VISIONIAS

www.visionias.in

Classroom Study Material

-1
JUNE 2016 FEB 2017

NOTE: March 2017 to 15th May 2017 current affairs for PT 365 economy will be updated on our website
on third week of May 2017.

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1. ________________________________________________________________________ 6

1.1. __________________________________________________________________ 6
1.1.1. ________________________________________________________________ 6
1.1.2. ___________________________________________________ 6
1.1.3. (D-SIBs) _____________________________________________________ 7
1.1.4. __________________________________________________________________________ 7
1.1.5. __________________________________________________________________________ 7
1.1.6. _________________________________________________ 8
1.1.7. ______________________________________________ 9
1.1.8. ___________________________________________________ 10
1.1.9. SARFAESI DRT _______________________________________ 11

1.2. _____________________________________________________ 11

1.3. _________________________________________________________________ 12

1.4. ________________________________________________________________________ 12
1.4.1. RBI _________________________________________________________________________ 12

)
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1.4.2. __________________________________________________________________ 13

l.c
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1.4.3. - - ___________________________________________________________________ 14
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1.4.4.
____________________________________________________________ 14
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1.4.5. (FCNR) RBI _______ 15

s 01
as

1.4.6. ___________________________________________________ 15
y
(v
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1.5. ___________________________________________________________ 16
Sa
s

1.5.1. 500 1000 _________________________________________________ 16

ya
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1.5.2 ____________________________________________________________________ 17
fo
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1.5.3. QR _______________________________________________________________________ 17
is
al
on

1.5.4. ____________________________________________________________________________ 18
rs
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1.5.5. ( ) _____________________________________________________ 18
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1.5.6. ________________________________________________________________ 19
m
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1.5.7 __________________________________________________________________ 20
do

1.5.8. - ____________________________________________________________ 20
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1.6.

________________________________________________________________ 20
1.6.1. ___________________________________________ 20
1.6.2.
________________________________________________________________________ 20
1.6.3. ____________________________________________________________________ 21

1.7 ______________________________________________________________________________ 21

1.8. ______________________________________________________________________________ 21

1.9. __________________________________________________________________ 22
 1.10. ___________________________________________________________________________ 22

1.11. _______________________________________________________________________ 23

2. ____________________________________________________________________________ 24

2.1. _______________________________________________________________________ 24
2.1.1. ______________________________________________________________________ 24
2.1.2. ______________________________________________________ 24
2.1.3 - ______________________________________________ 24
2.1.4. _______________________________________________________________ 25

2.2. ____________________________________________________________ 25

2.3. 80,000 : ___________________________________________ 26

2.4. ______________________________________________________________ 26

2.5. _______________________________________________________________ 26

2.6. ___________________________________________________________________ 27

2.7. / _____________________________________________________________ 27

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2.8. ______________________________________________________________________ 28

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2.9. FRBM _________________________________________________________________________ 28
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3.1. __________________________________________________________________ 29
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3.2. ________________________________________________________________________ 29
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3.3. ______________________________________________________________________ 29
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3.4. _______________________________________________________________ 30
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3.5. ( ) , 2016 _____________________________________________________ 30

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3.6. () , 2016 ________________________________________________ 31

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3.7. - ______________________________________________________________________ 32
m
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3.8. ___________________________________________________________________________ 32
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3.9. (Project Saksham) _______________________________________________________ 32

3.10. ________________________________________________________________________ 33

3.11. _______________________________________________________ 34

3.12. PSUs : ______________________________________________________________ 34

3.13. 2016 ______________________________________________________ 35

4. _________________________________________________________________________________ 36

3 www.visionias.in Vision IAS

 4.1. _______________________________________________________________ 36

4.2. ( ) _______________________________________________ 36

4.3. __________________________________________________________ 37
4.3.1. ATM 100% FDI ________________________________________________________ 38

4.4. FIPB _______________________________________________________________ 38

4.5. ______________________________________________________________________ 39

4.6. __________________________________________________________________________ 39
4.6.1. __________________________________________________ 39
4.6.2. _______________________________________________________ 39
4.6.3. - _________________________________________________________________ 40

4.7 - (CBC MCAA) ________________________ 40

4.8. (ECGC) ____________________________________________________ 41

4.9. : _____________________________________________________ 41

4.10 ____________________________________________________________________ 41

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4.11. __________________________________________________________________ 42

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4.12 _______________________________________________________ 42
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4.13. ___________________________________________________________________ 43
06
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4.14 ____________________________________________________ 43
as
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(v

4.15. (JITSCIC)___________________________ 43
hu
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4.16. _____________________________________________________________________________ 43
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4.17 (SEZ) _________________________________________________________________ 44

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4.18 (DTAA) _____________________________________________________ 44

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5. _____________________________________________________________________ 45
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5.1. MSME __________________________________________________________ 45

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5.1.1. ( TREAD) _______________________________ 45

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5.1.2. __________________________________________________________________ 45
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5.2 - _____________________________________________________________________ 45
5.2.1 ____________________________________________________________________________ 45
5.2.2 ____________________________________________________________________________ 45
5.2.3 - ______________________________________________________ 45
5.2.4 - ____________________________________________________ 46
5.2.5. ________________________________________________________________ 46
5.2.6. _________________________________________________________________ 47

