[TISS/Railway/LIC] - Government Schemes

Important Government Schemes for MCQs

This is basically copy-paste material and will certainly help you in the above mentioned exams. 

A

Atal Innovation Mission (AIM) - Is being set up under NITI.

AIM will be an Innovation Promotion Platform involving academics, 
entrepreneurs, and researchers drawing upon national and international 
experiences to foster a culture of innovation, R&D in India.

G

GiveItUp (Program to inspire consumers to give up the LPG subsidy)
GIAN - Global Initiative of Academic Networks (Aimed at American academicians and
scientists to teach in India at their convenience)

H

HRIDAY - Heritage Development and Augmentation Yojana
Hunar Hai to Kadar Hai - If you have skill, you have respect
Himmat (A mobile application to ensure women’s safety in Delhi)
HIT - Highways, Informationways, Transmissionways (A mantra for Nepal’s
development)

I

IT + IT= IT - Indian Talent + Information Technology = India Tomorrow (Part of Digital
India Initiative)
INCH towards MILES - Indo-China towards Millennium of Exceptional Synergy (Future
of Indo-Sino relations)

J

JAM trinity - Jan Dhan-Aadhar-Mobile trinity (For direct cash transfer and subsidy
rationalization)

L

Link West, Act East (Aimed at making India a part of the global value chain)

M

MISIDICI - Make in India, Skill India, Digital India and Clean India
Mera Kya, Mujhe Kya - What is in it for me, why should I bother
MUDRA Bank - Micro Units Development and Refinance Agency Bank

Mann Ki Baat (A radio programme hosted on All India Radio where the PM addresses
the nation)
Mission Indradhanush (Achieving universal immunization with special focus on 184 high
priority districts)
Maximum Governance, Minimum Government (Simplification of official procedures and
governance by leveraging technology)
Make in India (To create the eco-system to transform India into a manufacturing hub)

N

Namami Gange Mission (National mission for clean Ganga)
Neeranchal - Watershed Development
NITI Aayog - National Institution for Transforming India

O

Operation Rahat (Evacuation effort in Yemen)
Operation Maitri (Relief operation in Nepal)

P

PRASAD - Pilgrimage Rejuvenation and Spirituality Augmentation Drive
PAHAL - Pratyaksha Hastaantarit Laabh (Direct benefit transfer of LPG subsidy)
Padhe Bharat Badhe Bharat- India that is educated is the India that will progress
PRAGATI - Pro-Active Governance And Timely Implementation (Aimed at addressing
common man’s grievances, monitoring and reviewing of government programmes)
PRAGATI - Providing Assistance for Girls’ Advancement in Technical Education
Initiative (Providing scholarship for technical education to girls from poor families)
Per Drop, More Crop (Promoting farming through optimum utilisation of water)
P2G2 - Pro People Good Governance (Focus of NDA government)
P4 - People Private Public Partnership for good governance
Project Mausam (To revive ancient maritime routes and cultural linkages with countries
in the Indian ocean)

R

ROAD - Responsibility, Ownership, Accountability, Discipline (Improving work culture
among bureucrats)
Red Tape to Red Carpet (Facilitate the ease of doing business)

S

Swadesh Darshan (Integrated development of theme-based tourist circuits)
Shramev Jayate (Labour reforms plank by the government)
Sabka Saath Sabka Vikas - All Together, Development of All
Swachh Bharat Abhiyan - Clean India Mission
Sagar Mala Project (Promote Port-led development of the coastal regions and
communities)
SETU - Self Employment and Talent Utilisation (Provide support to all aspects of a startups from credit to incubation)
Swasth Dhara, Khet Hara - Healthy earth, green farm (Aimed at
boosting farm productivity)
SMART policing - Strict but Sensitive; Modern and Mobile; Alert and Accountable;
Reliable and Responsive; Tech-savvy and Trained policing
3S - Skill, Scale, Speed (What India needs to do to compete with China)
SWAYAM - Study Webs of Active-Learning for Young Aspiring Minds (IITs, IIMs and
central universities to offer free online courses)
SAMAVAY - Skill Assessment Matrix for Vocational Advancement of Youth
(Allow multiple entry and exit options between vocational and formal education courses)

