DANCES OF INDIA

 Dances of India

• Kuchipudi (Andhra Pradesh): Kuchipudi is a Classical Indian dance from Andhra Pradesh. Kuchipudi derives its name from the name of a village (Kuchelapuram) of its origin. It closely Resembles Bharatnatyam. However, its movements are much faster and style is free.

• Mohiniattam (Kerala): Mohiniyattam, is a classical dance form from Kerala. It is one of the eight Indian classical dance forms recognized by the Sangeet Natak Akademi. The word ‘mohini’ literally means a maiden who exerts desire or steals the heart of the onlooker. In format, this is similar to odissi and costumes sober and attractive. It is essentially a solo dance.

• Bharatnatyam (Tamil Nadu): Bharatanatyam is a classical Indian dance form originating in the South Indian state of Tamil Nadu. The earliest exponents of Bharatnatyam were the devadasis (temple dancers) in South India. The technique of Bharatnatyam consists of 64 Principles of coordinated hand, foot, face and body movements which are performed to the accompaniment of dance syllabus, popularly known as bolls.

• Kathak (North India): Kathak is one of the eight forms of Indian classical dances, originated from Uttar Pradesh. The word Kathak is derived from Katha which means story. The Kathak dance goes through a regular format mostly concentrating on rhythm, variously called tether, palates, thorns, amid and parans.

• Kathakali (Kerala): It originated in the country’s present day state of Kerala during the 17th century. Kathakali combines music, poetry, mime and drama. This dance-drama is usually performed in the open and usually lasts the whole night. The themes are taken from the Ramayan, the Mahabharata and Hindu mythology.

• Nat-Natin (Bihar): It is one of the important dances of Bihar. It is performed by both Men and Women.

• Nati (Himachal Pradesh): The beauty of hilly Himachal finds an expression in the languid and elegant movements that form a part of the marvelous Nati dance. This dance depicts all the activities involved in sowing the crop and reaping it. Important among the dances of Nati is ‘Losar Shona Chuksom’ which takes its name from Lasai, or the New Year.

• Rauf (Jammu & Kashmir): It is the most popular dance in the Kashmir Valley and is restricted only to the women folk.

• Hattari (Karnataka): The Hattari dance is done during harvesting season among the Kodvas of coorg in Mysore.

• Yakshagana (Karnataka): It is one of the popular folk dance-drama as it contains a good number of classical and literary elements besides those of many folk and tribal ones.

• Bhangra (Punjab): Bhangra refers to several types of Punjab style dance. Pujnab dancing in general, especially when done to popular Bhangra music, is often casually called “Bhangra”.

• Garhwali (Uttarakhand): The people of Garhwal region of Uttarakhand are fond of dancing, as testified by the several distinct dance forms. The Garhwali dance forms are: Langvir Nritya, Barada Nati, Shotiya and Pandva Nritya etc.

• Odissi (Odisha): Odissi, also known as Orissi, is one of the eight classical dance forms of India. It is considered to be the oldest form of classical dance taking back to pre-Christan era Odissi is built on the principle that the human body is meant to be employed in deflection.

• Manipuri (Manipur): Manipuri dance is one of the major Indian classical dance forms. It originates from Manipur, a state in north-eastern India. Manipur is purely religious dance which is used to invoke divine blessing. Manipur involves a movement of head, hands and feet, in complete harmony. Another feature of this dance is that the men and women dance together.

• Bihu (Assam): The Bihu dance is a folk dance from the Indian state of Assam related to the festival of Bihu. Bihu dance is a folk dance from the Indian state of Asom (Assam) related to the festival of Bihu. This joyous dance is performed by both young men and women and is characterized by brisk dance steps, and rapid hand movement. Dancers wear traditionally colourful Assamese clothing.

