WBPSC Prelims and Mains Notes-WBPSC Test Series
Miscellaneous Facts: India’s GDP per Capita 622 (US $ PPP). It is 684 US $ for Pakistan. The top 3 countries with external debt are Brazil (235 billion $), China (193 billion $) & Russia (175 billion $). India is 9th with 112 billion $. Functional employment occurs when people change from … Read more Miscellaneous Facts:
Commissions/Committees & Their Purpose Arjun Sen Gupta Public Sector Enterprise Autonomy Committee Rangarajan Committee Disinvestment of PSUs & Balance of Payments. Malhotra Committee Insurance Sector & its regulation. Follow up led to setting up of IRDA. Madhukar Committee Gold exchange traded fund implementation. L.C. Gupta Committee … Read more Commissions/Committees & Their Purpose
Four Modes of Services under GATT Mode 1 Cross border trade, which is defined as delivery of a service from the territory of one country into the territory of other country; Mode 2 Consumption abroad – this mode covers supply of a service of one country to the service consumer of any … Read more Four Modes of Services under GATT
Subscribe on YouTube Direct & Indirect Taxes Direct Tax Indirect Tax Corporation Tax Excise Duties Income Tax Service Tax Interest Tax Central Value Added Tax (Vat) Expenditure Tax Sales Tax Wealth Tax Property Tax … Read more Direct & Indirect Taxes
Components of Money Supply M1 Consists of currency with the public (ie notes & coins in circulation minus cash with the banks) plus demand deposits with the bank (deposits which can be withdrawn without notice) plus other deposits with RBI (usually negligible). Also called narrow money M2 M1 + saving … Read more Components of Money Supply
Organizations & Their Survey/Reports Subscribe on YouTube 1. World Economic & Social Survey U. N 2. World Investment Report UNCTAD 3. Global Competitiveness Report World Economic Forum 4. World Economic Outlook IMF 5. Business Competitive Index World Economic Forum 6. Green Index World Bank 7. Business Confidence Index NCAER 8. Poverty Ratio Planning Commission 9. … Read more Organizations & Their Survey/Reports
Subscribe on YouTube Millenium Development Goals 1. Eradicate extreme poverty and hunger 2. Achieve universal primary education 3. Promote gender equality and empower women 4. Reduce child mortality 5. Improve maternal health 6. Combat HIV/AIDS, malaria, and other diseases 7. Ensure environmental sustainability 8. Develop a global partnership for development Join Our Telegram Channel
Financial Inclusion Financial inclusion or inclusive financing is the delivery of financial services at affordable costs to sections of disadvantaged and low-income segments of society, in contrast to financial exclusion where those services are not available or affordable. Government of India has launched an innovative scheme of Jan Dhan Yojna for Financial Inclusion to provide … Read more Financial Inclusion
Money Supply Money supply is the entire stock of currency and other liquid instruments in a country’s economy as of a particular time. The money supply can include cash, coins and balances held in checking and savings accounts. Subscribe on YouTube Money Supply can be estimated as narrow or broad money. There are four measures … Read more MONEY SUPPLY
Subscribe on YouTube 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 … Read more INDIAN PUBLIC FINANCE