TSPSC Prelims and Mains Notes-TSPSC Test Series
Table of Content:- Role of Commercial Banks Issue of NPA Financial Inclusion A Commercial bank is a type of financial institution that provides services such as accepting deposits, making business loans, and offering basic investment products There is acute shortage of capital. People lack initiative and enterprise. Means of transport are undeveloped. Industry is depressed. The commercial … Read more
MNREGA Jan Dhan Yojna Atal Pension Yojna Skill India Mission Deen Dayal Upadhyaya Gram Jyoti Yojana Pradhan Mantri Suraksha Bima Yojana Pradhan Mantri Jeevan Jyoti Bima Yojana Sukanya Samridhi Yojana Pradhan Mantri Garib Kalyan Yojana Jan Aushadhi Yojana (JAY) Nai Manzil Scheme for minority students The Pradhan Mantri Awas Yojana (PMAY) or Housing for all … Read more
The term Sustainable growth became prominent after the World Conservation Strategy Presented in 1980 by the International Union for the Conservation of Nature and Natural Resources. Brundland Report(1987) define sustainable development as the a process which seek to meet the needs and aspirations of the present generation without compromising the ability of the future generation … Read more
The leading economists of the country differ in their opinion about the socioeconomic and ecological consequences of the policy of liberalisation.Liberalization has led to several positive and negative effects on Indian economy and society. Some of the consequences of liberalisation have been briefly described here: 1. Increase in the Direct Foreign Investment: The policy of … Read more
Privatization in generic terms refers to the process of transfer of ownership, can be of both permanent or long term lease in nature, of a once upon a time state-owned or public owned property to individuals or groups that intend to utilize it for private benefits and run the entity with the aim of profit maximization. ADVANTAGES … Read more
Definition of Globalization :- Its a process(not an outcome) characterized by increasing global Interconnections by gradual removal of barriers to trade and investment between nation and higher economic efficiency through competitiveness. Various economic, political, social and cultural effects of globalization are as follows:- Breaking down of national economic barriers International spread of Trade, Financial and … Read more
The International Bank for Reconstruction and Development (IBRD), commonly referred to as the World Bank, is an international financial institution whose purposes include assisting the development of its member nation’s territories, promoting and supplementing private foreign investment and promoting long-range balance growth in international trade. The World Bank was established in December 1945 at the … Read more
It gave birth to ideas of liberty, freedom and equality It led to the end of monarchy in France A society based on privileges gave way to a new system of governance The Declarations of the Rights of Man during the revolution, announced the coming of a new time. The idea that all individuals had … Read more
Philosophes such as Voltaire considered England’s government the most progressive in Europe. England’s ruler was no despot, not even an enlightened one. His power had been limited by law. The Glorious Revolution of 1688 had given England a constitutional monarchy. However, while the English monarch’s power was being limited at home, the power of the … Read more
In May 1945, Lord Wavell, the Viceroy of India, went to London and discussed his ideas about the future of India with the British administration. The talks resulted in the formulation of a plan of action that was made public in June 1945. The plan is known as Wavell Plan. The Plan suggested reconstitution of … Read more