DMPQ :What are masala bonds? Explain their significance (ECONOMY)

Masala bonds are bonds issued outside India but denominated in Indian Rupees, rather than the local currency The term was used by the International Finance Corporation (IFC) to evoke the culture and cuisine of India Unlike dollar bonds, where the borrower takes the currency risk, masala bond makes the investors bear the risk The first … Read more

10.01.19 (MPPSC) Mdhya Pradesh Current Affairs

MADHYA PRADESH   Madhya Pradesh MLAs to get crash course in anti-defection law   MP assembly will hold a special session within a month to apprise the legislators about anti-defection law and other laws that the elected representatives must know for smooth functioning of assembly. The session becomes important and topical as none of the parties have a … Read more

DMPQ: . What is Washington consensus? (Polity)

It was a new development strategy developed in the early 1980’s. This term was coined due to the failure of the state owned intervention , communist and socialist strategies across the world. Governments of the socialist or the planned economies were urged/suggested to privatise and liberalise, to sell off state-owned companies and eliminate government intervention … Read more

DMPQ: Discuss the provisions of the charter act of 1861.(history)

:   Major provisions of the act are as follows: Subscribe on YouTube   Introduction of portfolio system by lord canning. Expansion of executive council. Now there were 4 members. For legislative purpose, the governor general council was expanded. Now 6-12 additional members can be nominated. There were appointed for a period of 2 years. Out … Read more

09.01.19 (MPPSC) Mdhya Pradesh Current Affairs

MADHYA PRADESH   Madhya Pradesh History : Revolt in Sagar Narmada territory   In 1820 this entire land, designated as the Sagar Narmada territory, was placed under an Agent to the Governor-General. In 1842 there was an upsurge in the Sagar-Narmada territory against the British tyranny. Jawahar Singh Bundela of Chandrapur and Madhukar Shah of … Read more

DMPQ: What is secularism? How Indian concept of secularism is different from western form of secularism? ( sociology)

The word secularism was earlier used in negative sense. With increase of the rationality and intellectualness its meaning and reference both changed altogether. Western concept of secularism means complete separation of religion and state. Join Our Telegram Channel Indian form of secularism is different. It means equal respect for all the religion. This form was … Read more

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