4 www.visionias.in Vision IAS

 5.3. _________________________________________________________________ 47
5.3.1. _________________________________________________________ 47
5.3.2. _________________________________________________________ 47
5.3.3. _________________________________________________________________________ 48
5.3.4. __________________________________________________________________ 48

5.4 _____________________________________________________________________ 48

5.5 (PMEGP) ____________________________________________________ 49

5.6 ________________________________________________________________________________ 49

5.7 ______________________________________________________________________ 49

6. ____________________________________________________________________ 50

6.1. (PMUY) __________________________________________________ 50

6.2. (APY) _________________________________________________________________ 50

6.3. ________________________________________________________ 50

6.4. ________________________________________________________________________ 51
6.4.1. 94.4% ____________________________________________________________ 51

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6.5.1. " " ______________________________________________________ 52

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6.5.2. PMAY- __________________________________________________________________ 53

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6.6. _______________________________________________________________ 53
Sa
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6.7.
____________________________________________________________ 53
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6.8.MSME ______________________________________________________ 54
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6.8.1. (IEDS) _______________________________________________________ 54

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6.8.2. / ______________________________________________________ 54
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6.8.3 - (ZED) ____________________________________________________ 54

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6.8.4. ________________________________________________________ 55
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6.9. ______________________________________________________________ 55
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5 www.visionias.in Vision IAS

1.
BANKING AND MONETARY POLICY

1.1.

(Commercial Banks and Bad Loans)

1.1.1.
(India Post's Payment Bank:IPPB)
?
IPPB 800

:
,

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,

( ) 1

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40%
01

s
as
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1.1.2.
hu
Sa

(Merger of SBI Associated Banks)

s
ya
rV

?
fo
ed

(SBBJ), (SBM), (SBT), (-)

is
al

(SBH), (SBP)
on
rs

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s
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m
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SBI , 22,500 58,000 37

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555 50
Th

, SBI 17 22
36 191 SBI 16,500

, ,

-III 21.5 28.25

6 www.visionias.in Vision IAS




SBI ,

III
III,
(accord)
2008
,
2013
III

1.1.3. (D-SIBS)

(Domestic Systemically Important Banks [D-SIBs])

?
SBI ICICI
(Domestic Systemically Important Banks: D-SIBs)

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SIBs Too
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Big To Fail (TBTF) ,
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SIBs :-
as

y
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SIBs;
hu

Sa

SIBs;
s
ya
rV

1.1.4.
fo
ed

(EXIM Bank)
is
al
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- ( ) 1982
rs
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,
s
ti
en

, ,
m
cu

(LoC)
do
is

(equipments)
Th

(deferred credit terms)

(subsidiaries or overseas acquisitions)

1.1.5.
(Small Finance Bank)
?
( ), (SFBs)

7 www.visionias.in Vision IAS

 6%
4%
(SFBs) ?
SFBs

(niche bank) (
) ,
SFBs (scaled down versions) ,

SFBs :
10 (resident individual)/;

SFBs 100
SFBs , ,
, ,

SFBs , ,

1.1.6.

)
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(Fixing PSU Banks)

l.c
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(Balance Sheet Syndrome with Indian Characteristics)
06
01

(contracting credit condition): ,

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I I
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(
)
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- ( )
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4 : , , (4 R:
en
m

Recognition, Recapitalization, Resolution and Reform)

cu
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Th

8 www.visionias.in Vision IAS


(Recapitalisation)
(restructured assets) (stressed assets)
,
:


,
:

PSU 2015
7 (appointments), (board of bureau),
(capitalisation), - (de-stressing), (empowerment)
(framework of accountability)

PSU
(capital raising plans)

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(bad bank) ,
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as
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(v

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s
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(Strategic debt restructuring scheme)

rV
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(Scheme for Sustainable Structuring of Stressed Assets-S4A)

ed
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(NIIF) SDR
al

on
rs

pe

NIIF ?
s
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m
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SEBI II (category II alternative investment fund)

do

is

Th

1.1.7.

(Scheme for Sustainable Structuring of Stressed Assets-S4A)

9 www.visionias.in Vision IAS

 NPAs ( ) :
- NPAs,
NPAs (- ) - / 90

(Restructured Loans) - / ,

(Written off Assets) - / I


5:25 : , 5 7
, 20-25
(Compromise Settlement)
(SDR)-
; 51
(CDR)

1.1.8.

)
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(Insolvency and Bankruptcy Board)

l.c
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(IBBI)
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IBBI 2016 () ,
s 01
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(information utilities)
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(v

hu
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, 2016 ( , 2016)
s
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- , SARFAESI ,
rV

fo

( )
ed
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al
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rs
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s
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180 90
en
m

cu
do

/ -
is
Th

(IBBI)
, ( )
(NCLT) (
) (DRT)
- (insolvency-resolution)

-

10 www.visionias.in Vision IAS

1.1.9. SARFAESI DRT

(Bill to Amend Sarfaesi and DRT Act)

?
:
SARFAESI , 2002
, 1993 (The Recovery of Debts due to Banks and
Financial Institutions Act, 1993)
( ), 1899;
, 1996

SARFAESI:

(ARCs) ,

:

SARFAESI

)
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30 (collateral security)

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ARCs ;
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o ARC
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as
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(v

o RBI ,
hu
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ARCs
s
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DRT
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, DRTs
ed
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al
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rs
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50% DRT
s
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ARCs
en

m
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ARC , NPA NPA

do

NPA , ARC I
is

Th

ARC (
)

1.2.

