N.K.Singh is the chairman of the FRBM review committee. It was set up in May 2016 by the Government of India to review the FRBM Act. The fiscal... View Article
GDP is the total value of goods and services produced in a country in a particular time period. Fiscal Deficit is sometimes measured as a... View Article
Public debt is the total amount borrowed by the Government to finance its development activities. Internal loans comprise more than 90% of the... View Article
Yes, the Fiscal Responsibility and Budget Management (FRBM) Act, 2003 is applicable to all states. It was first implemented by Karnataka in 2002.... View Article
As per the Fiscal Responsibility and Budget Management (FRBM) Act, 2003 the responsibility of reviewing the FRBM Act could be given to the... View Article
For FY 2020, the fiscal deficit limit was relaxed to 3.5% by the Central Government. As per FRBM Act, the fiscal deficit limit should be 3% of... View Article
Karnataka was the first state to implement the Fiscal Responsibility and Budget Management (FRBM) Act.You can read about Fiscal Responsibility... View Article
Merchant Discount Rate (MDR) is a percentage of the value of the digital transaction processed.You can read about The Reserve Bank of India:... View Article
Merchant Discount Rate (MDR) is also known as Transaction Discount Rate. It is the sum total of all the taxes and charges that are incurred when... View Article
An example of cross default clause in a loan agreement is if a person defaults on his mortgage, then the person will default on his 4 wheeler... View Article
Are you looking for IAS coaching in Coimbatore? You have landed at the correct place! Get all the detailed information about the best UPSC... View Article
UPSC Current Affairs Preparation: The Hindu Analysis Watch expert analysis of ‘The Hindu’ dated 6th Sep 2021. Important news and views to boost... View Article
The Economic and Political Weekly (EPW) is an important source of study material for IAS, especially for the current affairs segment. In this... View Article
A Dust Storm, otherwise known as a sandstorm, is a meteorological phenomenon that occurs frequently in arid and semi-arid regions. Apart from a... View Article
Sept 6th, 2021, CNA:- Download PDF Here TABLE OF CONTENTS A. GS 1 Related B. GS 2 Related C. GS 3 Related INTERNAL SECURITY 1. Agencies flag... View Article
Bhitarkanika National Park is a large national park in northeast Kendrapara district of Odisha in eastern India. It is spread for 145 km2 and... View Article
Economy is an important part of the UPSC prelims and mains exams; this series titled ‘Economy This Week’ has been initiated to address the need... View Article
UPSC Current Affairs Preparation: The Hindu Analysis Watch expert analysis of ‘The Hindu’ dated 5th Sep 2021. Important news and views to boost... View Article
Sept 5th, 2021, CNA:- Download PDF Here TABLE OF CONTENTS A. GS 1 Related B. GS 2 Related C. GS 3 Related ENVIRONMENT AND ECOLOGY 1. Punjab... View Article
