Current Affairs with PT – 17 May 2018 – all Competitive Exams - Videos


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  2. Checks and balances, principle of government under which separate branches are empowered to prevent actions by other branches and are induced to share power.Checks and balances are applied primarily in constitutional governments

  3. GST has been structured in a way that essential services and food items are placed in the lower tax brackets, while luxury services and products have been placed in the higher tax bracket. The GST council has fitted over 1300 goods and 500 services under four tax slabs of 5%, 12%, 18% and 28% under GST.

  4. Simultaneously election :_
    1.Reducing government expenditure
    2.Reducing party election expenses: 
    3.More time for development work:
    Disadvantages :
    simultaneous elections goes against the federal principles.

  5. Community punishment in India
    The Benefits:–
    Community service is a flexible, personalized, and humane sanction, a way for the offender to repay or restore the community. It is practical, cost-effective, and fair–a "win-win" proposition for everyone involved.

  6. sir im enjoying your sessions very much and its always fun to study with you……. a small suggestion i would like to give you that you should take an inspiring thought at the starting of each sessions.

  7. Today's Q/A are 1. What are the rates slabs of GST & ‘GST Council has been hailed as the victory of co-operative federalism in India’ –Explain : four tax slabs of 5%, 12%, 18% and 28% , The spirit of cooperative federalism requires both the Union and the State governments to sacrifice their fiscal autonomy in favor of a collective decision-making process. In GST while the States will get the power to tax both goods and services, the Centre will be able to levy taxes beyond the manufacturing point, across the full supply chain. At the same time, the tax provisions that restricted inter-State movement of goods within the country will now be dispensed with.
    2. Make a list of 3 pros-cons of holding simultaneous elections in India?
    Pros of conducting simultaneous election: 1.Drastically decrease election conducting cost. 2.No turmoil of every six months to conduct elections in some states. 3.A stable governing system will established in center and states so that the dynamics of the governments will change in order to lure citizens of state by the central government party and very important in implementing policies uninterruptedly. Cons: 1.One major party may turn the tide in its favour in a politically charged up air and dominant the whole country for next five years 2.The party may become the dictator for five years and there will be no checks and balances to handle the party. 3.What if No confidence motion is passed successfully in center or even in any one state ,will the whole country see the elections again?
    3. What exactly is the concept of ‘Community Punishment’ in India & what are the benefits that Govt. Will derive by starting ‘Community Punishment’ & how it is related with Labor Code of Social Security Bill? Offenders like company CEOs who have dispensed with employees EPF money will now serve community punishment like cleaning streets, painting walls,etc.etc.
    4. What is “Minimum Wages’ concept & how it helps in the working of the company & social security? A minimum wage is the lowest remuneration that employers can legally pay their workers. Equivalently, it is the price floor below which workers may not sell their labor. Minimum wage workers set to benefit as wealthy peope are squeezed …. and create a profit margin which will help the company grow. … the costs of company’s social welfare programs decrease as people will need less social security
    5. What will the outcome of elections in Chattisgarh, Rajasthan & Madhya Pradesh, where BJP is facing ‘anti-incumbency’?Rajasthan-Congress(recent by-election in Rajasthan) but Chattisgarh, Rajasthan & Madhya Pradesh-too early to say
    6. Why did China changed ‘OBOR’ to ‘BRI’ ? As explained Chinese media, the first English translation, namely, “One Belt One Road”, has brought about numerous misinterpretations, as the partners tend to focus too much on the word “one”, assuming that there is to be only one maritime route and a single land belt, whereas, in reality, “The Belt and Road Initiative aims to connect Asia, Europe and Africa along five routes.” Supposedly, the perception of a single road as a limited offer can drive the regional partners into competition mode, therefore, the stressing of the numeral “one” is to be avoided. Also, the word “initiative” has been admitted into the official acronym in order to stress the openness of the strategy, and to avoid criticisms over “China-centered institution building”, that have been gaining momentum as the project progresses.
    7. What do you mean by swapping ‘Debt-for-Equity’ & what wrong happened in Humbon Tota in Sri Lanka? A debt/equity swap is a transaction in which the obligations or debts of a company or individual are exchanged for something of value, equity.For e.g. Sri Lanka’s handing over the strategic southern port of Hambantota to China on a 99-year lease.
    8. Name the famous person who died of cancer in pancreas? Steve Jobs: Apple CEO and co-founder
    9. Why Nanotechnology is called ‘the ultimate solution’ for Cancer? Literature Review says so-One of the potential fundamental advantages of nanotechnology for cancer treatment is tumor targeting. Passive targeting takes advantage of the enhanced permeability and retention (EPR) effect to increase the concentration of nanoparticles (NPs) in the tumor


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