(Provident Fund Contribution Via Private Banks)

?
(SCBs)
(EPFO) (PF)

11 www.visionias.in Vision IAS

EPFO ?
, 1952
:


(Deposit linked
Insurance Scheme)
(Central Board of Trustees: CBT- )

1.3.

(Credit Enhancement Guarantee Fund)

?
2016-17
(IIFCL)




( ) 1500 40,000

)
om

l.c
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1.4.
tm
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(Reserve Bank of India)

06
01

1.4.1. RBI
s
as
y
(v

(Functions of RBI)
hu
Sa

?
s
ya

2016 (RBI)
rV
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RBI :
ed
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RBI , 1934 1935

on
rs

RBI :
pe

s
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: RBI
en
m

()
cu
do

: IMF ( )
is
Th

()

: RBI
: RBI CRR ,
( ) ( ) ( )
(Credit Control):

12 www.visionias.in Vision IAS

 RBI
( 5 )

, ,


( ) RBI

1.4.2.

(Inflation Targeting)
?
( -CPI) 2021 +/- 2 - 4%

?

)
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l.c
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RBI 2015
tm
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@
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RBI
s 01

WPI
as
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(v

hu
Sa

= 65%
s
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= 20%
rV
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= 15%
ed
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676 - ,
on
rs

/ CPI
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s
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I
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2004-05 I
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CPI
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Th

, CPI
I /
CPIs I
CPI ( )
CPI ( - )
CPI ( )
CPI ( )

13 www.visionias.in Vision IAS

 RBI, 2012 CSO CPI ()

CPI 448 460
PPI
(Producer Price Index)

I ,

PPI :
,

-

RBI 4% (2 %) CPI
2% 6%
2021
CPI ,

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RBI

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1.4.3. - -
06
s 01

(P2P Lending)
as
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(v

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, - -
s
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- 6 - ,
rV

fo

, , ,
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- - ?
on
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s
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- -
m
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/
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Faircent LenDen
is
Th

1.4.4.

(Proposed Payment Regulatory Board)

?
RBI ( )
I


(RBI
)

14 www.visionias.in Vision IAS



(Board for Regulation and
Supervision of Payment and Settlement System: BPSS)
BPSS
-




,
, 2007

1.4.5. (FCNR) RBI

(RBIs Steps on FCNR Get FSDC NOD)

2013 68.85
-
(FCNR, )

FCNR 34

)
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FCNR ?

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( )
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FCNR
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06
01

- ?
s
as

, - , , ,
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, ,
Sa
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(FSDC)
rV
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-
ed

is
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, , , PFRDA
rs
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, ,
s
ti
en

1.4.6.
m
cu
do

(Role of Market Stabilisation Scheme Bonds)

is
Th

?
(MSS) 30,000

MSS ?
MSS

2004 I

15 www.visionias.in Vision IAS

 -, (MSSA) I

1.5.

(Demonetization and Cashless Economy)

1.5.1. 500 1000

(Demonetisation of 500 and 1000 Rs Notes)

?
500 1000 () ( )
?
, ()
,

, :
2015 (Black Money and Imposition of Tax Act 2015) I
60%

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2016 (Income Deceleration Scheme) ,

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45%
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,
01

s
as

y
(v
hu

:
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1978 , 1000, 5000 10000

s

ya
rV

fo
ed

- () , 1978 {High Denomination Bank Note

is
al
on

(Demonetisation) Act, 1978}

rs
pe

1978 2016 1978 2016 ( -

s
ti

)
en
m
cu

26 (2)
do
is
Th

,



() ( )
/

16 www.visionias.in Vision IAS



17 ,

: I

: ,

: --
:
, ,

(GDP)

,
:
: ' :

:

)
( ):

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: ,
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- I
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1.5.2
rV
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(Swacch Dhan Abhiyan)

ed
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31 , 2016 -
on

rs
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s
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1.5.3. QR
is
Th

(Bharat QR Code)

QR (RBI) (NPCI), ,

// -
(UPI)

- QR QR

17 www.visionias.in Vision IAS

 QR ( ) - () - (machine-readable)
I I
360 ( ),
QR 7089 20

( )
()

1.5.4.

(Bhim App)
?
30 2016 ( )

.
?
UPI

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UPI IFSC ( ) MMI (

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tm
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)
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(QR) QR
01
s

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(v

, UPI
hu
Sa

s
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UPI
rV
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ed
is
al
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:
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(NEFT) (RTGS)
s
ti
en

, UPI I
m
cu

do
is

(PoS)
Th

1.5.5. ( )

(Vittiya Saksharata Abhiyan [Go Digital])

,

18 www.visionias.in Vision IAS

1.5.6.
(Unified Payment Interface)
?
'- '

UPI ?
UPI ID

- (NPCI)
, (Immediate Payment Service- IMPS)

NPCI
2008 I 25 -


RBI I

)
om
l.c
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tm
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s 01
as
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(v
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Sa
s
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rV
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ed
is
al
on
rs
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s

?
ti
en

,
m
cu
do

, IFSC , I
is
Th

?

