Month: September 2024

State Services

Navigating the Maze: A Comprehensive Guide to State Services In the tapestry of modern society, state services play a crucial role in ensuring the well-being and prosperity of its citizens. From healthcare and education to infrastructure and social welfare, these services form the bedrock upon which individuals and communities thrive. Understanding the complexities of state … Read more

ACD Full Form

INFRASTRUCTURE Combination of on-site and cloud Cost Higher initial Investment Lower initial investment, subscription-based Moderate cost Scalability Limited scalability Highly scalable Scalable based on cloud Resources Maintenance Requires in-house IT expertise Managed by cloud provider Shared responsibility Security Requires robust security measures Security managed by cloud provider Hybrid security approach Table 2: Key ACD System … Read more

Public Administration Meaning, Scope, Nature and Importance

The English word ‗administer‘ is derived from a combination of two Latin words and ‗ministrate‘ meaning ‗to serve or manage‘. Literally, the term means management the affairs of public or private. Administration refers to mobilisation of Resources – human and material- to achieve pre-set of objectives. Administration is thus an activity undertaken in pursuit of … Read more

Schedule 6 of Indian constitution

Schedule 6 of the Indian Constitution: A Complex Framework for Tribal Governance The Indian Constitution, a document that embodies the nation’s aspirations for a just and equitable society, is a complex tapestry woven with various provisions and schedules. Among these, Schedule 6 holds a unique position, dedicated to the governance of tribal areas in four … Read more

Forex Related Terms

Navigating the Forex Market: A Comprehensive Guide to Key Terms The foreign exchange market, commonly known as Forex, is the largest and most liquid financial market in the world. It facilitates the exchange of currencies, enabling individuals, businesses, and governments to conduct international transactions. Understanding the intricacies of this market requires familiarity with a diverse … Read more

Lord Ellenborough

   Lord Ellenborough, 1842-44   INTRODUCTION   Lord Ellenborough served as the Governor General of India from 28 February 1842 to 15 June 1844. He is credited with bringing the Afghan War to an end.  His tenure of office was marked by a successful expedition to Kabul which went a long way … Read more

Calculation of interest on/in savings account, fixed deposit account and recurring deposit account

Calculation Of Interest On/in Savings account, fixed deposit account and recurring deposit account Saving account Interest rate calculation Formula  Daily interest = Amount (Daily balance) * Interest (3.5/100) / days in the year. Earlier method of interest rate calculation  Earlier, banks would pay interest at the rate of 3.5% p.a. on the lowest available balance … Read more