DMPQ:Write short note on capital accountconvertibility.(economics)

Capital Account Convertibility (CAC) is not just the currency convertibility freedom, but morethan that, it involves the freedom to invest in financial assets of other countries.The Committee on Capital Account Convertibility (1997, Chairman SS Tarapore) in its reporthas given a working definition for the CAC which is as following:“CAC refers to the freedom to convert … Read more

DMPQ- What is the concept of Universal basic income ? Critically evaluate it’s viability for India.

Universal Basic Income is a radical and compelling paradigm shift in thinking about  both social justice and a productive economy. A universal basic income is, like many  rights, unconditional and universal: it requires that every person should have a right  to a basic income to cover their needs, just by virtue of being citizens. The … Read more

DMPQ: DMPQ: Unutilised employment potential in the phase of demographic transition will only lead to demographic catastrophe. Explain the cause of Unemployment in India. Steps taken by India to tackle unemployment.

India’s growth period has not been able to create job opportunities and hence sometimes it is termed as jobless growth.  According to a report of CII, 12 million are entering into work force annually. This figure reaches to 18-19 million if we count the people leaving the already saturated agriculture sector. But catch lies in … Read more

DMPQ- What do you understand by the term JAM Trinity?

JAM stands for Jan Dhan Yojana, Aadhaar and Mobile number. The government intends to use these three modes of identification to implement one of the biggest reforms in independent India – direct subsidy transfers to the poor. Current subsidy schemes take an indirect route to reach the poor of the country. Examples are the PDS, … Read more

DMPQ- What is P Note? What is the concern associated with P Note?

P-Notes or Participatory Notes are Overseas Derivative Instruments that have Indian stocks as their underlyingassets.  These instruments are issued by foreign portfolio investors (FPIs) registered with SEBI. It allows foreign investors to buy stocks listed on Indian exchanges without being registered with SEBI.  It gained popularity as foreign institutional investors (FIIs) started betting on stocks … Read more

DMPQ- What are the benefits of Bottom up planning?

Following are some of the important functional factors responsible for adoption of decentralised planning in the present context in India: Considering the huge size and proportion of rural population in India, it is felt that proper linkages must be established between dispersed small villages and also between such villages and adjacent small towns by developing … Read more

DMPQ- Mention the various Non-Tax revenue of Government.

Non-Tax Revenue: Interest Receipts: This largest non-tax source of Central Government’s revenue receipts is the interest it earns mainly on the loans it has advanced to State Governments, to financial and industrial enterprises in the public sector. Surplus Profits of the Reserve Bank of India (RBI): The surplus profits of the RBI is also a … Read more

DMPQ :What were the reasons for dismal performance of Tribal Policy.

Quite often the funds allocated for tribal welfare are not spent or are spent without correspondingresults and sometimes funds are even misappropriated. The watch dog of tribal interests, Tribal AdvisoryCouncil has not functioned effectively. Administrative personnel are either ill trained or prejudiced against tribals. A major handicap from which tribals suffer is denial of justice, … Read more

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