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PRADHAN MANTRI AWAS YOJANA (PMAY) Objective- PMAY & PMAY (Gramin) are launched to achieve Housing for All by 2022 Mission Important Points 1.  Construct two crore houses across the nation. 2.  Central grant of Rs. one lakhs per house, on an average, will be available under the slum rehabilitation programme. 3.  Program will be implemented into three phase April 2015 - March 2017, April 2017 - March 2019 and April 2019 - March 2022 NATIONAL PENSION SCHEME Objective  of this scheme is to provide retirement income to all the citizens Important points 1. ELIGIBILITY -All citizens of India between the age of 18 and 60 years can join this plan. 2.  NPS is administered by the PFRDA(Pension Fund Regulatory And Development Authority) 3.  NPS is divided into  tier-I NPS account, Tier-ii NPS account, NPS - Swavalamban scheme Tier I Account -  Under this account, withdrawals are not allowed. It is solely meant for savings after the subscriber’s retirement. Tier II Account -  Unde

PUBLIC FINANCE A. Tax revenue  – It consists of the proceeds of taxes & other duties levied by the government. The various taxes that are imposed by a government can be categorised into two groups. 1.  Direct Taxes 2.  Indirect Taxes 1. Direct taxes  – Direct Taxes are those taxes which are paid by the same person on whom they have been imposed. Tax burden cannot be shifted on to others. Example - Income Tax, wealth tax. 2. Indirect taxes  – Those taxes whose burden (partial or whole) can be shifted. Example - Excise duty. Note - the Basis of classifying taxes into direct tax & Indirect tax is whether the burden of the tax is shiftable to others or not. B. Non-Tax revenue  – It includes receipts from sources other than taxes. The main sources of non-tax revenues are -Interest, Profits & dividends, Fees & fines, Special assessment, Gifts & grants, Escheats Capital receipts-  Capital receipts are defined as any receipt of the government which either create

PUBLIC FINANCE Meaning of Budget  – Government budget is an annual statement, showing the item-wise estimation of receipts & expenditure during a fiscal year. Elements of Budget  1.  It is a statement that shows estimated receipts & estimated expenditure during a fiscal year. 2.  It shows estimates of government receipts & expenditure during a fixed period generally in a year. 3.  Budget requires the approval by the parliament. Objectives of Government Budget  1.  Reallocation of resources 2 . Redistribution of income & wealth  3.  Economic stability 4.  Management of public Enterprises 5.  Promotion of economic development NOTE- In short, a budget is a powerful weapon in the hands of government through which it can affect the generation, distribution & spending of National Income. Structure of the Budget  – The components of budget can also be categorised according to receipts & expenditures. On this basis two broad components are as follows:- A

The Historical Background Indianisation of the superior civil services became one of the major demands of the political movement, compelling the British Indian government to consider the setting up of a Public Service Commission for recruitment of candidates to its services in the Union territory. The first Public Service Commission was set up on 1 October 1926. However, its limited advisory functions failed to satisfy the people’s aspirations and the continued stress on this aspect by the leaders of our freedom movement resulted in the setting up of the Federal Public Service Commission under the Government of India Act, 1935. Under this Act, for the first time, provision was also made for the formation of Public Service Commissions at the provincial level. The Constituent Assembly, after independence, saw the need for giving a secure and autonomous status to Public Service Commissions, both at the Federal and Provincial levels, for ensuring unbiased recruitment to civil services, a

Definition:  A rise in the general level of price in an economy. That is sustained over time. The opposite of Inflation in ‘deflation’.Inflation, in general, is just a price rise.When the general level of prices is falling over a period of time it is called deflation.The rate of inflation is measured on the basis of price indices which are of two kind WPI & CPIWPI - Wholesale Price IndexCPI - Consumer price Index Rate of inflation (Year x) In the index, the total weight is taken as 100 at particular year of the past i.e. Base year (Year of reference)Inflation is measured ‘point to point’. It means that the reference dates for the annual inflation are January to January of two consecutive years. This is similar for even weekly inflation. Types of Inflation: Broadly there are 2 types of inflation. (a) Demand - Pull Inflation: A mismatch between demand & supply pulls up the price.Either demand increases over the same level of supply or the supply decreases the same level of

