Author: Exams Corner

The Emergency Credit Line Guarantee Scheme (ECLGS) was introduced by the Indian Government as a part of the Atma Nirbhar Bharat package to support Micro, Small, and Medium Enterprises (MSMEs) and MUDRA borrowers during the economic disruptions caused by the COVID-19 pandemic. This scheme plays a pivotal role in reviving the economy by providing additional credit to businesses and promoting self-reliance. Key Highlights of the Emergency Credit Line Guarantee Scheme (ECLGS) Objectives of the ECLGS Eligibility Criteria for ECLGS To qualify for loans under the ECLGS, businesses must meet the following criteria: Tenure and Interest Rates under ECLGS ECLGS 4.0:…

Masala Bonds are innovative financial instruments issued outside India by Indian entities in Indian Rupees (INR). These bonds are designed to attract foreign investors while promoting the internationalization of the Indian Rupee. Below is a detailed look at Masala Bonds, their objectives, characteristics, benefits, and limitations. What are Masala Bonds? Masala Bonds are debt securities issued overseas by Indian entities, denominated in Indian Rupees. These bonds allow Indian entities to raise funds globally while shielding themselves from currency exchange rate risks. Key Objectives of Masala Bonds: Investor Risk: In the event of any currency depreciation, the investor bears the loss,…

In today’s digital age, efficient government functioning is essential for ensuring smooth operations and transparency. Government To Government (G2G) initiatives aim to improve internal government processes, streamline workflows, and leverage technology for better decision-making and service delivery. These initiatives are particularly focused on the adoption of Smart Governance strategies to enhance efficiency, particularly in Southern States like Andhra Pradesh and Karnataka. In this article, we will explore some key G2G projects in these states and highlight the important lessons learned from their implementation. Smart Gov in Andhra Pradesh The Andhra Pradesh Secretariat consists of multiple departments that manage a vast…

Good governance is a concept that has been gaining attention globally, especially in the context of evaluating the effectiveness of aid and development programs. Although it may seem like a modern term, the principles of good governance have deep historical roots in India’s political and administrative philosophy. From the teachings of Chanakya in the Arthashastra to Mahatma Gandhi’s concept of “Su- Raaj”, the notion of governance focused on the welfare of the people has been an enduring ideal. In this article, we’ll explore the concept of Good Governance, its key components, and the importance of citizen-centric administration. Introduction to Good…

PRAGATI, short for Pro-Active Governance and Timely Implementation, is an innovative Information and Communication Technology (ICT) platform that operates under the Prime Minister’s Office (PMO). This platform plays a critical role in the monitoring, reviewing, and addressing the grievances related to government projects across India. The initiative seeks to ensure that government projects are implemented efficiently and on time, improving overall governance in the country. In this article, we’ll dive deep into the PRAGATI platform, its objectives, features, and recent updates, highlighting how it is enhancing governance and ensuring timely implementation of key projects. What is PRAGATI? PRAGATI is a…

In today’s digital age, e-Governance has become an essential tool for improving the efficiency, transparency, and accessibility of government services. Through the integration of Information and Communication Technology (ICT), e-Governance aims to provide SMART governance, offering citizen-centric services that are simplified, moral, accountable, responsive, and transparent. In this article, we explore the definition, significance, and key initiatives of e-Governance in India. What is E-Governance? E-Governance refers to the use of ICT by the government to deliver services, exchange information, and carry out administrative functions. It aims to enhance the interaction between government and citizens, businesses, and other governmental entities, ensuring…

The Rajya Sabha, also known as the Council of States, is the upper house of the Indian Parliament. It plays a vital role in representing the states and union territories of India, and safeguarding their interests within the legislative process. In this article, we explore the structure, elections, and key facts about the Rajya Sabha in India. What is Rajya Sabha? The Rajya Sabha is one of the two houses of the Indian Parliament, with the other being the Lok Sabha. While the Lok Sabha represents the people of India through direct elections, the Rajya Sabha represents the states and…

The Lok Sabha is one of the two houses of the Indian Parliament, representing the people of India and functioning as the cornerstone of Indian democracy. This article delves into the structure, elections, and the role of the Lok Sabha Speaker, providing key facts and insights. What is Lok Sabha? The Lok Sabha, also known as the House of the People, is the lower house of the Indian Parliament. It represents the people of India directly, with its members (MPs) elected through universal adult suffrage. The Rajya Sabha, or the Council of States, is the upper house of Parliament, with…

The Constitution of India stands as a remarkable and unique document, both in its content and spirit. While it incorporates features from various constitutions worldwide, it remains a distinctive creation tailored to India’s diverse needs. Over time, the Constitution has undergone significant amendments, such as the 7th, 42nd, 44th, 73rd, and 74th Amendments, to address evolving socio-political challenges and uphold its relevance. Key Amendments of the Constitution of India The Flexible Nature of Indian Constitution The Indian Constitution is not rigid and allows for amendments by the Parliament under specified procedures. This adaptability ensures its relevance to changing times. Some…

Indian temple architecture reflects the country’s rich cultural and historical legacy. The Shilpashastras (architectural texts) of the early medieval period categorize temple architecture into three primary styles: Nagara, Dravida, and Vesara. These styles, rooted in regional, cultural, and religious influences, stand as timeless symbols of architectural brilliance. Three Major Temple Architecture Styles 1. Nagara Style Origin: North India (region between the Himalayas and the Vindhyas)Development: Emerged during the Gupta period Key Features Notable Examples 2. Dravida Style Origin: South IndiaDevelopment: Dates back to the Gupta period Key Features Notable Examples 3. Vesara Style Origin: Karnataka regionDevelopment: Evolved during the early…