DOUBTS:
1)FDI Foreign Direct Investment (FDI) in India is currently not permitted in the following sectors: B2C e-commerce
ecommerce me toh it depends on model naa i mena market place model , FDI is allowed correct
2) Consider the following statements about the Political parties in India:
1. The Model Code Conduct for political parties during the elections is not enforceable by law.
2. The Parliament by law has laid down certain criteria for a party to be recognized as national or state level parties. A SERIES 30
3. Currently, there is no provision for internal democratic regulation of political parties in India. Which of the statements given above is/are correct?
(a) 1 only (b) 2 only (c) 1 and 3 only (d) 2 and 3 only
HOW COME statment 3 is also incorrect
Consider the following statements regarding Basel III Norms:
1. Tier 1 and Tier 2 capital of a bank must be a minimum of 8% of its risk-weighted holdings
. 2. The Minimum Capital Adequacy Ratio including the Capital Conservation Buffer, is 10.5%.
DOubt :
Both statement will be correct only becoz it says BASEL 3 and not RBI's BASEL 3 norms for scb correct ???
hi, could someone explain
a) what does "ordinarily resident" mean under citizenship act, 1955?
b) is there a difference between "ordinarily resident for xyz immediately before making an application" and "ordinarily resident for xyz before making an application"?
c) could someone confirm the definition of PIO?
According to A8 of the Constitution, a PIO is a person who, or either of the parents, or either of the grandparents were born in India according to GoI Act, 1935 and are ordinarily residing in a territory outside India. Lakshmikant defines it as either the person, or their parents were born in undivided India or in a territory which became a part of India after 15 Aug 1947.
thank you very, very much.
1) ordinary resident means non INDIAN residing in INDIAN TERRITORY (eg: for 11 years before applying for citizenship)
2) NO as such there is no difference
3) As such PIO is not functional , they had been merged with OCI category by govt.
can someone please clear the status of WHIP ?
convention or statutory ???
@dhanvantri convention
what is the difference between effective and aggregate demand?
Someone please help
@Param_Roy : the point where Demand is equal to supply (aggregate ) is the effective demand. Its the equilibrium point...... aggregate demand is the demand of the economy in simple terms
@oldrustyagain29523 yeah you have the values correct, but GCF of 28-29 means 28-29% of GDP and 32-33 would mean 32-33% of GDP. Since India’s GDP is much greater, GCF of India would be higher than GCF of Bangladesh.Or am I making a simple error I’m not able to see here
See i would suggest to look into it the other way. If you are aware that Bangladesh is growing at much higher rate than India ...then it means the GCF formation is more of Bangladesh than India.
GDP is sum of goods and services produce. Using GCF/GCFC it produces both capital and consumption goods. Now the more capital goods is produced the more GCF / capital stock will be accumulated. This further surge the GDP. But the other way round is not true . Eg: GDP is increasing in nominal terms but GDP growth rate would be decreasing.
In short GCF is increasing then GDP will increase for sure but GDP increasing then it may be that GCF is not increasing that much compared to consumption goods production. You may consider the following relation GCF:Investment: capital goods produced
The Britishers established their first factory at Masulipatnam or Surat. In one test of Vision it is mentioned Surat and in another Masulipatnam?
Masulipatnam ..... In surat the had just a trading fort not factory extensively(prior to any factory)
1609: trading port surat
1611: masulipatnam
1613: surat
Doubt about the density of continental and oceanic crust-
page no 25, ncert, physical geography says that continental crust is made up of heavier rocks having a density of 3 g/cm3.
The mean density of oceanic crust is 2.7 g/cm3.
G.C.Leong on the other hand says quite the opposite. That is, continental is 2.7 and oceanic is 3.
What should be our response if a question asks us about which one is denser?
NCERT has a mistake in this regard. This has been pointed by many faculty . Oceanic is denser then continental.