The words ‘Statistics’ appears to have been derived from the latin word ‘status’ meaning a (political) state. In its origin, Statistic was simply the collect of data on different aspects of the life of the people. Statistics deals with data collected for specific purposes. We can make decisions about the data by analysing and interpreting it. Central line tendency Mean : The mean or average of a number of observation is the sum of the value of all the observation divided by the total number of the observations. It is denoted by the symbol ,  read as x bar Here n is a number of observation. Example-  people were asked about the time in a week they spend in doing social work in their community. They said 10, 7, 13, 20 and 15 hours respectively.Find the mean (or average) time in a week devoted by them in social work. Sol.  The mean =(Sum of all the observations)/(Total number of observations) =(10 + 7 + 13 + 20 + 15)/5=65/5=13  So, the time spent by these 5 people in doing socia

Green Revolution – I Introduced in 1966 (Plan Holiday) Father of Green Revolt – Dr. Norman Borlog Father of Green Revolt – M. S. Swaminathan (In India) Objectives: - Use of high yielding variety seeds, fertiliser, power and increase food productivity. Green Revolt – Phase – I – Wheat  Phase – II – Rice Focus Area: - Punjab, Haryana, Western U.P.   Green Revolution– II    concept by – Dr. A. P. J. Abdul Kalam “Evergreen Revolution or Rainbow revolution” Start in decade of 2000 Objective: - Promote agriculture a/c to climate condition and also promote organic farming and increase overall food security. Focus crop: - Milk, egg, Meat, Vegetable → A/C to climatic condition Focus Area: - All India Organic farming:  - No use/less use of fertiliser - use bio fertiliser, like – Earthworm - the concept is given by – Albert Howard (1930 – 40) Zero farming:  - up to 3-4 years. – Continuous use of organic fertiliser/ organic farming and due to this fertility of soil increase and Af

Dear Students, SSC is going to conduct CHSL 2016 from 7th January 2017 to 5th February 2017. SSC has already issued the venue details of candidates. Soon, SSC will issue Admit cards also. Keep checking your respective regional websites for Admit Cards.  SSC has also issued a Sample Online Exam for candidate's convenience and training for the online exam. You can check it on SSC official website. It's important to be familiar with the latest change in the pattern  of The SSC Computer Based Exam.  SSC has taken a very good initiative by uploading a Sample Online Exam. Below, You'll find the link and a screenshot of the Sample form. All the candidates are advised to go through this Sample Online Exam and be exam ready.  We wish you all the very best for your SSC CHSL Exam.        CLICK HERE FOR THE LINK 

Hello Friends Today I will tell you about common route to exam centre Akademia Online Test Centre, Dwarka. First you have to reach Dwarka Mor Metro railway station , then you have to take e-rickshaw which will take 5 or 10 rupees to the exam centre. I hope you like this, so kindly comment below the post and do share your response. Thanks for reading :)

A. याद रखने के लिए यदि किसी बैंक के नाम में " Bank of India " आता है तो उसका मुख्यालय मुंबई होगा . BANK OF INDIA “ ==> -MUMBAI 1. BANK OF INDIA ==> MUMBAI 2. Central BANK OF INDIA ==> MUMBAI 3. Industrial Development BANK OF INDIA ==> MUMBAI 4. State BANK OF INDIA ==> MUMBAI 5. Union BANK OF INDIA ==> MUMBAI 6. Reserve BANK OF INDIA ==> MUMBAI 7. Securities and Exchange BOARD OF INDIA ==> MUMBAI 8. Dena Bank - ==> MUMBAI (देना बैंक को छोड़ कर) B. यदि किसी बैंक के नाम में " UNITED " आता है तो उसका मुख्यालय KOLKATA होगा. 9. UNITED Bank of India 10. UNITED Commercial Bank 11. Allahbad Bank C. यदि किसी बैंक के नाम में " PUNJAB MAHILA " आता है तो उसका मुख्यालय DELHI होगा. 12. PUNJAB National Bank 13. PUNJAB & Sind Bank 14. Bharathiya MAHILA Bank 15. Oriental bank of commerce D. यदि किसी बैंक के नाम में " INDIAN " आता है तो उसका मुख्यालय CHENNAI होगा. 16. INDIAN Overseas Bank 17. INDIAN Bank E.

The Association of Southeast Asian Nations (ASEAN) is a regional grouping which promotes economic, political, and security cooperation among its members. It was established on 8 August 1967 in Bangkok, Thailand, with the signing of the ASEAN Declaration (Bangkok Declaration) by the Founding Fathers of ASEAN, namely Indonesia, Malaysia, Philippines, Singapore and Thailand.  The ASEAN Community is comprised of three pillars, the Political-Security Community, Economic Community and Socio-Cultural Community. ASEAN work with a motto of “One Vision, One Identity, One Community”. The group was expanded by adding 5 more nations which are Brunei Darussalam, Lao PDR, Cambodia, Myanmar and Vietnam. Cambodia was the last added member of the group in 1999. Currently ASEAN has ten members :   Indonesia, Malaysia, Philippines, Thailand, Singapore, Brunei Darussalam, Lao PDR , Vietnam,  Myanmar and Cambodia. ASEAN Headquarter : Jakarta, Indonesia ASEAN was basically established in order to: 1.

