQ- Mention the ways to raise revenue by central government.
Private sector is perceived to be guided by profit maximisation and it was considered to be anti to the objective of independent India. Hence socialism was seen as an alternative to it. This deep rooted notion about private sector is more in India. Following examples are testament to it: In civil aviation sector, there … Read more DMPQ: In India still after 1991 reforms there is ambivalence towards private sector. Explain with the example( Economy)
Unorganised sector: unorganised sector is defined as a production or service oriented enterprise owned by individuals or self employed workers (one who is not working for an employer and is engaged in an unorgnised sector job earning an income below a threshold or owning land below a notified limit) and if workers are employed, then … Read more DMPQ- What do you understand by the term unorganised sector? What are the problems associated with it?
. Below are the types of money market instruments: Treasury Bills T-bills are one of the most popular money market instruments. They have varying short-term maturities. The Government of India issues it at a discount for 14 days to 364 days. These instruments are issued at a discount and repaid at par at the time … Read more DMPQ- Discuss the important instruments of Indian money market.
Open market operations is the sale and purchase of securities, bills and bonds of government as well as private financial institutions by the Central Bank. This is one of the qualitative too available with the central bank to deal with inflation and money supply in the economy. Functioning: If the central bank sells these instruments, … Read more DMPQ:Explain the open market operations of RBI.
CAATSA stands for countering American adversaries through trade act. As the name suggest, it is an act passed by the US congress and it sanctions trade in the field of defence, energy etc. with Russia, Iran and North Korea. This act is going to affect India-Russia and India-Iran Relations. CAATSA, if implemented in its stringent … Read more DMPQ: CAATSA was recently in news. What is CAATSA? How it will affect India? (IR)
The Special Economic Zones Act, 2005, was passed by Parliament in May, 2005. 2. After extensive consultations, the SEZ Act, 2005, supported by SEZ Rules, came into effect in, 2006, providing for drastic simplification of procedures and for single window clearance on matters relating to central as well as state governments. The main objectives of … Read more DMPQ- Discuss India’s SEZ policy.
P2P lending is the popular type of crowd funding, whereby an internet platform collects small amounts of funds from individuals in a crowd to finance collectively a larger loan to individuals or businesses. Websites that facilitate peer-to-peer lending have greatly increased its adoption as an alternative method of financing.P2P lending is also known as social … Read more DMPQ- What are the risk associated by peer to peer lending?