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General Knowledge for Competitive Exams

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GDP of India: Sector wise contribution in Gross Domestic Product in 2020-21

Aug 27, 2021
In the following article below, the students of various competitive exams can know about the biggest industrial contributor in the Indian GDP, the sectors that have the maximum potential to contribute and much more. Take a look at the tables in the article to know more

GK Question and Answers on Union Budget 2021

Feb 1, 2021
The Union Budget is out and announced. Take  a look at the terms stated below and go through the explanation of each question listed below

What is One District One Product (ODOP) Scheme- Know details, significance, benefits and more

Dec 3, 2020
Uttar Pradesh Government has launched One District One Product scheme, ODOP. This scheme would give a boost to the MSME in UP. Know all about the scheme, UP's famous traditional products, financial assistance in the scheme, its significance and more here

Giant Metrewave Radio Telescope (GMRT): India’s 3rd facility to bag IEEE Milestone status

Dec 2, 2020
Giant Metrewave Radio Telescope (GMRT) has become the third scientific facility from India to receive the Institute of Electrical and Electronics Engineers (IEEE) milestone. Know all the details of GMRT, IEEE, its significance and details here

Union Budget Expectations 2020: Income Tax Slab Rate/Long Term Capital Gain Tax (LTCG)/Dividend Distribution Tax (DDT)

Jan 31, 2020
Union Budget Expectations 2020: People of India are expecting tax reforms from Union Budget 2020 going to be presented by Finance Minister Nirmala Sitharaman on February 01, 2020. The top three tax reforms include changes in income tax slab rate, long term capital gain (LTCG) tax and Dividend Distribution Tax. So, let’s have a look at the Union Budget 2020 Expectations in detail.

Economic Survey 2019: All you need to know!

Jul 5, 2019
In Economic Survey 2019 some key themes are seen shifting like Change from ‘Beti Bachao Beti Padhao’ to ‘BADLAV’, ‘Swachh Bharat’ to ‘Sundar Bharat’. A day before the Union Budget, an economic survey is presented. Basically it is an outlook of developments in the economy. It consists of the most authoritative and updated source of data on India's economy. A lot more to read about Economic Survey, its importance and what is expected this year from economic survey?

World Investment Report-2009

Dec 11, 2010
The United Nations Conference on Trade and Development (UNCTAD) released its annual world investment report-2009, which analyses the latest trends in foreign direct investment and has a special focus on agriculture.

Union Budget : Key Points

Dec 11, 2010
Union Budget : Key Points

RIL-RPL merger complete

Dec 11, 2010
Reliance Industries Limited and Reliance Petroleum Limited were finally merged on March 2, 2009. Reliance Industries Limited is India’s largest company by market capitalisation.

Railway Budget : Highlights

Dec 11, 2010
Railway Budget : Highlights

New taxes on perks introduced

Dec 11, 2010
In the General Budget 2009-10, Fringe benefit tax was abolished. Fringe benefit tax was the tax on perquisites extended to salaried employees and was paid by the employer.

New FDI norms for Medium and Small enterprises

Dec 11, 2010
The Trade ministry in a new policy move announced new liberalised Foreign Direct Investment norms for Micro and Small enterprises (MSEs) replacing the 24 per cent ceiling on foreign holding with sectoral caps.

New Direct Tax Code proposed

Dec 11, 2010
The Finance Ministry has introduced the draft of new Direct tax code that will replace the old taxation system of 1961.

Money laundering bill passed

Dec 11, 2010
Parliament has adopted the Prevention of Money Laundering (Amendment) Bill, 2009. This bill aims at combating money  laundering, terror financing and cross-border economic offenses.

Mahanavratnas status for more autonomy

Dec 11, 2010
In order to make the functioning of profit making PSUs more efficient, the Central government has decided to give them more autonomy in their day to day functioning.

Inflation statistics to be released on the monthly basis

Dec 11, 2010
Following the global pattern of releasing the inflation data on the monthly basis, the central government has also starting doing so by releasing the headline inflation data on a monthly basis for most of the items tracked by the wholesale Price Index (WPI).

Growth in Indian foreign debt

Dec 11, 2010
According to the data released by the Finance Ministry, country’s foreign debt stood at $230.85 billion at the end of the December 2008.

Gates- the richest person on the earth

Dec 11, 2010
According to the list of 400 richest Americans released by the Business Magazine Forbes, Bill Gates the owner of Microsoft, is richest man of the globe with a net worth of $50 billion.

Fall in IT sector growth

Dec 11, 2010
During the financial year  2008-09, India’s Information Technology sector growth rate has gone down to single digit. According to the Central Statistical Organisation (CSO), growth rate may well be 9 percent.

Economic Survey 2008-09: Main points

Dec 11, 2010
Economic Survey 2008-09: Main points

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