Doubt about the density of continental and oceanic crust-
page no 25, ncert, physical geography says that continental crust is made up of heavier rocks having a density of 3 g/cm3.
The mean density of oceanic crust is 2.7 g/cm3.
G.C.Leong on the other hand says quite the opposite. That is, continental is 2.7 and oceanic is 3.
What should be our response if a question asks us about which one is denser?
NCERT has a mistake in this regard. This has been pointed by many faculty . Oceanic is denser then continental.
Moreover an example: when two plate collide subduction of heavier plates occur. .In case of Oceanic - continental crust , subduction of oceanic plates occur.
Reg Swaraj
who used the term swaraj first ??
doubt is I read in SFG solution as Swami Vivekanand though it wasn't direct
Second I read gokhale in benaras session 1905
Third in 1906 session Dada Bhai
fourth Tilak as swaraj is my birth right
So what will be the actual answer , M confused in this ??
Doubt 2: regarding Viceroy and acts done under them , any trick to prepare them
@sator private members are not barred, that’s right. No provision says they cannot introduce.
just to add to the discussion , separate government bills with those of private members. This will give more clarity to the doubt.
Which is the largest soil group in India- Alluvial or Red soil?
Confused between these two.Classification by ICAR
1. Red soil 29.08%
2. Black soil 24.12%
3. Alluvial soil 23.40%
https://www.researchgate.net/publication/319056687_SOILS_OF_INDIA
But PMFIAS says alluvial soil
do check this https://krishijagran.com/agripedia/7-major-soil-types-in-india-know-which-soil-type-is-perfect-for-which-crops/
so i still feel its alluvial
Which is the largest soil group in India- Alluvial or Red soil?
Confused between these two.Classification by ICAR
1. Red soil 29.08%
2. Black soil 24.12%
3. Alluvial soil 23.40%
https://www.researchgate.net/publication/319056687_SOILS_OF_INDIA
But PMFIAS says alluvial soil
do check this https://krishijagran.com/agripedia/7-major-soil-types-in-india-know-which-soil-type-is-perfect-for-which-crops/
so i still feel its alluvial
Source: ICAR-NBSSLUP( National Bureau of Soil Survey and Land Use Planning)
yup , i found it in year book too . Thanxs
Which of the following statements are true regarding 'Terms of trade' (ToT) of a country with another country:
(i) It is ratio of export price index to import price index
(ii) It is a ratio of value of exports to value of imports
(iii) It is a measure of how much imports a country can get for a unit of exported goods
(iv) ToT increases with increase in price of exported goods
Select the correct answer using the code given below:
(a) (i) only
(b) (ii) & (iv)
(c) (i), (iii) & (iv) only
(d) (ii), (iii) & (iv) only
shouldn't the answer be option d , ??
Which of the following statements are true regarding 'Terms of trade' (ToT) of a country with another country:
(i) It is ratio of export price index to import price index
(ii) It is a ratio of value of exports to value of imports
(iii) It is a measure of how much imports a country can get for a unit of exported goods
(iv) ToT increases with increase in price of exported goods
Select the correct answer using the code given below:
(a) (i) only
(b) (ii) & (iv)
(c) (i), (iii) & (iv) only
(d) (ii), (iii) & (iv) only
shouldn't the answer be option d , ??
I think its b. There is gross and net terms of trade. Gross terms of trade is the ratio of value of exports to value of imports. Net is about the volume of trade. For India both are -ve.
See TOT is what you have explained but its the export price / import price that is equivalent to statement third . Hence its C , i mixed it up with price and value .
Another doubt : Investment in unlisted company is always treated as FDI is this statement correct ??
I read somewhere that it may be treated as FDI irrespective of threshold
can someone clarify this please
Consider the following statements regarding the interest rates linked with an external benchmark rate:
(i) External benchmark rate can be repo rate or yield on government securities or any rate published by Financial Benchmarks India Pvt. Ltd.
