How do central banks differ from commercial banks in terms of their roles and functions?
Mains Answer Writing Latest Questions
In what ways did the constitutional developments from 1773 to 1858 influence subsequent constitutional reforms in India post-independence?
Numerical Reasoning: If a car travels at an average speed of 60 kilometers per hour, how long will it take to travel 240 kilometers?
What are the 5 major problems faced by farmers?
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Farmers face numerous challenges that affect their productivity, income, and overall well-being. Here are five major problems commonly encountered by farmers: ### 1. **Climate Change and Weather Variability:** - **Unpredictable Weather Patterns:** Increasing frequency and severity of extremeRead more
Farmers face numerous challenges that affect their productivity, income, and overall well-being. Here are five major problems commonly encountered by farmers:
### 1. **Climate Change and Weather Variability:**
– **Unpredictable Weather Patterns:** Increasing frequency and severity of extreme weather events such as droughts, floods, and storms disrupt planting and harvesting schedules.
– **Temperature Extremes:** Higher temperatures can stress crops and livestock, reduce yields, and increase water demand.
– **Seasonal Shifts:** Altered growing seasons can affect crop cycles and reduce the effectiveness of traditional farming practices.
### 2. **Water Scarcity and Management:**
– **Irrigation Challenges:** Many farmers rely on irrigation, but access to water is becoming increasingly limited due to over-extraction, pollution, and competition for resources.
– **Depleting Water Sources:** Groundwater levels are falling in many regions, making it more difficult and costly to access water.
– **Inefficient Practices:** Poor water management and outdated irrigation techniques can lead to wastage and reduced availability.
### 3. **Economic Pressures:**
– **Low and Unstable Prices:** Farmers often receive low prices for their produce due to market fluctuations, lack of bargaining power, and middlemen exploitation.
– **Debt and Financial Insecurity:** High input costs (seeds, fertilizers, equipment) coupled with low returns lead to mounting debts and financial stress.
– **Lack of Access to Credit:** Small and marginal farmers frequently struggle to obtain affordable credit, limiting their ability to invest in their farms.
### 4. **Soil Degradation and Fertility Issues:**
– **Erosion and Depletion:** Intensive farming, deforestation, and poor land management practices lead to soil erosion and loss of fertility.
– **Nutrient Deficiency:** Over-reliance on chemical fertilizers can degrade soil health, reducing its productivity over time.
– **Salinization:** Inappropriate irrigation practices can cause soil salinization, rendering land less productive or unusable.
### 5. **Access to Technology and Modern Farming Practices:**
– **Lack of Knowledge and Training:** Many farmers, especially in developing regions, lack access to information about modern farming techniques and sustainable practices.
– **Technology Gaps:** Limited access to advanced machinery, high-yield seeds, and efficient pest control methods hampers productivity.
– **Digital Divide:** Rural areas often have poor internet connectivity, limiting farmers’ access to information, markets, and digital tools that could enhance their operations.
Addressing these challenges requires coordinated efforts from governments, agricultural organizations, and the private sector to provide support in areas such as climate resilience, water management, financial services, soil health, and technological innovation.
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Why is a three-point hitch important in a farm tractor?
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A three-point hitch is crucial in farm tractors due to its versatility and efficiency in agricultural operations. This system consists of two lower arms and an upper link that allow implements to be easily attached and controlled by the tractor. The importance of a three-point hitch can be understooRead more
A three-point hitch is crucial in farm tractors due to its versatility and efficiency in agricultural operations. This system consists of two lower arms and an upper link that allow implements to be easily attached and controlled by the tractor. The importance of a three-point hitch can be understood through several key reasons:
Firstly, it provides a standardized and secure method for attaching various implements such as plows, harrows, cultivators, and mowers to the tractor. This standardized interface ensures compatibility across different brands and types of implements, enhancing operational flexibility and reducing downtime.
Secondly, the three-point hitch enables precise control over the depth, angle, and position of the implement during operation. This control is essential for tasks like seed planting, soil preparation, and weed management, where precise adjustments can significantly impact crop yield and quality.
