India Facts 11

എട്ട് മുതലുള്ള പഞ്ചവത്സര പദ്ധതികൾ, നികുതികൾ, GST, ബാങ്കുകൾ എന്നിവയുമായി ബന്ധപ്പെട്ട ചോദ്യങ്ങളാണ് ഇന്നത്തെ പാഠത്തിൽ

• Which five year plan was known as Manmohan Model

                      Eighth (1992-97)

• Major aim of 8th five year plan

                      Human development

• New economic policies are introduced during which five year plan

                      Eighth (Narasimha Rao)

• Targeted growth rate of 8th five year plan

                      5.6% (Actual 6.8%)

• Which five year plan was started during the 50th Indian independence

                      Ninth (1997-2002)

• Main focus of the Ninth plan was

                      Growth with social justice and equlity

• Second nuclear experiment, Kudumbasree etc are during the period of

                      Ninth five year plan (Plan which targeted woman empowerment)

• Which five year plan was known as Popular plan

                      Ninth

• Targeted growth rate of 9th five year plan

                      6.5% (Actual 5.4%)

• Important goals of 10th five year plan (2002-2007)

                      8% GDP, Reduce poverty ratio by 5%, Provide gainful and high quality employment, reduce gender gaps in literacy and wage rates

• Targeted growth rate of 10th five year plan

                      8% (Actual 7.7%)

• Which five year plan was started with the focus of Inclusive growth

                      11th (2007-2012)

• Aadhar project, Aam Admi Bhima Yojana, Rashtriya Krishi Vikas Yojana, Rajiv Gandhi Grameen vaidyuthekaran yojana etc are started during the period of

                      11th five year plan

• Which five year plan give priority to environment and forest growth of 5%

                      11th

• Growth rate of 11th five year plan

                      7.9%

• Planned growth rate of 12th five year plan

                      8% (Initially that was 9%)

• Focus of 12th five year plan

                      Inclusive growth by shifting target pf government aid to rural areas

• Indian state having highest number of people under poverty line

                      Uttar Pradesh (Highest percentage is in Chattisgarh)

• Poverty line in India decided as

                      Having food with Calories 2400 in rural and 2100 in Urban areas

• Lakadawala commission, Sresh Tendulkkar Commission, C Rangarajan commission etc are related with

                      Poverty line in India

• The concept of GST was first introduced in parliament by

                      P Chidambaram (2005)

• GST bill passed by parliament in

                      2016 (3rd Aug by Rajya sabha, 8th Aug by Lok Sabha)

• GST mobile app launched by Kerala Government to check dealers authority on GST

                      Kerala GST

• GST Bhavan in Kerala is situated in

                      Thiruvananthapuram

• First state to approve GST bill

                      Assam (15 state approval required for implementation. Odisha was 16th state)

• First chairman of GST committee of state financial ministers

                      K M Mani (Dr Amit Mitra tale charge after Mani)

• Chairman of GST council

                      Union Finance minister (Arun Jaitly was the first chairman)

• Present additional secretary of GST council

                      Arun Goyal

• GST was inagurated by

                      Narendra Modi and Prana Mukharji at Parliament central hall

• Motto of GST

                      One nation, one tax, one market (Amithabh Bachan to promote GST)

• Indirect tax network of Central board of Excise and customs for GST

                      Project SAKSHAM (France was the first country to introduce GST)

• Article dealing with taxes

                      Article 265 (Egypt was the first country to impose taxses)

• Major source of income of central govt

                      Corporate\Corporation tax

• Service tax is levied by

                      Union (Collected by both Union and state)

• Major source of income of state govt

                      Sales tax

• Major taxes levied by local bodies

                      Entertainment tax, Employment tax, Building tax

• City having maximum tax payers in India

                      Kolkata

• Value added tax (VAT) come into force in India on

                      1st April 2005 (Haryana was the first state to introduce VAT- in 2003)

• Value added tax (VAT) firstly introduced in

                      France (In Asia, South Korea)

• VAT implemented throughout India on

                      2nd June 2014 (Income tax implemented on 1st April 1962)