(ii) Once repo rate changes the lending rate of banks will automatically change
(iii) Banks are mandated by RBI to link the deposit and lending rate with external benchmark rate
Select the correct answer using the code given below:
(a) (i) only
(b) (i) & (ii) only
(c) (ii) only
(d) (i) & (iii) only
why the third statement is wrong can someone tell this please and also the previous doubt
@LetsGetThisBreadi think yes. earlier there was a limit of 6% on FPI investment in Gsec, but recently, on some specified gsec, rbi has eliminated the limit and 100% Foreign investment can be made
i guess you are talking about the VRR scheme for FPI's correct ??
My brain cells are working on limited capacity and my test scores make me feel dumb 👉🏻👈🏻
see go to basics, bonds/debt instruments and Equity diff. Now FDI is always in Equity and shares :) FPI can be in both debt and equity
Hope it clears your doubt !!
Is FDI allowed in purchase of g-secs?Gsec are bonds :P now answer this yourself
My brain cells are working on limited capacity and my test scores make me feel dumb 👉🏻👈🏻
see go to basics, bonds/debt instruments and Equity diff. Now FDI is always in Equity and shares :) FPI can be in both debt and equity
Still not quite there yet… 😬
wait read this
FDI is done in equity and shares . Now reason for FDI to come in a country is economic growth . THey want management control for decisions.
FPI's are for quick money making . They invest in both Debt papers,bonds/ Equity shares . WHy so beocz bonds me they can sell it as soon as they fetch higher price in market . Equity me they will get good return due to booming economic growth .
FPI invests in gsec's subject to 6% upper bracket and 2% in SDLs
wait read this
FDI is done in equity and shares . Now reason for FDI to come in a country is economic growth . THey want management control for decisions.
FPI's are for quick money making . They invest in both Debt papers,bonds/ Equity shares . WHy so beocz bonds me they can sell it as soon as they fetch higher price in market . Equity me they will get good return due to booming economic growth .
FPI invests in gsec's subject to 6% upper bracket and 2% in SDLs
Now you have confused me. Do we really have to make a difference as like FPI and FDI while talking about foriegn invetsments in g-secs. Foreign investment is foriegn investment. I think the difference b/w FPI and FDI is mainly due to the how much one invests in the company and would make no sense here. (10% or the above rule)
One more doubt : when talking about foriegn invetsments, are all the FPI's allowed to investment in G-secs w/o limit or there is difference b/w NRI's and others.
Foreign investment in Indian , you may talk about the total foreign investment
When talking about Gsec its only FPIs , think naa how can you invest as FDI (equity one) in gsecs (which is a debt /bond instrument). There is difference between FDI /FPI ( company one which you have stated ) . here you can say FDI/FPI both can invest in equity / shares . however as debt / bond only FPIs can invest .
Yes all are allowed to invest but there is cap for non Indian . However the new scheme stated early as VRR route gives a room to increase the limit for FPIs to invest more than prescribed limit given few cavets. (No need to remember this for UPSC , but if ur interested to know just search VRR scheme for FPIs .)
Hope this helps. Also a suggestion if you get confused with above explanation just omit this discussion else you'll waste time . JUST read the basic concepts that would suffice for exam. :)
please clarify chronology.. everything is mixed up in ncert
is the mahajanapada age and age of buddha same? also is later vedic age iron age? nbpw is ashoka era or mahajanapada age?
see mahajanpada and buddhism were evolving together and few of them were contemporary of buddha too , its like political changes resulted into mahajanpada rise and socio religious changes resulted into new religion. think of it as rise of second urbanisation in india
so if you ask specific question then will be able to help in this regard. Becoz explaining entire thing will be a huge task :)
Yes later vedic is associated to iron use and iron age evolving
Give suggestions guys, I have tried attempting some of the test. The recent ones. I attempt in the range of 40-45, get somewhere 5-9 incorrect. Score hovers's around 65-75 ( for 50 ques)
I don't know all the stuff, intelligent guessing is working, should I be happy I am scoring or I be sad that I don't know stuff. People who are attempting SFG tell me, do you guys are also making intelligent guessing? or you know everything.
