Notes and Study material for Exams
Role of RBI Pre-reform Post-reform Developmental Role: the developmental role has increased in view of the changing structure of the economy with a focus on SMEs and Financial Inclusion Priority Sector Lending: Introduced from 1974 with Public Sector Banks. Extended to all Commercial Banks by 1992 In the revised guidelines for PSL the thrust is … Read more
Concept Of Public Service Public service is a service which is provided by government to people living within its jurisdiction, either directly (through the public sector) or by financing provision of Services. The term is associated with a social consensus (usually expressed through democratic Elections) that certain services should be available to all, … Read more
Compassion: Definition Compassion literally means “to suffer together.” Among emotion researchers, it is defined as the feeling that arises when you are confronted with another’s suffering and feel motivated to relieve that suffering. Compassion is not the same as Empathy or altruism, though the concepts are related. While empathy refers more generally to our ability to take … Read more
Democracy success depends upon the conduct of free and fair Elections. Hence Electoral reforms is must to ensure a vibrant democracy. Reforms are itself dynamic in nature. The electoral reforms can be grouped as under: Reforms to cleanse the Electoral System Debarring criminally tainted politicians from contesting , fast track courts and special courts Checking … Read more
Skewflation: The New Inflationary Beast The global economy is grappling with a complex and evolving inflationary landscape. While headline inflation rates may be moderating in some regions, the underlying dynamics are far from benign. A new term has emerged to capture this nuanced reality: skewflation. This article delves into the concept of skewflation, its drivers, … Read more
The Composition of the Rajya Sabha: A Deep Dive into India’s Upper House The Rajya Sabha, the Upper House of the Indian Parliament, plays a crucial role in the legislative process, acting as a chamber of sober second thought and providing representation to the states and union territories. Its composition, however, is distinct from the … Read more
Nowruz: A Celebration of Renewal and Rebirth Across Cultures Nowruz, meaning “new day” in Persian, is a vibrant and ancient festival celebrated by millions across the globe, marking the arrival of spring and the renewal of life. This joyous occasion, steeped in history and tradition, transcends cultural boundaries, uniting people from diverse backgrounds in a … Read more