Notes and Study material for Exams
Articles 168 to 212 in Part VI of the Constitution deal with the organisation, composition, duration, officers, procedures, privileges, powers and so on of the State Legislature.In most of the States, the Legislature consists of the Governor and the Legislative Assembly (Vidhan Sabha). This means that these State have unicameral Legislature. In a Six States( … Read more
Pressure groups and formal/informal associations and their role in the Polity Pressure groups have become a very important part of an administrative system. These groups try to pressurise the administrative and political system of a country either to ensure that their interests are promoted or to see that at least their interests are not relegated … Read more
Public expenditure is spending made by the government of a country on collective needs and wants such as pension, provision,
Attitude Should abortion be illegal? Should we cancel third world debt? How quickly should we reduce carbon emissions? Should there ever be a death penalty for any crime? Are you liberal or conservative? A soccer fan? A music lover? An optimist? The answers to all these questions depend upon psychological characteristics that define who we … Read more
The constitution (73rd and 74th) Amendment Acts, 1992 and ARTICLE 280 (3) (c) have altered the erstwhile fiscal devolution system and framework between the states and local governments. Under the new fiscal devolution system every State Government is required to constitute, once in five years, a Finance Commission under articles 243 (I) and entrust it … Read more
Monetary Policy is the process by which the monetary authority of a country controls the Government Bonds, it is said to be engaging in which of the following? (A) Open market operations (B) Discount rate (C) Reserve requirement (D) Fiscal policy When the Federal Reserve sells government bonds, it is said to be engaging in … Read more
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
MATHEMATICS AND QUATITUATIVE Aptitude – SIMPLE INTEREST Introduction Money is not free and it costs to borrow the money. Normally, the borrower has to pay an extra amount in addition to the amount he had borrowed. i.e, to repay the loan, the borrower has to pay the sum borrowed and the interest. Lender … Read more
International and Regional Organisations International Organizations An international organization is an organization with an international membership, scope, or presence. There are two main types: International nongovernmental organizations (INGOs): non-governmental organizations (NGOs) that operate internationally. These include international non-profit organizations and worldwide companies such as the World Organization of the Scout Movement, International Committee of the Red Cross. Intergovernmental organizations, also known as international governmental … Read more