DMPQ- Trace India’s progress towards market exchange rate.

Managed float regime is the current international financial environment in which exchange rates fluctuate from day to day, but central banks attempt to influence their countries’ exchange rates by buying and selling currencies. It is also known as a dirty float. India’s exchange rate policy has evolved over time in line with the gradual opening … Read more

20.06.19 Madhya Pradesh (MPPCS) Daily Current Affairs

MADHYA PRADESH Nath: Prepare MoU for Metro project of Bhopal, Indore   Chief Minister Kamal Nath has asked the concerning authorities to prepare a tripartite MoU for the Metro project of Bhopal and Indore and implement it the earliest.   The Chief Minister asked the officers to complete all the formalities for seeking loans from … Read more

Regional Organizations

 Regional Organizations                Association of Southeast Asian Nations (ASEAN)   The Association of Southeast Asian Nations (ASEAN) was formed in 1967 by Indonesia, Malaysia, the Philippines, Singapore, and Thailand to promote political and economic cooperation and regional stability. The member countries of the Association of … Read more

DMPQ- Saras Mk2

Saras Mk2 It is a light transport aircraft which is indigenously developed by National Aerospace Laboratory (NAL) The 19-seater aircraft, developed with a target cost of ₹50 crore, is at least 20-25% lower in cost than other aircraft in the similar category. pitching or the government’s UDAN (Ude Desh Ka Aam Nagrik), since it has … Read more

DMPQ- What do you understand by the term Super Earth?

In the strictest sense, a super earth is just a planet with more mass than Earth, but less than a larger planet like Uranus or Neptune. So, super earths made of rock and metal, or even ice and gas. These planets could have oceans and atmospheres, or made of nothing but hydrogen and helium. The … Read more

Citizen charter

Citizen charter The Citizens’ Charter is an instrument which seeks to make an organization transparent, accountable and citizen friendly. A Citizens’ Charter is basically a set of commitments made by an organization regarding the standards of service which it delivers. Every citizens’ charter has several essential components to make it meaningful; the first being the … Read more

DMPQ: What are tribunals? Discuss the issues attached with tribunals.

Tribunals are established as per appropriate statutory provisions and are observed as an alternative medium to the conventional judicial bodies for the redressal of grievances and settling disputes. A tribunal, in a plain language, is a. body of administrative character that has been powered with judicial powers to adjudicate one question of law or fact … Read more

DMPQ:YuvaSahakar Scheme

National Cooperative Development Corporation (NCDC) has introduced YuvaSahakar-Cooperative Enterprise Support and Innovation Scheme.  This is a youth friendly scheme which will attract youths to cooperative business ventures.  The scheme will be linked to Rs.1000 crore Cooperative Start-up and Innovation Fund (CSIF)‘.  The scheme envisages 2% less than the applicable rate of interest on term loan … Read more