,

19 www.visionias.in Vision IAS

1.5.7

(Amitabh Kant Committee)

1.5.8. -

(Promoting Digital Transactions)

?
-
(MEITY)

- MEITY

IT-

1.6.

)
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(Bond Market and SEBI Regulation)

l.c
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1.6.1.
tm
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(REITs, Offshore Fund Managers)

06
01

() (REIT)
s
as

,
y
(v
hu

(SPV) SPVs
Sa
s

ya
rV

, -
fo
ed

REITs,
,
is
al
on

REITs
rs
pe

,
s
ti
en

1.6.2.
m
cu
do

(Angel Investors)
is
Th

?
..
(SEBI) ( )
, 2012

- -




- /

20 www.visionias.in Vision IAS

 I

, 1992
,

1.6.3.

(Algorithmic Trading)
?
(SEBI) (algorithmic trading)

?
(step-by-step)
-

- :

(transaction cost)

)
om

l.c

ai
tm
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1.7
@
06

(Gold Bond)
s 01
as

?
y
(v
hu

2016-17 -IV
Sa
s

?
ya
rV

SGBs
fo
ed

()
is
al
on

I
rs
pe

s
ti
en

1.8.
m
cu
do

(Green Bonds)
is
Th

?
, 2015 42.2 2016 81

(NDB) ()
I
?
-

21 www.visionias.in Vision IAS


(debt instrument) /

( ) - ,

2007



(climate resilient
water management)

:-
( : GEF): GEF , ,
UNFCCC
2011 UNFCCC (operating entity)
( )

(Clean Development Mechanism) -

)
om

(Joint Implementation: JI)

l.c
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tm
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, ( : PAT) - (National
@
06

Mission on Enhanced Energy Efficiency: NMEEE) PAT

s 01
as

- (energy efficiency certificates)

y
(v
hu
Sa

1.9.
s
ya
rV

(International Stock Exchange)

fo
ed

GIFT ( )
is
al
on

(India INX) 2017

rs
pe

,
s
ti
en

4
m
cu

22
do
is

Th

(INX) ,

1.10.

(Masala Bonds)
?
(HDFC) 3000 2015

22 www.visionias.in Vision IAS

 ?
- ()

(IFC), - 1000

: -

1.11.

(Rose Valley Case)

?
(TMC) CBI
?

21%
18000

NBFCs , :

)
om

l.c

ai
tm
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@

NBFCs I
06
s 01

:
as
y

(v
hu

Sa

s
ya
rV

, 1982
fo
ed

,
is
al

on
rs

RBI - (NBFCs)
pe

s
ti

en

m
cu
do

- ( ) ,
is
Th

( )

/
,

- ()
,

, () , 1978

23 www.visionias.in Vision IAS

2.
(FISCAL POLICY)

2.1.

(Budgetary Reforms)

2.1.1.
(Railway Budget Scrapped)
?
92

1924

,
112
,
?

)
om
l.c
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, ,
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@

06
01

,
s
as

y
(v
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31
Sa
s
ya

2.1.2
rV
fo

(Advancement of Budget Date)

ed
is

?
al
on

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s
ti

en
m

I
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do

is
Th

()
2.1.3 -

(Merger of Plan and Non-Plan classification)

?
-

, -

24 www.visionias.in Vision IAS


-

-
-
:
/ -




2.1.4.

(Gender Responsive Budgeting)

?
(GRB) ( )
()

(ratified) (Sustainable

)
om
Development Goals: SDGs) 17

l.c
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2005 GRB
tm
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-, 16
06
01

:
s
as

( ) " " (women specific schemes) ,

y
(v
hu

100%
Sa
s

( ) " " (Pro women schemes) ,

ya

rV
fo

-- 30%
ed
is
al

2.2.
on
rs
pe

(Public Financial Management System - PFMS)

s
ti

?
en
m
cu

GST , PFMS
do
is

/
Th

PFMS ?
PFMS , , , ,



31 , 2016 PFMS

25 www.visionias.in Vision IAS

2.3. 80,000 :

(Centre Owes Rs. 80,000 Crore to States: CAG Report)

?
, 80,000

279 , ( )
, "
80 1996-97


10 80

2.4.

(Public Debt Management Cell: PDMC)

?
(PDMC)

PDMC :

)
om
I

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) ,
@

06
01

,
s
as

y
(v
hu
Sa
s
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?
rV
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(PDMA)
ed
is

al
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RBI
rs
pe

s
ti
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PDMC RBI 15
m
cu

() , PDMC PDMA
do
is

PDMA

Th

PDMA,

2.5.

(Regulation of Pension Products)

?

()

26 www.visionias.in Vision IAS

 , (IRDA)
,
(SEBI)
: /
,

(PFRDA)

PFRDA 2003

,

2.6.

(Financial Data Management Centre:FDMC)

?
FDMC

2016-17 , FSDC
FDMC
FDMC

)
om
(establish), (operate) (maintain ) ;

l.c
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tm
ho

FSDC
06
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as

2.7. /
y
(v
hu

(Equalisation Levy/ GoogleTax )

Sa

?
s
ya
rV

2017-18
fo
ed

I
is
al

-
on

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1 , 2017
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s
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() ?
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do

is
Th

OECD

OECD

6%
| ,

27 www.visionias.in Vision IAS

 ,

2.8.

