PM Modi Launches Skill India Initiative That Aims to Train 40 Crore People

Prime Minister Narendra Modi launched ambitious projects that aims to train over 40 crore people in India in different skills by 2022.

The initiatives include National Skill Development Mission, National Policy for Skill Development and Entrepreneurship 2015, Pradhan Mantri Kaushal Vikas Yojana (PMKVY) scheme and the Skill Loan scheme.

Modi also unveiled the Skill India logo with the tagline ‐‐ 'Kaushal Bharat,Kushal Bharat' (Skilled India, Successful India).

Monetary Policy of India

Monetary policy is the process by which monetary authority of a country i.e. RBI controls the supply of money in the economy by its control over interest rates in order to maintain price stability and achieve high economic growth. In India, the central monetary authority is the Reserve Bank of India (RBI) is so designed as to maintain the price stability in the economy.

MEASURES OF MONETARY POLICY:

Quantitative measures to control amount of credit.
Qualitative measures to control the allocation to different sections of economy.

Government notified mandatory quoting of PAN for cash transactions over Rs 2 lakh

The central government has made it a must to quote the permanent account number (PAN) for all transactions above Rs.2 lakh in a bid to curb black money. This requirement will come into effect from January 2016 and will be applicable on all sale and purchase of goods and services and for all modes of payment.

The monetary limits for quoting PAN has raised to Rs. 10 lakh from Rs. 5 lakh for sale or purchase of immovable property,

Golden Globe Awards 2016

The Golden Globe Award is an American accolade bestowed by the 93 members of the Hollywood Foreign Press Association(HFPA) recognizing excellence in film and television, both domestic and
foreign. 

A Brief on How Increase in FED RATE can IMPACT India?

1) India's 7 per cent growth rate may seem modest, but it's enough to attract the interest of global investors, analysts say. Morgan Stanley retained its "overweight" position on India, saying the country scores the "best" in macroeconomic risk amongst all 27 emerging markets countries.

7th Pay Commission Report Submitted

7th Pay Commission Report Submitted

The 7th Pay Commission was, headed by Justice AK Mathur submitted its
report to Finance Minister Arun Jaitley .

Some of the key points recommended by the commission are:

Some Important GK for Railway Exam 2016

1. Who wrote the song "Saare jahan se acha" ?
Answer: Muhammad Iqbal

2. Who give music to the song "Saare jahan se acha" ?
Answer :Pandit Ravi Shankar

Happy Republic Day !!!!!

Indian Republic Day is an event that commemorates the date, 26 January 1950 on which the “Constitution of India” came to existence by replacing Government of India Act 1935. This day is very significant in Indian history as on this day India became republic from the ‘British Dominion’. Every year this day is celebrated with much enthusiasm throughout India. A massive parade is organized to showcase the growth of Indian from every aspect.