UPSC Preparation Guidance for Civil Services Exam

2023-07-01 09:45:20 Q3. In the context of the Indian economy, non-financial debt includes which of the following?
1. Housing loans owed by households
2. Amounts outstanding on credit cards
3. Treasury bills Buka / Bagaimana

2023-07-01 06:31:01 Q1. Consider the following sentences:
1. Jet streams occur in the Northern Hemisphere only.
2. Only some cyclones develop an eye.
3. The temperature inside the eye of a cyclone is nearly 10°C lesser than that of the surroundings. Buka / Bagaimana

2023-07-01 06:30:48 Hello Everyone Good Morning Buka / Bagaimana

2023-06-30 12:31:08 Q4. A decrease in tax to GDP ratio of a country indicates which of the following?
1. Slowing economic growth rate
2. Less equitable distribution of national income Buka / Bagaimana

2023-06-30 10:04:01 Q3. With reference to the United Nations General Assembly, consider the following statements:
1. The UN General Assembly can grant observer status to the non-member States.
2. Inter-governmental organisations can seek observer status in the UN General Assembly.
3. Permanent Observers in the UN General Assembly can maintain missions at the UN headquarters. Buka / Bagaimana

2023-06-30 10:03:01 EXPLANATION
A bad loan is that which has not been ‘serviced’ for a certain period. Servicing a loan is paying back the interest and a small part of the principal — depending on the agreement between bank and borrower — to begin with so that over time, you pay back the principal as well as the interest accrued in the duration.

Even if the asset is standard and there is no problem with it, banks are expected to make provisions depending on the risk element for that sector. Like home loans with teaser rates are at greater risk than those that aren’t. Hence provisions have to be made for such loans.

Loans written off by scheduled commercial banks (SCBs) during the last five financial years totalled ₹10.1 lakh crore. Significantly, only ₹1.32 lakh crore has been recovered. As a percentage of write-offs, this comes to only about 13%. Buka / Bagaimana

2023-06-30 10:02:01 Q2. Consider the following statements regarding banking sector in India:
1. In the last 5 Years the loans recovered were more than that written-off.
2. Banks are required to make provisions for sub-standard assets only. Buka / Bagaimana

2023-06-30 10:01:01 Explanation:
● Bhima-Koregaon battle was fought between the forces of the Peshwa and the British on January 1, 1818, at Bhima Koregaon village, Pune district of Maharashtra.
● British army was comprised primarily of Dalit soldiers and the Peshwa army had upper-caste domination. Although neither side won a decisive victory, the battle came to be remembered as one of the significant battles of East India Company over Peshwas.
● ‘Jaystambh’ is a ‘military monument’ erected by the British government in 1821 in memory of its soldiers, who fought against the Peshwas. Buka / Bagaimana

2023-06-30 10:00:38 1. The Battle was fought between Peshwas and the British in the 19th century.
2. Indian government erected Jaystambh after independence in the commemoration of the Battle. Buka / Bagaimana

2023-06-27 12:22:00 #Polity Buka / Bagaimana