UKPCS Prelims and Mains Notes-UKPSC Test Series
Operation Twist is a program of quantitative easing used by the Federal Reserve. The so-called “twist” in the operation occurs whenever the Fed uses the proceeds of its sales from short-term Treasury bills to buy long-term Treasury notes. Short-term instruments mature in three years or less while long-term notes and bonds have a term between … Read more DMPQ- Operation Twist
In India, the Contempt of Courts Act, 1971, divides contempt into civil contempt and criminal contempt. Civil contempt is when a person wilfully disobeys any order of a court (a recent example of civil contempt would be Sahara Group chief Subratra Roy’s failure to obey an order by the Supreme Court to refund investors from … Read more DMPQ- What do you understand by the term contempt of court? Explain different types of contempt.
People belonging to the Chalcolithic age domesticated animals and practised agriculture. They produced not only wheat and rice, but also cultivated bajra and pulses. All these cereals have been found at Navdatoli situated on the bank of the Narmada in Maharashtra. People in the eastern regions lived on fish and rice as fish hooks have … Read more DMPQ- Write a short note on chalcolithic age.
Transfer pricing refers to the rules and methods for pricing transactions within and between enterprises under common ownership or control. Transfer pricing can be exploited for tax avoidance and tax evasion through Base erosion and profit shifting strategies. Base erosion and profit shifting refer to corporate tax planning strategies used by multinationals to “shift” profits … Read more DMPQ- What is Transfer Pricing and how does it effect loss of revenue? What are the provisions made by the government to counter Transfer Pricing?
Anasuya Sarabhai was born in 1885 into a business family of Ahmedabad. She pioneered women’ labor movement in India. She founded the Ahmedabad Textile Labour Association (Majoor Mahajan Sangh), India’s oldest union of textile workers, in 1920. In 1912 she went to London for higher studies where she got influenced by Fabian society and suffragette … Read more DMPQ- Discuss the contribution made by Anasuya Sarabhai for the cause of labours during British rule.
Arjuna’s Penance Mamallapuram This magnificent relief, carved in the mid-seventh century, measures approximately 30m (100ft) long by 15m (45ft) high. Its huge size and scale is difficult to imagine just from photographs; a person standing on the ground in front of it could barely touch the elephants’ feet. The subject is either Arjuna’s … Read more DMPQ- Arjuna penance
Trade winds: It is the wind blowing steadily towards the equator from the north-east in the northern hemisphere or the south-east in the southern hemisphere, especially at sea. Two belts of trade winds encircle the earth. These winds are called trade winds because of the fact that they helped the sea merchants in sailing their … Read more DMPQ- What are Trade winds? Mention the characteristics of Trade winds?
CIC (After the Right to Information Amendment Act 2019) The RTI Amendment Bill, 2019 (now RTI Amendment Act 2019) amends Sections 13 and 16 of the Right to Information (RTI) Act, 2005. Section 13 of the original Act sets the term of the central Chief Information Commissioner and Information Commissioners at five years (or until … Read more DMPQ- What are the changes made in the office of Central Information commission through the amendment of RTI Act?
Keynesian economics was developed by the British economist John Maynard Keynes during the 1930s in an attempt to understand the Great Depression. Keynesian Economics focuses on using active government policy to manage aggregate demand in order to address or prevent economic recessions. Thus it focuses on demand-side solutions to recessionary periods. Lowering interest rates is … Read more DMPQ- What is the basic Premise of Keynesian economics?
The Gupta Empire was an ancient Indian empire existing from the midto- late 3rd century CE to 543 CE. Brahmagupta (born c. 598 CE, died c. 668 CE) was an Indian mathematician and astronomer. He is the author of two early works on mathematics and astronomy: the Brāhmasphuṭasiddhānta, a theoretical treatise, and the Khaṇḍakhādyaka Brahmagupta … Read more DMPQ- Comment on the contribution of Brahamgupta in the field of Science and Technology