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June 30, 2013
- Morale dampener to people in India: Except NRIs, who stand to gain the most on account of the rupee weakness, most Indians are worried because of the rapid decline in the rupee.
- Higher EMIs: Central banks around the world resort to higher rates to stem depreciation in the currency. That's because higher interest rates could bring in higher capital inflows necessary to finance current account deficit. That means living with high equated monthly installments.
- Stuttering growth: India's GDP grew by 5 per cent in 2012-13, the slowest in a decade. The sharp depreciation in the currency and the RBI's likely tight monetary policy will lower growth expectations.
- Slowdown in foreign investment: Weak growth prospects will lead to a slowdown in capital inflows hurting investment in Indian economy and more so in the crucial infrastructure sector.
- Rising inflation: Global commodities have 35 per cent weightage in India's wholesale inflation basket, and as the rupee weakness, the prices of these commodities go up. Nomura estimates that a 10 per cent depreciation in the rupee adds 60-80 basis points to headline inflation.
- Higher fuel price: Petrol prices have been hiked twice this month. Such hikes will become a recurring feature as rupee weakens further. Crude, which is priced in dollars, is India's biggest import item and a depreciating rupee increases the cost of imports. The worst part is Indians will have to pay more for fuel even though global prices have hit a year-low.
- Greater volatility in stocks: Foreign funds have sold net $6.7 billion (largely from bonds) from May 22 to June 24, 2013, Nomura says. The BSE Sensex has fallen nearly 8 per cent over the same period. Foreign funds are likely to sell more because the weakness in the rupee makes their investment unattractive. Shares in companies with higher FII holdings will be under pressure.
- Corporate profits: Exporters will gain, but companies dependent on imported raw materials will see a sharp impact on their bottom line. A weak rupee also exposes companies with unhedged overseas loans.
- Costlier foreign education: Those planning to go to the U.S. will have to shell out at least Rs. 2-4 lakh more for their expenses because of the sharp fall in the rupee, according to industry body Assocham estimates.
- Costlier foreign travel: Travelling abroad will be costlier as you will have to pay more rupees to buy dollars for your overseas trip/vacation.
June 29, 2013
Interest receipts 7 per cent (Rs 8,656 crore) and share of central taxes of 19 per cent ( Rs 24,132 crore).
- formation of lead sulphate by oxidation of lead at the anode and
- reduction of lead dioxide at the cathode.
- consumed during the discharge process and
- released during the charge process.
June 28, 2013
June 27, 2013
|Andhra Pradesh Population Census 2011 - Urban Population Overview|
- Fourth largest state by area
- fifth largest by population
- Total polpulation of 8.47 crore inhabitants.
- The State accounts for 7% of the country’s population.
- Rate of Growth of population during 2001-11 which has come down to 11.1 percent compared to 14.6 percent in the previous decade 1991-2001.
- 66.5% of the total population lives in rural areas while 33.5% live in urban areas.
- The Sex Ratio in the State, up from 978 in 2001 to 992 in 2011, is higher than All India ratio of 940 in 2011.
- Child Sex Ratio (CSR) remains a concern as the state has registered a decline by 18 points in CSR from 943 in the 2011 Census from 961 in 2001 Census
|AP Census 2011|
- Area: 275,045 sq km
- 5 categories of soils spread across 9 Agro-Climatic zones.
- 2nd longest coastline in the country with a length of 974 km.
- The State has a Forest area of 63,814 Sq.Kms as per the Forest records, which accounts for 23.2% the total geographical area.
- Andhra Pradesh historically called as the "Rice Bowl of India" and continues to be the largest producer of Rice in the country.
- Leading producer of cash crops like Tobacco, Groundnut, Chillies, Turmeric, Oilseeds, Cotton, Sugar and Jute.
- Horticulture outputs like finest varieties of fruit like mango, grapes, guava, sapota, papaya and bananas.
- Has witnessed development in sectors like IT and Telecom and continues to be a preferred destination in the country.
