TNPSC GURU - TNPSC Group 2A/2 Apply Online - Join Test batch: It contains only Exam related topics which is prepared by experts in TNPSC

Latest

Post Top Ad

Showing posts with label It contains only Exam related topics which is prepared by experts in TNPSC. Show all posts
Showing posts with label It contains only Exam related topics which is prepared by experts in TNPSC. Show all posts

Friday, August 4

TNPSC Current Affairs August 3, 2017 for Prelims and Mains - www.TNPSCGURU.In

12:14 0
TNPSC Daily Current Affairs - August, 2017 - TNPSCGURU.IN
1.RBI cuts its repo rate by 25 basis points.

The Reserve Bank of India has announced a cut in the repo rate by 25 basis points which bring down to 6% from 6.25 %. This is the lowest rate since 2010 due to lower retail inflation. The decision was taken six-member Monetary Policy Committee headed by RBI Governor Urjit Patel.

For More Details

2.Cabinet approves MoU to set up BRICS Agriculture Research Platform.

Government has given its ex-post facto approval for Memorandum of Understanding signed between India and other BRICS nations for set up BRICS Agriculture Research Platform (BRICS ARP).

for More Details

3.Cloud Observatory at Munnar, Kerala

A high altitude cloud physics observatory has been established at Munnar, Kerala in Western Ghats, the region which is gateway of Monsoon to observe cloud and rain processes of that region.
Read More
Read more »
Posted by at No comments:
Labels: , , ,

RBI cuts its repo rate by 25 basis points.

11:36 0
TNPSC Daily Current Affairs - August, 2017 - TNPSCGURU.IN
The Reserve Bank of India has announced a cut in the repo rate by 25 basis points which bring down to 6% from 6.25 %. This is the lowest rate since 2010 due to lower retail inflation. The decision was taken six-member Monetary Policy Committee headed by RBI Governor Urjit Patel.

About Repo Rate: 
  • Repo Rate is the rate at which commercial banks borrow money from Reserve bank of India against the securities or bonds of commercial bank. 
  • RBI used the Repo rate to control Inflation. If repo rate increased bank will borrow less and the credit creating capacity of bank will come down which ultimately reduce the money supply in the economy, thus help in controlling inflation. 
  • If RBI Increase its Repo rate, the reverse will happen. 
About Reverse Repo Rate: 
  • Reverse Repo Rate is the rate at which Reserve Bank of India borrow money from Commercial Bank. In simple it is the rate offered by RBI to other banks to deposit their money in RBI.
  • When the commercial banks generate excess money, they will choose to deposit money in RBI if the Reverse Repo rate is high comparing to interest rate on lending loans to customers. Because depositing money in RBI is safer comparing lending to customers.
  • So it will make Customer to opt loan for higher interest for lesser money, which will control the supply of money in economy
Inflation and Deflation.

The general price of Goods and services in an economy increases sustainably is called Inflation.
The general price of Goods and Services of the economy decreases sustainably is called Deflation.
Read More
Posted by at No comments:
Labels: , , ,

Cabinet approves MoU to set up BRICS Agriculture Research Platform.

09:09 0
TNPSC Daily Current Affairs - March , 2017 - TNPSCGURU.IN
Government has given its ex-post facto approval for Memorandum of Understanding signed between India and other BRICS nations for set up BRICS Agriculture Research Platform (BRICS ARP).

About BRICS ARP.
  • BRICS ARP was proposed by Prime Minister Narendra Modi during 7th BRICS Summit held at Ufa in Russia on 9th July 2015.
  • Then the MoU on establishment of the Agricultural Research Platform was signed by the foreign Ministers of BRICS nations in 8th BRICS Summit held at Goa last year.
  • The BRICS ARP  will provide security to the BRICS Nation by  promoting sustainable agricultural development and poverty alleviation through strategic cooperation in agriculture.
  • It also addresses the issues like world hunger, under-nutrition, poverty and inequality, enhancing agricultural trade, bio-security, climate resilient and more.
Read More
Posted by at No comments:
Labels: , , ,

Thursday, August 3

TNPSC Current Affairs August 2 2017 for Prelims and Mains.

00:47 0
TNPSC Daily Current Affairs - August , 2017 - TNPSCGURU.IN

1.Government to launch Intensified Mission Indradhanush.

