GK for State PSC
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National Panchayati Raj day in India: History and Significance
The National Panchayati Raj Day is observed every year in India on 24th April. The reason behind the celebration of this day is the passing of Constitution (73rd Amendment) Act, 1992 that came into force from 24 April 1993.
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Benefits given to National Parties by Election Commission of India
At present, there are 7 National Parties in the country. National Parties of the country enjoy many benefits from the Election commission of India. These benefits include free land/building to set up party office, a unique party symbol which can’t be used by any other political party in the whole country etc.
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Meaning and history of Anglo Indians in India
As per Article 366 (2) of the Constitution, Anglo-Indian is considered to be someone who lives in India and whose father or any of the male ancestors belong to the European lineage. This term is mainly used for British people who are working in India and belong to Indian origin community. The Anglo-Indian term was defined in the Government of India Act, 1935.
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What are the main functions of Reserve Bank of India
Reserve Bank of India (RBI) is the supreme monetary authority of India. This organization is responsible for printing of currency notes and managing the supply of money in the Indian economy. RBI works as a custodian of foreign reserve, banker’s bank, banker to the government of India and controller of credit.
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What is the cost of EVM in India and where it is built?
The Electronic Voting Machines have been designed and made by the Technical Experts Committee (TEC) of the Election Commission in collaboration with two Public Sector Undertakings i.e. Electronic Corporation of India Limited, Hyderabad and Bharat Electronics Limited, Bangalore. The cost of M3 EVM is around Rs. 17,000 per unit in India.
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What are the Benefits of Electronic Voting Machines in Elections?
According to an estimate, about 10,000 tons of ballot papers are saved in a national election in India due to the use of EVM machine but the use of EVM will save around 2 lakh trees. EVM machines can be moved easily from one place to another in comparison to the ballot boxes, due to which the people living in inaccessible areas can use their franchise.
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Universal Basic Income (UBI): Definition, Features, Advantage and Disadvantages
Universal Basic Income (UBI) is a model for providing a sum of money to all citizens of a country or other geographic area with a given sum of money, regardless of their income, employment status. The purpose of the UBI is to prevent or reduce poverty and increase equality among citizens.
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What is Electoral Bond? 12 interesting facts about it
The central government has introduced electoral bonds worth Rs. 1,000, Rs. 10,000, Rs. 1 lac, Rs. 10 lacs and Rs. 1 crore to bring transparency in the election funding of the political parties in 2018. These bonds can be bought from selected branches of State Bank of India. In this article 12 interesting facts about these election bonds are mentioned.
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Election Cost per Voter in Lok Sabha Election since 1952
It is expected that the upcoming Lok Sabha elections will cost around 6500 crore to the exchequer of the government of India. This expenditure was around 3870 cr in the 2014 Lok Sabha elections. In the first elections, the Government spent Rs. 0.60 on an elector whereas it touched 46 rupees per voter in 2014 and in the upcoming 17th Lok Sabha election it will reach around 72 rupees per voter.
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Development of Education during British Period in India
Education policy of the British: In pre-British days, Hindus and Muslims were educated through Pathsala and Madrassa respectively, but their advent created a new place of learning i.e. Missionaries. So that, they can create a class of Indian who would be “Indian in blood and colour, but English in taste” who would act as interpreters between the Government and the masses.
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The Monetary Policy Committee (MPC): Composition and Objectives
The 6 member Monetary Policy Committee (MPC) constituted by the Central Government as per the Section 45ZB of the amended RBI Act, 1934. The first meeting of the MPC was held on October 3 and 4, 2016. This committee decides various policy rates like Repo rate, Reverse repo rate, MSF and Liquidity Adjustment Facility etc.
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Article 370: Rights and Facilities to Kashmiri Citizens
Article 370 of the Indian Constitution envisages special privileges to the Jammu and Kashmir. These privileges include separate flag and constitution for the Jammu and Kashmir. Article 370 came into force since November 17, 1952. In this article we have explained the Rights and facilities to Kashmiri Citizens due to the enforcement of the article 370.
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List of the Major Straits of the World
A Strait is a narrow channel of the sea joining two larger bodies of water. It most commonly refers to a channel of water that lies between two land masses. In this article, we are giving the list of the World’s major Straits that will give general awareness to the reader in understanding how these straits connect the world.
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EMISAT: An Eye in the Sky
India has successfully launched the EMISAT in Sun Synchronous Polar Orbit. The full form of EMISAT is Electronic Intelligence Satellite. It was made by ISRO and DRDO together. EMISAT was launched by PSLV C-45 launch vehicle. EMISAT was launched from Satish Dhawan Space Center, Sriharikota.
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National Development Council:Composition, Objectives and Functions
National Development Council (NDC) is an executive body established by the Government of India in August 1952, which is neither a constitutional nor a statutory body. It is the apex body to take decisions on matters related to approval of five year plans of the country. Prime minister is the ex-officio chairman of the NDC.
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Features of FERA & FEMA in India
In the budget of 1997-98, the government had proposed to replace FERA-1973, by FEMA (Foreign Exchange management act). FEMA was proposed by the both house of the parliament in Dec. 1999. After the approval of president, FEMA 1999 has come into force w.e.f. June, 2000. Under the FEMA, provisions related to foreign exchange have been modified and liberalized so as to simplify foreign trade. Government hopes that the FEMA will make favourable development in the foreign money market.
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What is the Preamble of the Constitution of India
The Preamble serves as an introduction to the Constitution. It was amended by the 42nd Constitutional Amendment Act in 1976, which determined to constitute India into a Sovereign, Socialist, Secular, and Democratic republic. It secures justice, liberty, equality to all the citizens of India and promotes fraternity among the people.
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20 most important facts about Goods and Services Tax for exams
Goods and Services Tax (GST) is an indirect tax which has been implemented in India on 1 July 2017. The main objective behind the implementation of this tax is to make a uniform tax system in the country. Due to the implementation of the GST, incidence of tax evasion will come down in the country. So GST will increase the total tax collection of the government. In this article, we are giving 20 key facts related to the goods and services tax (GST).
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What is NOTA and how effective is it?
The Election Commission of India introduced the concept of NOTA in December 2013. The full form of NOTA is ‘None of the Above’. NOTA gives the right to voters to reject all the candidates of a particular constituency if they feel that there is no deserving candidate in their constituency. But NOTA seems ineffective in making any concrete difference in the outcome of the election results.
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Difference between Minimum Guarantee Scheme (MIG) and Universal Basic Income (UBI)
In the Economic Survey 2016-17 Finance Minister Shri Arun Jaitley has advocated the concept of Universal Basic Income (UBI) to replace the various social welfare schemes in an effort to reduce poverty. On the other hand Rahul Gandhi has promised to give Minimum Income Guarantee (MIG) to the poor citizens of the country. MIG is a targeted scheme while UBI is a universal scheme.
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