MPPSC Prelims and Mains Notes, MPPCS Test Series
Protectionism is the economic policy of restricting imports from other countries through methods such as tariffs on imported goods, import quotas, and a variety of other government regulations. Protectionist policies help immune the producers, businesses, and workers of the import-competing sector in the country from foreign competitors. Impact on India Positive: India has … Read more
Ramanuja: Born in A.D. 1166 in a small town near Chenni (Madras), Ramanuja was a worshipper of Vishnu and preached Vaishnavism. He had a great following in the South. Ramananda: The greatest preacher of this cult in north India was Ramananda. He discarded all caste distinctions and his disciples belonged to all castes. Kabir: … Read more
Rig Vedic economy was primarily pastoral. They domesticated Pashu (which included cattle, horse and even human beings), as opposed to Mriga, i.e. wild animals. Cattle was synonymous with wealth and a wealthy person was called Gomat. Cattle was so important that the terms of battle were derived from Gau itself, such as Gavisti, Gosu, Gavyat, … Read more
Monetary transmission refers to the process by which a central bank’s monetary policy decisions are passed on, through financial markets, to businesses and households. A Ponzi scheme is a fraudulent investing scam promising high rates of return with little risk to investors. Instances of people losing their hard-earned money to Ponzi schemes keep … Read more
Article 123 of the constitution grants power to President to promulgate ordinance if he/she feels conditions are necessary for a law, provided the parliament is not in session. SO it is a extraordinary power which shall be utilised in rare situation. The concerns raised against the ordinance is that its frequent use and repromulgation … Read more
: Nitrogen is the most abundant gas in the atmosphere and it is in inert form. But when it converts into reactive form like ammonia, nitrous oxide and nitrogen di oxide, it become dangerous for the ecosystem in many ways. Nitrogenous gases also play an important role in global climate change. Nitrous oxide is a particularly … Read more
: It was not just the fact that they built magnificent temples or made exquisite idols, the Cholas also came up with an excellent system of governance and administration. While it was a monarchy, like most other kingdoms of that era, there was a serious attempt to decentralize, and provide self government right at the … Read more
. CRISPR stands for Clustered regularly interspaced short palindromic repeats it is in the series of molecular scissors which is used for deletion, insertion and replacement of genome to achieve the desired result. It is latest technology of gene editing. Cas-9 is an enzyme. It use a synthetic guide RNA to introduce a double strand … Read more
Recapitalisation plan is a mechanism to deal with the problems of NPA in the financial institutions. It is one of the four R’s to address the issue of NPA’s. In Oct,17 Centre has announced a 2.11 lakh crore recapitalisation plan for the public sector banks over the next two years. The recapitalisation plan is a … Read more
It will help to reduce the expenditure incurred in conducting elections. Cost of holding simultaneous election as reckoned by the election commission is way less than holding independently. Always in electioneering mode entails another costs. Our PM rightly said that how frequent elections and campaigns hurt the federal structure as leaders were “forced to … Read more