Simplifying UPSC Civil Services 2022

Highlights of The Interim Budget 2014-15 The Union Finance Minister, Shri P. Chidambaram here today presented the Interim Budget 2014-15 that shows an  Estimated Plan Expenditure of Rs. 5,55,322 Crore and  Non-Plan Expenditure of Rs. 12,07,892 Crore Fiscal Deficit to be Pegged at 4.1% and  The Revenue Deficit at 3%  The fiscal deficit (of current financial year) at 4.6% and  The revenue deficit (of current financial year) at 3.3%. The fiscal deficit during 2014-15 will be below the target set by the fiscal consolidation path. Major Economic Initiatives in the Current Financial Year Public Sector Enterprises Achieve a New Record in Capital Expenditure • About 50,000 MW of Thermal and Hydelpower capacity is under construction and 78,000 MW of power capacity has been assured coal supply. • The FDI policy was liberlised. • Approval was granted to establish two semi-conductor wafer fab units. • IT modernization of the Department of Posts with an outlay of Rs. 4,9

What is Vote on Account? The discussion on the Budget begins a few days after its presentation. In a democratic set-up, Government is anxious to give Parliament full opportunity to discuss the budgetary provisions and the various proposals for taxation. Since Parliament is not able to vote the entire budget before the commencement of the new financial year, the necessity to keep enough finance at the disposal of Government in order to allow it to run the administration of the country remains. A special provision is, therefore, made for "Vote on Account" by which Government obtains the Vote of Parliament for a sum sufficient to incur expenditure on various items for a part of the year. What is duration for the Vote-on-Account? Normally, the Vote on Account is taken for two months only. But during election year or when it is anticipated that the main Demands and Appropriation Bill will take longer time than two months, the Vote on Account may be for a period exceeding two

What is Monorail ? According to official definition, Monorail.org : MO*NO*RAIL n. 1. A single rail serving as a track for passenger or freight vehicles. In most cases rail is elevated, but monorails can also run at grade, below grade or in subway tunnels. Vehicles are either suspended from or straddle a narrow guideway. Monorail vehicles are WIDER than the guideway that supports them. A monorail is a rail-based transportation system based on a single rail, which acts as its sole support and its guideway.  The term is also used variously to describe the beam of the system, or the vehicles traveling on such a beam or track.  The term originates from joining mono (one) and rail (rail), from as early as 1897, possibly from German engineer Eugen Langen who called an elevated railway system with wagons suspended the Eugen Langen One-railed Suspension Tramway (Einschieniges Hängebahnsystem Eugen Langen).  The transportation system is often referred to as a railway. Co

The Ministry of Personnel, Public Grievances and Pensions had released a note regarding relaxing more attempts in the Civil Services Examination 2014,  two additional attempts to all categories of candidates. According to the note: "The Central Government has approved two additional attempts to all categories of candidates w.e.f. Civil Services Examination 2014, with consequential age  relaxation of maximum age for all  categories of candidates, if required.” It is to note that the Civil Services Examination for the year 2014 is going late by the normal schedule of the Pre Test i.e.UPSC CSAT 2014. The probable date is August 24.In this regard, Civil Services Aspirants are eagerly waiting for the notification of the UPSC Civil Services Examination 2014!