(Shankar Acharya Committee)

1 (-)

2.9. FRBM

(FRBM Committee)
?
. . FRBM (Fiscal Responsibility and Budget Management Committee)
2017
, (expansionary fiscal consolidation)
3%

2016 FRBM , 2003 (Fiscal Responsibility and Budget Management

)
om
Act, 2003: FRBM Act)

l.c
ai
FRBM , 2003 (fiscal discipline)
tm
ho

@
06
01

, -
s
as

y
(v
hu
Sa
s
ya
rV
fo
ed
is
al
on
rs
pe
s
ti
en
m
cu
do
is
Th

28 www.visionias.in Vision IAS

3.
(TAXATION)

3.1.

(Banking Cash Transaction Tax)

?
BCTT ( )

BCTT (Banking Cash Transaction Tax)
BCTT , (HUF) -

-
0.1%
2005 , 2005 1 , 2009

- (unaccounted money)

)
2014 BCTT

om
l.c
ai
3.2.
tm
ho
(Rajasva Gyan Sangam)
@
06

?
s 01
as

(CBDT) (CBEC)
y
(v

hu
Sa

GST CBEC (CBIT)

s
ya

CBDT ( )
rV
fo

ed
is

, 1963
al
on

,
rs

pe

IT
s
ti
en

CBEC ( )
m
cu
do

, 1963 CBEC
is

Th

CBEC , ,
GST

3.3.

(Place of Effective Management-POEM)

?
(CBDT) (POEM)
-

29 www.visionias.in Vision IAS

POEM
- -



POEM - : - (anti-avoidance measure)

3.4.

(Advance Pricing Agreements)

?
(CBDT) , 2017 (APAs)

APAs ,
, CBDT APAs 130 APA 122
APA
APAs ?

)
om
APA, -

l.c
:

ai
APA - tm
ho
@

APA - ,
06
01

APA - ,
s

as
y
(v
hu

Sa

() (transfer price)
s

ya
rV

I
fo
ed

-

is
al

, (Arm's length)
on
rs
pe
s
ti

3.5. ( ) , 2016
en
m

(Taxation Laws [Amendment] Bill, 2016)

cu
do

?
is
Th

() , 2016 , ,1961
( ), 1975

, 1961
: , 1956

, 1961

30 www.visionias.in Vision IAS

 ,


: -1961,
30%
240

150
, 1975
: ,
10%
40%
' (PMGKY), 2016'
-
I
50% I 50% 30% , 10%
10% ()
RBI PMGKY, 2016 25%

)
om
, 85%

l.c
ai

tm
ho
(raid) 90%
@
06

2016
s 01
as
y

3.6. ( ) , 2016
(v
hu
Sa

(Benami Transactions [Prohibition] Amendment Act, 2016)

s
ya

?
rV
fo

() 1 , 2016
ed
is

, () (Prohibition of
al
on

Benami Property Transaction Act: PBPT Act)

rs
pe

s
ti
en

() , 1988 , ,
m
cu

do

is
Th

:

, PBPT 7




PBPT

31 www.visionias.in Vision IAS

 (PMLA), 2002

3.7. -

(Tax-GDP ratio)
?
-GDP
'-
-GDP ( ) ( )

, -GDP 5.4 16.6% -
GDP

3.8.

(Tax Terrorism)
?
'
(adversarial approach)

)
om
, IT PSU

l.c
ai

tm
ho

@
06

s 01
as

,
y
(v

hu
Sa

?
s
ya

:
rV
fo

(retrospective) : , -
ed
is

(Minimum Alternative Tax: MAT) -

al
on
rs

pe

( ) : GAAR ( )
s
ti
en

m
cu

:
do
is

(a) ,
Th

(b)
(refund payable)
,

3.9. (Project Saksham)

?
(CBEC) 2,256 - (IT)

32 www.visionias.in Vision IAS


CBEC IT -, - ,
CBEC (GSTN)

IT :
, CBEC -

SWIFT ,
-, - - (e-sign)

(GSTN)
2013 '-, ,
GSTN 24.5%

(EC) 24.5%
51% -
GST ,
IT

)
om
l.c
GST , GSTN

ai
GSTN tm
ho
@
06
01

s
as

( ) 1 , 2017 (GST)
y

(v
hu

'
Sa
s
ya

GSTN
rV
fo

'' CBEC - IT , (GSTN),

ed

-
is
al
on
rs

3.10.
pe
s

(Project Insight)
ti
en
m

?
cu
do

L&T
is
Th

?
,

-, , TDS/TCS ,

33 www.visionias.in Vision IAS

 , (GST)
, -
(IDS)


,

-FATCA IGA


(CMCPC)
,

FATCA IGA

(FATCA) (Inter Govermental Agreement:IGA)

2010
FATCA

)
om
l.c
(FFIs)

ai
tm

ho
@

I
06
01

GA , FFIs
s
as
y

I
(v
hu
Sa

3.11.
s
ya
rV

(Financial Sector Search and Recruitment Committee)

fo
ed

is
al

(RBI), ,
on
rs

pe
s

RBI -- . .
ti

en
m

|
cu
do

, , ,
is
Th

3.12. PSUs :

(PSU Reforms: Disinvestment Policy)

?
, PMO 22
PSUs 51

34 www.visionias.in Vision IAS

 PSUs PSUs

( )
(
: DIPAM)

PSE ( )

() (Divestiture)

1991

PSU

(NIF)

2005 PSUs I

NIF 75% , ,

I 25% PSUs

)
om
l.c
2009 2013

ai
tm
ho
NIF 100%
@
06
01

3.13. 2016
s
as
y
(v

(Model Shops and Establishment Bill 2016)

hu
Sa

?
s
ya
rV
fo

( ) 2016
ed
is

al
on
rs

,
pe
s
ti

en
m
cu

365
do
is

Th

, , ,

- IT (9 )
(48 )

35 www.visionias.in Vision IAS

4.
(EXTERNAL SECTOR)

4.1.

