Risks of three Cs: CVC curtailing CBI’s scope for bank probes is excellent. But PSBs still face perverse incentives

News: The Central Vigilance Commission has amended rules to minimise the possibility of CBI taking unilateral decisions on investigations into alleged bank frauds. Also, bankers have asked GoI to have a “sunset” period for investigations, subject to conditions. What approach should Government adopt? It should revisit its entire incentive structure that influences credit disbursal in public… Continue reading Risks of three Cs: CVC curtailing CBI’s scope for bank probes is excellent. But PSBs still face perverse incentives

[Answered] How did land reforms in some parts of the country help to improve the socio-economic conditions of marginal and small farmers.

Land reform refers to efforts to reform ownership, operation, leasing, sales, and property rights of land in India. Post Independent India has seen movements like Bhoodan and Gramdan which were persuasive in nature. Apart from that State sponsored initiatives like Operation Barga tried towards land reforms.  How Land Reform improved socio-economic conditions of marginal and small farmers:  Abolition of… Continue reading [Answered] How did land reforms in some parts of the country help to improve the socio-economic conditions of marginal and small farmers.

Published
Categorized as PUBLIC

[Answered] Distinguish between Capital Budget and Revenue Budget. Explain the components of both these Budgets.

Budget is an Annual Financial Statement of yearly estimated receipts and expenditures of the government in respect of every financial year.  Capital Budget  Revenue Budget  Capital budget is a statement of the government’s estimated capital receipts and capital expenditure. Capital budget covers capital items which are of non-recurring nature.    Revenue budget is a statement of… Continue reading [Answered] Distinguish between Capital Budget and Revenue Budget. Explain the components of both these Budgets.

Published
Categorized as PUBLIC

[Answered] Explain the difference between computing methodology of India’s Gross Domestic Product (GDP) before the year 2015 and after the year 2015.

The Gross Domestic Product (GDP) is the market value of all final goods and services produced within an economy in a given period. The GDP data is calculated by National Statistical office (NSO).  GDP Calculation Before 2015  GDP Calculation After 2015  The earlier base year for calculation of GDP was 2004-05.  GDP was calculated at factor… Continue reading [Answered] Explain the difference between computing methodology of India’s Gross Domestic Product (GDP) before the year 2015 and after the year 2015.

Published
Categorized as PUBLIC

Essay Guidance Program 2022 | Starts 22nd January | Enroll Now

Dear Friends, We are writing to inform you that we shall be commencing with the 2nd batch of Essay Guidance Program(EGP) from 22nd January 2022 in Online Mode only. The Essay Guidance Program at ForumIAS will ensure gradual progress in your essay writing through content-building classes and tests.The EGP will have 8 Essay Tests with different themes which ensure: Help students… Continue reading Essay Guidance Program 2022 | Starts 22nd January | Enroll Now

Published
Categorized as PUBLIC

Society Quiz: – Society & Development – 11th January 2022

Hello friends,

we are posting today’s prelims marathon. Under Prelims marathon initiative, we on a daily basis are posting 10 MCQs. MCQs are framed based on the predefined syllabus topic.

The idea is to keep the number of MCQ questions to a practicable level so that you do not spend an extra minute than required, and have a maximum output for the UPSC Prelims Exam 2021.

Pay for news: CCI’s Google probe must lead to rules on tech sharing much more revenue with news publishers

News: Competition Commission of India has ordered a probe against Google for its ‘alleged’ abuse of dominant position in news aggregation.  This step of Indian government is followed by actions of Australian government. Australia has passed a law that required tech platforms like Google and Facebook to fairly pay local media outlets for showing their content in news feeds or search… Continue reading Pay for news: CCI’s Google probe must lead to rules on tech sharing much more revenue with news publishers

On Financial Resolution and Deposit Insurance (FRDI) Bill : Orderly failure options will help Indian financial firms flourish 

News: Government is aiming to modify and re-introduce the Financial Resolution and Deposit Insurance (FRDI) Bill.  Government is planning to modify and re-introduce the Financial Resolution and Deposit Insurance (FRDI) Bill. The bill puts in place a resolution mechanism to deal with the insolvency of firms in the financial sector.  The bill was introduced earlier in 2016 but was… Continue reading On Financial Resolution and Deposit Insurance (FRDI) Bill : Orderly failure options will help Indian financial firms flourish 

Must Read Current Affairs Articles – January 11th, 2022

About Must Read News Articles: Must Read News Articles is an initiative by Team ForumIAS to provide links to the most important news articles of the day. It covers several newspapers such as The Hindu, Indian Express, Livemint, etc. This saves the time and effort of students in identifying useful and important articles. With newspaper websites… Continue reading Must Read Current Affairs Articles – January 11th, 2022

Blog
Academy
Community