UPSC IAS Prelims 2024: Important Questions on Economics – Topic 2 (Economic Growth & National Income)

UPSC IAS Prelims 2024: Important Questions on Economics – Topic 2 (Economic Growth & National Income) : National Income is the total amount of goods and services produced within the nation during the given period. It is one of the most important topics of Economics and UPSC aspirants must prepare it well. Every year many … Read more

UPSC IAS Prelims 2024: Important Questions on Economics – Topic 9 (Inflation)

UPSC IAS Prelims 2024: Important Questions on Economics – Topic 9 (Inflation): Inflation is mainly caused either by demand Pull factors or Cost-Push factors. Apart from demand and supply factors, Inflation sometimes is also caused by structural bottlenecks and policies of the government and the central banks. Inflation is one of the most important concepts … Read more

UPSC IAS Prelims 2024: Expected Questions & Answers on Economics

UPSC IAS Prelims 2024: Most Important Questions & Answers on Economics. Aspirants must note that the UPSC 2024 exam notification will be released on 14 February 2024, and the Prelims exam is scheduled for 26 May 2024. In this article, we have provided Important Questions on various topics of Economics which are designed as per the … Read more

UPSC IAS Prelims 2023: Important Questions on Economics – Topic 4 (Economic Planning)

UPSC IAS Prelims 2024: Important Questions on Economics – Topic 4 (Economic Planning) : Economic planning in India dates back to the pre-Independence period when leaders of the freedom movement and prominent industrialists and academics got together to discuss the future of India after Independence which was soon to come, Every year many questions from … Read more

India sets target of achieving 100 MT coal gasification by 2030

On August 31, 2020, the Union Minister of Coal and Mines Shri Prahlad Joshi announced at a webinar that India aims for 100 million tonnes of coal gasification by 2030. This is to be achieved through investments worth Rs 4 lakh crores. The Government of India has provided concession of 20% on revenue share of … Read more

Chunauti: Next Generation Start Up Challenge contest

On August 28, 2020, the Government of India launched “Chunauti”, the next generation start up challenge contest. Around 300 start ups working in select areas are to be identified and provided with seed fund up to Rs 25 lakhs. The challenge is launched with a special focus on Tier-II towns. Chunauti is Challenge Hunt Under … Read more

GoI: 21 Centres of Excellence to be launched to incubate new technologies

The State-Owned Technology Parks in India (STPI) are to have the largest ecosystem to incubate new technologies. This is to be achieved by setting up 21 Centres of Excellence in these parks. India has centres of excellence (CoE) for Internet of Things, electric vehicles, block chain, animation and gaming, etc. The Government of India has … Read more

Karnataka to build Industrial Corridor between Bidar and Mysuru

On August 17, 2020, the Karnataka Deputy Chief Minister C N Ashwanthnarayan announced that the State Government is to build an industrial corridor between Mysuru and Bidar. This is being done to augment the development of commerce and industry in the state. Highlights The projects will help Karnataka achieve its target of 35 lakh crore … Read more

Group of Ministers: E-Way Bill for Intra-State Movement of Gold

A high-level ministerial panel of Goods and Services Tax council recently favoured e-way bill for intra state movement of gold. It will help track movement of gold under tax evasion and smuggling. Key Highlights The E-Way bill is an electronic challan that shows that tax has been completely paid before goods are moved from one … Read more

India ranks first in Organic Farming

The Ministry of Agriculture and Farmers Welfare recently announced that India ranks first in Organic Farming. Also, India ranks ninth in terms of areas under Organic Farming. Highlights Sikkim was the first state in the world to become completely organic. The other states that have similar targets include Uttarakhand and Tripura. Measures by India to … Read more

IBBI amends Insolvency and Bankruptcy Board of India Regulations, 2017

The Insolvency and Bankruptcy board of India recently amended the Insolvency and Bankruptcy Board of India Regulations. This is the second amendment. The amendment has made major changes to the voluntary liquidation process. About the Amendment The amendment allows the corporate persons to replace the liquidator with another liquidator or insolvency professional to initiate voluntary … Read more

Sashidhar Jagdishan is the new CEO of HDFC Bank

Daily Current Affairs – August 4, 2020: It is known that civil, finance & competitive exams including UPSC, SSC, IAS, Banking, Defence, Railway & other government (central & state level recruitment exams) emphasize on ascertaining aspirants’ knowledge of recent current affairs. To develop a sound awareness of recent/latest current affairs events, reading about monthly current affairs in news or pdf format … Read more

Khadi Agarbatti Aatmanirbhar Mission Launched: Highlights

Proposed by KVIC (Khadi and Village Industries Commission) and approved by the Minister of Micro Small and Medium Enterprises Nitin Gadkari Khadi Agarbatti Aatmanirbhar Mission is all set to generate employment for the local artisans making India self-reliant in agarbatti production. Join our Official Telegram Channel HERE for Motivation and Fast Updates Subscribe to our YouTube Channel HERE to watch Motivational … Read more

Government notification on E-invoicing

The central government comes up with a centralized e-invoicing scheme for business having turnover more than 500 crores. As per the recent scheme, it will be mandatory for all those businesses with a turnover of more than 500 crores to generate all their B2B invoices on a centralized government portal which will go live from … Read more

India Imposes Import Restrictions on Color TV Sets

Following a ban on popular Chinese applications, the Indian Government has moved the import of Color TV sets from free to restricted. India imports the majority of TV sets from China. This move by the government is aimed to promote PM Modi’s vision of “Vocal for Local” which will boost domestic manufacturing and balance the … Read more