Thirdly, the design of the three-point hitch allows the weight of the attached implement to be transferred to the tractor’s rear wheels, improving traction and stability. This is particularly important when working on uneven or hilly terrain, enhancing safety and operational efficiency.
Overall, the three-point hitch system in farm tractors plays a pivotal role in modern agriculture by facilitating efficient, precise, and safe operation of a wide range of implements, thereby contributing to increased productivity and profitability in farming practices.
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Which among the following personalities got the India’s highest civilian awards? A. Madan Mohan Malaviya B. Manmohan Singh C. Deendayal Upadhyaya D. L. K Advani
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Among the personalities listed, Madan Mohan Malaviya has received India's highest civilian award, the Bharat Ratna. He was posthumously awarded the Bharat Ratna in 2014 for his contributions to Indian society as an educationist and freedom fighter. Malaviya is best known for his role in founding BanRead more
Among the personalities listed, Madan Mohan Malaviya has received India’s highest civilian award, the Bharat Ratna. He was posthumously awarded the Bharat Ratna in 2014 for his contributions to Indian society as an educationist and freedom fighter. Malaviya is best known for his role in founding Banaras Hindu University (BHU) and for his involvement in the Indian independence movement.
Manmohan Singh, the former Prime Minister of India, has not been awarded the Bharat Ratna, but he has received numerous other honors, including the Padma Vibhushan in 1987 for his contributions to Indian economics and politics.
Deendayal Upadhyaya and L. K. Advani are prominent figures in Indian politics. Upadhyaya, a key ideologue for the Bharatiya Janata Party (BJP) and the Rashtriya Swayamsevak Sangh (RSS), is celebrated for his philosophy of Integral Humanism. L. K. Advani, a senior leader of the BJP, played a significant role in shaping the party’s policies and direction. Neither Upadhyaya nor Advani have been awarded the Bharat Ratna, though both have made substantial contributions to Indian politics.
In summary, among the given personalities, only Madan Mohan Malaviya has received India’s highest civilian award, the Bharat Ratna
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What is article 368 related to?
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Article 368 of the Indian Constitution deals with the power and procedure of Parliament to amend the Constitution. This article empowers Parliament to amend the Constitution by adding, changing, or repealing any provision, thus ensuring its adaptability to changing needs and circumstances. The amendRead more
Article 368 of the Indian Constitution deals with the power and procedure of Parliament to amend the Constitution. This article empowers Parliament to amend the Constitution by adding, changing, or repealing any provision, thus ensuring its adaptability to changing needs and circumstances.
The amendment process involves a rigorous procedure to safeguard the Constitution’s integrity. A bill proposing an amendment can be introduced in either House of Parliament and must be passed by a majority of the total membership of each House and by a two-thirds majority of members present and voting. Some amendments also require ratification by at least half of the state legislatures.
Article 368 also delineates limits to the amending power. The Supreme Court of India, through landmark judgments like Kesavananda Bharati v. State of Kerala (1973), has held that the basic structure of the Constitution, including principles such as democracy, rule of law, and fundamental rights, cannot be altered.
Thus, Article 368 provides a balanced mechanism for constitutional evolution while protecting the fundamental framework of the Constitution. This ensures that while the Constitution remains dynamic and responsive, its core values and principles are preserved.
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INTRODUCTION Central Bank: financial organisation that has exclusive authority over the creation and disbursement of credit and money for an economy or group of economies and the function of formulating monetary policy. Eg.: Reserve Bank of India, Federal Reserve of USA etc. Commercial Bank: financiRead more
INTRODUCTION
Central Bank: financial organisation that has exclusive authority over the creation and disbursement of credit and money for an economy or group of economies and the function of formulating monetary policy. Eg.: Reserve Bank of India, Federal Reserve of USA etc.
Commercial Bank: financial organisation that handles all public deposit and withdrawal activities, as well as lending for investments and other similar purposes. Eg.: State Bank of India, HDFC Bank etc.
DIFFERENCE BETWEEN CENTRAL BANK AND COMMERCIAL BANKS
Issuing Currency
Monetary Policy
Regulation and supervision
Deposits, loans and transactions
Aim
CONCLUSION
Central bank and commercial banks form the basic structure of the banking system in the country.
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