28-29.01.18 Andhra Pradesh (APPSC) Daily Current Affairs

ANDHRA PRADESH   Vuda plans 900-acre township in suburbs   The Visakhapatnam Urban Development Authority (Vuda) is mulling to develop a satellite township on nearly 900 acres of land near Lankalepalem on the outskirts of Vizag city.   The district revenue officials recently concluded a survey of the land, which will be alienated to Vuda to facilitate the development … Read more

24.01.18 Andhra Pradesh (APPSC) Daily Current Affairs

ANDHRA PRADESH   CM invites Aramco to invest in State   Chief Minister N. Chandrababu Naidu met Saudi Aramco vice-president (international operations) Said Hadrami at the ongoing World Economic Forum (WEF) summit at Davos.   Naidu explained to the Aramco representatives that Andhra Pradesh was making rapid strides and taking necessary steps and creating investor -friendly environment. … Read more

28.11.17 Andhra Pradesh (APPSC) Daily Current Affairs

ANDHRA PRADESH   New species of gecko found in Andhra Pradesh   A new species of gecko belonging to the genus Hemidactylushas been discovered in the Eastern Ghats in northern Andhra Pradesh.   Locally named ‘Mahendragiri Gecko’ it is endemic only to the rocky areas of Eastern Ghats namely Araku, Tyda, Simhachalam Hills, Mahendragiri Hills in Andhra-Odishaborder.   The … Read more

Impact of globalization on Indian society

Globalization essentially means integration of the national economy with the world economy. It implies a free flow of information, ideas, technology, goods and services, capital and even people across different countries and societies. It increases connectivity between different markets in the form of trade, investments and cultural exchanges. The concept of globalization has been explained … Read more

25.11.17 Andhra Pradesh (APPSC) Daily Current Affairs

  ANDHRA PRADESH   N Sambasiva Rao appointed as Andhra Pradesh DGP   The Andhra Pradesh governmentappointed 1984-batch IPS officer N Sambasiva Rao as the state police chief despite the Union Home Ministry rejecting his candidature on earlier occasions. He has been holding the DGPs post as “full additional charge” since July 23, 2016, while his actual position … Read more

14.10.17 Andha Pradesh (APPSC) Daily Current Affairs

ANDHRA PRADESH   Andhra Pradesh to provide financial aid to newly-married couples belonging to Backward Classes   The Andhra Pradesh Cabinet has approved a new scheme providing financial aid for the newly-married couplesbelonging to the Backward Classes.   Only the classes that have a white ration card or which are below poverty line are eligible. The bride must … Read more

Balance of payments and Devaluation

Balance of Payments is a systematic record of all economic transactions undertaken by residents of one country i.e. households, firms and the government with their counterparts in rest of the world. It consists of: 1. Current Account, 2. Capital Account and 3. Reserve Account. The Current Account covers transactions in goods and services and transfers … Read more

23.01.18 Andhra Pradesh (APPSC) Daily Current Affairs

ANDHRA PRADESH   Sister-state agreement with Zurich canton   The State government has entered into a sister-state agreement with the Canton of Zurich. The Letter of Intent (LOI) was signed by Finance Minister Yanamala Ramakrishnudu and Zurich Councillor and Head of the Department for Economic Affairs Carmen Walker Späh in the presence of Chief Minister … Read more

27.10.17 Andha Pradesh (APPSC) Daily Current Affairs

ANDHRA PRADESH   Northeast monsoon all set to hit Andhra by end of this week   The much-awaited northeast monsoon is likely to set in over Andhra Pradesh in a couple of days from now. India Meteorological Department (IMD) said that easterly winds that ushered in the winter monsoon were likely to return after Monday or Tuesday towards south-India. Met department officials said … Read more