MPPSC Prelims and Mains Notes, MPPCS Test Series
. As of August 2019, India is the third-largest producer and fourth-largest consumer of electricity in the world with an installed capacity of about 350 GW. This power is generated from both traditional and renewable sources. The advent of newer models such as microgrids, the influx of renewables, and the revised target of having 227 … Read more
A credit rating agency (CRA, also called a ratings service) is a company that assigns credit ratings, which rate a debtor’s ability to pay back debt by making timely principal and interest payments and the likelihood of default. An agency may rate the creditworthiness of issuers of debt obligations, of debt instruments, and in some … Read more
Crust: The outer most layer or shell of the earth is known as earth’s crust. On an average it is 30km deep. It can be up to 70km under high mountains and up to 8km under ocean. It represents less than 1% of earth’s total volume and its average density is 2.7 gm/cm3. It is … Read more
Affordable rental housing scheme for urban poor including migrants was launched under the aegis of Pradhan mantri awas Yojana. Under this development, government-funded housing in urban areas/cities will be converted into Affordable Rental Housing Complexes (ARHCs). This will be through the public-private partnership (PPP) model. Government housing complexes lying vacant will be converted so that … Read more
To create a secure cyber ecosystem in the country, generate adequate trust & confidence in IT systems and transactions in cyberspace and thereby enhance adoption of IT in all sectors of the economy. To create an assurance framework for design of security policies and for promotion and enabling actions for compliance to global security standards … Read more
. India has the third largest military in the world and is the sixth biggest defence spender. India is also one of the largest importers of conventional defence equipment and spends around 30% of its total defense budget on capital acquisitions. 60% of defence related requirements are currently met through imports. The ‘Make in India’ … Read more
It was proposed by a panel led by PNB chairman Sunil Mehta to address the bad loansproblem in India’s banking sector Public sector banks (PSBs) will need an additional capital of Rs 1.1-1.3 trillion over thenext two years to implement a five-point strategy to tackle bad loans, a committeereport on project ‘Sashakt’ has recommended. … Read more
Current account: Current account refers to the account maintained by every government of the world in which every kind of transaction is shown, this account is maintained by the central banking body. Current transactions of an economy in foreign currency all over the world- export, import, interest payments, foreign investments in share. Capital account: … Read more
: Winds blowing across the ocean surface push water away. Water then rises up from beneath the surface to replace the water that was pushed away. This process is known as “upwelling.” Upwelling occurs in the open ocean and along coastlines. The reverse process, called “downwelling,” also occurs when wind causes surface water to … Read more
RBI thus has certain quantitative and qualitative tools through which it manages liquidity and they are as follows: Cash Reserve Ratio (CRR) Every bank has to retain a certain percentage of its demands and time liabilities in cash with the RBI which can be raised by the RBI to drain out excess liquidity or reduced … Read more