BLOOD GROUP CALLED "UNIVERSAL DONOR " - O GROUP CIRCULATORY SYSTEMS POWER SUPPLY - HEART ORGAN REMOVES WASTES AND EXCESS WATER FROM THE BLOOD - KIDNEY STUDY OF TWINS - GEMELLOLOGY NATIONAL SCIENCE DAY - FEBRUARY 28 NUMBER OF BONES IN THE HUMAN BODY - 206 "BLOOD GROUP CALLED "UNIVERSAL RECIPIENT " - AB GROUP SIGNIFICANCE OF FEBRUARY 28 ( SCIENCE DAY) - DISCOVERY OF RAMAN EFFECT FIRST ANTIBIOTIC DRUG - PENCILLIN WORLDS BIGGEST WATER PLANT - AMAZON WATER LILLY ORGAN CONTROLS BODY TEMPERATURE - SKIN HARDEST SUBSTANCE IN THE HUMAN BODY - TOOTH ENAMEL DISEASE CAUSED BY THE BITE OF A MAD DOG - HYDROPHOBIA DEFICIENCY OF VITAMIN DLEADS TO - RICKETS A HUMAN HEART HAS HOW MANY CHAMBERS - FOUR THE BALANCING ORGAN OF OUR BODY - EAR WHAT IS CALLED SUICIDAL BAGS - LYSOSOME THE SMALLEST BONE IN THE HUMAN BODY - STAPES VITAMIN WHICH IS PRODUCED BY THE SUNLIGHT - VITAMIN D THE COLOURING PIGMENT OF BILE? - BILIRUBINE THE ENZYME WHICH DIGEST THE PROTEIN? - PEPSIN THE ENZYME WHICH DIGEST THE FAT ? - LIPASE THE ENZYME WHICH DIGEST THE STARCH? - AMYLASE WHICH WAS THE FIRST METAL MADE BY MAN? - COPPER WHICH IS KNOWN AS ANIMAL STARCH? - GLYCOGEN UNIT OF LOUDNESS OF SOUND? - DECIBEL UNIT OF ELECTRIC CURRENT? - AMPERE STEAM ENGINE? - JAMES WATT RADIO ACTIVITY ? - HENTRY BECQUEREL FIRST HEART TRANSPLANT OPERATON? - CHRISTAIN BARNARD THE FIRST INDIAN SATELLITE? - ARYBHATTA INDIAS FIRST NUCLEAR EXPLOSION? - POKHRAN NOBEL PRIZE IN CHEMISTRY AND PHYSICS? - MARIE CURIE CHARLS DARWIN BELONGS TO? - BRITAIN THEORY OF RELATIVITY - EINSTEIN QUANTUM THEORY - MAX PLANK X-RAYS - RONTGEN DNA DOUBLE HELIX MODEL - WATSON AND CRICK DEFICIENCY OF VITAMIN C LEADS TO - SCURVY PROLONGED BLEEDING DUE TO - DEFICIENCY OF VITAMIN K TO MEASURE ATMOSPHERIC PRESSURE - BAROMETER STUDY OF BIRDS - ORNITHOLOGY STAMP COLLECTION - PHILATELY STUDY OF COINS - NUMISMATICS SCIENCE OF OLD AGE - GERENTOLOGY ANTI TUBERCULOSIS VACCINE - BCG DRY ICE - SOLID CARBON DIOXIDE GREEN PIGMENT IN PLANT LEAF - CHLOROPHYL ALZHEIMER DAY OBSERVED IN - SEPTEMBER 21 ASTRONOMICAL MEASURE OF DISTANCE - LIGHT YEAR NATURE AND PROPERTIES OF LIGHT - OPTICS POMOLOGY IS THE STUDY OF - FRUITS
Objective general awareness for fothcomming exam 1.Who amongst the following is the author of the book 'Straight from the Heart '? (A) Kapil Dev (B) Nelson Mandela (C) Benazir Bhutto (D) Tami Hoag Ans : (D) 2. Which of the following earthquake waves pass through the core of the earth? (A) P (B) S (C) P and S (D) None of these Ans : (C) 3. Who has designed the National Flag of India? (A) Bankim Chandra Chatterjee (B) Ravidas (C) Mahatma Gandhi (D) Pingly Vekaiyya Ans : (D) 4. Under the reign of which emperor, Sir Thomas Roe visited India? (A) Shershah Suri (B) Akbar (C) Jahangir (D) Shahjahan Ans : (C) 5. Who was known as the Punjab Kesari ? (A) Subash Chandra Bose (B) Lala Lajpat Rai (C) Prakash Singh Badal (D) Bal Gangadhar Tilak Ans : (B) 6. Indifference Curve moves (A) From left to right and down-wards (B) From left to right and upwards (C) From left to right but parallel to Y-axis (D) Move