MPPSC Prelims and Mains Notes, MPPCS Test Series
A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 engaged in the business of loans and advances, acquisition of shares/stocks/bonds/debentures/securities issued by Government or local authority or other marketable securities of a like nature, leasing, hire-purchase, insurance business, chit business but does not include any institution whose principal business is … Read more
PMO is the attached office of the Prime minister. It acts as a centralised agency. The relevance of PMO is decided by the person holding the post of the PM and the kind of government majority government or minority government. Relevance of PMO: Acts as a repository of data, records, files etc. Hence provide continuity … Read more
Parthenogenesis Parthenogenesis, a reproductive strategy that involves development of a female (rarely a male) gamete (sex cell) without fertilization. It occurs commonly among lower plants and invertebrate animals (particularly rotifers, aphids, ants, wasps, and bees) and rarely among higher vertebrates. An egg produced parthenogenetically may be either haploid (i.e., with one set of dissimilar chromosomes) … Read more
The draft legislation is based on the 2010 report SudhaKaul Committee, and will replace the Persons with Disabilities Act, 1995. The act was brought to comply with the UN Convention on Rights of Persons with Disabilities, to which India became a signatory in 2007. The 1995 Act recognised 7 disabilities – blindness, low vision, leprosy-cured, … Read more
: Government budget is the annual financial statement presented by the finance minister which contains the following figure: Actual estimate for FY 2017-18 Budget estimate for FY 2018-19 and Revised estimate for FY 2018-19 Budget estimate for FY 2019-2020 The budget is divide into two parts: Revenue budget Capital budget
Medium of Exchange The only alternative to using money is to go back to the barter system. However, as a system of exchange the barter system would be highly impracticable today. For example, if the baker who supplied the green-grocer with bread had to take payment in onions and carrots, he may either not like … Read more
The Deep Web (also known as the Undernet, invisible Web and hidden Web, among other monikers) consists of data that you won’t locate with a simple Google search. The deep web, invisible web, or hidden web are parts of the World Wide Web whose contents are not indexed by standard web search engines. The opposite … Read more
The revolt of 1857 marks a turning point in the history of India. It led to far-reaching changes in the system of administration and the policies of the British government. Even before the Revolt could be suppressed fully, the British Parliament, on August 2, 1858, passed an Act for the Better Government of India. The … Read more
The essence of federalism lies in the sharing of legal sovereignty by the union and the federation units. This separation of power is done through list system enshrined in 7th schedule of the constitution. There are Union list ( Centre law making zone), State list ( state law making zone), Concurrent list ( both can … Read more
The Paramara kings were great builders of magnificent cities, lakes, and temples. Bhoja rebuilt the city of Dhara. A Hoysala grant from Belur, dated 1117 A. D., records that “Dhara was made prosperous by Bhoja.’ Since his reign, it had enjoyed the position of the chief city of Malwa, even down to the time of … Read more