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Sunday, 26 January 2014

TNPSC CLASSES DETAILS: 

RDS IAS STUDY CIRCLE
RD’S IAS STUDY CIRCLE Starts admission TNPSC G-1 highly revised materials from samacheer by experts. Success assured cont 9884372100, 9445680297

RD’S IAS STUDY CIRCLE Starts admission TNPSC G-2 (Mains) classes by G2 officers. Success assured cont 9884372100, 9445680297
RDS IAS STUDY CIRCLE
Group -1 (Prelims) – Rs.8000/-
Group – 2 (Mains) – Rs. 10,000/-
Group – 2 (Non interview) – Rs. 8000/-
VAO - Rs.7,000/-
Test Batch with Materials – Rs.3,500/-

Thursday, 23 January 2014

RDS IAS STUDY CIRCLE starts TNPSC G-1 coaching revised materials from experts, classes start on 25th January cont 9884372100, 9445680297 (limited seats only)

Tuesday, 21 January 2014

RD’S IAS STUDY CIRCLE Starts admission - TNPSC group-1 highly revised materials from samacheer by expert. Success assured cont 9884372100, 9445680297 (limited seats only)

Wednesday, 25 December 2013

RBI NEW SCHEME :

NEW SCHEMEN LAUNCHED BY RBI-
The new series of consumer price index-linked savings bonds is unlikely to enthuse most of the individuals for whom it is intended. The Inflation Indexed National Savings Securities-Cumulative (IINSS-C) launched by the Reserve Bank of India opened for subscription on December 23 and will close a week thereafter.
The bonds have been designed to give investors a return that is 1.5 per cent above the reference consumer price index calculated according to a set formula. Thus there are two components of interest — a fixed 1.5 per cent and a variable return based on the CPI.
Why do not people invest in bonds ?
Most of the available savings channels do not give returns that offset inflation. The prospect of getting a negative real return is forcing investors away from conventional financial savings instruments such as bank fixed deposits, to gold, real estate and other physical assets.
Why do RBI created such type of bonds?
The country needs to boost its financial savings especially from households to step up the overall investment rate. Besides, the seemingly insatiable demand for gold — from investors and from the jewellery industry — has very recently created serious macroeconomic problems in the form of high current account deficits. Although the threat of an imbalance has receded somewhat, ongoing attempts to channel the demand into productive channels need to be encouraged.
Is this bond safe?
Yes because investors will not have a negative returns.
Was any earlier attempt made to protect the investors?
An earlier attempt to protect savers by offering an instrument that pegged return above wholesale price index (WPI) inflation was not really for ordinary individuals.
Was there any drawbacks?
The new series, though offering inflation-beating returns, might still falter for a variety of reasons.
1)       Their complexity — a 10-year tenure, lock-in periods of one year for senior citizens and three years for others, compounding of interest every six months but paid only after the full tenure — might drive away many would-be investors.
2)      The penalty for foreclosure — 50 per cent of the interest earned in the year before — is stiff.
3)      For senior citizens — only those above 65 years qualify for this scheme — as well as the retired, the new bonds are not particularly attractive.
4)      Unlike some bank deposit schemes, there is no provision for quarterly or even annual interest payment. For them, getting their principal and compounded interest back after 10 years might make no sense.
5)      There are no special tax benefits for investing in the new bonds either. The well-off might find the investment cap at Rs.5 lakh a year too restrictive. It is hoped that the authorities learn by experience and refashion the inflation-linked bonds to give them a wider appeal.


Wednesday, 11 December 2013

AR 370 A SUMMARY- QUESTION AREA FOR 2014 PRELIMS AND MAINS

A brief of Ar 370
Why it was incorporated
First,
-why was Article 370 inserted in the Constitution?
 -Or as the great poet and thinker, Maulana Hasrat Mohini, asked in the Constituent Assembly on October 17, 1949: “Why this discrimination please?”
(two question was posted during the insertion of ar 370)
-The answer was given by Nehru’s confidant, -Thanjavur Brahmin, Gopalaswami Ayyangar (Minister without portfolio in the first Union Cabinet, a former Diwan to Maharajah Hari Singh of Jammu and Kashmir, and the principal drafter of Article 370). Ayyangar argued that for a variety of reasons Kashmir,
1) unlike other princely states, was not yet ripe fr integration. India had been at war with Pakistan over Jammu and Kashmir and while there was a ceasefire, the conditions were still “unusual and abnormal.” Part of the State’s territory was in the hands of “rebels and enemies.”
2)The involvement of the United Nations brought an international dimension to this conflict, an “entanglement” which would end only when the “Kashmir problem is satisfactorily resolved.”
3), Ayyangar argued that the “will of the people through the instrument of the [J&K] Constituent Assembly will determine the constitution of the State as well as the sphere of Union jurisdiction over the State.”
[ In sum, there was hope that J&K would one day integrate like other States of the Union (hence the use of the term “temporary provisions” in the title of the Article), but this could happen only when there was real peace and only when the people of the State acquiesced to such an arrangement.]