(Current Account Moves into Surplus)

?
9 , -
(CAD) ?
/ / /
CAD -
CAD

CAD



,

)
om
,

l.c

ai
tm
, ( )
ho

06
01

2007 -
s
as
y
(v

4.2. ( )
hu
Sa

(National Committee on Trade Facilitation)

s
ya
rV

fo
ed

2016 (WTO) (TFA)

is
al

on
rs

, TFA
pe
s
ti

, (National Committee of trade Facilitation:

en
m

NCTF)
cu
do

NCTF
is
Th

-
, , ,
, , , CII

(CBEC) , ,

:
: TFA

36 www.visionias.in Vision IAS

 : TFA TFA

:

2013 WTO TFA
()

WTO 162 -

4.3.

(FDI Policy Reforms)

?
(FDI) 2015

)
om
l.c
ai
tm
ho
@
06
s 01
as
y
(v
hu
Sa
s
ya
rV
fo

ed
is

: 100 FDI ( )
al
on

,
rs
pe

1959
s
ti
en

FDI
m
cu
do

49 FDI 49
is
Th

-- ( -- )
: ( ) 74% FDI
, ( ) 100% FDI
: 100% FDI
74 FDI ,
100% FDI
: 100% FDI FDI

37 www.visionias.in Vision IAS

 : 100% FDI
- ,
:
' ()

4.3.1. ATM 100% FDI

(100% FDI in White Labelled ATM)

ATM (WLA) 100% , :
WLA -
100 ,
18 NBFC , WLA
NBFC

ATM :
ATM-
ATM- - ,

)
ATM ATM ATM (Logo) ,

om
l.c

ai
tm
ho
ATM (WLA)- - ATM WLA
@
06

ATM, (Logo)
s01
as
y
(v

4.4. FIPB
hu
Sa

(FIPB to be abolished)
s
ya
rV

?
fo
ed

, 2017-18 2018 FIPB ( )

is
al
on

rs
pe

s
ti

(FDI) ,
en
m
cu

FIPB FDI
do
is

5,000
Th

FIPB (DEA) FIPB

, 90% FDI , FIPB

FDI ( FDI 8%) ,

FIPB FDI -

38 www.visionias.in Vision IAS

4.5.

(Bilateral Investment Treaty)

?
(BIT) 20
BITs

BIT
BIT

2015 BIT
2015
1994 2011 70 BITs , (investor friendly) ,
2011

(BIT)
83 BITs I
BIT
MFN I

)
om
- ,

l.c

ai
tm
BIT ho
@

06

I
s 01
as

, BIT
y
(v
hu
Sa
s

4.6.
ya
rV

(Arbitration Mechanism)
fo
ed
is

4.6.1.
al
on

(Indias First Commercial Arbitration Centre)

rs
pe

?
s
ti
en

(MCIA) 8 2016
m
cu

do
is
Th

4.6.2.
(Singapore International Arbitration Center)
?
2016 (SIAC)
- (GIFTCL) - (GIFT
SEZ)
: SIAC (SIMC)

39 www.visionias.in Vision IAS

 Arb-Med-Arb (Arbitration - Mediation - Arbitration)

Arb-Med-Arb
:
,

,

-
100
- I
, 9% ,
18.5%
- , ,
20
, , ,

4.6.3. -

)
om
(Antrix-Devas Case)

l.c
ai
tm
? ho
@

(PCA)
06
01

s
as

-
y
(v
hu

(ICC) 2015 4,400

Sa

s
ya
rV

fo
ed

2005 ,
is
al

on
rs

2011
pe
s

,
ti

en
m
cu

PCA
do
is

- I
Th

, I

4.7 - (CBC MCAA)

(Multilateral Competent Authority Agreement for Country-By Country Reporting)

CbC MCAA --
CbC MCAA -- -
(MNEs)

40 www.visionias.in Vision IAS

 2013 OECD 20 (BEPS) 13
-
, MNEs

57 I

4.8. (ECGC)

(Export Credit Guarantee Corporation)

ECGC
I

4.9. :

(PANAMA: Multilateral Tax Information Sharing Convention)

)
om
OECD
1988

l.c
I 2010

ai
tm
ho

@
06

s 01

( ) -
as

y
(v

hu
Sa

98 I G-20 , , OECD
s
ya
rV

,
fo
ed

4.10
is
al
on

(Market Economy Status)

rs
pe

(WTO) ' ' (MES)

s
ti
en

m
cu

MES
do
is

I
Th

- (NME) , (normal values)

I -

MES ' -
MES

41 www.visionias.in Vision IAS

 I


(Countervailing Duty)

I
( ) I



,

2018 I

,

4.11.

