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UPSCCSE_STUDY

UPSC CSE Study material Toppers Notes Important links Quiz and much more. Free-public channel of UPSCCSE_STUDY

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El país no está especificadoInglés114 337Economía y Finanzas20 726
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STUDYGRAM shared a post on Instagram: "G.C.Leong is a thin but very good book, hardly 150 pages, therefore personally I would advice to go through all chapter as UPSC is uncertain, so why take the risk if you can cover it. G.C.Leong chapters are mostly covered in NCERT, only few parts are extra, It hardly takes 2-3 days to cover it completely, if u have already completed NCERT. The book is divided into 2 PARTS :- Part 1 : Physical geography . Here you can skip this section also because this section is covered in NCERTs also.  Important Chapters from Part 1 is - Chp.1 Chp.2 Chp.3 Chp.12 But Part 2 is very Important. The climate types are beautifully covered in this book. UPSC has asked direct questions from this books many times. So, Read chp.13,14,16,25 and more focused on chp.13 and 14. HAPPY LEARNING 🙂 #strategy #upscbooklist #upsc2023 #motivation #upsc #inspire #studypost #studygram #upscpre #mains #plan #study #geographyoptional #geography". Follow their account to see 89 posts.

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Aim UPSC | STUDYGRAM 📚📖📝📔 shared a post on Instagram: "GS-1 Indian Geography Drainage System Part-1 #upsc #ias #ips #ifs #officer #upscprelims #upscmains #upscstudy #study #geography #shortnotes #short #notes #mindmaps #charts #upsc2023 #upscprepartion #mpsc #chsl #cgl #sscchsl #ssccgl #exam". Follow their account to see 90 posts.

📍 WHAT IS INFLATION ? 💡 A rise in the general level of prices—is infation. 💡 If the price of one good has gone up, it is not infation;  it is infation only if the prices of most goods have gone up. 💡 When the general level of prices is falling over a period of time this is defation, the opposite situation of infation. It is also known as disinfation. 📍 HOW INFLATION MEASURED ? 💡 The rate of infation is measured on the basis of  price indices which are of two kinds • Wholesale Price Index (WPI) and • Consumer Price Index (CPI). 💡 A price index is a measure of the average level of prices, which means that it does not show the exact price rise or fall of a single good. 📍 CAUSES OF INFLATION. 💡 Demand-Pull Inflation :- This type of inflation is caused due to an increase in aggregate demand in the economy. 💡 Cost-Push Inflation This type of inflation is caused due to various reasons such as: • Increase in price of inputs • Hoarding and Speculation of commodities • Defective Supply chain • Increase in indirect taxes • Depreciation of Currency • Crude oil price fluctuation • Defective food supply chain • Low growth of Agricultural sector • Food Inflation • Interest rates increased by RBI 💡 Built - in Inflation This type of inflation involves a high demand for wages by the workers which the firms address by increasing the cost of goods and services for the customers.
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📍RISE OF THE PRIVATE SECTOR As the PSUs took the responsibility of supplying  the infrastructure and the basic industries to the  economy, a base for the rise of private sector  industries was slowly established. With the rise of private sector industries in the country, the process of industrialisation was thought to be  completed ●  Important Points: 💡By the mid-1980s, there emerged a kind  of consensus across the world (including the  IMF & World Bank) regarding the inefciency  and under-performance of the PSUs . 💡India pursued a less ambitious disinvestment  policy from 2003–04 to 2015–16 (the government  has decided to own controlling shares among the divested PSUs).
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📍 History of Banking in India 🔸Oudh Commercial Bank (1881-1958) – the first commercial bank of India.  🔸Bank of Bengal (est. 1806), Bank of Bombay (est. 1840), Bank of Madras (est. 1843) merged into a single entity in 1921 called Imperial Bank of India. 🔸Imperial Bank of India was later renamed in 1955 as the State Bank of India 🔸In 1935, Reserve Bank of India was formed based on the recommendation of Hilton Young Commission (set up in 1926). 📍 COMPOSITION OF MONEY MARKET 💡Indian Money market consists of organised sector and unorganized sector. But here, we will put a focus on the organised sector. 🔺️ ORGANISED SECTOR : It is divided into two categories:   💡BANKING 💡SUB MARKET 📍BANKING SYSTEM IN INDIA 💡 The banking structure is divided into many parts like Capital Market, Money Market etc. 1. MONEY MARKET 💡 In this, borrowing and lending of funds take place up to 1 year. It is used for short -term credit. 💡 It includes Reserve Bank of India, Commercial Banks, Cooperative Banks, Regional Rural Banks, some NBFC’s etc. 📍 BANKING 💡Classification of Banks based on the schedule of RBI Act 1934 All banks (Commercial Banks, RRB, Cooperative Banks) can be classified into scheduled and non-scheduled banks. 1. Scheduled Banks 💡Banks those are listed in the second schedule of RBI Act, 1934.Eligible for obtaining loans from RB on Bank Rate. 2. Non- Scheduled Banks 💡Banks those are not listed in the second schedule of RBI Act1934. 💡Generally, not eligible for obtaining loans from RBI.Keep CRR with itself, not with RBI. 📍 COMMERCIAL BANKS 💡 It is divided into two parts i.e. Public and Private Sector Banks. 💡 They Regulated under Banking Regulation act 1949. 💡 They can accept deposits, can provide loans and other financial services to earn the profit. 📍PUBLIC SECTOR BANK 💡In these banks, the majority of shares (more than 50%) are held by Government. 💡Currently, in India, there are 21 Public sector banks after the merger of SBI with their associate banks and Bhartiya Mahila Bank (BMB). The Nationalisation of banks was done by government in two stages: 💡The first stage of nationalization took place in July 1969, in which fourteen banks were nationalized. 💡The second stage of nationalization of Banks took place in April 1980, in which six banks were nationalized. 📍 PRIVATE SECTOR BANKS 💡In these banks, majority parts of share are not held by the government. 💡Private sector banks consist of both Indian Banks as well as foreign banks. 💡Private banks which were set up before 1990 (liberalisation of the economy) are categorised as Old Banks. 💡Private banks which were set up after 1990 (liberalisation of the economy) are categorised as New Banks. 📍 REGIONAL RURAL BANK 💡Established under RRB Act, 1976.Regional Rural Banks are set up by public sector banks. 💡The objective of RRB's is to increase credit flow to rural areas.After Kelkar committee’s recommendations in April 1987, no new RRBs have been opened.
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