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Doubt Clearance Thread: UPSC 2021

"When in doubt, observe and ask questions. When certain, observe at length and ask many more questions."

Created this thread as a one stop solution for all members so that all the doubts wherein any conceptual clarification is required can be solved here. 

jack_Sparrow,curious_kidand122 otherslike this
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Can someone please explain how are Graduate MLC elections conducted and how is their vote weightage calculated? It was held in Telangana recently, IIRC.
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Has anyone referred to TN Class 12( old or new) for Modern History and World History ? How is it?
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If it is given in an option that GST compensation cess is credited to CFI then should we mark it as wrong or right? As first it is kept in CFI and then later transferred to the GST Compensation Fund under Public Account.
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Who recommends the price for MSP FOR MINOR FOREST PRODUCE?
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@Rewl1 modern history is 11th standard, right? 


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@Rewl1 modern history is 11th standard, right? 


12th standard  one with new  Ncert or TN board 

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i need a guidance about ethics can anyone help me
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@UK01 thank you. I am sorry. I was just thinking about ancient and medieval history for some reason. Haha the obsession does not go away.


UK01,
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Can we have a thread on prelims PYQ elimination techniques? There were a few PDFs shared here last year on intelligent elimination of options. Anyone still have them?
AyeRamadhir,
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Hello, can someone please tell about effects of 'taper tantrum' and it's meaning (in simple words :( )
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If it is given in an option that GST compensation cess is credited to CFI then should we mark it as wrong or right? As first it is kept in CFI and then later transferred to the GST Compensation Fund under Public Account.

I would say Public Account since the actual GST Compensation Fund is created under the Public Account of India. Still, the wording of the question would matter and it could be quite ambiguous depending on the question so UPSC could go for either one of them as the right answer.

mehuifs,
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@Lorelei Taper tantrum:
When govt goes for quantitative easing (QE) or expansionary fiscal policy after a crisis, it seeks to increase money supply and inflation to boost growth. But after a couple of years it is supposed to end the QE.
Govt should end QE gradually (taper it off). If it suddenly ends QE, it creates panic in the market that a restrictive policy is coming, ie. signals rising interest rates. 
This increasesbond yield, since bonds want to give their customers more money than if the customers were to place money in the bank accounts.

This triggers stock market dip/crash, since money flows from stock market to bond market. 
ie. market throws tantrums like a child.


ArchAngel96,Undine
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@Lorelei Taper tantrum:
When govt goes for quantitative easing (QE) or expansionary fiscal policy after a crisis, it seeks to increase money supply and inflation to boost growth. But after a couple of years it is supposed to end the QE.
Govt should end QE gradually (taper it off). If it suddenly ends QE, it creates panic in the market that a restrictive policy is coming, ie. signals rising interest rates. 
This increasesbond yield, since bonds want to give their customers more money than if the customers were to place money in the bank accounts.

This triggers stock market dip/crash, since money flows from stock market to bond market. 
ie. market throws tantrums like a child.


Thankyou!

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Hey
Can you all please tell me the test series you are solving for pre this year?

I thought of doing vision but the questions seem redundant, considering last year's prelims paper.
Soo any suggestions??
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Is research also prohibited which involves animals placed under CITES Appendix I & WPA, 1972 Schedule I? Kindly help.
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Who recommends the price for MSP FOR MINOR FOREST PRODUCE?

Central government recommends and collection is done by TRIFED(source 2020 lockdown news when govt revised mfp prices and losses occurred to forest dwellers.)

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How would you answer the following question?


Consider the following statements.

  1. Chairman of Rajya Sabha presides over joint sitting of both houses of Parliament, if Speaker and Deputy Speaker of lower house is absent.
  2. The Provision of Joint sitting in State Legislature is not applied to Money Bills or Constitutional Amendment Bills.

Which of the above statements is/are correct?


The choices are the usual 1 is correct, 2 is correct etc.

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