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Monday, May 11, 2020

Budget 2020 Expected Question

06:49
(1).How many trains will run under the public private partnership (PPP) mode?
(A).50
(B).150
(C).300
(D).500


(2).Which scheme has been launched to clear 4.83 direct tax cases pending in various forums?
(A).Vivad se Vishwaas Scheme
(B).Vishwaas se Vivad Scheme
(C).Vishwaas Scheme.
(D).Vivad Scheme.


(3).How much is revenue foregone due to abolition of Dividend Distribution Tax?
(A).Rs-5,000 crore
(B).Rs 10,000 crore
(C).20,000 crore
(D).Rs 25,000 crore


(4).What will be the new income tax slab for income between Rs7.5 lakh-10 lakh?
(A).5%
(B).10%
(C).15%
(D).20%


(5).There has been loss of substantial revenue in short term due to?

(A).Income tax rate cut
(B).Custom tax rate cut.
(C).Corporate tax rate cut
(D).Wealth tax rate cut.


(6).What will be the Net market borrowing of government for FY 21?
(A).Rs 5.36 lakh crore.
(B).Rs 8.36 lakh crore
(C).Rs 2.36 lakh crore
(D).Rs 7.36 lakh crore


(7).What is the estimated total expenditure for FY 21?
(A).Rs 25.62 lakh crore

(B).Rs 28.92 lakh crore
(C).Rs 30.42 lakh crore
(D).Rs 33.22 lakh crore.


(8).What is the Estimated fiscal deficit for FY 2019-20?
(A).3.2%
(B).3.3%
(C).3.6%
(D).3.8%


(9).Government has decided to raise capital in LIC.It will done through which method?
(A).IPO
(B).FPO
(C).Issuing Bonds
(D).None of the above.


(10).The FPI Limits in Corporate bonds has been raised from 9% to?
(A).10%
(B).12%
(C).14%
(D).15%


(11).How many MSME got benefited from debt restructuring in 2019-20?
(A).More than 2 Lakh
(B).More than 5 Lakh
(C).More than 7 Lakh
(D).More than 10 Lakh


(12).Deposit insurance cover has been hiked from Rs 1 lakh to What amount?
(A).Rs 2 Lakh
(B).Rs 3 Lakh
(C).Rs 5 Lakh
(D).Rs 7 Lakh


(13).How much Capital has been Infused into PSU banks?
(A).Rs 2.5 Lakh crore
(B).Rs 5.5 Lakh crore
(C).Rs 1.5 Lakh crore
(D).Rs 3.5 lakh crore.


(14).India will host G-20 residency in 2022 during 75th year of India’s independence.How much allocation has been made towards it?
(A).50 crore
(B).100 crore
(C).500 crore
(D).1000 crore


(15).How much allocation has been made to encourage plans to have clean air by the state governments?
(A).Rs 4,400 crore
(B).Rs 8,400 crore
(C).Rs 12,400
(D).Rs 16,400 crore.


(16).How much more airport will be developed under UDAN by 2024?
(A).50
(B).75
(C).100
(D).200


(17).Five archaeological sites will be set up with museums.Which is not one of the site?
(A).Rakhi Gadi in Haryana
(B).Ellora in Maharashtra
(C).Hastinapur in UP
(D).Dholavira in Gujarat.


(18).How much has been allocated to SC/OBC and ST schemes?
(A).Rs 53,700 crore & Rs 85,000 crore
(B).Rs 85,000 crore & Rs 53,700 crore
(C).Rs 65,000 crore & Rs 33,700 crore
(D).Rs 33,700 crore & Rs 65,000 crore.


(19).How much allocation has been made in nutrition-related programmes in FY 21?
(A).Rs 75,900 crore
(B).Rs 28,900 crore
(C).Rs 55,600 crore
(D).Rs 35,600 crore


(20).How much is the gross enrolment of girls in elementary levels?
(A).94.32%
(B).96.62%
(C).91.32%
(D).98.62%


(21).How much an average household now saves because of implementation of GST?

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Shubhra Ranjan PSIR Optional Paper 2 Notes PDF

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Shubhra Ranjan PSIR Optional Paper 1 Notes PDF

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Sunday, May 10, 2020

The HINDU Notes – 10th May 2020

11:58




📰 New road to Kailash Mansarovar runs into diplomatic trouble

Nepal says India has breached a 2014 agreement

•India’s plans to shorten the travel time for pilgrims to Kailash Mansarovar ran into a diplomatic trouble as Nepal strongly objected to the new link road from India to China which was inaugurated by Defence Minister Rajnath Singh on Friday. In a strongly worded statement, Nepal’s Foreign Ministry said the decision to build the road through territory at the Lipulekh pass that it claims as its territory is a breach of an agreement reached between the two countries to discuss the matter.

