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  2. GENERAL KNOWLEDGE
  3. India: An Overview
  • INVESTMENT COMMISSION

    The Finance Minister  has announced in the budget speech 2004-05 for setting up an investment in India attractive for investors. Accordingly, Investment Commission has since been set up in December 2004.

    Dec 11, 2010
  • INSURANCE

    On the recommendations of the Malhotra Committee, Government has set up an interim Insurance Regulatory Authority (IRA), with a view to activate an insurance regulatory apparatus essential for proper monitoring and control of the insurance industry. The IRA is headed by a Chairman who is also Controller of Insurance and Chairman of TBC.

    Dec 11, 2010
  • INDUSTRIAL DEVELOPMENT BANK OF INDIA

    Industrial Development Bank of India (IDBI), established under the Industrial Development Bank of India Act, 1964, is the principal financial institution for providing credit and other facilities for development of industry, coordinating working of institutions engaged in financing, promoting or developing industries and assisting the development of such institutions. IDBI has been providing direct financial assistance to large industrial concerns and also helping small and medium industrial concerns through banks and state-level financial institutions.

    Dec 11, 2010
  • INDUSTRIAL CREDIT AND INVESTMENT CORPORATION OF INDIA LIMITED

    Industrial Credit and Investment Corporation of India Limited (ICICI) was established in 1955 as public limited company to encourage and assist industrial units in the country. Its objectives, inter alia, include providing assistance in the creation, expansion and modernisation of industrial enterprises, encouraging and promoting participation of private capital both internal and external, in such enterprises, encouraging and promoting industrial development and helping development of capital markets.

    Dec 11, 2010
  • Health Plans

    The Several National health programmes are being implemented as Centrally-sponsored schemes aimed mainly at reduction of mortality and morbidity caused by major diseases. The major health schemes include the National programmes for eradication of malaria, blindness, leprosy, tuberculosis, AIDS including blood safety measures and STD control, Cancer control. Special attention is also being paid to Trauma and Spinal Injuries.

    Dec 11, 2010
  • Finance Commission Division

    Under Article 280 of the Constitution, a Finance Commission is to be constituted every fifth year or at such earlier time as the President considers necessary to make recommendations to the President.

    Dec 11, 2010
  • ECONOMIC GROWTH

    The fiscal 2008-09 has been a difficult year for the global economy and for India in its efforts to sustain the newfound growth momentum of its economy. In the first half of the year there was a sudden spurt in the international commodity prices, in particular in mineral and edible oils which contributed double digit inflation in India.

    Dec 11, 2010
  • DENTAL COUNCIL OF INDIA

    The Dental Council of India is a statutory body established under the Dentist Act, 1948 with the prime objective of regulating dental education, profession and its ethics in the country. Total 224 dental colleges are functioning in the country with an annual intake capacity of about 16,930 students in BDS course during the academic session 2006-07.

    Dec 11, 2010
  • Civil Aviation

    Year 2007-08 has seen unprecendented growth in the field of aviation sector. India ranked 9th during the year 2007-08 in world aviation market while in 2006 it ranked 12th.

    Dec 11, 2010
  • Banking

    Although some form of banking, mainly of the money-lending type, has been in existence in India since ancient times, it was only over a century ago that proper banking began. The earliest institutions which undertook banking business under the British regime were agency houses which carried on banking business, in addition to their trading activities. Most of these agency houses were closed down between 1929-32.

    Dec 11, 2010
  • Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homeopathy

    The department of Indian systems of medicine and Homeopathy (ISM&H) established in the ministry of Health and Family welfare in March 1995 was renamed as department of Ayurveda and Naturopathy, Unani, Siddha and Homeopathy (AYUSH) in November 2003. The Indian system of medicine such as Ayurveda, Siddha, Unani and drug therapies like Yoga and Naturopathy have been widely practiced in India for centuries.

    Dec 11, 2010
  • Agriculture

    Agriculture is the mainstay of the Indian economy. Agriculture sector contributes about 17.8 percent of Gross Domestic Product (GDP of India), while 58.2 percent of the population is dependent on agriculture for their livelihood.

    Dec 11, 2010
  • Table: Lok Sabha And Its Speakers From Time To Time

    Table: Lok Sabha And Its Speakers From Time To Time

    Dec 11, 2010
  • Local Goverment

    Municipal bodies have a long history in India. The first such Municipal Corporation was set up in the former Presidency Town of Madras in 1688 and was followed by similar corporations in Bombay and Calcutta in 1726.

    Dec 11, 2010
  • Fundamental Rights

    The Constitution offers all citizens, individually and collectively, some basic freedoms. These are guaranteed in the Constitution in the form of six broad categories of Fundamental Rights which are justiceable.

    Dec 11, 2010