Gold Monetisation and 2 other Gold Schemes launched- UPSC notes

Three new Gold Schemes Launched By Union Government: As a part of Union Budget 2015-16, Union Government  launched three gold related scheme viz Gold Monetization Scheme (GMS), Sovereign Gold Bond Scheme (SGBS) and Indian Gold Coins (IGC). These ambitious schemes were launched to reduce the physical demand for gold and fishRead More

Castration for Rapists

Arguments made for and against castration as an additional form of punishment for rapists and child sex abusers: Rape/Sexual Abuse is one of the most heinous crimes imaginable in a modern civilized society . The judiciary came up with a statement for implementing castration as a punishment in rape cases. Castration means eitherRead More

Indian Art and Culture GK notes: Scientists of Medieval India

Indian Art and Culture GK notes: Scientists of Medieval India The medieval period marks the advent of Islam in India. The pattern of education as prevalent in Arab countries was gradually adopted during this period by the Muslim rulers. Maktabs and Madrasas came into existence in Medieval India. The two brothers, Sheikh AbdullahRead More

Indian Art and Culture GK notes: Scientists of Ancient India

Indian Art and Culture GK notes: Scientists of Ancient India This article lists the contributions of India to the world in the field of Mathematics and Science. It contains the information about the contributions made to knowledge by ancient Indian scientists like Baudhayan, Aryabhatta, Brahmgupta, Bhaskaracharya, Kanad, Varahamihira, Nagarjuna, Susruta, Charak, Patanjali andRead More

NITI Aayog (National Institution for Transforming India):

NITI Aayog (National Institution for Transforming India): National Institution for Transforming India or NITI Aayog is a policy think-tank of Government of India. It replaces Planning Commission and aims to involve the states in economic policy-making in India. It will be providing strategic and technical advice to the central and the state governments i.e. by adoptingRead More

JAN DHAN YOJANA – Financial Inclusion Scheme

Pradhan Mantri Jan-Dhan Yojana (PMJDY) – Financial Inclusion Scheme Pradhan Mantri Jan-Dhan Yojana (PMJDY) is a National Mission for Financial Inclusion to ensure access to financial services, namely, Banking/ Savings & Deposit Accounts, Remittance, Credit, Insurance, Pension in an affordable manner. Under Pradhan Mantri Jan-Dhan Yojana (PMJDY) scheme: Account holdersRead More

Shanta Kumar Committee Report – FCI restructuring

Shanta Kumar Committee Report – FCI restructuring: Government of India had  set up a High Level Committee (HLC) in August 2014 with Shri Shanta Kumar as the Chairman to suggest restructuring or unbundling of FCI with a view to improve its operational efficiency and financial management.  HLC was also asked toRead More