How would you have solved this?
21st question is vague need not worry about it . Even if it comes you can leave
25th groundnut and oil imports are standard ( i believe seeing PYQs even if its not the answer/ its there as options)
using this you can solve (as palm oil is the most ) again general view from survey no such specific thing top 3 of imports we shld see them . Seashum you might not know but since second statement is wrong you arrive to answer
15th : leopard is standard for prep wildlife species eg: lion/cheetah/tiger / one horn rhino/ elephant etc these you can prepare for UPSC . they do ask them
@sstarrr also always see PYQs if the type of question is asked . last 4-5 years you will get to see the pattern they are asking . observe that and stick to your plan . do not panic in such questions . haan but leopard and groundnut one you can prepare and will be beneficial for sure in exam .
crops me : cotton/sugarcane/tea/coffee/wheat/jute/pulses /millets/jowar /apple/banana/groundnut if you prepare it will be helpful in exam either directly or through option elimination
hope this helps
Can some tell which all are correct statements below :
TAX BUOYANCY
(i) Ratio of percentage change in tax revenue to percentage change in GDP
(ii) Ratio of change in tax revenue to change in GDP
Consider the following statements regarding Forex Reserves:
(i) The country’s Forex Reserves fully covers the external debt of India
(ii) The country’s Forex Reserves full
In this second statement is wrong or correct ??
Reasons for the formation of Mascarene High near Madagascar?
I believe we need to refer to the planetary winds circulation . Development of the various pressure belt system . Now the dynamically induced pressure belt makes descends down near that region making it high pressure region .
Shifting of pressure belt system as ITCZ moves upwards so does the other pressure belt system moves
@RAGNAROK since it's ratio of growth rates I don't think taking abosute difference between numbers will be correct.Foresx reserves as of now fully cover external debt , the coverage ratio is around 101%
I think first statement need to be relooked ....M not convinced as of now with the explanation. can you please elaborate this
Does buddhism believe in transmigration of soul?
kindly answer,i have been encountered with 2 contrasting statements in vision pt test
just to add to the discussion , Buddhism did not get involved into the question of soul
moreover they focused on liberation from the rebirth cycle .
Attaching for your reference :
Can someone please tell me where can I find topics like Sautantrika, Sammitiya, Sarvastivadin (buddhist sects ) and Sthanakvasi etc sects of Jainism?
I can not find them in any NCERT and not even in Nitin Singhania. Yet, I find it asked in almost every test series.
This is giving me a different sort of anxiety now..
New NCERT you may get not the old ones
The reason for not selecting A/B
as of now we all agree possible answer to be A/B/D.
A: Quit India movement started with non violent nature . However the nature transformed when the attrocities by british grew towards the people.
B: Though the movement was led by Gandhi ( as per the congress session announcement made in Ramgarh session ). However it became leaderless movement.
D: outrightly negate involvement of Labour class ( I may get stuck if its written less involvement or similar statment)
DIFFERANCE BETWEEN ASSET RECONSTRUCTON COMPANY AND BAD BANKS?
Asset Reconstruction would just tend to take find potential buyers of the strained assets . It does not take over the control of the entire assets rather just facilitate the purchase.( in layman term you can equate them to real estate broker facilitating land sale/purchase). THE ARC take these Assets on discount and then resell. they do not take direct upfront NPA's.
BAD banks will just take over the entire NPA of PSB,s . Effect will be that PSB will recover entire amount upfront. While the Bad bank will suffer the loss of the NPA,s. Burden of NPA gets transferred to bad bank.
Hope this helps.
Regarding PT365 Environmemt Module:
The source mentions the last sighting of Himalayan Quail in 2010, while most internet sources date it back to 1870's (including WWF )
I'm skeptical of VisionIAS module's 2010 claim since there were other mistakes in the module
(Like they said Chairman of NBWL is the Environment Minister!)
