Prelimsverse: Provisions of lending by the International monetary fund (IMF)
Standby Credit Facility, Stand-By Arrangement (SBA), Rapid Financing Instrument (RFI), Extended Fund Facility (EFF) and Rapid Credit Facility (RCF).
Prelimsverse: Indian Government withdraws retrospective tax law on “Indirect Transfers”
The Taxation Laws (Amendment) Bill, 2021 seeks to withdraw tax demands made using a 2012 retrospective legislation to tax the indirect transfer of Indian assets.
PYQ Content Mapping – Prelims Year 2022
Unique way of analysing the previous year questions of UPSC preliminary examination. The questions are classified thematically and explained.
Modern History Simplified: Turns and twists in the politics of Partition in 1940s – Mountbatten plan (June 1947)
Atlee’s Statement suggested that a deadline of June 30, 1948 was fixed for transfer of power even if the Indian politicians had not agreed by that time on the constitution.
Modern History Simplified: Turns and twists in the politics of Partition in 1940s – Cabinet Mission (1946)
It proposed a three-tier administrative structure for British India, with the Federal Union at the top tier, Groups of provinces as a middle tier and individual provinces at the bottom.
Modern History Simplified: Turns and twists in the politics of Partition in 1940s – Wavell plan (Shimla Conference) [1945]
The idea was to reconstruct the governor-general’s executive council pending the preparation of a new constitution.
Modern History Simplified: Turns and twists in the politics of Partition in 1940s – Quit India Movement “Spontaneous Movement”(1942)
The great significance was that the movement placed the demand for independence on the immediate agenda of the national movement. After Quit India, there could be no retreat.
Modern History Simplified: Turns and twists in the politics of Partition in 1940s – Cripps Mission (1942)
Cripps mission was a blue print for India’s partition and Gandhiji described it as a “a post-dated cheque” because of the offer of Dominion status.
Modern History Simplified: Turns and twists in the politics of Partition in 1940s –The Strategy of Individual Satyagraha
The reason for the launch was to show that nationalist patience was not due to weakness and the demand was freedom of speech against the war through an anti-war declaration.
Modern History Simplified: Turns and twists in the politics of Partition in 1940s – August Offer (August 1940)
Dominion Status, Expansion of the viceroy’s executive council and Setting up of a constituent assembly after the war were some major proposals.