Notes and Study material for Exams
OVERVIEW AND FUNCTIONS The Office of the Accountant General (General & Social Sector Audit) Madhya Pradesh, Gwalior ,which is a part of the Indian Audit and Accounts Department, functions under the Comptroller and Auditor General of India and performs audit of Civil and Commercial Departments and PSUs of the State Government of Madhya Pradesh categorized … Read more
[su_heading]World Bank[/su_heading] 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 … Read more
Healthcare Facilities in Rural Areas indigenous systems of medicine; drugs and pharmaceuticals. Public Health being a State subject, the primary responsibility to provide improved access to healthcare Services is that of the State Governments. However, under National Health Mission (NHM) financial support is provided to State/UT Governments to strengthen their healthcare systems to … Read more
Fermentation Fermentation, chemical process by which Molecules such as glucose are broken down anaerobically. More broadly, fermentation is the foaming that occurs during the manufacture of wine and beer, a process at least 10,000 years old. The frothing results from the evolution of carbon dioxide gas, though this was not recognized until the 17th century. … Read more
Tissue culture Tissue culture, a method of biological research in which fragments of tissue from an animal or plant are transferred to an artificial Environment in which they can continue to survive and function. The cultured tissue may consist of a single cell, a Population of cells, or a whole or part of … Read more
Commercial mathematics Banking Banking can be defined literarily as the business activity of accepting and safeguarding Money owned by individuals and entities and release of the money whenever the needs arise by the owner. It is the business of managing money and where money is involved everything must be carefully assessed, valued and … Read more
Highlights of current year’s union budget and its analysis Highlights of the budget,2019 Income up to Rs 5 lakh exempted from Income tax Standard deduction raised to Rs 50,000 from Rs 40,000 Direct Tax proposals to provide Rs 23,000 cr relief to 3 crore taxpayers Persons with gross income up to Rs 6.50 lakh not … Read more
Indian PUBLIC FINANCE Value Added Tax Under the constitution the States have the exclusive power to tax sales and purchases of goods other than newspapers There are however defects of sales tax It is regressive in nature. Families with low income a larger proportion of their income as sales tax. Has a cascading effect – … Read more
INTRODUCTION Among several features of Globalization-3/”>Globalization, one relates to increasing interactions among nations and removal of barriers to facilitate movement of goods, capital, labour and technology. It is a process that renders various activities and aspiration worldwide in scope or application. As a part of this process of increasing integration of the world, many countries … Read more