Which one is the correct date?
They have corrected Chairman of NBWL as PM in their updated material as errata
can someone explain monetising the deficit and deficit financing along with its implication like effect on money supply and monetary base and public debt .
Abit confused hence asking . Thanxs in advance
Refer to June 2021 Vision Monthly magazine once. Everything will be clear.
i had read it still the doubts which i had
1) two modes a) deficit financing b) monetisation of the deficit ...correct ??
2) deficit financing : omo rbi does( not primary market frbm act restriction) or borrows from outside correct ??
3) deficit financing increase in money supply as well as monetary base .....correct??
4) monetising the deficit : rbi prints money and give it govt ....money supply doesn't increase as such .however as govt spends oney supply will increase correct ???
any other concepts related to this and any correction in the above please suggest
Bond yields are inversely proportional to equity returns. True or False?
My take : Equity returns reduce -->Bond demand increases -->Price increases -->Yield decreases. So, bond yield and equity returns is directly proportional.
Above statement is mentioned true. So, where am I going wrong?
a hundred percent correct that there exist inverse relation between the two
DIFFERANCE BETWEEN ASSET RECONSTRUCTON COMPANY AND BAD BANKS?Asset Reconstruction would just tend to take find potential buyers of the strained assets . It does not take over the control of the entire assets rather just facilitate the purchase.( in layman term you can equate them to real estate broker facilitating land sale/purchase). THE ARC take these Assets on discount and then resell. they do not take direct upfront NPA's.
BAD banks will just take over the entire NPA of PSB,s . Effect will be that PSB will recover entire amount upfront. While the Bad bank will suffer the loss of the NPA,s. Burden of NPA gets transferred to bad bank.
Hope this helps.
FROM VIVEK SIRS EXPLAINATION : THIS MIGHT GIVVE MORE CLARITY REG BAD BANK :
The above is news from Hindu. Following are some relevant points.
1) Govt. of India has created a "bad bank" named "National Asset Reconstruction Company Limited (NARCL)". NARCL is owned by Government of India, which basically means NARCL/bad bank is a PSU.
2) Let us understand what the article is trying to say through an example:
Suppose SBI had earlier given loan worth Rs. 1000 crore and it turned into NPA.
So, SBI would like to sell this NPA/bad loan to the bad bank (NARCL) and recover the money and would like to focus on its banking business.
So, Bad bank will purchase this NPA from SBI but not in Rs. 1000 crore. The bad bank will try to estimate how much money it would actually be able to recover from the NPA and accordingly it would quote a price for it. If SBI also agrees then, SBI will sell this NPA/bad loan (paper) to bad bank, let us say in Rs. 300 crore. But the bad bank will not immediately pay in cash Rs. 300 crore to SBI. Rather, the bad bank will pay 15% of the agreed amount (of the Rs. 300 crore) i,e. Rs. 45 crore in cash and the rest 85% i.e. Rs. 255 crore in securities (a kind of debt paper). But what if the bad bank/NARCL in future does not pay the amount mentioned in the security ?? i.e. bad bank does not repay its debt of Rs. 255 crore.
So, as per the news article, Govt. of India has agreed to provide "Government Guarantee" on the securities that will be issued by the bad bank.
You may be wondering that why there is a need of Govt. guarantee, when the bad bank is already a Govt. company. You should know that a Govt. company can also default. Govt. of India is not legally bound to pay the liabilities of a Govt. company.
Care to explain?
arrey simple : see bond yield and demand u know the relation as explained above
now if bond yield is low will investor invest in bonds or look for other avenues ......he sees that okk no good in investing in bond lets move to equity market correct .....(this you only have explained above)
what you have explained is hundred percentage correct just that u have deduced the relation wrong. ask your self you will get the answer. the statement "MY Take " is correct just you reread twice you will come to the answer
a increases then b increases = direct relation
a increases then b decreases = inverse relation
hope you are cleared on this
DIFFERANCE BETWEEN ASSET RECONSTRUCTON COMPANY AND BAD BANKS?Asset Reconstruction would just tend to take find potential buyers of the strained assets . It does not take over the control of the entire assets rather just facilitate the purchase.( in layman term you can equate them to real estate broker facilitating land sale/purchase). THE ARC take these Assets on discount and then resell. they do not take direct upfront NPA's.
