APPSC Prelims and Mains Notes, APPSC Test Series
Tax expenditure is the revenue foregone as a result of exemptions and concessions. Tax expenditure was introduced for the first time in 2006-07 union budget. Tax expenditure is justified on following grounds: Act as an incentive for priority sector like infrastructure. It promotes balance regional growth It neutralise the disadvantage on account of location It … Read more
Decentralized Planning is a type of planning where local organisations and institutions formulate, adopt, execute actions and supervise the plan without interference by the central body. Decentralized planning in the State operated mainly through the following institutions and instruments; Grama Sabha (GS): People’s participation in decentralization was sought to be ensured mainly through meetings of … Read more
A multi-agency body called the National Recruitment Agency (NRA) will conduct a Common Eligibility Test (CET) to screen/shortlist candidates for the Group B and C (non-technical) posts. NRA will have representatives of Ministry of Railways, Ministry of Finance/Department of Financial Services, the SSC, RRB & IBPS. It is envisioned that the NRA would be a … Read more
Pink revolution primarily focuses on modernisation of meat and poultry industry. It has attained India the number 1 position in the world in exports of buffalo meat in 2012, exporting approximately 1.5 million metric tons of beef. chicken sector has witnessed a 30 percent growth rate since the year 2009, at the same time it … Read more
The PM SVANidhi scheme was launched by the Ministry of Housing and Urban Affairs, on June 01, 2020. It aims to provide affordable working capital loans to street vendors to resume their livelihoods that have been affected due to the coronavirus lockdown. It targets over 50 lakh street vendors who would be eligible to avail … Read more
a) Tax havens: A tax haven is a country or territory where certain taxes are levied at low rate or not at all. The basic features of tax havens are nil or nominal rates, lack of effective exchange of information, no requirement of substantive local presence. b) BEPS: Base erosion and profit sharing … Read more
Foreign capital flow in a country can take place either in the form of investment, concessional assistance, foreign aid. Foreign Investment includes Foreign Direct Investment (FDI) and Foreign Portfolio Investment (FPI) / Foreign Institutional Investment (FII). FPI includes the amounts raised by Indian corporate through Euro Equities, Global Depository Receipts (GDR’s), and American Depository Receipts … Read more
Exchange rates in the ideal sense be a reflection of differences in purchasing power of economies on account of various factors. However, this is true only if the entire global world had free trade, without any restrictions, ability of goods to move across geographies without any hindrance, similar like a bird flying, ability to reach … Read more
Issues Involved: One of the major issues faced by this sector is declining profitability which is further exacerbating the twin balance sheet (TBS) problem. Profitability is being affected by following issues: Low revenues – Dramatic reduction of prices & coming down of average revenue per user by 22% due to new entrant. High Debt – Unsustainable spectrum … Read more
NITI Aayog has created the India Knowledge Hub (IKH), a dynamic web portal, functioning as a repository to store and disseminate best practices from across the country. Reflecting the spirit of cooperative federalism, the NITI Aayog launched the India Knowledge Hub so that districts, States, Central ministries and other government institutions can exchange knowledge on … Read more