T

Tax terrorism (Aggressive tax policies including retrospective amendment of tax laws)
5Ts - Talent, Tradition, Tourism, Trade and Technology (Aimed at building Brand India)

U

USTTAD - Upgrading Skills and Training in Traditional Arts/Crafts for Development
Unnat Bharat Abhiyan (IITs and NITs to provide technological resources to rural areas
for sustainable development)

Z

Zero Effect, Zero Defect

[Economy]-Ease of doing Business Index

The Ease of doing business index is an index created by the World Bank Group. Higher rankings (a low numerical value) indicate better, usually simpler, regulations for businesses and stronger protections of property rights. - Wikipedia

Better your ranking => More conducive environment to do business => More Investments

=> More jobs => Better Standard of Living => Achche Din  :D

[IBPS-PO Mains/RBI/Reasoning ] - Input Output [Type-1]

Usually there are 5-6 questions from Input-Output in any banking exam and it is very easy to mark them 100 % correct.

Let's see the type of Questions and Approach.

Type-1: Numbers and words, Ascending /Descending वाले सवाल

Directions: Study the following information carefully and answer the given questions: The following is an illustration of input and rearrangement.
(All the numbers are two digits numbers)

Input : talk 61 26 mold boom 88 81 47 work known ink 36 69 cold
Step I : 26  talk 61 mold 88 81 47 work known ink 36 69 cold boom
Step II : 36 26 talk 61 mold 88 81 47 work known ink 69 boom cold
Step  III : 47 36 26 talk 61 mold 88 81 work known 69 boom cold ink
Step  IV : 61 47 36 26 talk mold 88 81 work 69 boom cold ink known
Step  V  : 69 61 47 36 26 talk 88 81 work boom cold ink known mold
Step  VI : 81 69 61 47 36 26 88 work boom cold ink known mold talk
Step VII : 88 81 69 61 47 36 26 boom cold ink known mold talk work

Step VII is the last slep of the above input, as the desired arrangement is obtained.

[Current Affairs] - What is One Rank, One Pension (OROP) Scheme

Be it PM's Independence Day Speech or Protests by Ex-Servicemen of Defence Forces, OROP(One Rank, One Pension Scheme) is one of the hottest topics the in recent days.

Let's see What is is ?

Timeline

• 2006: UPA government modified pension rules for defense services

• As a result, a serviceman retiring after 2006 would receive bigger pension than someone retired before 2006.

• Ex-Servicemen were annoyed at this Discrimination and demanded 'One Rank, One Pension'.

[Quantitative Aptitude/SBIPO/SSC/CLAT/GMAT/Placement Drives] - Speed,Distance and Time Part-1

One can always expect 2-3 questions from this topic in any competitive exam. The problems from this topic can be very complex in nature as it involves various logical concepts.Thus it becomes imperative to deeply understand the fundamentals of this chapter.

Note :

To solve any problem all units in the question must be uniform i.e. either all of them in m/s or km/hr.

Thus we must remember the conversion.

1 km/hr = 5 / 18 m/s                  and                               1 m/s = 18/5 km/hr


Questions based on these concepts :

Q1. Speed of Milkha Singh is 40km/hr and Speed of Forrest Gump is 30km/hr.What's the ratio of time taken by them to cover the same distance ?

Q2. Milkha takes half the time taken by Forrest to run the same distance. Forrest takes 2 hours.What is the speed of Milkha if the speed of Forrest is 20 Km/hr ?

Explanation : There is nothing much to explain in question one. In Q2, we can easily arrive at the Ratio of speeds of Milkha and Forrest is inversely proportional to the Raio of Time taken by them, which makes it 2 : 1.