Garba (Gujarat): Garba is an Indian form of dance that originated in the Gujarat region. Garba is an Indian form of dance that originated in the Gujarat region. Many traditional garbas are performed around a central lit lamp or picture/statues of different avatars of Goddess Shakti. The circular and spiral figures of Garba have similarities to other spiritual dances, such as those of Sufi culture.

men single champion
2012 - Australlia open - Novak Djokovic - spain
2012 - French open - Rafael nadal - spain
2012 - Wimbeldon open - Roger Federar - Switzerland
2012 - U.S.open - Andy Murray - U.K.
woman single champion
2012 - Australlia open - Victoria Azarenka - Belarus
2012 - French open - Maria Sharapova - Russia
2012 - Wimbeldon open - Serena Williams - usa
2012 - U.S.open - serena williams - usa

Public Administration

1. Introduction : Meaning, scope and significance. Evolution and status of the discipline. Comparative Public Administration and Development Administration. Public and Private Administration: State versus market debate. New Pubic Administration. New Public Management perspective.
2. Basic concepts and principles : Organisation, hierarchy, Unity of command, Span of control, Authority and Responsibility, Co-ordination, Centralization and Decentralization, Delegation, Supervision, Line and Staff.
3. Theories of Administration : Scientific Management (Taylor and the Scientific Managment Movement), Classical Theory (Fayol, Urwick, Gulick and others) Bureaucratic Theory (Weber and his critics). Ideas of Mary Parker Follett and C.I. Barnard; Human Relations School (Elton Mayo and others). Behavioral Approach, Systems approach.
4. Administrative Behaviour : Decision making with special reference to H. Simon, communication and control, leadership theories. Theories of motivation (Maslow and Herzberg)
5. Accountability and Control : The concepts of Accountability and control : Legislative, executive and judicial control. Citizen and Administration: Role of civil society, people's participation and Right to Information.
6. Administrative Systems : Comparative administrative features of USA, Great Britain, France and Japan.
7. Personnel Administration : Role of Civil Service in developing societies; position classification, Recuritment, Training, Promotion, Pay and Service conditions. Relations with the Political Executive; Administrative Ethics.
8. Financial Administration : Budget: Concepts and forms. Formulation and execution of budget, deficit financing and public debt, Accounts and Audit.
9. Union Government and Administration in India. British legacy : Constitutional context of Indian Administration; The President, Prime Minister and the Council of Ministers; Central Secretariat; Cabinet Secretariat, Prime Minister's Office, Planning Commission; Finance Commission; Election Commission; Comptroller and Auditor-General of India. Public enterprises: Patterns, role performance and impact of liberalization.
10. Civil Services in India : Recruitment to All India and Central Services. Union Public Service Commission; Training of Civil Servants. Generalists and Specialists. Minister-Civil Servant relationship.
11. State and District Administration : Governor, Chief Minister, Secretariat, Chief Secretary, Directorates, District Collector: changing role.
12. Local Government : Panchayati Raj and Urban local Government: Main features, structures, finances and problem areas. 73rd and 74th Constitutional Amendements.

Geography

Geography  
Section-A
Physical Georgraphy
i) Geomorphology
Origin of the earth; Geological Time Scale; Interior of the earth; Types and characteristics of rocks; Folding and Faulting; Volcanoes; Earthquakes; Weathering; Landforms caused by fluvial, aeolian and glacial actions.
ii) Climatology
Structure and composition of atmosphere; Temperature; Pressure belts and Wind systems; Clouds and rainfall types; Cyclones and anti-cyclones; Major climatic types.
iii) Oceanography
Ocean relief; Temperature; Salinity; Ocean deposits; Ocean currents, El Nino and La Nino; Waves and tides.
iv) Biogeography
Origin and types of soils; Major biomes of the world; Ecosystem and food chain; Environmental degradation and conservation.

