Be Happy, Share & Help Each Other!!!

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A

Lecture 1- Quote 2- Editorials 3- Vocabulary 4- Subjective Q 5- Current Affair Q 6- News Analysis 7- Capital & Currency 8- Prelims Focus Facts 9- Revision(Base Knowledge) 10- Maps Practice-(Q-Bangladesh)

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Such a long legacy Jawaharlal Nehru had steered the party to impressive victories in the first three elections to Parliament after Independence- Nehru s death in 1964 First woman Prime Minister of India on January 24, 1966. From the late 1960s to her assassination in 1984 Goongi gudiya (dumb doll)- Durga- Born: 19 Nov 1917, Allahabad Male colleagues dominated 1)- Garibi hatao (remove poverty), 2)- Nationalised 14 commercial banks in 1969, and 3)- Abolished the privy purses of the erstwhile royals. 4)- Decisive victory over Pakistan in 1971 5)- Internal emergency from 1975 to 1977 6)- 1984 anti Sikh riots.

Timely recognition Moody s decision to upgrade India s credit rating after a gap of almost 14 Driven by some of the recent structural reforms 1)-Including the implementation of GST, and 2)-Moves to address- bad loans in the banking sector through an Insolvency and Bankruptcy Code Ratings agency has said->results 1)-Improving the business climate, 2)-Enhancing productivity, 3)-Stimulating foreign and domestic investment, and 4)-Ultimately fostering strong and sustainable growth. Change the ratings outlook to stable from positive High public debt burden remains important constraint on India s credit profile relative to peers(स थ य ) Political leadership must stay the reform course.

Beyond Piketty Thomas Piketty (French) born 7 May 1971) is a French economist whose work focuses on wealth and income inequality Q- Have demonetisation and the GST aggravated income inequality? Both policies, it is asserted, are guaranteed to yield long term benefits, 1)-Unmindful of large scale hardships, 2)- loss of livelihoods, 3)- closure of small and medium enterprises and 4)- slowdown of agriculture. Tracking income inequality Inequality and its association with poverty. Thomas Piketty->Capital in the Twenty First Century, demonstrating that rising income inequality is a by product of growth in the developed world. More recently, Lucas Chancel and Piketty (2017), in Indian income inequality, 1922 2014: From British Raj to Billionaire Raj?,

Continue Offer a rich and unique description of evolution of income inequality in terms of income shares and incomes 1)-Top 1% of earners captured less than 21% of total income in late 1930s, 2)-Rising to 22% today. Over the 1951 1980 period, the bottom 50% captured 28% of total growth and incomes of this group grew faster than the average, while the top 0.1% incomes decreased Over the 1980 2014 period, the situation was reversed; the top 0.1% of earners captured a higher share of total growth than the bottom 50% Credit Suisse Global Wealth Report 2017, the number of millionaires in India is expected to reach 3,72,000 while the total household income is likely to grow by 7.5% annually to touch $7.1 trillion by 2022. Since 2000, wealth in India has grown at 9.2% per annum, faster than global average of 6% even after taking into account population growth of 2.2% annually->not everyone has shared the rapid growth of wealth.

Prelims Focus Facts-News Analysis Page-1,10,13- Economy gets Moody s thumbs up

Prelims Focus Facts-News Analysis Page-1- Censor board returns Padmavati Central Board of Film Certification (CBFC) has sent the Sanjay Leela Bhansalidirected Padmavati back to the makers as the application for the certification was incomplete.

Prelims Focus Facts-News Analysis Page-7- SC for nationwide ban on furnace oil, pet coke The Supreme Court on Friday requested all States and Union Territories to move forward towards a nationwide ban on the use of pet coke and furnace oil(भट ठ त ल) to power up industries, in a bid to fight pollution. Supreme Court had already ordered a ban on the industrial use of pet coke and furnace oil in the States of Uttar Pradesh, Haryana and Rajasthan on October 24.

Prelims Focus Facts-News Analysis Page-7- PSLV built by domestic industry by 2020 The Indian Space Research Organisation (ISRO) is preparing to hand over the entire gamut of launch vehicle manufacture to domestic industry by 2020 Our effort is to give a push to industry for production of end to end systems. By 2020, we hope to have the first completely industry built PSLV, Inaugurating the National Aerospace Manufacturing Seminar (NAMS 2017) organised by the Society of Aerospace Manufacturing Engineers, he said efforts were on to set up a consortium(स घ) of companies for purpose. Theme of the seminar-> Aerospace Manufacturing in India Vision 2030. ISRO had a partnership with about 500 domestic industries for the supply of v arious components and devices. About 80% of the cost of launch vehicles and 40% of satellites are handled industries.

Prelims Focus Facts-News Analysis Page-11- Ready to alter economic corridor route: China China may consider alternative routes through Jammu and Kashmir to address India s concerns regarding the China Pakistan Economic Corridor (CPEC) that passes through Pakistan-occupied Kashmir (PoK)

Prelims Focus Facts-News Analysis Mugabe appears in public amid pressure to resign President Recep Tayyip Erdogan on Friday said Ankara had pulled out 40 Turkish troops from a NATO exercise in Norway, in a new outburst of tensions with its Western allies Turkey, which became a member of NATO in 1952-Q-? RBI cancels OMO sales Cancelled the open market operation of bond sales of 10,000 crore scheduled on November 23 citing the evolving liquidity condition. Open market operations (OMO) refers to the buying and selling of government securities in the open market in order to expand or contract the amount of money in the banking system

Prelims Focus Facts-News Analysis Page-18- One legged football hero melts Chinese hearts He Yiyi, who battled cancer at 12, is now holding his own against able-bodied opponents in matches The exploits of 21-year-old He Yiyi, who lost his leg to childhood cancer and uses crutches to support himself when playing

Last Day- Q s- Answers Sati System was abolished by Lord William Bentinck in 1829 Efforts of social reformer Raja Ram Mohan Roy. Article 78 declares the relation between President & Prime Minister. Duties of PM as respect the furnishing of Information to the President. Article 167- Relation between Governor & Chief Minister Leonardo da Vinci belonged to Italy, Europe.

Today- Question Question:- Write a short note on Indira Gandhi.

Be Happy, Share & Help Each Other!!!