MPPSC Prelims and Mains Notes, MPPCS Test Series
FRBM is fiscal responsibility and budget management act is an act of parliament of India to institutionalise financial discipline, reduce India’s fiscal deficit , improve macroeconomic management and the overall management of the public funds by moving towards a balanced budget. The main purpose of the budget was to eliminate the revenue deficit and to … Read more
MADHYA PRADESH Madhya Pradesh gets $525 Million Loan for Infra Projects from BRICS Bank Madhya Pradeshapproved a $350-million loan for the Major District Roads Project II of Madhya Pradesh and $175 million for building and upgrading 350 bridges. The loan will be used by the Indian government for on-lending to the Madhya Pradesh … Read more
The goal of Non cooperation movement was swaraj. Though, the goal of swaraj was not achieved, the non cooperation movement had achieved lot of intangible benefits which have furthered the cause of national struggle. The advantage rendered by NCM are discussed here under: Wide spread participation: It reach among many sections of Indian peasants, workers, … Read more
Tax avoidance Tax evasion Legal way of saving taxes. Illegal in a financial system Recording of income Not recording of income. Help in saving, at the same time money can be channelized for economic growth Help in saving, but since money is not accounted. Money cannot be channelized for economic growth. Positive extrenalities … Read more
Lok adlalats are a tool of alternative dispute resolution mechanism. They are mentioned in the section 89 of the CPC. They are the peoples court outside the regular court. It was set up in 1987 under National legal service authority act, 1987. Hence, they have statutory status. They work differently as compared to normal courts … Read more
The goal of Non cooperation movement was swaraj. Though, the goal of swaraj was not achieved, the non cooperation movement had achieved lot of intangible benefits which have furthered the cause of national struggle. The advantage rendered by NCM are discussed here under: Wide spread participation: It reach among many sections of Indian peasants, workers, … Read more
El-nino is the classical phenomenon where warming of Pacific ocean takes place near the western coast of Peru and Equador. It occurs at every 3-4 years. It weakens the trade winds and changes in southern oscillation , thereby affects the rainfall pattern across the world. Southern oscillation: Southern oscillation is the alternating of sea level … Read more
MADHYA PRADESH BRICS bank approves USD 525-million loan for infra projects in Madhya Pradesh The New Development Bank (NDB) of the BRICS countries has approved a USD 525-million loan to Madhya Pradesh for infrastructure projects. The Board of Directors of the NDB approved a USD 350-million loan for the Major District Roads Project … Read more
MADHYA PRADESH Kahani Utsav to be organised in Govt schools A Kahani Utsav is being organized in the government schools of the state in two categories to make routine studies more interesting. The state-level programme of Kahani Utsav will be organized at the Institute of Advanced Study in Education, Bhopal on October 8 … Read more
MADHYA PRADESH Rise in number of endangered birds noticed in western MP The number of Lesser floricans, an endangered species of migratory birds, visiting western Madhya Pradesh has increased this year. Every year, the birds migrate to Madhya Pradesh, Maharashtra, Rajasthan and Gujarat in July, and live there for around four months … Read more