Section-B
Human Geography
i) Man and Environment Relationship
Growth and development of Human Geography; Concepts of Determinism and Possibilism.
ii) Population
Races of mankind and tribes; growth and distribution of world population; migration; population problems of developed and developing countries.
iii) Economic Activities
Food gathering and hunting; pastoral herding; fishing and forestry; Types of agriculture-shifting, subsistence, commercial and plantation; Mining, Power; Manufacturing -locational factors of textile, iron and steel, sugar and fertilizer industries; Tertiary activities-trade, transport, communication and services.
iv) Settlements
Origin, types and patterns of rural settlements; Processes of urbanisation; morphology and functional classification of towns; million-cities and mega-cities.

Section-C
Geography of the World
i) Major Natural Regions : Characteristics, economic base and human adaptation.
ii) Regional Geography of Developed Countries : Canada, U.S.A., Western Europe, Russia, Japan, Australia and New Zealand.
iii) Regional Geography of Developing Countries : S.E. Asia, S.W. Asia, China, Southern Africa and Brazil.
iv) Regional Geography of South Asia.

Section-D
Geography of India
i) Physical Setting
Landforms, drainage, climate, soils and natural vegetation.
ii) Economic Base
Minerals & energy resources, aquatic resources, forest resources; irrigation, agriculture and industries; trade and commerce.
iii) Population
Growth, distribution and density; demographic characteristics.
iv) Environmental problems, developmental issues and regional planning.

Section-E
Geographical Thought
i) Ancient Period : Contributions of Indians, Greeks, Romans and Arabs.
ii) Pre-Modern Period : Contribution of Verenius, Kant, Humboldt and Ritter.
iii) Modern Period : Dichotomy of determinism and possibilism; contributions of Ratzel, Semple, Huntington and La Blache.
iv) Recent Period : Quantitive Revolution; Radicalism, Behaviouralism and Humanism.

Section-F
Techniques of Geographical Analysis
i) Maps : Scale and types, uses.
ii) Diagrams : Types and uses
iii) Projections : Types, characteristics and uses.
iv) Remote sensing and geographical information system (GIS) : Aerial photographs and imagery, GIS.

bank 3

• What is ASSOCHAM?
The Associated Chambers of Commerce and Industry of India (ASSOCHAM), India's premier
apex chamber covers a membership of over 2 lakh companies and professionals across the
country. It was established in 1920 by promoter chambers, representing all regions of India. As
an apex industry body, ASSOCHAM represents the interests of industry and trade, interfaces
with Government on policy issues and interacts with counterpart international organizations to
promote bilateral economic issues. President-Swati Piramal
• What is NABARD?
NABARD was established by an act of Parliament on 12 July 1982 to implement the National
Bank for Agriculture and Rural Development Act 1981. It replaced the Agricultural Credit
Department (ACD) and Rural Planning and Credit Cell (RPCC) of Reserve Bank of India, and
Agricultural Refinance and Development Corporation (ARDC). It is one of the premiere
agency to provide credit in rural areas. NABARD is set up as an apex Development Bank with a
mandate for facilitating credit flow for promotion and development of agriculture, small-scale
industries, cottage and village industries, handicrafts and other rural crafts.
• What is SIDBI?
The Small Industries Development Bank of India is a state-run bank aimed to aid the growth
and development of micro, small and medium scale industries in India. Set up in 1990 through
an act of parliament, it was incorporated initially as a wholly owned subsidiary of Industrial
Development Bank of India.
• What is SENSEX and NIFTY?
SENSEX is the short term for the words "Sensitive Index" and is associated with the Bombay
(Mumbai) Stock Exchange (BSE). The SENSEX was first formed on 1-1-1986 and used the
market capitalization of the 30 most traded stocks of BSE. Where as NSE has 50 most traded
stocks of NSE.SENSEX IS THE INDEX OF BSE. AND NIFTY IS THE INDEX OF
NSE.BOTH WILL SHOW DAILY TRADING MARKS. Sensex and Nifty both are an "index”.
An index is basically an indicator it indicates whether most of the stocks have gone up or most
of the stocks have gone down.
• What is SEBI?
SEBI is the regulator for the Securities Market in India. Originally set up by the
Government of India in 1988, it acquired statutory form in 1992 with SEBI Act 1992 being
passed by the Indian Parliament. Chaired by C B Bhave.
• What is Mutual funds?
Mutual funds are investment companies that pool money from investors at large and offer to
sell and buy back its shares on a continuous basis and use the capital thus raised to invest in
securities of different companies. The mutual fund will have a fund manager that trades the
pooled money on a regular basis. The net proceeds or losses are then typically distributed to the
investors annually.
• What is Asset Management Companies?
A company that invests its clients' pooled fund into securities that match its declared financial
objectives. Asset management companies provide investors with more diversification and
investing options than they would have by themselves. Mutual funds, hedge funds and pension
plans are all run by asset management companies. These companies earn income by charging
service fees to their clients.
• What are non-perfoming assets?
Non-performing assets, also called non-performing loans, are loans,made by a bank or finance
company, on which repayments or interest payments are not being made on time. A debt
obligation where the borrower has not paid any previously agreed upon interest and principal
repayments to the designated lender for an extended period of time. The nonperforming asset is
therefore not yielding any income to the lender in the form of principal and interest payments.
• What is Recession?
A true economic recession can only be confirmed if GDP (Gross Domestic Product)growth is
negative for a period of two or more consecutive quarters.
• What is foreign exchange reservers?
Foreign exchange reserves (also called Forex reserves) in a strict sense are only the foreign
currency deposits and bonds held by central banks and monetary authorities.However, the
term in popular usage commonly includes foreign exchange and gold,SDRs and IMF reserve
positions.