-Th is Article 370 still intact in its original form?
One of the biggest myths is the belief that the “autonomy” as envisaged in the Constituent Assembly is intact. A series of Presidential Orders has eroded Article 370 substantially. While the 1950 Presidential Order and the Delhi Agreement of 1952 defined the scope and substance of the relationship between the Centre and the State with the support of the Sheikh, the subsequent series of Presidential Orders have made most Union laws applicable to the State.
In fact today the autonomy enjoyed by the State is a shadow of its former self, and there is virtually no institution of the Republic of India that does not include J&K within its scope and jurisdiction. The only substantial differences from many other States relate to permanent residents and their rights; the non-applicability of Emergency provisions on the grounds of “internal disturbance” without the concurrence of the State; and the name and boundaries of the State, which cannot be altered without the consent of its legislature. Remember J&K is not unique; there are special provisions for several States which are listed in Article 371 and Articles 371-A to 371-I.
- can Article 370 be revoked unilaterally?
[  Clause 3 of Article 370 is clear. The President may, by public notification, declare that this Article shall cease to be operative but only on the recommendation of the Constituent Assembly of the State. In other words, Article 370 can be revoked only if a new Constituent Assembly of Jammu and Kashmir is convened and is willing to recommend its revocation.]
Note:this provision is very important because parliament has limited power in this ar 370.
 Of course, Parliament has the power to amend the Constitution to change this provision. But this could be subject to a judicial review which may find that this clause is a basic feature of the relationship between the State and the Centre and cannot, therefore, be amended.
Gender bias?
 Article 370 a source of gender bias in disqualifying women from the State of property rights? Article 370 itself is gender neutral, but the definition of Permanent Residents in the State Constitution — based on the notifications issued in April 1927 and June 1932 during the Maharajah’s rule — was thought to be discriminatory.
The 1927 notification included an explanatory note which said: “The wife or a widow of the State Subject … shall acquire the status of her husband as State Subject of the same Class as her Husband, so long as she resides in the State and does not leave the State for permanent residence outside the State.”
This was widely interpreted as suggesting also that a woman from the State who marries outside the State would lose her status as a State subject.
However, in a landmark judgement, in October 2002, the full bench of J&K High Court, with one judge dissenting, held that the daughter of a permanent resident of the State will not lose her permanent resident status on marrying a person who is not a permanent resident, and will enjoy all rights, including property rights.
has Article 370 strengthened separatist tendencies in J&K?
 Article 370 was and is about providing space, in matters of governance, to the people of a State who felt deeply vulnerable about their identity and insecure about the future. It was about empowering people, making people feel that they belong, and about increasing the accountability of public institutions and services. Article 370 is synonymous with decentralisation and devolution of power, phrases that have been on the charter of virtually every political party in India. There is no contradiction between wanting J&K to be part of the national mainstream and the State’s desire for self-governance as envisioned in the Article.


Friday, 29 November 2013

current affairs for the day

[Note:
 DEAR STUDENTS FROM NOW ON WARDS I WILL BE SENDING SOME BASIC CONCEPT WHICH YOU HAVE TO BE STRONG FOR YOUR PRELIMS...........HAVE A TRACK OF OUR    rds blog for current affairs  ]
ECONOMICS FOR THE DAY
Monetary policy
1)What is monetary policy?
It is policy with regard to supply of money and credit (loan) and determination of structure of economy. The central bank (RBI) is the only authority to determine the monetary policy. RBI was set up in 1935 and was nationalised in jan 1, 1949.
2)What is INDIAN FOREX RESERVE?
Indian forex reserve is reserve maintained by RBI in the form of
a)      Foreign currency assets( hard currency asset) ie...dollar,pound,euro,yen. Hard currency are those currency which is accepted for any transaction at international level.
b)      Gold
c)       SDR- special drawing rights of IMF. Its is not a physical unit of currency. It is a notional unit. Its only used through book entry. Its is also called paper gold or reserve currency
BILATIRAL
INDIA AND JAPAN
Why the visit of emperor of japan in news?
Japan is the world oldest continuous hereditary royalty and no emperor has visited india and this is the first time japan emperor visits india which will lead to a development of strategic tie between the two democracy.
How do japan refer india? Tenjiku or heavenly country
What are the economic tie up between both the country?
Japan has been the largest source of aid and is playing a key role in helping india to improve infrastructure.
 a)      Delhi Mumbai corridor
b)      Bangalore metro projects
c)       Delhi Mumbai railway cooperation
d)      Bangalore Chennai express way
e)      Iit Hyderabad
(refer india year book chapter india and world , industry)

Do india has a historical relationship with Japan?
Yes India has a historical relationship with japan with  the root to the introduction of Buddhism in the 6th century. Todaji temple is the oldest temple in the city capital where the largest Buddha statue has bben created. For opening the eyes of the statue a priest from india was taken who conducted the ceremony before the emperor.
Similarly the language of Japan has a similarity with the Sanskrit language of india.
What is the difference in INDIA AND JAPAN?
India has a world largest youth population ,while japan is ageing more rapidly than any other developed country.
India has a service led growth, Japan is a manufacturing lead economy.
Challenges to japan?
Japan was experiencing a economic stagnation for a long span , shrinking population , spiralling  public debt, deflationary environment, security dilama-constraint-from us, post war constitution.
India and japan  today?
The reason why both are together are because both are energy poor country heavily dependent on unstable Persian Gulf region.
From 2006-“STRATEGIC AND GLOBAL PARTNERSHIP”
2011- “COMPREHENSIVE ECONOMIC PARTNERSHIP AGGREEMENT” and also alliance for rare earth minerals to reduce dependence on China.
Japan has the 6th largest defence budget in the world and Asias largest naval fleet.
Suggessions:
India is a importer of Arms so they have to go close tie with japan to develop an indigenous Arms.
Difference between strategic tie and economic tie?
Strategic tie: world stable economics like japan-us, atlantic community are all based on security collaboration so they are stable.
Ecomonic tie: the economic tie are less stable and even volatile like china economic relationship with india, uas, japan.