General Studies Archives

Important 15 International Environmental Organisations

August 20, 2021 / Environment

Important international environmental organisations United Nations Framework Convention on Climate Change (UNFCCC) United Nations Convention on Biological Diversity (UNCBD) The United Nations Convention on Biological Diversity, informally known as the Biodiversity Convention, is a multilateral treaty opened for signature at the Earth Summit in Rio De Janeiro in 1992. It is a key document regarding […]

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Important theories of Oceans and Continents| Continental Drift Theory| Sea Floor Spreading| Plate Tectonics

August 20, 2021 / Geography

Introduction of Oceans And Continents Different theories regarding the origin of the continents and ocean basins have been put forth by the scientists from time to time. Before examining these views about their origin we should know the characteristic features of the distributional patterns and arrangement of the continents and ocean basins: Different theories of

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20 lesser-known Indian freedom fighters

August 15, 2021 / History

20 lesser-known freedom fighters of India India’s freedom movement against the British witnessed the overwhelming participation of people throughout the country. From Kashmir to Kanyakumari, Assam to Gujarat, thousands of men and women fought together against the atrocities of the British Raj. While many selflessly gave their lives to protect the dignity of their motherland,

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Important Facts about National Flag of India

August 13, 2021 / Polity

Introduction of National Flag of India Why National Flag is hoisted at Red Fort? INA trials in 1945-1946 How did India get its National Flag? Info about National Flag Flag Code of India There are some rules and regulations upon how to fly the flag, based on the 26 January 2002 legislation. These include the

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Indian Judiciary | Important Points | UPSC

August 12, 2021 / Polity

Introduction of Indian Judiciary The Judiciary is a system of courts which interpret and apply the law. The role of the courts is to decide cases by determining the relevant facts and the relevant law, and applying the relevant facts to the relevant law. The Indian judicial system follows the common law system based on recorded judicial precedents as inherited from the

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Planning Commission to NITI Aayog| Important Points

August 2, 2021 / Economy

About Planning Commission The Planning Commission was set up by a Resolution of the Government of India in March 1950. Prime minister was the ex officio chairman of the planning commission assisted by a deputy chairman. It included 6 union cabinet ministers as its ex officio members. There was also a member secretary. The planning commission

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Recommendations of Urjit Patel Committee

August 1, 2021 / Economy

Recommendations Of Urjit Patel Committee Official name : Expert Committee to Revise and Strengthen the Monetary Policy Framework The key recommendations of the Urjit Patel Committee are: The headline Consumer Price Index (CPI) should be the nominal anchor for monetary policy and the Reserve Bank of India (RBI) should make this the predominant objective. The nominal

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MSME Development Act 2006| Updated Definition| Important Schemes| Measures taken by Government

August 1, 2021 / Economy

Introduction of MSME Development Act 2006 Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 which was notified on October 2, 2006, deals with the definition of MSMEs. The MSMED Act, 2006 defines the Micro, Small and Medium Enterprises based on the investment in plant and machinery for those engaged in manufacturing or production, processing

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Monetary Policy of RBI| Important Points

July 30, 2021 / Economy

Introduction of Monetary Policy Monetary policy framed by the central bank of a country (RBI in case of India). It involves management of money supply and interest rate for achieving price stability while maintaining growth. In case of India, RBI targets one such macro economic indicators, “Inflation”. It is through the monetary policy, RBI controls inflation in

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Important Concepts of Fiscal Policy| Fiscal Stimulus| Crowding out Effect| Fiscal Drag

July 29, 2021 / Economy

Definition of Fiscal Policy Fiscal policy is the means by which a government adjusts its spending levels and tax rates to monitor and influence a nation’s economy. Fiscal policy, in simple terms, is an estimate of taxation and government spending that impacts the economy. Fiscal policy is a complimentary strategy to monetary policy (through which a central bank

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