TSPSC Prelims and Mains Notes-TSPSC Test Series
The government does not perform any business so it cannot earn money to spend. Hence, the government has to raise the money from the economy to enable it to spend that money in terms of requirements and national priorities. The government raises money primarily through ‘taxes’ and the spending known as ‘public expenditure’. A policy … Read more
GST council is a constitutional body which consists of Finance minister as chairman, Union minister of state in charge of revenue of finance, Minister of finance or any other minister nominated by each state government to GST council. It make recommendations on following issues: Taxes, cesses, and surcharges to be included under the GST Goods … Read more
Possible solutions are: Expand the outreach of the formal credit system to reach the really poor and needy. Reduce rate of interest for crop loans to 4 per cent simple, with government support. Moratorium on debt recovery, including loans from non-institutional sources, and waiver of interest on loans in distress hotspots and during calamities, till … Read more
Exchange rates in the ideal sense be a reflection of differences in purchasing power of economies on account of various factors. However, this is true only if the entire global world had free trade, without any restrictions, ability of goods to move across geographies without any hindrance, similar like a bird flying, ability to reach … Read more
AIR India is facing a severe crisis and at every functional aspect the PSU is on downward side. AI has a total debt of near about 50,000 cr. The major reasons for the failure of PSU are as follows: Less income generation in passenger revenue. This is corroborated by the audit report of CAG also. … Read more
Big data is the huge amount of data which is present in an unprocessed way. It is a complex data. Big data is characterised by 3 Vs ie. Volume of data, velocity of data i.e. processed and complex variety of data. Big data has various useful application. The application of Big data can be seen … Read more
The GDP deflator, also called implicit price deflator, is a measure of inflation. It is the ratio of the value of goods and services an economy produces in a particular year at current prices to that of prices that prevailed during the base year. This ratio helps show the extent to which the increase in … Read more
In strategic disinvestment the government sells major portion of its stake to a strategic buyer and also gives over the management control.Under it, the strategic Partner, may hold less percentage of shares than the government but the control of management will be wit him.or example, in a PSU, where the government holding 51%, and out of this, sale of … Read more
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
RBI thus has certain quantitative and qualitative tools through which it manages liquidity and they are as follows: Cash Reserve Ratio (CRR) Every bank has to retain a certain percentage of its demands and time liabilities in cash with the RBI which can be raised by the RBI to drain out excess liquidity or reduced … Read more