Rural Credit- MPPSC Mains

68.84% of the Population in India is rural based and majority of them depends on agriculture for a living. Enhanced and stable Growth of the agriculture sector is important as it plays a vital role not only in generating purchasing power among the rural population by creating on-farm and off-farm EMPLOYMENT opportunities but also through … Read more

Rural Banking and Regional Rural Banks.

68.84% of the Population in India is rural based and majority of them depends on agriculture for a living. Enhanced and stable Growth of the agriculture sector is important as it plays a vital role not only in generating purchasing power among the rural population by creating on-farm and off-farm EMPLOYMENT opportunities but also through … Read more

Government Bonds

Government Bonds: A Safe Haven in a Stormy Sea Government bonds, often referred to as “gilts” in the UK and “Treasuries” in the US, are debt securities issued by national governments to finance their operations and projects. They represent a promise by the government to repay the principal amount borrowed, along with interest payments, at … Read more

Financial Committees

The Power of Oversight: A Deep Dive into Financial Committees Financial committees play a crucial role in the governance and accountability of organizations, whether they be corporations, non-profits, or government entities. These committees are responsible for overseeing the financial health of the organization, ensuring transparency, and safeguarding the interests of stakeholders. This article delves into … Read more

Foreign Exchange

–2/”>a >DOCTYPE html PUBLIC “-//W3C//DTD XHTML 1.0 Transitional//EN” “http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd”>   is the exchange of one currency for another or the conversion of one currency into another currency. also refers to the global market where currencies are traded virtually around the clock. transactions encompass everything from the conversion of currencies by a traveler at an airport … Read more

Administrative Reforms in India including various important Commissions and committees.

Why is Administrative Reforms needed? Technological change Advances in industrialisation Growth in the number and complexity of governmental activities Changes in social, political and economic spheres of life All above have created extraordinary strains on the traditional machinery of the government Obsolescence of institutions, roles, procedures and processes in the government What are ways through … Read more

Disaster and its management

Disaster Management History shows that India is exposed to national disasters. INFRASTRUCTURE; and other efforts to make the community more resilient to a catastrophic event. Preparedness Preparedness focuses on understanding how a disaster might impact the community and how education, outreach and training can build capacity to respond to and recover from a disaster. This … Read more

Tertiary Sector

The Tertiary Sector: Driving Economic Growth and Shaping Modern Society The tertiary sector, also known as the service sector, encompasses a vast array of industries that provide services rather than tangible goods. From healthcare and education to finance and tourism, the tertiary sector plays a crucial role in modern economies, driving economic growth, shaping societal … Read more

Framing of Indian Constitution

Making of The Constitution 1934: Idea of constituent assembly put forward by M N Roy 1935: INC officially demands constituent assembly 1938: JL Nehru’s declaration on the constitution of India 1940: Nehru’s demand accepted in the form of August Offer August Offer PM: Winston Churchill While rejecting INCs demand for independence of India after the … Read more

Balance of Trade

The Balance of Trade: A Vital Indicator of Economic Health The balance of trade, a fundamental concept in international economics, refers to the difference between a country’s exports and imports of goods and services over a specific period. It provides a crucial snapshot of a nation’s economic performance and its position in the global marketplace. … Read more