bank 2

IMPORTAN TERMS
• What is corporate governance?
The way in which a company is governed and how it deals with the various interests of its
customers, shareholders, employees and society at large. Corporate governance is the set of
processes, customs, policies, laws, and institutions affecting the way a corporation (or company)
is directed, administered or controlled.Is defined as the general set of customs, regulations,
habits, and laws that determine to what end a firm should be run.
• Functions of RBI?
The Reserve Bank of India is the central bank of India, was established on April 1, 1935 in
accordance with the provisions of the Reserve Bank of India Act, 1934. The Reserve Bank of
India was set up on the recommendations of the Hilton Young Commission. The commission
submitted its report in the year 1926, though the bank was not set up for nine years.To regulate
the issue of Bank Notes and keeping of reserves with a view to securing monetary stability in
India and generally to operate the currency and credit system of the country to its advantage."
Banker to the Government: performs merchant banking function for the central and the state
governments; also acts as their banker.Banker to banks: maintains banking accounts of all
scheduled banks.
• What is monetary policy?
A Monetary policy is the process by which the government, central bank, of a country controls
(i) the supply of money, (ii) availability of money, and (iii) cost of money or rate of interest, in
order to attain a set of objectives oriented towards the growth and stability of the economy.
• What is Fiscal Policy?
Fiscal policy is the use of government spending and revenue collection to influence the
economy. These policies affect tax rates, interest rates and government spending, in an effort to
control the economy. Fiscal policy is an additional method to determine public revenue and
public expenditure.
• What is Core Banking Solutions?
Core banking is a general term used to describe the services provided by a group of networked
bank branches. Bank customers may access their funds and other simple transactions from any
of the member branch offices. It will cut down time, working simultaneously on different issues
and increasing efficiency. The platform where communication technology and information
technology are merged to suit core needs of banking is known as Core Banking Solutions.
• What is bank and its features and types?
A bank is a financial organization where people deposit their money to keep it safe.Banks play
an important role in the financial system and the economy. As a key component of the financial
system, banks allocate funds from savers to borrowers in an efficient manner.
Regional Rural Banks were established with an objective to ensure sufficient
institutional credit for agriculture and other rural sectors. The RRBs mobilize
financial resources from rural / semi-urban areas and grant loans and advances
mostly to small and marginal farmers, agricultural labourers and rural artisans.
The area of operation of RRBs is limited to the area as notified by GoI covering
one or more districts in the State.
ii. Banking services for individual customers is known as retail banking.
iii. A bank that deals mostly in but international finance, long-term loans for
companies and underwriting. Merchant banks do not provide regular banking
services to the general public
iv. Online banking (or Internet banking) allows customers to conduct financial
transactions on a secure website operated by their retail or virtual bank.
v. Mobile Banking is a service that allows you to do banking transactions on your
mobile phone without making a call , using the SMS facility. Is a term used for
performing balance checks, account transactions, payments etc. via a mobile
device such as a mobile phone.
vi. Traditional banking is the normal bank accounts we have. Like, put your money in the bank
and they act as a security and you will get only the normal interests (decided by RBI in our
case, FED bank in US).
vii. Investment banking is entirely different. Here, people who are having so much
money (money in excess which will yield only less interest if in Banks) will invest
their money and get higher returns. For example, If i have more money instead of
taking the pain of investing in share market, buying properties etc. I will give to
investment banks and they will do the money management and give me higher
returns when compared to traditional banks.
• What is E-Governance?
E-Governance is the public sector’s use of information and communication technologies with
the aim of improving information and service delivery, encouraging citizen participation in the
decision-making process and making government more accountable,transparent and effective.
• What is Right to information Act?
The Right to Information act is a law enacted by the Parliament of India giving citizens of India
access to records of the Central Government and State overnments.The Act applies to all
States and Union Territories of India, except the State of Jammu and Kashmir - which is
covered under a State-level law. This law was passed by Parliament on 15 June 2005 and came
