Monthly Archive: December 2015

GIAN

Governments of the United States and India have pledged to collaborate through India’s Global Initiative of Academic Networks (GIAN) to facilitate short-term teaching and research programmes by up to 1,000 visiting US academics in...

Pay Commissions

Pay Commission is set up intermittently by government of India, and gives its recommendations regarding changes in salary structure of its employees. Since India’s Independence, seven pay commissions have been set up on a...

Masala Bond

Bonds are instruments of debt – typically used by corporates to raise money from investors. Masala bonds are Indian rupee denominated bonds issued in offshore capital markets. These will be offered and settled in...

MUDRA Banks

Micro Units Development and Refinance Agency Bank (or MUDRA Bank) is a public sector financial institution in India. It provides loans at low rates to micro finance institutions and non-banking financial institutions which then...

Practice Test:Reading Comprehension

As sociologists Trimble and Medicine point out in a survey paper published in 1966, many of the studies dealing with the Native American (Indian) experience have tended to focus on negative aspects of Native...

The Trans-Pacific Partnership

The Trans-Pacific Partnership (TPP) is a trade agreement among twelve Pacific Rim countries concerning a variety of matters of economic policy, which was reached on 5 October 2015 after 7 years of negotiations. The...

Special Drawing Rights(SDR)

The SDR was created by the IMF in 1969 as a supplementary international reserve asset, in the context of the Bretton Woods fixed exchange rate system. Its value is currently based on a basket...

Civil Service Examination (Complete Information)

The Union Public Service Commission conducts the Civil Services (Preliminary) Examination which is common for the candidates applying for Civil Services Examination and Indian Forest Service  Examination, and acts as a screening mechanism for selection of candidates for the Civil Services (Main) Examination and Indian Forest...

TRIPS Agreement

One of the issue that has become increasingly important to WTO is protecting Intellectual Property Rights. The 1995, Uruguay agreement established the WTO also contain an agreement to protect intellectual property (Trade Related Aspects...

Practice Test:Reading Comprehension

The distinction that modern artists and art critics make between the arts, on the one hand, and crafts, on the other, was foreign to classical antiquity. Both arts and crafts were regarded by the...

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