UPSC CSE 2022
Center Change Notice.
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Tax and Non Tax revenue receipts
•The receipts that do not create any liabilities and do not lead to a claim on the government are called revenue receipts.
•These revenue receipts are non-redeemable and can be classified into two categories, namely: tax revenue and non-tax revenue.
Tax revenues are the vital components of revenue receipts like direct taxes, enterprises, and indirect taxes such as customs duties, excise taxes, and service tax.
Non-tax revenues, on the other hand, are the recurring income that is earned from sources other than taxes by the government.
Some of the major sources of non-tax revenue are mentioned below:
•Interests
•Power Supply Fees: This includes fees received by the central power authority of any nation. In the case of India, this includes fees received by the Central Electricity Authority.
•Fees: They are the charges that cover the cost of recurring services that are provided and imposed by the government.
•Fines and Penalties
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Civil Services year-wise Seats
CSE 2011.....910
CSE 2012....998
CSE 2013....1228
CSE 2014....1364
CSE 2015 .....1164
CSE 2016......1079
CSE 2017......980
CSE 2018......782
CSE 2019......896
CSE 2020......796
CSE 2021......712
CSE 2022.... 1011
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IRMS Notification #Railways
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Venture Capital: Entrepreneurs need investments for their start-up companies.
The investments or the capital that these entrepreneurs receive from wealthy investors is called Venture Capital and the investors are called Venture Capitalists.
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Leadership – Holders of public office should promote and support these principles by leadership and example.
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✅ Open Market Operation (OMO) means buying and selling of government securities in the open market by the central bank of a country (RBI in India).
•When the central bank wants to infuse liquidity into the monetary system, it will buy government securities in the open market. This way it provides commercial banks with liquidity.
•In contrast, when it sells securities, it curbs liquidity.
• Thus, the central bank indirectly controls the money supply and influences short-term interest rates.
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CAUSES OF DEPRECIATION
(i) Wear and Tear due to Use of the
(ii) Accidents
(iii) Obsolescence’s
(iv) Depletion
(v) Expiration of certain legal
(vi) Physical factors.
(vii) Inadequacy
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OMR Sheet with Marks fields in the bottom, for self assessment.
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UPSC CIVIL SERVICES PRELIMS SUBJECT WISE QUESTIONS OF LAST 10 YEAR
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✅ Increase in Total Vacancies in UPSC CSE 2022 #civilservices
Total Vacancies is 1011.
Good Opportunity for all.
Cover each and every topic Dont leave any topic of UPSC Syllabus.
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Venture Capital vs angel investor
Both provide money to startup companies,
venture capitalists are professional investors who invest in a broad portfolio of new companies and provide hands-on guidance and leverage their professional networks to help the new firm.
Angel investors, on the other hand, tend to be wealthy individuals who like to invest in new companies more as a hobby or side-project and may not provide the same expert guidance. Angel investors also tend to invest first and are later followed by VCs
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Caspian sea bordering countries:
Mnemonic: TARIK(DATE)
A: Azerbaijan
R: Russia
T: Turkmenistan
I: Iran
K: Kazakhstan
2 Types of Open Market Operations by RBI
1. Outright Purchase (PEMO) – this is permanent and involves the outright selling or buying of government securities.
2.Repurchase Agreement (REPO) – this is short-term and are subject to repurchase.
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