Foreign investors pulled out a net amount of Rs 5,920 crore from the Indian capital markets in August 2019. This has happened even as the government announced for the revocation of enhanced super-rich tax on foreign and domestic equity investors imposed in this year’s Budget. As per the latest depositories
Goods and Services Tax (GST) revenues have fallen to a six-month low of ₹98,202 crore in August 2019. But the Average collections of GST in this financial year are still above ₹1.02 lakh crore. The total gross GST revenue collected in the month of August 2019 is ₹98,202 crore out
INTERIM Union BUDGET 2019 Quiz – Important Questions INTERIM Union BUDGET 2019 Quiz – Important Questions. These questions are useful for various competitive examinations in India such as UPSC, SSC, IBPS, Banking, Railways, Insurance, AFCAT, NDA, MBA, Defence, State civil services and others Q1: What amount per year will
UPSC Mains General Studies Paper III Topic: Economy Around 52% of the farming households are in debt as per the NSSO Situation Assessment Survey of Agricultural Households (2013) with interest rates touching as high as 89-92% in some states. The quantum of debt has increased a lot, especially from informal
Global Innovation Index 2018 UPSC Mains General Studies Paper II Topic: Social Justice Issues relating to development and management of Social Sector/Services relating to Health, Education, Human Resources. Download Global Innovation Index 2018 PDF What is Global Innovation Index 2018? Global Innovation Index is jointly released by Cornell
The Jal Marg Vikas Project will facilitate plying of vessels with capacity of 1,500-2,000 tonnes in the Haldia- Varanasi stretch of the River Ganga.
Major works that are being taken up under Jal Marg Vikas Project are the development of fairway, Multi-Modal Terminals, strengthening of river navigation system, conservancy works, modern River Information System (RIS), Digital Global Positioning System (DGPS), night navigation facilities, modern methods of channel marking etc.
Iran becomes India’s second biggest Oil Supplier: Between April 2018 and June 2018, Iran was the second-biggest crude oil supplier to Indian state refiners It replaced Saudi Arabia as the second-biggest oil supplier to Indian state refiners. How did Iran become becomes india’s second biggest Oil Supplier in this period? Thanks
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
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
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