fully into force on 13 October 2005.
• Credit Rating Agencies in India?
The credit rating agencies in India mainly include ICRA and CRISIL. ICRA wasformerly
referred to the Investment Information and Credit Rating Agency of India Limited. Their main
function is to grade the different sector and companies in terms of performance and offer
solutions for up gradation. The credit rating agencies in India mainly include ICRA and
CRISIL(Credit Rating Information Services of India Limited)
• What is Cheque?
Cheque is a negotiable instrument instructing a Bank to pay a specific amount from a specified
account held in the maker/depositor's name with that Bank.A bill of exchange drawn on a
specified banker and payable on demand.“Written order directing a bank to pay money”.
• What is demand Draft?
A demand draft is an instrument used for effecting transfer of money. It is a Negotiable
Instrument. Cheque and Demand-Draft both are used for Transfer of money. You can 100%
trust a DD. It is a banker's check. A check may be dishonored for lack of funds a DD can not.
Cheque is written by an individual and Demand draft is issued by a bank. People believe banks
more than individuals.
• What is a NBFC?
A non-banking financial company (NBFC) is a company registered under the
Companies Act, 1956 and is engaged in the business of loans and advances, acquisition of
shares/stock/bonds/debentures/securities issued by government, but does not include any
institution whose principal business is that of agriculture activity, industrial activity,
sale/purchase/construction of immovable property.
NBFCs are doing functions akin to that of banks; however there are a few differences:
(i)A NBFC cannot accept demand deposits (demand deposits are funds deposited at a
depository institution that are payable on demand -- immediately or within a very short period
-- like your current or savings accounts.)
(ii) it is not a part of the payment and settlement system and as such cannot issue cheques to its
customers; and
(iii) Deposit insurance facility of DICGC is not available for NBFC depositors unlike in case of
banks.
• Diff between banking & Finance?
Finance is generally related to all types of financial, this could be accounting, insurances and
policies. Whereas banking is everything that happens in a bank only.The term Banking and
Finance are two very different terms but are often associated together. These two terms are
often used to denote services that a bank and other financial institutions provide to its
customers.
• What is• What is Cheque?
Cheque is a negotiable instrument instructing a Bank to pay a specific amount from a specified
account held in the maker/depositor's name with that Bank.A bill of exchange drawn on a
specified banker and payable on demand.“Written order directing a bank to pay money”.
• What is demand Draft?
A demand draft is an instrument used for effecting transfer of money. It is a Negotiable
Instrument. Cheque and Demand-Draft both are used for Transfer of money. You can 100%
trust a DD. It is a banker's check. A check may be dishonored for lack of funds a DD can not.
Cheque is written by an individual and Demand draft is issued by a bank. People believe banks
more than individuals.
• What is a NBFC?
A non-banking financial company (NBFC) is a company registered under the
Companies Act, 1956 and is engaged in the business of loans and advances, acquisition of
shares/stock/bonds/debentures/securities issued by government, but does not include any
institution whose principal business is that of agriculture activity, industrial activity,
sale/purchase/construction of immovable property.
NBFCs are doing functions akin to that of banks; however there are a few differences:
(i)A NBFC cannot accept demand deposits (demand deposits are funds deposited at a
depository institution that are payable on demand -- immediately or within a very short period
-- like your current or savings accounts.)
(ii) it is not a part of the payment and settlement system and as such cannot issue cheques to its
customers; and
(iii) Deposit insurance facility of DICGC is not available for NBFC depositors unlike in case of
banks.
• Diff between banking & Finance?
Finance is generally related to all types of financial, this could be accounting, insurances and
policies. Whereas banking is everything that happens in a bank only.The term Banking and
Finance are two very different terms but are often associated together. These two terms are
often used to denote services that a bank and other financial institutions provide to its
customers. NASSCOM ?
The National Association of Software and Services Companies (NASSCOM), the Indian
chamber of commerce is a consortium that serves as an interface to the Indian software
industry and Indian BPO industry. Maintaining close interaction with the Government of India
in formulating National IT policies with specific focus on IT software and services maintaining
a state of the art information database of IT software and services related activities for use of
both the software developers as well as interested companies overseas. Mr. Som Mittal –
President. Chairman-Pramod Bhasin

