Notes and Study material for Exams
Fiscal Policy is that part of Government policy which is concerned with raising revenues through Taxation and other means along with deciding on the level and pattern of expenditure it operates through budget. However, generally the expenditure exceeds the revenue income of the Government. In order to meet this situation, the Government imposes new taxes … Read more
The Twelfth Finance Commission was appointed under the chairmanship of C. Rangarajan on November 1, 2002 to make recommendations regarding the distribution between the Union and the States of net proceeds of shareable taxes, the principles which should govern the grants- in-aid of the revenues of States from the Consolidated Fund of India and … Read more
The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) is an Act of the Parliament of India enacted to consolidate and amend the law relating to securitization and reconstruction of financial assets and enforcement of security interest. The Act provides for the establishment of a Central Registry of … Read more
The Animal Welfare Board of India (AWBI) is a statutory body under the Ministry of Environment, Forest and Climate Change, Government of India. It was established in 1962 under the Prevention of Cruelty to Animals Act, 1960. The AWBI is responsible for promoting animal welfare in India and for enforcing the Prevention of Cruelty to … Read more
The National Investigation Agency (NIA) Act, 2008 is an Act of the Parliament of India to provide for the establishment of a National Investigation Agency for the investigation of certain offences under the Indian Penal Code, 1860 and other laws. The Act was amended in 2019 to further strengthen the NIA and to make it … Read more
The National Council for Transgender Persons (NCTP) is a government body in India that was established in 2014 to address the needs of transgender people in the country. The NCTP is responsible for formulating policies and programs for transgender people, as well as for providing them with support and services. The NCTP has made significant … Read more
Powers And Functions Of Chief Minister The Chief Minister is the head of government of a state in India. The Chief Minister is appointed by the Governor of the state, but is usually the leader of the party or coalition that has the most seats in the Legislative Assembly of the state. The Chief Minister … Read more
The Rajya Sabha, also known as the Council of States, is the upper house of the Parliament of India. It is composed of 250 members, who are elected or nominated for six-year terms. Of these, 238 members are elected by the elected members of the legislative assemblies of the states and union territories, while 12 … Read more
The National Commission for Minorities (NCM) is a statutory body set up by the Government of India under the National Commission for Minorities Act, 1992. The NCM is a quasi-judicial body with the power to investigate complaints of discrimination against minorities and to recommend remedial measures to the government. The NCM has the following functions: … Read more
The Prime Minister of India is the head of government of India. The Prime Minister is the chief adviser to the President of India and is responsible for the day-to-day running of the government. The Prime Minister is also the leader of the party or coalition that has the most seats in the Lok Sabha, … Read more