•“The Government of Nepal has learnt with regret about the ‘inauguration’ yesterday by India of ‘Link Road’ connecting to Lipulekh, which passes through Nepali territory,” said the statement on Saturday.

•“This unilateral act runs against the understanding reached between the two countries including at the level of Prime Ministers that a solution to boundary issues would be sought through negotiation,” the statement said, referring to the agreement between Prime Minister Narendra Modi and (then) Nepal PM Sushil Koirala in 2014 for Foreign Secretaries to work out the “outstanding boundary issues” on Kalapani (where Lipulekh lies) and Susta.

MEA response

•The Ministry of External Affairs said the road going through Uttarakhand’s Pithoragarh district “lies completely within the territory of India”.

•“The road follows the pre-existing route used by the pilgrims of the Kailash Mansarovar Yatra. Under the present project, the same road has been made pliable for the ease and convenience of pilgrims, locals and traders,” the MEA said, adding that the boundary delineation exercise with Nepal is ongoing, and that “India is committed to resolving outstanding boundary issues through diplomatic dialogue and in the spirit of our close and friendly bilateral relations with Nepal”.

•Nepal Prime Minister K.P. Sharma Oli, along with Pushpa Kamal Dahal “Prachanda”, both of whom are co-chairmen of the ruling Nepal Communist Party (NCP) issued separate statements, referring to India’s decision to build the road during the coronavirus pandemic as “deplorable”, and urged India and Nepal to take steps to resolve the issue.

•Several student activists from the All Nepal National Free Students Union (ANNFSU) affiliated to the ruling Nepal Communist Party and other groups protested outside the Indian embassy in Kathmandu over the new road. “Leaders within the ruling party are also putting pressure on the government to take initiatives in the matter,” a senior Nepali official told The Hindu.

•The road that starts from Dharchula in Uttarakhand and runs 80 km to the Lipulekh pass was built by the Border Roads Organisation to help shorten the travel time to reach Kailash Mansarovar in Tibet by about three days each way. Mr. Singh had ‘inaugurated’ it via video conference on Friday, flanked by Chief of Defence Staff (CDS) General Bipin Rawat and Chief of Army Staff General Manoj Mukund Naravane.

•“The Government of Nepal calls upon the Government of India to refrain from carrying out any activity inside the territory of Nepal,” the Nepal Foreign Ministry added.

•Nepal’s latest objection comes months after another protest in November 2019 by Mr. Oli’s government against the publication of Indian maps that included the Kalapani area. At the time, the Ministry of External Affairs had rejected Nepal’s contention, asserting that the map “accurately depicts the sovereign territory of India”.

•In its latest statement, the Nepali Foreign Ministry also referred to previous notes verbales issued in 2015, after India and China included Lipulekh pass in an agreement on bilateral trade routes, during PM Modi’s visit to China, and said the pending boundary issues, that surfaced in 1997 when India and China agreed to reopen the pass, should be resolved through “diplomatic means”.

•“With this in mind, the Government of Nepal has proposed twice the dates for holding the meeting of the Foreign Secretaries of the two countries, as mandated by their leaders, for which the response from the Indian side is still awaited,” the Foreign Ministry said.

📰 How can inter-State workers be protected?

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Vajiram and Ravi India Year Book 2020 Summary PDF

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THE HINDU NEWSPAPER IMPORTANT ARTICLES 10.05.2020

Saturday, May 09, 2020

Daily Current Affairs, 09th May 2020

18:02


1) World Migratory Bird Day observed globally on 9 May
•World Migratory Bird Day is observed globally on 9 May every year. The aim of the day is to raise awareness of migratory birds and the importance of international cooperation to conserve them. This time the theme of World Migratory Bird Day 2020 is “Birds Connect Our World”. The theme highlights the importance of conserving and restoring the ecological connectivity and integrity of ecosystems that support the natural cycles that are essential for the survival and well-being of migratory birds.

•This day is organized by a collaborative partnership among two UN treaties the Convention on Migratory Species (CMS) and the African-Eurasian Migratory Waterbird Agreement (AEWA) and the Colorado-based non-profit organization, Environment for the Americas (EFTA). This day is a global campaign dedicated to raising awareness of migratory birds and the need for international cooperation to conserve them.

2) Nation celebrates 480th birth anniversary of Maharana Pratap
•Nation celebrates 480th birth anniversary of Maharana Pratap on 9 May. He was Born on 9 May 1540. To honour of the brave king, Maharana Pratap Jayanti is celebrated every year on 9 May.

