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Approach Write a short note on the concept of gender budgeting. Highlight the challenges related to it. Briefly mention the steps that need to be taken to address these challenges. Conclude accordingly. Answer Gender budgeting means incorporating a gender perspective at all levels of the budgetary process and restructuring revenues and expenditures in order …
Read More52nd GST Council meeting underway in New Delhi News: In New Delhi, the 52nd GST Council meeting is currently in session. The meeting is being chaired by Nirmala Sitharaman, the Union Finance Minister. Along with senior officials from the Centre and States, Finance Ministers of the States and Union Territories, and Union Minister of State …
Read MoreRelevance GS Paper 2 Important Aspects of Governance, Transparency and Accountability, E-governance- applications, models, successes, limitations, and potential; Citizens Charters, Transparency & Accountability and institutional and other measures. Tags: #Governance #GoodGovernance #PrincipleOfGovernance #AspectsOfGovernance #UPSC #GS2Governance. What is Governance? The World Bank Defines Governance as “the manner in which the power is exercised in the administration …
Read MoreRelevance GS Paper 3 Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment. Tags: IBC #NPA #debt #Banking #UPSC #CurrentAffairs #InsolvencyandBankruptcyCode. Why in the News? The Ministry of Corporate Affairs emphasizes professionalism among insolvency professionals (IPs), urging compliance with IBC regulations and the avoidance of conflicts of interest, amid a low 29.5% …
Read MoreRelevance GS Paper – 2, Government Policies & Interventions, Issues Relating to Poverty & Hunger. Tags: #SDG4 #NEP2020 #upsc #competitive-exams. Why in the news? The recently released SDGs Report 2023 flagged slow progress and painted a grim picture due to the prolonged effects of COVID-19, the impacts of the climate crisis, the Russia-Ukraine conflict, and …
Read MoreMonetary Policy Committee is unlikely to cut rates any time soon as global and domestic risks loom large Relevance GS Paper 3 Indian Economy and issues relating to planning, mobilization, of resources, growth, development, and employment. Inclusive growth and issues arising from it. Tags: #monetorypolicy #MPC #RBI #currentaffairs #upsc. Why in the News? In the …
Read MoreApproach ● Start with a brief introduction about National Income Accounting. ● Mention its significance. ● Discuss various factors affecting the GDP of a country. ● Conclude accordingly. Answer National Income Accounting (NIA) refers to methods or techniques used to measure the economic activity in a national economy as a whole. National income of …
Read MoreApproach ● Start by explaining public debt. ● Highlight recent trends and discuss issues associated with high public debt. ● Conclude accordingly. Answer In the Indian context, public debt includes the total liabilities of the Union government that have to be paid from the Consolidated Fund of India. Sometimes, the term is also used …
Read MoreApproach ● Briefly define monetary policy. ● Mention the instruments of monetary policy available with the RBI. ● Discuss how the RBI not only acts as a banker to the commercial banks but also to the government. ● Conclude accordingly. Answer Monetary policy refers to the policy of the central bank with regard to …
Read MoreApproach ● Give a brief definition of money. ● Mention various functions of money. ● List down the advantages of money over other types of assets. ● Conclude accordingly. Answer Money is an economic unit that functions as a generally recognized medium of exchange for transactional purposes in an economy. Economically, each government has …
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