DMPQ-India recently ratified Kigali Amendment to the Montreal Protocol on Substances that Deplete the Ozone Layer for phase down of Hydroflurocarbons (HFCs). Explain the significance of the decision. Also mention it’s probable impacts on India’s economy including employment generation.

The Union Cabinet, had given its approval for ratification of the Kigali Amendment to the Montreal Protocol on Substances that Deplete the Ozone Layer for phase down of Hydroflurocarbons (HFCs) by India, adopted by the Parties to the Montreal Protocol on October, 2016 at 28 th Meeting of the Parties to the Montreal Protocol held … Read more

DMPQ-What are ‘Smart Cities’? Examine their relevance for urban development in India. Will it increase rural-urban differences? Give arguments for ’Smart Villages’ in the light of PURA and RURBAN Mission.

A ‘smart city’ is an urban region that is highly advanced in terms of overall infrastructure, sustainable real estate, communications and market viability. It is a city where information technology is the principle infrastructure and the basis for providing essential services to residents. In recent times, the increasing burden on urban settlements raises concern related … Read more

DMPQ-. Explain how Reserve Bank of India conducts monetary policy?

The Reserve Bank of India (RBI) is vested with the responsibility of conducting monetary policy. This responsibility is explicitly mandated under the Reserve Bank of India Act, 1934. Recently there were many changes in the way Monetary Policy of India is formed – with the introduction of Monetary Policy Framework (MPF), Monetary Policy Committee (MPC), … Read more

dmpq-. Explain the reasons for India’s high NPA’s. Also discuss how does it impacts India’s Economy.

Possible reasons for NPAs Diversification of funds to unrelated business/fraud. Lapses due to diligence. Busines losses due to changes in business/regulatory environment. Lack of morale, particularly after government schemes which had written off loans. Global, regional or national financial crisis which results in erosion of margins and profits of companies, therefore, stressing their balance sheet … Read more

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