)
om
(External Commercial Borrowings)

l.c
ai
ECB
tm
ho
- ECB
@
06

s 01
as

RBI - ECB (fund raising) RBI -

y
(v
hu

3 ECB
Sa
s

RBI
ya
rV

( ) - I
fo
ed

ECBs (FATF) FATF-

is

al
on

I
rs
pe

, SECURITIZED INSTRUMENTS, , ,
s

ti
en

m
cu

ECB FDI I
do

is
Th

4.12

(Comprehensive Economic and Trade Agreement: CETA)

(EU) (CETA)
I
CETA, ( :FTA)
(i) , (ii) (iii)

42 www.visionias.in Vision IAS

4.13.

(Global Investment Agreement)

, , (WTO)

(ISDS)
I
(ISDS) ?
ISDS

4.14

(International Monetary and Financial Committee: IMFC)

IMFC IMF
()

,

)
om

l.c
ai
tm
IMFC , ,
ho

@
06

IMFC
s 01
as
y

4.15. ( JITSCIC)
(v
hu
Sa

(Joint International Taskforce on Shared Intelligence and Collaboration)

s
ya

(JITSCIC)
rV
fo

ed

JITSIC ( )
is
al
on

JITSIC 37
rs
pe

s
ti

en
m

cu
do

, ,
is
Th

OECD

4.16.

(P-Notes)

(SIT) - (P-Note)

, - (KYC)

43 www.visionias.in Vision IAS

/ (Offshore Derivatives Instruments) ?

/


()
/
- /
(Financial Intelligent Unit- India) : 2004

; , ,

4.17 (SEZ)

(Special Economic Zone)

- (SEZ ) "SEZ "

)
om
, SEZ SEZ I

l.c
ai
SEZ tm
ho
@
06

SEZ :
01
s

as

y
(v

hu
Sa

s
ya

rV

fo

ed
is
al
on

4.18 ( DTAA)
rs
pe

(Double Taxation Avoidance Agreement)

s
ti
en
m

DTAA -
cu
do

DTAA -
is
Th

, DTAA

- (automatic exchange of information)

44 www.visionias.in Vision IAS

5.
(EMPLOYMENT AND SKILL DEVELOPMENT)

5.1. MSME

(Women Employment Schemes in MSME)

,

5.1.1. ( TREAD)
(Trade Related Entrepreneurship Assistance and Development (TREAD) Scheme)
- - ,

NGOs 30%

5.1.2.
( Mahila Coir Yojana)

5.2 -

)
om
(Initiatives For START-UPS)

l.c
ai
5.2.1 tm
ho
@

(Launchpad)
06
01

-
s
as
y

, , , ,
(v
hu

Sa

-
s
ya
rV

,
fo
ed

5.2.2
is
al
on

(Aspire)
rs
pe

2015 MSME , (A Scheme

s
ti
en

for Promotion of Innovation, Rural Industry and Entrepreneurship: ASPIRE)

m
cu

,
do

is
Th

5.2.3 -
(Red Tape Snipped For START-UPS)
/ , ,

-
(DIPP) - -

45 www.visionias.in Vision IAS

 10,000 '
DIPP iSprit 20


,

25 I
- I
,
I

3
( )
(- )

)
om
80%

l.c
ai

tm
ho

06
01

5.2.4 -
s
as
y
(v

(FUND OF FUNDS FOR FUNDING FOR START-UPS)

hu
Sa

(DIPP) " " (FFS)

s
ya

rV
fo

FFS
10,000 ,
ed
is

14 15
al
on
rs

FFS
pe
s
ti

5.2.5.
en
m
cu

(Stand Up India Scheme)

do

is
Th

, - 7 10 100
SC/ST

10,000
(SIDBI) I
(NCGTC)

46 www.visionias.in Vision IAS

5.2.6.

(Pradhan Mantri YUVA Yojana)

?
(MSDE)
,
?
(2016-17 2020-21 ) 499.94 3050
7
, , ,

(MOOCs) 2200 (,
), 300 , 500 ITIs 50

5.3.

(Initiatives for Skill Development)

5.3.1.
(Pradhan Mantri Kaushal Vikas Yojana)

)
?

om
l.c
(PMKVY) (MSDE)

ai
tm
ho
(2016-2020) 12000
@
06

(PMKVY)
s 01

(industry
as
y
(v

relevant skill training)

hu
Sa

s
ya

(NSQF)
rV
fo

, (third party assessment bodies)

ed
is

8000
al
on

(Recognition of Prior Learning

rs
pe

:RPL)
s
ti
en

m
cu

, , :
do
is

Th

5.3.2.
(The National Apprenticeship Promotion Scheme)
?
(NAPS) 2019-20 50
10,000

47 www.visionias.in Vision IAS


(stipend payable) 25
50
(MSDE) (Director General of Training)

MSME :

,

5.3.3.
(Skill Banks)
?
50 ( )
110

, , , ,

)
om

l.c
ai
, ,
tm
ho

@
06

s01
as

5.3.4.
y
(v
hu

(Tejaswini Project)
Sa

(14 24 )
s

ya
rV

fo

- 2016
ed
is
al

(IDA) 63
on
rs

pe
s

17 6.8
ti
en

m
cu

3 , :
do

is
Th

,


-

5.4

(National Career Service: NCS)

2015 (MoLE)
( )

48 www.visionias.in Vision IAS

 , , , , ()

