TSPSC Prelims and Mains Notes-TSPSC Test Series
Monetary policy is the process by which the monetary authority of a country controls the supply of money, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency. Objectives of Monetary Policies are:- Accelerated growth of the economy Balancing saving and investments Exchange rate stabilization Price stability Employment … Read more
A tsunami is a very long-wavelength wave of water that is generated by sudden displacement of the seafloor or disruption of any body of standing water. Tsunami are sometimes called “seismic sea waves”, although they can be generated by mechanisms other than earthquakes. Tsunami have also been called “tidal waves”, but this … Read more
In 1978, the World Bank, for the first time, constructed an analytical country classification system. The occasion was the launch of the World Development Report. Annexed to the report was a set of World Development Indicators (WDI), which provided the statistical underpinning for the analysis. The first economic classification in the 1978 WDI divided … Read more
Indian Statutory Commission chaired by Simon to go into the question of further constitutional reform All its seven members were Englishmen. Clement Attlee was one of the members. Lord Birkinhead was the secretary of state at that time At its Madras session in 1927 INC decided to boycott the commission “at every stage and in … Read more
A Financial Statement is an organized collection of data according to logical and consistent accounting procedures. Its purpose is to convey an understanding of some financial aspects of a business firm. It may show assets position at a moment of time as in the case of balance sheet, or may reveal a series of … Read more
Waste minimization is an appropriate strategy to address the problems of industrial pollution. The objective of the scheme is to assist the small and medium scale industries in adoption of cleaner production processes. • A scheme on adoption of clean technology and promotion and establishment of waste minimization circles in small and medium scale industries … Read more
Tax Reforms in India Sience 1990 ie the liberalization of Indian economy saw the beginning of Taxation reforms in the nation. The taxation system in the nation has been subjected to consistent and comprehensive reform. Following factors arise the need for tax reforms in India:- Tax resources must be maximized for increased social sector investment in … Read more
Infrastructure Debt Funds In Sept 2011, RBI issued guidelines for permitting banks and NBFCs to set up IDFs to help meet long term financing for the sector IDFs would be set up either as MFs or NBFCs NBFC sponsoring IDF-MF should have a minimum net owned funds of Rs 300 crore and CAR of 15 … Read more
Scarcity of water Water scarcity is possibly to pose the greatest challenge on account of its increased demand coupled with shrinking supplies due to over utilisation and pollution. Water is a cyclic resource with abundant supplies on the globe. Approximately, 71 per cent of the earth’s surface is covered with it but fresh … Read more
One of the basic tenets of our foreign policy has been non-alignment. As an element of foreign policy non-alignment m e a n s i n d e p e n d e n t o f b l o c s , peaceful coexistence, global peace, disarmament, struggle against all manifestations of injustices … Read more