Ministry of Health and Family welfare  is plan to launch Intensified Mission Indradhanush with the aim to speed up the full immunisation coverage, which mainly focus on urban areas and other areas with low immunization coverage.

As per the new plan, State government has to conduct Intensified Mission Indradhanesh for seven working days starting from October 7 2017 for four continuous months. It will target 118 district, 17 urban areas and 52 districts of north east states. 

 About Project Indradhanush

2.Highways sector to get major push under project Bharatmala.

The ambitious highways development project under Bharatmala is ready to construct 24,800 km of national highways in Phase-I. It will help to improve the road connectivity across the nation.

Read More
Read more »
Posted by at No comments:
Labels: , , ,

Government to launch Intensified Mission Indradhanush.

00:47 0
TNPSC Daily Current Affairs - August , 2017 - TNPSCGURU.IN

Ministry of Health and Family welfare  is plan to launch Intensified Mission Indradhanush with the aim to speed up the full immunization coverage, which mainly focus on urban areas and other areas with low immunization coverage.

As per the new plan, State government has to conduct Intensified Mission Indradhanesh for seven working days starting from October 7 2017 for four continuous months. It will target 118 district, 17 urban areas and 52 districts of north east states. 
.
About Mission Indradhanush: 
  • Mission Indradhanush was launched on Dec 25,2014 with the aim to cover all the children who are partially vaccinated or unvaccinated against 7 vaccine preventable diseases by 2020.
  • The diseases include diphtheria,  tetanus, tuberculosis, whooping cough, measles, polio and hepatitis B.
  • In 2016 Government has added four new vaccines includes Japanese Encephalitis, Rotavirus vaccine, Measles Rubella and inactivated polio vaccines under the Mission Indradhanush.
  • Mission Indradhanush has accelerated the coverage of Universal Immunization Programme (UIP) of India, because in past the coverage was increased at the rate of 1 Percent till 2013. But since Mission Indradhanush launched coverage gets increased rapidly.
Read More
Posted by at No comments:
Labels: , , ,

Wednesday, August 2

TNPSC Current Affairs August 1 2017 for Prelims and Mains.

02:13 0
TNPSC Current Affairs - August , 2017 - TNPSCGURU.IN

1. 19th round of RCEP Meeting, Hyderabad.

The 19th Regional Comprehensive Economic Partnership (RCEP) Trade Negotiating Committee meetings and other related meetings were held in Hyderabad, India,with the ten ASEAN member states and the group’s Free Trade Agreement partners.

About RCEP:
  • RCEP is a proposed free trade agreement being negotiated between 10 ASEAN countries and and their Free Trade Agreement partners , Australia, China, India, Japan, South Korea and New Zealand.
  • It the negotiation get successful, it would create the world’s largest trading  bloc.
  • The trade bloc represents world’s 46 % of population with combined GDP of around $17 trillion and accounts of 40% of world trade.
  • It will cover of issues such as trade in goods, services, investment, competition, intellectual property rights, telecommunication and economic and technical cooperation
India’s benefit:
  • RCEP will help to achieve India’s aim and objective of look-East policy.
  • RCEP is important to India because India is not a member of 2 other major regional economic group APEC (Asia-Pacific Economic cooperation) and TPP (Trans-Pacific Partnership).
  • RCEP will help India’s Trade volume to increase with countries, which India not signed FTA like China, New Zealand, and Australia.
  • Once the RCEP get negotiated it can easily access the entire 16 member’s trade bloc and India’s Service sector like IT, telecoms, BPO, KPO, Banking services are likely to get more benefits.
India’s Concern
  • Countries like China, Japan, South Korea, Australia, New Zealand are export powerhouses in Manufactured goods.  Their Cheaper Goods could affect the small producers and workers if safeguard measures are not taken adequately.
  • The Main concern is flood of cheaper Chinese goods in Indian markets.Because at present there is no FTA between India and China but signing the RCEP pact is viewed as signing an FTA with China
About Free Trade agreement:

Free Trade Agreement (FTA) is an agreement of cooperation between countries ( 2 or more) to reduce its trade barriers like tariffs etc. It helps to increase trade and services within countries without much obstacles.
Read More
Read more »
Posted by at No comments:
Labels: , , ,

Post Top Ad