-
NCS , /
NCS 100
(MCCs)

5.5 ( PMEGP)

(Prime Ministers Employment Generation Programme)

(PMEGP)
(PMRY) (REGP) 2008-09
, (MSME)
-
, (first generation)

(KVIC) KVI
(DIC)
()

5.6

)
om
l.c
(SFURTI)

ai
tm
(SFURTI) 2005-06
ho
@

06

01
s
as

KVIC (VI)
y
(v

: () - , (major),
hu
Sa

(mini)
s
ya

(KVIC ) , 1956
rV

fo

,
ed
is
al

5.7
on
rs
pe

(Coir Udyami Yojana)

s
ti

( REMOT- ,
en

)
cu
do

10
is
Th

25%
/ (collateral/third party)
:
5%
55%
40%
, , , - , , 1860
, ,

49 www.visionias.in Vision IAS

6.
(INCLUSIVE GROWTH AND DEVELOPMENT)

6.1. (PMUY)

(Performance of Pradhan Mantri Ujjawala Yojana)

?
PMUY 2015-16 8 1.5 LPG
PMUY , LPG 61% ( 2016) 70% ( 2016)
PMUY ?

3 (2016-19) 5

PMUY -
LPG

6.2. (APY)

(Atal Pension Yojana [APY])

)
om
?

l.c
ai
APY
tm
ho
@

6.07% 11.7%
06
01

APY ?
s
as
y

2015
(v
hu

APY , 31 2016
Sa

s
ya

50% ( 1000 ) -
rV
fo

ed

APY
is

al
on

APY -
rs
pe

s
ti
en

6.3.
m
cu
do

(Incentives Offered for Textile Sector)

is
Th

?
( )
6,000
?


: 15,000
12%

50 www.visionias.in Vision IAS

 : 6000
5500 5%


500
15 % 25 %

(Revised Restructured Technology
Upgradation Fund Scheme: RR-TUFS)
:

( )
(looms)

, :
(Apparel), (Garment) (Technical Textile),
15

om
l.c
- - 10%

ai
tm
ho
@

6.4.
06
01

(Financial Inclusion)
s
as
y

6.4.1. 94.4%
(v
hu
Sa

(94.4% Households Have Bank Accounts)

s
ya

?
rV
fo

- 2015-16 94.4
ed
is

al
on

2011 2011 58.7

rs
pe

s
ti

en
m

93.4 96.8
cu

do

-
is
Th

6.4.2. 2016
(Global Microscope Report 2016)
?
2016
55 12

51 www.visionias.in Vision IAS



2014 100

2016 221 (22.1 )
2007
2009 (MIF);
, (Accion);

6.5. " "

(Housing for All)

6.5.1. " "

(Housing for All in Rural Areas)

?
" "
2022

)
om
" "

l.c
ai
() - PMAY-G
tm
ho

@
06

,
s 01
as

2019
y
(v

hu

Sa

s
ya

rV
fo

70,000
ed
is

- , 2011
al
on

rs
pe

2019 5 (Masons)
s
ti
en

(typologies),
m
cu
do

200
is
Th

, , LPG,

-
IT/DBT

33
2017 2 , 3

52 www.visionias.in Vision IAS

6.5.2. PMAY-

(PMAY-URBAN COMPONENT)
?


PMAY 2015-2022 /
(ULBs) :
-



/



9 4% 12 3%
2022 EWS (economically weaker sections)
70,000 1.5

)
om
6.6.

l.c
ai
(National Food Security Act)
tm
ho
?
@
06

01
s

y as
(v

81.34 2 3
hu
Sa

s
ya

rV

2013
fo

ed

is
al
on

1, 2 3
rs
pe

s
ti

(PDS)
en
m
cu

PDS : AAY ( , 2000 )

do
is

(priority households)
Th

AAY 35 , (BPL )

6.7.

(India Responsible Business Index)

2015 ,

, , -

53 www.visionias.in Vision IAS

 , ,

BSE 100 , :





2016

6.8.MSME

(Initiatives in MSME sector)

6.8.1. (IEDS)

(Indian Enterprise Development Service [IEDS])

, (MSME) IEDS

)
om
IEDS

l.c
ai
6 617 tm
ho
@

11
06

s 01

72
as
y
(v

72 30 MSME 28
hu

Sa
s

6.8.2. /
ya
rV
fo

(National SC/ST Hub)

ed
is

/ /
al
on

rs
pe

, / , , ,
s
ti
en

m
cu

(Central Public Sector Enterprises: CPSEs)

do

is
Th

2012

4 /

6.8.3 - (ZED)
(Zero Defect-Zero Effect Scheme)

ZED MSMEs

54 www.visionias.in Vision IAS

 ,
, ,
,

6.8.4.

(Trade Receivables Discounting System [TREDS])

?
(TReDS) ,
(MSMEs)

TReDS

MSMEs ()
TReDS (invoice)

)
om
6.9.

l.c
ai
(Household Assets and Indebtedness)
tm
ho
?
@
06
01

NSSO 2016 70 (credit

s
as
y

uptake)
(v
hu
Sa

2002-12 NSSO
s
ya

NSSO ( )
rV
fo

ed
is

-
al
on

1950
rs
pe

s
ti
en

m
cu

(AOD) 2003 7539 11,771 :

do
is

1.03 3.78
Th

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