• First Indian state to introduce fat tax

                      Kerala (First country was Denmark)

• First country to introduce Carbon tax

                      New Zealand (Tax imposed on carbon content fuels)

• First country to introduce Salt tax

                      China

• Country having highest tax rate

                      Belgium (In Asia, Japan)

• Raja Chellaiah, Kelkar committee are related with

                      Tax reforms

• Regulator of securities market in India

                      SEBI (Securities and Exchange board of India. Formed in 1988)

• SEBI head quarters is at 

                      Bandra-Kurla complex, Mumbai

• First stock exchange in India\Asia

                      Bombay Stock Exchange (First company registered was DS Prabhudas & Company)

• No of stock exchanges in India

                      23

• National stock exchange (NSE) is located in

                      Mumbai (Nifty is the index. Sensex for BSE)

• First stock exchange in Kerala

                      Cochin stock exchange (1978)

• First Indian company to be listed in NASDAQ (American stock exchange)

                      Infosys (Dow Jones is also US. FTSE is of UK)

• Rate at which banks borrow money from Reserve bank

                      Repo Rate (Reverse repo rate: Rate at which RBI borrows money from banks)

• Amount of fund that a bank has to keep with RBI

                      Cash Reserve Ratio-CRR (Statuatory Liquidity Ratio is the fund bank can maintain)

• First bank in India

                      Bank of Hindustan in 1770 (Bank of Venice was the first bank in the world 1157)

• Oldest and first indegenous bank in India

                      Allahabad Bank in 1865 (Punjab National Bank was first complete indegenous bank)

• First private bank in India

                      City Union Bank

• Headquarters of BRICS new development bank

                      Shanghai, China (KV Kamath was the first president of BRICS)

• Banking transaction done with the help of internet

                      Internet Banking

• Organization constituted to improve the administration of nationalized banks

                      Banks board bureau in 2016 (First chairman was Vinod Rai)

• ATM (Automated Teller Machine) was invented by

                      Donald C Wetcel

• First bank to introduce ATM in India

                      HSBC at Bombay in 1987 (World first floating ATM : SBI in Kochi-Vypin Jankar)

• World highest ATM is located in

                      Khunjerab pass, Pakistan (India's highest at Nathu La Pass in Sikkim bu Axis bank)

• First warship in India with ATM supported by Satellite

                      INS Vikramaditya (SBI)

• First milk ATM in India

                      Anand, Gujarat (First post office saving bank is at Chennai)

• First ATM in Kerala was by

                      British bank of Middle east, Thiruvananthapuram

• No of banks nationalized in 19th July 1969

                      14 (Which having deposits exceeds 50 Crs. Indira Gandhi was the finance minister)

• No of banks nationalized in 15th April 1980

                      6 (Which having deposits exceeds 200 Crs)

• No of nationalized bank in India

                      19 (Indira Gandhi was the PM)

• Central bank of India

                      Reserve Bank of India (Recommended by Hilton Young commission in 1926)

• Reserve bank of India established in

                      1st April 1935 (RBI Act passed in 1934)

• RBI capital moved to Mumbai in

                      1937 (Initially at Kolkata)

• No of banks nationalized in 19th July 1969

                      14 (Which having deposits exceeds 50 Crs)

• RBI Nationalized in

                      1st January 1949 (RBI : Banker's Bank)

• Banking regulation act passed in

                      1949 (Animal in the emblem of RBI, Tiger and Tree is Plam tree)

• Who is issuing currency notes above one rupee

                      RBI (RBI Governor signs over it. Finance secretary signed on One rupee note)

• Present Governor of RBI

                      Urjit Patel (24th. Longest serving governor : Benegal Rama Rao)

• The bank representing India in IMF

                      RBI (Website started to aware about fake note www.paisaboltahai.org)

• First Governor of RBI

                      Sir Osborne Smith (First India : CD Deshmukh)

• Only state which is not under the control of RBI

                      Jammu kashmir (HQ of RBI in Kerala is in Thiruvananthapuram)
                                                                                   (To be Continued...)