Home/Daily Practice Questions/Daily Answer Writing Practice Questions (22 January 2025)
Want to get Work Experience? |
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Sorry, you do not have permission to ask a question, You must login to ask a question.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
India has seen a tenfold increase in forest fire incidents over the past two decades. Annual economic losses from forest fires are estimated at ₹1.74 lakh crore. 36% of India’s forest area is prone to fires, despite only a 1.12% ...
वनाग्नि की घटनाएँ: पिछले दो दशकों में भारत में वनाग्नि की घटनाओं में दस गुना वृद्धि हुई है। आर्थिक नुकसान: वार्षिक आर्थिक नुकसान ₹1.74 लाख करोड़ के आसपास है। वन क्षेत्र वृद्धि: वन क्षेत्र में केवल 1.12% की वृद्धि के ...
The authority that administrators hold can lead to significant benefits for the nation when used appropriately, but can also cause damage and tarnish reputations if misused. Elaborate. (Answer in 150 words) हालाँकि निष्पक्षता को लोक सेवा के प्रमुख नैतिक मूल्यों ...
Privatization of Public Sector Banks (PSBs): Necessity and Issues
It is frequently believed that privatizing PSBs will increase financial performance, decrease political meddling, and increase efficiency. As seen by the profitability and innovation of private banks, private ownership usually results in improved governance and accountability. Additionally, privatization would lessen the financial strain on the government, which regularly provides cash infusions to sustain PSBs.
Privatization does, however, provide a number of difficulties. Due to economic considerations, private banks may ignore the vital role public sector banks play in financial inclusion and financing development initiatives. Bank workers may experience job instability as a result of privatization, upsetting labor relations and lives. Furthermore, private banks could overlook low-income and rural communities in favor of metropolitan and high-profit locations.
Strong regulatory frameworks are also necessary for the selling of PSBs in order to maintain openness and avoid monopolization. Inadequate planning could have negative economic effects, such limiting underprivileged people’ access to financing.
Although privatization can improve the overall performance of the banking industry, the government must balance public welfare with profitability. To properly address these issues, regulatory frameworks, financial literacy initiatives, and inclusivity-ensuring procedures are necessary.