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 fish out 20,000 tonnes of the precious metal lying idle with households and institutions. Gold Monetisation Scheme (GMS) 2015 GMS 2015Read 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 either removing testicles (physically) in males or making it dysfunctional by the use of chemicals. Arguments in Favour of Castration as Punishment:Read More

Swine Flu

ABC of Swine Flu:   Swine Influenza is an infection which is caused by various type of swine influenza virus. Swine influenza virus, which is endemic in pigs, is any strain of influenza family of virus. In 2009 it was found out that the Swine Influenza Virus strains contains influenza A and influenza C, which are two of the six viruses known. Out of the three viruses which cause human influenzaRead 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 Abdullah and Sheikh Azizullah, who were specialists in rational science, headed the madrasas at Sambal and Agra. Apart from the local people,Read 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 and their achievements in the field of Science and Technology. Mathematicians of Ancient India: Baudhayan: The value of pi was firstRead More

Indian Art and Culture GK notes: Indian Dances

Indian Art and Culture GK notes: Indian Dances This article contains the information about the various Indian Dances, both Classical Dances as well as famous Indian Folk Dances as part of Indian Art and Culture in UPSC General Studies paper . Dances of India  is a very important as far as the Civil Services or other GK examinations are concerned. Dances of India – Introduction: The art of dancing in India may be tracedRead 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 adopting bottom-up approach rather than traditional top-down approach as in planning commission. The Prime Minister of India will head the NITI Aayog asRead 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 holders will be provided zero-balance bank account with RuPay debit card, in addition to accidental insurance cover of Rs 1 lakh(toRead 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 to suggest measures for overall improvement in management of foodgrains by FCI; to suggest reorienting the role and functions of FCIRead More

Mint Rural Distress Index

Mint Rural Distress Index: The index provides equal weightage to fall in farm wage growth, which affects the purchasing power of agricultural labourers, and fall in tractor sales growth, a proxy for rural sentiment and demand.The index captures more than just a fall in agricultural production, which is only one aspect of the rural economy in India. Three components of Mint rural distress index are: Growth of farm output Rural wages TractorRead More