Hello Friends, It's always been adventure to find new place but sometimes it could be so frustrating too for people who are not aware about this place. Today i will tell you about common path of  iON Digital Zone iDZ 1 & 2, 30/7A, C Block, Sector 62, C Block, Phase 2, Industrial Area, Sector 62, Noida, Uttar Pradesh 201309. The path is simple and very easy. Normal Day Ion Digital Noida 1. First reach to Noida City Centre and then take auto to C-Block, sector-62 to reach the centre. (Fare- 30 Rupees/-) There are two big companies buildings- Samsung and Barclays. 2. From Noida Sec 15 either you can take sharing auto for sector 62 and get down near CSC ( You can tell auto driver to stop at CSC, Fare : 20 rs/ person) or you can take private auto to Sec 62 ( fare: 100 rs). Rajiv Chowk to Noida City Centre I hope you like this, so kindly comment below the post and do share your response. Thanks for reading :)

I hope you like this, so kindly comment below the post and do share your response. Thanks for reading :)

Today we’ll discuss about Puzzle. This topic is can fetch you marks easily but you need to know the right concepts and types of questions to practice.  In banking exams Puzzle questions can be asked in itself or Data Sufficiency. Usually 10-12 questions can be asked from this topic, thus it can fetch you easy marks with right practice. Introduction:  From practical experience and the general trends, it can be asserted that the question on “puzzle” can be generally classified into the following types of problems:- 1. Simple problems of categorization 2. Arrangement problems 3. Comparison Problems 4. Blood Relations 5. Blood Relations with professions 6. Conditional selection 7. Miscellaneous problems In the puzzles, you shall be given fast-working and efficient methods for all the types of problems above. Preliminary steps  1. First of all, take a quick glance at the question. This would need not more than a couple of seconds. 2. After performing this step you would develop

UN (United Nation) is an intergovernmental organization ,established to promote the peace and harmony in the world and act as an intermediator to help the nations to resolve their disputes with negotiations. The name "United Nations", coined by United States President Franklin D. Roosevelt on 1st January 1942, during the Second World War. It is currently made up of 193 Member States. The mission and work of the United Nations are guided by the purposes and principles contained in its founding Charter. 2015 marked the 70th anniversary of the United Nations. History of United Nation : In 1945, representatives of 50 countries met in San Francisco at the United Nations Conference on International Organization to draw up the United Nations Charter. Those delegates deliberated on the basis of proposals worked out by the representatives of China, the Soviet Union, the United Kingdom and the United States at Dumbarton Oaks, United States in August-October 1944. The Charter was s

Dear Readers, Today we’ll discuss about Probability. This topic is can fetch you marks easily but you need to know the right concepts and types of questions to practice. All about Probability Probability Probability theory deals in random events. The central objects of probability theory are random variables, and events. Event is generally defined as outcome of an experiment. Events can be classified as deterministic or probabilistic (random). Deterministic Event When an experiment is repeated under homogeneous conditions and it produces the same results, then the experiment is known as deterministic experiment.  ☞ For example  if a car runs at a speed of 50 km/hr under uninterrupted condition it will reach a place 100 km distant in 2 hr. Random or Probabilistic Event An experiment when repeated under identical condition does not produce the same result every time but out come is one of the several possible out comes, then such an experiment is known as a probabilistic experi

Dear Readers, Today we’ll discuss about Seating Arrangement. This topic is can fetch you marks easily but you need to know the right concepts and types of questions to practice.  In banking exams Seating Arrangement questions can be asked in itself or Data Sufficiency. Usually 10-12 questions can be asked from this topic, thus it can fetch you easy marks with right practice. Introduction ⇒ In seating arrangement, we are generally asked to arrange a group of people according to the given conditions. They may have to be seated around a table, the table could be of any shape-circular, square, rectangular, pentagonal or any other. To solve seating arrangement problems on the basis of the information given in the equation. ⇒ It is one of the important part of the reasoning section for any competitive exam (specially Bank PO). In this part, questions are based on set of information containing set of conditions which gives hidden information followed by set of questions. ⇒ These type of