BAD banks will just take over the entire NPA of PSB,s . Effect will be that PSB will recover entire amount upfront. While the Bad bank will suffer the loss of the NPA,s. Burden of NPA gets transferred to bad bank.
Hope this helps.
FROM VIVEK SIRS EXPLAINATION : THIS MIGHT GIVVE MORE CLARITY REG BAD BANK :
The above is news from Hindu. Following are some relevant points.
1) Govt. of India has created a "bad bank" named "National Asset Reconstruction Company Limited (NARCL)". NARCL is owned by Government of India, which basically means NARCL/bad bank is a PSU.
2) Let us understand what the article is trying to say through an example:
Suppose SBI had earlier given loan worth Rs. 1000 crore and it turned into NPA.
So, SBI would like to sell this NPA/bad loan to the bad bank (NARCL) and recover the money and would like to focus on its banking business.
So, Bad bank will purchase this NPA from SBI but not in Rs. 1000 crore. The bad bank will try to estimate how much money it would actually be able to recover from the NPA and accordingly it would quote a price for it. If SBI also agrees then, SBI will sell this NPA/bad loan (paper) to bad bank, let us say in Rs. 300 crore. But the bad bank will not immediately pay in cash Rs. 300 crore to SBI. Rather, the bad bank will pay 15% of the agreed amount (of the Rs. 300 crore) i,e. Rs. 45 crore in cash and the rest 85% i.e. Rs. 255 crore in securities (a kind of debt paper). But what if the bad bank/NARCL in future does not pay the amount mentioned in the security ?? i.e. bad bank does not repay its debt of Rs. 255 crore.
So, as per the news article, Govt. of India has agreed to provide "Government Guarantee" on the securities that will be issued by the bad bank.
You may be wondering that why there is a need of Govt. guarantee, when the bad bank is already a Govt. company. You should know that a Govt. company can also default. Govt. of India is not legally bound to pay the liabilities of a Govt. company.
I think both of your statement are contradictry.
The name of the proposed bad bank in the name itself has ARC in it. So I don't think there is any such difference between the two.
Correct me if I am wrong.
see govt has addressed it ARC /BAD BANKS so now go with the current updated version of the statements. This means no difference as such. Earlier there was strict classification when ex-CEA arvind subramanium sir had proposed the concept of BAD BANKS.
SO yeah you are correct.
Consider the following statements with reference to Fixed-term employment (FTE): 1. Fixed-term employment (FTE) is a contract in which a company hires an employee for a specific period of time. 2. An FTE worker will be entitled to all statutory benefits like a permanent worker. 3. The Industrial Relations Code, 2020 allow converting permanent jobs into fixed-term contracts.
Which of the statements given above is/are correct? (a) 1 only (b) 1 and 2 only (c) 2 and 3 only (d) 1, 2 and 3
IN this is the statement 3 correct , I believe its the opposite naa ??
@RAGNAROK go by 22 crops, that's what pib and eco survey says.
ohhkk thanxs
and we consider sugarcane separately correct .....22 crops + 1 for sugarcane FRP
can someone tell if the following statements are true or any correction is required
office of chairperson election
1) for PRI
determined by manner state by law
plus 1/3rd reserve for women + sc/st reserve as per proportion of the sc/st population to total state population
2) Muncipality
determined by state by law for sc/st/women
so states can only recommend naa there is as such no role of states in any of the list correct ??
And also another doubt is that sc/st/obc list varies across states or there is a uniformity . please answer these two doubts . Thanxs !!
