Career SSC

East India Company’s Advent The English East India Company was established on 31 December  1600  as per the Royal Charter issued by the Queen Elizabeth II. After defeating the Portuguese in the  Battle of Swally in 1612 , the East India Company gained a foothold in India. They were  allowed to start a trading post in Surat in 1613  by Emperor Jahangir whom they approached with an appeal to start a factory in Surat in 1608. Eventually, East India Company began to spread across the country. In  1651,  the East India Company established a factory in Bengal and slowly the  conflicts between Nawab of Bengal and the Company  increased and resulted in the  Battle of Plassey in 1757 .  The victory in the Battle of Plassey helped the Company gain power and authority and the Nawabs of Bengal had to obey them. After the victory in the  Battle of Buxar in   1764   between the Company and the combined forces of Mughal...

Key Highlights from Union Budget 2017 Agenda of this year’s budget is: “Transform, energise and clean India” i.e. “TEC-India” Allocation for infrastructure stands at a record ₹3,96,135 crore. Total government expenditure is ₹21.47 lakh crore. India is Growing International Monetary Fund estimates that the world GDP will grow by 3.1% in 2016 and 3.4% in 2017. The advanced economies are expected to increase their growth by 1.6%-1.9%. The emerging economies are expected to increase their growth by 4.1%-4.5%. IMF predicts India’s GDP will grow by 7.2% in 2017 and by 7.7% in 2018. World Bank projects India’s GDP growth rate as 7% in 2016-17, 7.6% in 2017-18 and 7.8% in 2017-19. Indian Economy in Numbers CPI inflation fell from 6% in July 2016 to 2.4% in December 2016. The Current Account Deficit has fallen to 0.3% of GDP from 1% In H1FY17. There has been a 36% increase in FDI flow. India’s foreign exchange reserves are at $361 billion as of January 201...

Predictions from Economic Survey 2017 Growth this fiscal (2016-17) to be 6.5%. The Statistics Department had earlier projected the growth rate for 2016-17 as 7.1%. Projected the economy to grow between 6.75% and 7.5% in 2017-18. International Monetary Fund (IMF) has projected rate of 6.6% in 2016-17 and 7.2% in 2017-18. GST and other structural reforms can take the trend growth rate to 8-10%. However, fiscal gains from GST will take time to realize. Farm sector to grow at 4.1% this fiscal, up from 1.2% last year. Industrial Sector growth rate to be 5.2% this fiscal, from 7.4% of last fiscal. Specifics from Economic Survey 2017 Inflation: Consumer Price Index (CPI)  a veraged 4.9% during April-December 2016 contributed substantially to the decline in CPI inflation which reached 3.4% at December end. Reversal of WPI inflation  from a trough of (-)5.1% in August 2015 to 3.4% by end of December 2016 on the back of rising international oil prices...

Parts of the Constitution and What They Deal with                 careerSSC PARTS SUBJECTS ARTICLES I The Union and its territory 1-4 II Citizenship 5-11 III Fundamental Rights 12-35 IV Directive Principles of State Policy 36-51 IV- A Fundamental Duties 51-A V THE UNION The Executive 52-78 Parliament 79-122 Legislative Powers of the President 123 The Union Judiciary 124-147 Comptroller and Auditor- General of India 148-151 VI THE STATES                General (Definition) 152 The Executive 153-167 The State Legislature 168-212 Legislative Powers of the Governor 213 The High Courts in the States 214-231 Subordinate Courts 233-237 VIII The Union Territories 239-241 IX The Panchayats 243 to 243-0 IX-A The Municipalities 243-P to 243-ZG IX-B The Co-Operative Societies 243-ZH to 243-ZT X The Scheduled and Tribal Areas 244 to 244-A XI RELATIONS BETWEEN TH...