- The State is an important tourist hub both for national and international travelers with several holy pilgrim centres, ports, rivers, beaches and hill stations.
|India's Longest Tunnel Opens in Kashmir|
June 26, 2013
|BANK PO Aptitude Reasoning|
- The IRNSS will have a constellation of seven satellites
- the IRNSS-1A is the first of the seven regional, satellite-aided navigation systems built by ISRO.
- The satellite will be kept in geosynchronous Orbit at a height of 36000kms.
- The System is intended to provide an absolute position accuracy of better than 20 meters throughout India and within a region extending approximately 2,000 km around it.
|Indian Regional Navigation Satellite System|
- The IRNSS-1A will provide accurate information on the position of cars/trucks, ships and aircraft vis-à-vis their destination, with the help of a receiver.
- It could be an independent receiver, or built into a mobile phone, a car or a ship. The satellite can provide precise information when the aircraft is about to land on the runway.
- The pilot will know how far he is from the runway or at what height he is above the runway, with an accuracy of 20 metres.
- Unlike the Global Positioning System (GPS) which can be used anywhere, this is called a regional navigation system because it is available to users in India and the surrounding region. A highly accurate atomic clock is part of the navigation payload of the satellite.
- Thus, the IRNSS applications include terrestrial, aerial and marine navigation, disaster management, tracking of vehicles, guiding hikers and travellers, and visual and voice navigation for drivers.
|Indian Regional Navigation Satellite System|
- Master Control Center (MCC),
- ground stations to track and estimate the satellites' orbits and ensure the integrity of the network (IRIM), and
- additional ground stations to monitor the health of the satellites with the capability of issuing radio commands to the satellites (TT&C stations).
|Appsc News Age bar increased to 36 Years|
- The number of establishments in the organized sector grew to 19,591 by March, 2012.
- Of which, 13,175 were in Public Sector and 6,416 were in Private Sector.
- 20.28 lakhs persons were employed in the organized Sector as on March, 2012.
- The Public Sector alone accounted for 12.76 lakhs and the remaining 7.52 lakhs were employed in the Private Sector.
- A total of 1,97,087 candidates were enrolled, 9,530 vacancies notified to Employment Exchanges and 820 candidates placed in 2012-13 (up to Oct.12). There were 19,07,027 candidates on live register of Employment Exchanges at the end of October, 2012.
- While Andhra Pradesh has registered an annual compound growth of 1.70% in employment between 2004-05 and 2009-10 - up from 0.70% between 1999- 2000 and 2004-05.
- Similarly, the employment elasticity which represents the responsiveness of employment generation to change in gross domestic product stands at 0.19% for Andhra Pradesh as against the all India employment elasticity of 0.28%.
June 25, 2013
|Early Vedic Age Economy|
June 24, 2013
|Deserts of India|
Five of the world’s 10 fastest computers are installed in the U.S., the survey said, with the two in China, two in Germany and one in Japan. Most of the Tianhe-2’s parts are developed in China, except for its main processors, which are designed by the U.S. firm Intel. But the U.S. still dominates the overall supercomputer rankings, with 252 systems making the top 500.
|Tianhe 2 - Milky Way 2|
|Management of Disasters in India|
The genesis of communalism in India can be found in the British conquest of India and its impact on the people. The British conquest marked the decline of upper class Muslims, particularly in Bengal where they lost their preeminence in employment in army, judiciary and administration. Slowly with the Permanent Settlement of 1793 along with the making of English the official court language in 1833 the upper class Muslims began to lose their power and influence. In the Indian situation, the loss of Muslims was the gain of Hindus as they had responded more positively to education and other modernizing forces.
June 23, 2013
holders involved in Disaster Mitigation and Response programs
and Risk Reduction work
the Chairperson to monitor, co-ordinate and oversee the functions of the Departments concerned with
respect to Disaster Mitigation
Management and held responsible for Disaster Mitigation, Risk Reduction, Preparedness and early
Calamities included under National Disaster Management Act - First Schedule List & Second Schedule for Nodal Ministries to various types of Disasters
Ministry of Agriculture
Epidemics & Biological Disasters
Ministry of Health and Family Welfare
Ministry of Environment & Forests
Ministry of Atomic Energy
Ministry of Civil Aviation
Ministry of Railways