Now Speed of Forrest is 20 km/hr which is 20 times 1 therefore, speed of Milkha should be 20 times 2 = 40 Km/hr (Ans).

[Interview/General Awareness/SBIPO/RBI] - Short Charticle on Social Security Schemes by Modi Government

PM Modi recently launched three ambitious social security schemes, relating to insurance and pension sector and intended at widening the process of financial inclusion.

The schemes are :

1) PM Suraksha Bima Yojana (Accidental Insurance)
2) PM Jeevan Jyoti Yojana (Life Insurance)
3) Atal Pension Yojana

These schemes were already announced in the budget.

Pradhan Mantri Suraksha Bima Yojana

[Quantitative Aptitude/SBIPO/SSC/CLAT/Placement Drives] - Percentages Tricks

Actually I should have started with this topic only as the concepts from this topic are heavily used in subsequent topics. It also plays a pivotal role in solving Data Interpretation questions.

I won't cover the basics further.Read them from some book and solve some questions.

To convert a fraction/ratio into percentage we multiply it by hundred.

1/2 = 1/2*100 =50 %

To solve percentage questions one must remember some factors as percentages.This is done to make calculations simple.

Explanation: If there is a increase or decrease by a fraction. Let Denominator be the base(original value) and numerator be increase/decrease.Obtain the new value by adding/subtracting the numerator to denominator as per the question.

Next step is to find the Multiplication factor between the Denominator and value given in the question. In this case it is 4 as 7*4=28.Multiply the same factor to the new value obtained and you get the increased/decreased final value.Here 8(New value) * 4 = 32 Ans.

[Quantitative Aptitude/SBIPO/SSC/Placement Drives] - Time and Work

Well this is the easiest chapter to start with and one can easily attempt questions without using Paper-Pen.

The approach to solve questions revolves around finding work done per unit time i.e. work done in 1 day or 1 year or 1 hour.It depends upon the time unit given in the question.

For e.g.

Q. PM Modi visits 54 countries in 3 years. How many countries will he visit in 5 years ?

In this question year is the unit of time.

3 years -------------- 54  countries
1 year  -------------- 54/3 = 18 countries (Efficiency) 

Once we have this number 18 we can easily find that in 5 years he can visit 18*5 = 90 Countries

Secondly, Efficiency is inversely proportional to time

i.e. if Modi is thrice efficient than Manmohan it means that to do a piece of work Manmohan takes thrice as much time as Modi.

[General Awareness/Interview/International Affairs] - Yemeni Crisis and Operation Rahat ( Whole Story)

Yemen (Capital:Sana) has been in the grip of an increasingly complex civil war since 2011, as several competing factions fight for control of the Middle East's poorest country.

To understand this complex tussle it becomes necessary to go through its history once :

बकर शुरू :

1.Yemenis are divided into two principle Islamic groups : 50-55 % Sunnis and 40-45 % Shias.

2. Shias, particularly Zaidi order of Shia Islam, are in north and Sunnis are in South.

3. Before 1990, Yemen was divided into North Yemen and South Yemen.

4. The Zaidis of the northern highlands dominated politics and cultural life in northern Yemen for centuries; with unification in 1990, and the addition of the south’s almost totally Shafi'i population(Sunni), the numerical balance had shifted dramatically away from the Zaidis.

5. Nevertheless, Ali Abdulllah Saleh (a Zaidi) was declared the head of the state who ruled over Yemen for 33 years as a Dictator.

[General Awareness/Debate] - Net Neutrality and India

What is Net Neutrality ?

It is a principle that says that Internet Service providers should treat all traffic on their network equally.It entails that all the bits of data are equal and there should be no discrimination on the basis of content,site or user.

पर इससे अपने को क्या फायदा ? Why should we bother ?