banking terms

Banking Terms
1. What is a Repo Rate?
A: Repo rate is the rate at which our banks borrow rupees from RBI. Whenever the banks have
any shortage of funds they can borrow it from RBI. A reduction in the repo rate will help banks
to get money at a cheaper rate. When the repo rate increases, borrowing from RBI becomes
more expensive.
2. What is Reverse Repo Rate?
A: This is exact opposite of Repo rate. Reverse Repo rate is the rate at which Reserve Bank of
India (RBI) borrows money from banks. RBI uses this tool when it feels there is too much
money floating in the banking system. Banks are always happy to lend money to RBI since their
money is in safe hands with a good interest. An increase in Reverse repo rate can cause the
banks to transfer more funds to RBI due to this attractive interest rates.
3. What is CRR Rate?
A: Cash reserve Ratio (CRR) is the amount of funds that the banks have to keep with RBI. If
RBI decides to increase the percent of this, the available amount with the banks comes down.
RBI is using this method (increase of CRR rate), to drain out the excessive money from the
banks.
4. What is SLR Rate?
A: SLR (Statutory Liquidity Ratio) is the amount a commercial bank needs to maintain in the
form of cash, or gold or govt. approved securities (Bonds) before providing credit to its
customers. SLR rate is determined and maintained by the RBI (Reserve Bank of India) in order
to control the expansion of bank credit. SLR is determined as the percentage of total demand
and percentage of time liabilities. Time Liabilities are the liabilities a commercial bank liable to
pay to the customers on their anytime demand. SLR is used to control inflation and propel
growth. Through SLR rate tuning the money supply in the system can be controlled efficiently.
5. What is Bank Rate?
A: Bank rate, also referred to as the discount rate, is the rate of interest which a central bank
charges on the loans and advances that it extends to commercial banks and other financial
intermediaries. Changes in the bank rate are often used by central banks to control the money
supply.
6. What is Inflation?
A: Inflation is as an increase in the price of bunch of Goods and services that projects the
Indian economy. An increase in inflation figures occurs when there is an increase in the average
level of prices in Goods and services. Inflation happens when there are fewer Goods and more
buyers; this will result in increase in the price of Goods, since there is more demand and less
supply of the goods.
7. What is Deflation?
A: Deflation is the continuous decrease in prices of goods and services. Deflation occurs when
the inflation rate becomes negative (below zero) and stays there for a longer period.
8. What is PLR?
A: The Prime Interest Rate is the interest rate charged by banks to their most creditworthy
customers (usually the most prominent and stable business customers). The rate is almost
always the same amongst major banks. Adjustments to the prime rate are made by banks at the
same time; although, the prime rate does not adjust on any regular basis. The Prime Rate is
usually adjusted at the same time and in correlation to the adjustments of the Fed Funds Rate.
The rates reported below are based upon the prime rates on the first day of each respective
month. Some banks use the name "Reference Rate" or "Base Lending Rate" to refer to their
Prime Lending Rate.
9. What is Deposit Rate?
A: Interest Rates paid by a depository institution on the cash on deposit.
