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Current Affairs 2017

Delhi Police chief Alok Verma appointed new CBI Director

The Appointments Committee of the Cabinet has approved the appointment of Shri Alok Kumar Verma as the new CBI Director. His appointment will be for a period of two years from the date of assumption of charge of his office. Shri Alok Kumar Verma, currently Delhi Police commissioner, is a 1979 batch Indian Police Service officer of the Arunachal Pradesh-Goa-Mizoram and Union Territory (AGMUT) cadre.

Employment News

181 Pet PI ASC, C/o 56 APO, www.persmin.nic/dopt.asp invites applications for Tradesman Mate 02 psots (UR-01 post, SC/ST-01) Fireman 06 posts (UR-04, SC/ST-01post, OBC-01) Refer website or Employment News dated 7-13 Jan 2017...

What is Budget?

Budget is also called the Annual Financial Statement. This is the main budget document. Under Article 112 of the Constitution, a statement of estimated receipts and expenditure of the government of India has to be laid before Parliament for every financial year. This statement shows the receipts and payments of Government under the three parts in which Government accounts are kept: (1) Consolidated Fund (2) Contingency Fund and (3) Public Account.

What is Revenue Budget?

This consists of the revenue receipts of the government (tax revenues and other revenues) and the expenditure met from these revenues. Tax revenues comprise proceeds of taxes and other duties levied by the Union. Other revenues are receipts of the government mainly consisting of interest and dividend on investments made by government fees and receipts for other services rendered by the government. Revenue Expenditure is expenditure for the normal running of government departments and various services, interest charges on debt incurred by government, subsidies and so on. Broadly speaking, expenditure which does not result in the creation of assets is treated as revenue expenditure. All grants given to state governments and other parties are also treated as revenue expenditure even though some of the grants may be for creation of assets.

What is Capital Budget?

This consists of capital receipts and payments. It also incorporates transactions in the Public Account. Capital receipts are loans raised by government from the public which are called market loans, borrowings by government from Reserve Bank and other parties through sale of Treasury Bills, loans received from foreign bodies and governments and recoveries of loans granted by Central government to state and Union territory governments and other parties. Capital payments consists of capital expenditure on acquisition of assets like land, buildings, machinery, equipment, as also investments in shares, loans and advances granted by central government to state and union territory governments, government companies, corporations and other parties.

Rajiv Gandhi Khel Ratna Dronacharya and other National Sports Awards 2016

National Sports Awards are given every year to recognize and reward excellence in sports. Rajiv Gandhi Khel Ratna Award is given for the spectacular and most outstanding performance in the field of sports by a sportsperson over a period of four years; Arjuna Award is given for consistently outstanding performance for four years; Dronacharya Award for coaches for producing medal winners at prestigious international sports events, Dhyan Chand Award for life time contribution to sports development and Rashtriya Khel Protsahan Puruskar is given to the corporate entities (both in private and public sector) and individuals who have played a visible role in the area of sports promotion and development. Rajiv Gandhi Khel Ratna Award 2016 Name of awardee Discipline P.V. Sindhu Badminton Sakshi Malik Wrestling Dipa Karmakar Gymnastics Jitu Rai Shooting Dronacharya Award 2016 Name of awardee Discipline Nagapuri Ramesh Athletics Sagar Mal Dhayal Boxing ...

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What is North East Council?

The North Eastern Council is the nodal agency for the economic and social development of the North Eastern Region which consists of the eight States of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura. What are its objectives? The North Eastern Council was constituted in 1971 by an Act of Parliament. The constitution of the Council has marked the beginning of a new chapter of concerted and planned endeavour for the rapid development of the Region. Over the last thirty five years, NEC has been instrumental in setting in motion a new economic endeavour aimed at removing the basic handicaps that stood in the way of normal development of the region and has ushered in an era of new hope in this backward area full of great potentialities.

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Genetically Modified Food or Crops

Genetic Modification Genetic modification refers to techniques used to manipulate the genetic composition of an organism by adding specific useful genes. A gene is a sequence of DNA that contains information that determines a particular characteristic/trait. All organisms have DNA (genes). Genes are located in chromosomes. Genes are units of inheritance that are passed from one generation to the next and provide instructions for development and function of the organism. Crops that are developed through genetic modification are referred to as genetically modified (GM) crops, transgenic crops or genetically engineered (GE) crops. Over the last 30 years, the field of genetic engineering has developed rapidly due to the greater understanding of deoxyribonucleic acid (DNA) as the chemical double helix code from which genes are made. The term genetic engineering is used to describe the process by which the genetic makeup of an organism can be altered using “recombinant DNA technology.” This ...

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Career Scope in Print Media

Print media are lightweight, portable, disposable publications printed on paper and circulated as physical copies in forms we call books, newspapers, magazines and newsletters. They hold informative and entertaining content that is of general or special interest. They are published either once or daily, weekly, biweekly, monthly, bimonthly or quarterly. Print Media is the oldest form of media. But even today it is growing from strength to strength. Around 4000 small, medium and large newspapers and magazines across the county are registered with the Registrar of Newspapers every year. This indicates that it is a growing sector where employment opportunities are increasing with each passing day. Most of the young aspirants who want to enter the print media prefer reporting, but newspapers and magazines also seek young talent as photographers, artists, editors, computer experts, librarians, and cartoonists. Students who have writing ability, graphics or photo skills, curiosity and deter ...

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