Also, Net Neutrality promotes a level playing field for competing companies, and allows start-ups easier access to new potential customers. Net Neutrality is equated to a free market.

Why has there been so much of हल्ला about Net Neutrality recently ? 

[Source : The Hindu]

It all started with Airtel when it decided to charge subscribers extra for use the of applications such as Skype and Viber.

Reason : Telecom companies don't like the way these apps are riding on their networks for free and cannibalizing their voice and messaging services business. Also Telecom provides invest pots of money for spectrum allocation as well as infrastructure up-gradation.

But there was furor all over which led Airtel to stay its decision and said that it would wait for TRAI's Consultation Paper on Regulatory Framework for Over-the-top (OTT) services.

Then, Facebook brought to India internet.org, a pre-selected bouquet of Web sites offered free to subscribers of Reliance Communications. There was not much controversy then.

The buzz became really big after TRAI put out a 118-page consultation paper asking the public for its opinion on 20 questions, most of them about how the Internet can be regulated. Views were also sought on net neutrality.

By evening of Tuesday, over 4.2 lakh mails had been sent in support of net neutrality through the savetheinternet.in Web site. Political parties such as the Congress, political leaders such as Arvind Kejriwal and celebrities such as Shah Rukh Khan joined the bandwagon, as has the comedy group All India Bakchod through a video. All of them argue why the Internet should not be touched. TRAI will be open to taking comments till April 24, and counter comments by May 8. which is a free offering of a slew of apps that sign up with the telecom provider.

Airtel Zero Rating :

In between all this, Airtel last week launched Airtel Zero where it offers customers free access to certain apps and services, with cost of this data traffic being borne by the partner. For example, if Flipkart signs up as an Airtel Zero partner, you will not be charged for data you use while accessing Flipkart, and Airtel will bill Flipkart for that session.


While that may sound great on paper, experts say that in the long term it's against consumer interests, because consumers are more likely to use free services. They say smaller companies, who cannot afford to subsidise consumer access to their websites and services, are likely to lose out, stifling innovation in the country, which means fewer options for consumers in the long run.

Flipside of  Flipkart :

But on Tuesday, Flipart pulled out of it after initially agreeing to be on it saying that it is committed to Net Neutrality.

What can we do ?

The regulator is seeking the views of all stakeholders by April 24 - that includes consumers like you - and you can send your comments to advqos@trai.gov.in to let the regulator know where you stand.

Let's fight for it.

[General Awareness/Interviews/NICL/NABARD] - Budget 2015 Part-1

"कुछ तो फ़ूल खिलाए हमने,  और कुछ फूल खिलाने हैं ,मुश्किल यह है बाग में अब भी ,काटें कई पुराने हैं "

These were the starting lines with which Finance Minister, Mr.Arun Jaitely commenced his Budget speech.

Flanked by a tight fiscal situation and given the compulsions of balancing the often discordant demands of investors,stock markets and the common man on the one hand and the need for fiscal consolidation,high GDP and providing the boost for growth, on the other ! It is against this backdrop that the budget must be viewed.

Let us have a look at major highlights of the Budget 2015-16.

Disclaimer: I won't mention each and every point of Budget, I am here only explaining the important parts and there implications.

JAM will provide boost to finance sector and banking and potentially extend the reach of e-commerce to rural masses.

Most of the points above are self-explanatory except GST and its importance

[MBA Interview/Banking/NICL/Newspaper Reading] - Equity, Shares and Stock Exchange

Suppose you want to start your own business and you don't have enough money to buy land,pay salaries to your employees,buy necessary equipment etc. then there you need some methods to arrange money to help your purpose.

Lets' talk of two such methods :

1)Debt : You take money and promise to pay some some interest monthly/yearly/quarterly and then you have to return that amount after an agreed period of time.e.g. Bonds,Bank Loan etc

2) Equity : You can take some money and in return you offer ownership in your business.Here comes the idea of Equity.