KPSC KAS Prelims and Mains Exam
Strengthening of ethical and moral values in governance The notion of “Good Governance” has become the buzzword these days in wake of globalization. Good governance is commonly described as a style of governance that is efficient, effective, responsive, corruption free and citizen friendly for ensuring people’s trust in government and promoting social harmony, political stability … Read more
Financial Inclusion Financial inclusion or inclusive financing is the delivery of financial services at affordable costs to sections of disadvantaged and low-income segments of society, in contrast to financial exclusion where those services are not available or affordable. Government of India has launched an innovative scheme of Jan Dhan Yojna for Financial Inclusion to provide … Read more
KARNATAKA Karnataka Senapade members stage protest Condemning the attack on the driver and conductor of Karnataka State Road Transport Corporation(KSRTC) in Tamil Nadu, members of the Karnataka Senapade staged a protest near the Mysuru Law Court.The agitators sought a ban on the screening of films of the two stars. The protesters mooted the idea of a national … Read more
INTERNATIONAL India improves its childhood index global ranking India has been placed at 113th position in the list of 175 countries in “End of Childhood Index 2018” indexed by global child rights group, Save the Children. The overall score of India in 2018 rose by 14 points from 754 in 2017 to 768 on … Read more
Indian Public Finance Value Added Tax Under the constitution the States have the exclusive power to tax sales and purchases of goods other than newspapers There are however defects of sales tax It is regressive in nature. Families with low income a larger proportion of their income as sales tax. Has a cascading effect – … Read more
Money Supply Money supply is the entire stock of currency and other liquid instruments in a country’s economy as of a particular time. The money supply can include cash, coins and balances held in checking and savings accounts. Money Supply can be estimated as narrow or broad money. There are four measures of money supply … Read more
The process of industrial transition divided into: industrial growth during the 19th century and industrial progress during the 20th century Industrial growth during the 19th century Decline of indigenous industries and the rise of large scale modern industries 1850-55: first cotton mill, first jute mill and the first coal mine established. Railway also introduced. … Read more
Role of Commercial Banks A Commercial bank is a type of financial institution that provides services such as accepting deposits, making business loans, and offering basic investment products There is acute shortage of capital. People lack initiative and enterprise. Means of transport are undeveloped. Industry is depressed. The commercial banks help in overcoming these obstacles and promoting … Read more
Dadabhai Naoroji: ‘Poverty in India’ (1876) He claimed that the drain of wealth and capital from the country which started after 1757 was responsible for absence of development in India. Drain was done through trade, industry and finance Two elements of the drain That arising from the remittances by European officials of their savings, … Read more
Karnataka Tax and economic reforms Karnataka Goods and Services Tax Bill, 2017 The ‘Karnataka Goods and Services Tax Bill, 2017’ was unanimously passed by the state assembly. Before Karnataka, as many as 24 states and Union Territories had passed the State Goods and Services Tax (SGST) bill in their respective legislative assemblies. As per the … Read more