3) Defence Minister inaugurates new road to Kailash Mansarovar
•Defence Minister Rajnath Singh has inaugurated new 80-km road in Uttarakhand which connects close to the Line of Actual Control (LAC) and opens a new route for Kailash Mansarovar yatra via Lipulekh Pass. The Border Roads Organisation (BRO) achieved road connectivity from Dharchula to Lipulekh (China Border) known as Kailash-Mansarovar Yatra Route.

•The biggest advantage of the new route over the earlier ones is that it is the shortest and cheapest route with just one-fifth distance of road travel as compared to others. There is no air travel involved and the majority of the travel, 84%, is in India and only 16% in China compared to other routes where 80% of road travel is in China.

4) UP goverment launches “Pravasi Raahat Mitra” App
•Uttar Pradesh goverment has launched a “Pravasi Raahat Mitra” App to connect migrants with schemes and jobs. The app, developed in coordination with the United Nations Development Programme (UNDP) to keep a watch on the migrants’ health, will also connect them to government schemes and collect their data to help them get a job in accordance with their skills.

•With the help of this app, the government will be able to know about the status of Covid-19 screening, bank account number, educational qualification and other details about migrant labourers put up in shelter homes and those who have reached their homes directly. The app will also help in working out schemes for their welfare.

5) Moody’s cuts India’s GDP growth to “zero” in FY21
•Moody’s cuts down India’s Gross Domestic Product(GDP) growth to “zero” for the current fiscal 2020-21. Its previous estimate was 2.6%. In 2021-22 India’s GDP growth rate will bounce back to 6.6%. The negative outlook reflects an increase in risk that economic growth remains significantly lower than in the past & is triggered by COVID-19. The weakening of fiscal metrics could lead to a downgrade, which will affect investment flow in India.

6) India signs MoUs with Russia for coking coal
•Coal India signed MOUs with two Russian entities within the areas of coking coal mining within the Russian Far East and therefore the Arctic Region. The first MOUs was signed with Far Eastern Agency for Attracting Investments and Supporting Exports (FEAAISE), Russia and the second MoU was signed with Eastern Mining Company (FEMC) of Russian Federation for exploring, identifying, sourcing, negotiating and consummating interdependent investment opportunities within the mining sector within the Russian Far East .

•India is seeking a long-term agreement for supply of crude oil from Russia as it seeks to diversify its sources for hydrocarbons. Both the countries has begun negotiations on long-term assured supplies of petroleum , especially from Russia’s Far East , and has also invited Russian companies, particularly in gas business, gas infrastructure and petrochemicals, to invest in India.

7) TRIFED signs MoU with AOL to promote tribal enterprises
•Tribal Cooperative Marketing Development Federation of India (TRIFED) under the Ministry of Tribal Affairs and Art Of Living(AOL) has signed a Memorandum of Understanding to collaborate in programmes of each organisation for promoting Tribal Enterprises.

•The Art of Living Foundation has agreed to provide Free Ration Kits to Needy Tribes India Artisans. TRIFED Regional Offices have compiled the list of needy tribal artisans and have identified 9,409 needy tribal artisans located across the country for distribution of ration kits under “I Stand With Humanity campaign” of AOL.

8) Defence Ministry signs pact with Tata Power to modernise 37 Airfields
•The Ministry of Defence has signed a pact with the TATA POWER SED to modernize infrastructure of 37 airfields of Indian Air Force. The total cost of the project is estimated to be around Rs 1,200 crore.

•The contract has been signed in Two Phases. Under 1st-Phase of the contract is to Modernization of Airfield Infrastructure, the airfields of the Indian Air Force were upgraded.

•Under 2nd-Phase, the navigational aids and infrastructure are to be upgraded. The 2nd-phase also includes installation and commissioning of modern airfield equipment such as Cat-II Instrument Landing System and Air Field Lightning System. The modern equipment are to be directly connected to Air Traffic Control. This will provide excellent control of airfield system. Under the project, the first modern airfield system was set up at Bhatinda.

9) Kumar Sangakkara set for 2nd term as MCC President
•Former Sri Lanka skipper Kumar Sangakkara is set to serve his second term as the president of Marylebone Cricket Club (MCC). He became the first non-British President of the club when he assumed office on October 1 last year. Sangakkara is all set to enter an elite list of people who have served multiple terms.

•Presidents of MCC traditionally serve only a 12-month term, but during the first and second World War, Lord Hawke (1914-18) and Stanley Christopherson (1939-45) both served for longer periods.
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PMF IAS Geography Notes 2020 PDF Download

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