10. What is FII?
A: FII (Foreign Institutional Investor) used to denote an investor, mostly in the form of an
institution. An institution established outside India, which proposes to invest in Indian market,
in other words buying Indian stocks. FII's generally buy in large volumes which has an impact
on the stock markets. Institutional Investors includes pension funds, mutual funds, Insurance
Companies, Banks, etc.
11. What is FDI?
A: FDI (Foreign Direct Investment) occurs with the purchase of the “physical assets or a
significant amount of ownership (stock) of a company in another country in order to gain a
measure of management control” (Or) A foreign company having a stake in a Indian Company.
12. What is IPO?
A: IPO is Initial Public Offering. This is the first offering of shares to the general public from a
company wishes to list on the stock exchanges.
13. What is Disinvestment?
A: The Selling of the government stake in public sector undertakings.
14. What is Fiscal Deficit?
A: It is the difference between the government’s total receipts (excluding borrowings) and total
expenditure. Fiscal deficit in 2009-10 is proposed at 6.8% of GDP.
15. What is Revenue deficit?
A: It defines that, where the net amount received (by taxes & other forms) fails to meet the
predicted net amount to be received by the government. Revenue deficit in 2009-10 is proposed
at 4.8% of GDP.
16. What is GDP?
A: The Gross Domestic Product or GDP is a measure of all of the services and goods produced
in a country over a specific period; classically a year. GDP during 2008-09 is 6.7%.
17. What is GNP?
A: Gross National Product is measured as GDP plus income of residents from investments
made abroad minus income earned by foreigners in domestic market.
18. What is National Income?
A: National Income is the money value of all goods and services produced in a country during
the year.
19. What is Per Capita Income?
A: The national income of a country, or region, divided by its population. Per capita income is
often used to measure a country's standard of living.Per capita income during 2008-09
estimated by CSO: Rs.25, 494.
20. What is Vote on Account?
A: A vote-on account is basically a statement ,where the government presents an estimate of a
sum required to meet the expenditure that it incurs during the first three to four months of an
election financial year until a new government is in place, to keep the machinery running.
21. Difference between Vote on Account and Interim Budget?
A: Vote-on-account deals only with the expenditure side of the government's budget, an interim
Budget is a complete set of accounts, including both expenditure and receipts.
22. What is SDR?
A: The SDR (Special Drawing Rights) is an artificial currency created by the IMF in 1969.
SDRs are allocated to member countries and can be fully converted into international
currencies so they serve as a supplement to the official foreign reserves of member countries. Its
value is based on a basket of key international currencies (U.S. dollar, euro, yen and pound
sterling).
23. What is SEZ?
A: SEZ means Special Economic Zone is the one of the part of government’s policies in India. A
special Economic zone is a geographical region that economic laws which are more liberal than
the usual economic laws in the country. The basic motto behind this is to increase foreign
investment, development of infrastructure, job opportunities and increase the income level of
the people.