upwards parallel to Y-axis Ans : (A) 7. The 2010 Mens Hockey World Cup will be held in : (A) India (B) Japan (C) Malaysia (D) Sweden Ans : (A) 8. Who said "Man is a social Animal" ? (A) Aristotle (B) Plato (C) Loski (D) Rousseau Ans : (A) 9. The American President is elected by (A) People (B) The Congress (C) Electrol College (D) Senate Ans : (C) 10. Census was introduced first time in India in time of (A) Lord Carnwallis (B) Lord William Bentic (C) Lord Rippon (D) Lord Clive Ans : (C) 11. The nucleus of a conjugal unit is the relation of (A) Husband and Wife (B) Parents and Children (C) Shivling (D) All of the above Ans : (B) 12. The major Rabi Crop in India is (A) Barley (B) Pulses (C) Wheat (D) Rapeseed Ans : (C) 13. Which of the following is an objective method of measuring personality? (A) Interview (B) Questionnaire (C) Observation (D) All of the above Ans : (B) 14. To clean ink spots from furniture one should use (A) Linseed oil (B) Eucalyptus oil (C) Oxalic acid (D) Spirit Ans : (C) 15. Members of International Court of Justice are elected for a period of (A) 8 years (B) 9 years (C) 5 years (D) 4 years Ans : (B) 16. Who is regarded the prime mover of the Bhakti Andolan ? (A) Shankaracharya (B) Ramanujacharya (C) Vallabhacharya (D) Madhavacharya Ans : (C) 17. Ghana Bird Sanctuary is situated in (A) Uttar Pradesh (B) Uttaranchal (C) Madhya Pradesh (D) Rajasthan Ans : (D) 18. Which language is spoken next to Hindi, in terms of number of people in India? (A) Bengali (B) Marathi (C) Tamil (D) Telugu Ans : (A) 19. Who wrote 'Panchatantra' ? (A) Bhavabhuti (B) Narayan Sharma (C) Vishnu Sharma (D) Sriharsha Ans : (C) 20. Which of the following is a grammatical treatise? (A) Ritu Samhat (B) Panchatantra (C) Uttarramcharita (D) Ashtadhyayi Ans : (D) 21. Which Schedule of the Constitution of India provides for the disqualification of a Legislator on grounds of defection ? (A) 12th Schedule (B) 10th Schedule (C) 11th Schedule (D) None of these Ans : (B) 22. 'Andha Yuga' is written by (A) Dharmaveer Bharati (B) Amrit Lal Nagar (C) Mohan Rakesh (D) Shayam Manohar Joshi Ans : (A) 23. 'Elia' was the pen name of (A) Charles Lamb (B) J. B. Priestly (C) A. G. Gardiner (D) Robert Lynd Ans : (A) 24. 'A thing of beauty is a joy forever' is written by (A) Keats (B) Shelley (C) Wordsworth (D) Byron Ans : (A) 25. Author of 'Gitanjali' is (A) Aurobindo (B) Tom Dutt (C) Rabindra Nath Tagore (D) Sarojini Naidu Ans : (C) 26. Which is the largest island of the World? (A) Greenland (B) Medagaskar (C) New Guienne (D) Great Britain Ans : (A) 27. The World Heritage Day is observed on (A) March 18 (B) April 20 (C) March 20 (D) April 18i Ans : (D) 28. The head of the State Bank of India is Designated as - (A) Executive Director (B) Governor (C) Deputy Governor (D) Chairman Ans : (D) 29. Which of the following gases does not form part of the atmosphere? (A) Nitorgen (B) Chlorine (C) Oxygen (D) Carbon dioxide Ans : (B) 30. The headquarters of the U.S. Department of Defence is located in (A) Marlborough House (B) The Pentagon (C) White House (D) None of these Ans : (B) 31. The Secretariat of the UN is headed by (A) Security Council (B) Secretary General (C) Chairman (D) President of General Assembly Ans : (B) 32. India's national calendar is based on (A) Saka era (B) Christian era (C) Buddhist era (D) Vedic era Ans : (A) 33. Who amongst the following won the "WTA Player of the year" Award ? (A) Serena Williams (B) Jelena Jankovic (C) Sania Mirza (D) Justin Henin Ans : (D) 34. The foreign trade policy announced in the year 2004 was announced for a period of - (A) Two Years (B) Five Years (C) Six Years (D) Four Years Ans : (B) 35. When was the capital of India shifted from Calcutta to Delhi? (A) 1906 (B) 1910 (C) 1911 (D) 1901 Ans : (C) 36. 'Economic Justice' as one of the objectives of the Indian Constitution has been provided in the (A) Preamble, Fundamental Rights and Directive Principles (B) Preamble and Directive Principles (C) Fundamental Rights and Directive Principles (D) None of these Ans : (A) 37. India earns maximum foreign exchange through the export of (A) Tea (B) Jute (C) Coffee (D) None of these Ans : (A) 38. Which article of the Indian Constitution recognises Hindi in Devanagari script as the official language of India? (A) Article 345 (B) Article 343 (C) Article 348 (D) None of these Ans : (B) 39. Name the periodical which Gandhiji published during his stay in South Africa (A) Indian Opinion (B) Young India (C) Afrikaner (D) None of these Ans : (A) 40. Which country is known as the 'Sugar Bowl' of the world? (A) India (B) Cuba (C) Brazil (D) U.S.A. Ans : (B) 41. Which of the following ports has a free trade zone? (A) Cochin (B) Mumbai (C) Mormugao (D) Kandla Ans : (D) 42. Which of the following museum is located at New Delhi? (A) Government Museum (B) Salar Jung Museum (C) National Museum of Natural History (D) Prince of Wales Museum Ans : (A) 43. The Reserve Bank of India was established in (A) 1935 (B) 1947 (C) 1952 (D) 1969 Ans : (A) 44. Lala Hardayal was an active member of which of the following parties? (A) Gadar Party (B) Anushilan Samiti (C) Kirti-Kisan Sabha (D) Hindustan Socialist Association Ans : (A) 45. Who amongst the following of Indian origin is nominated as the Governor of Louisiana an American State ? (A) Lakshmi Mittal (B) Bobby Jindal (C) Ratan Tata (D) V.S.Naipaul Ans : (B) Labels:BANK CLERK GENERAL KNOLEDGE,BANK PO GENERAL AWARENESS,Basic General Knowledge,objective general awareness for fothcomming exam0 comments Links to this post
Basic General Knowledge : Facts Of India Posted byallexamWednesday, July 30, 2008at2:59 AM Basic General Knowledge : Facts Of India 1.Red cross was founded by-J.H. Durant , Established in 1864 World red Cross day iscelebrated on May 8,The Birthday its founder J.H. Durant. 2.Sir Robert S.S Baden Powell is the founder of scouting 3.Who gave the call go back to Vedas-Dayanand 4.The construction of Qutab Minar was begun by Quatab-ud-din Aibak but it was complateed by lltutumish. 5.Who built the Sanchi Stupa- Agratala. 6.Who founded slave dynasty in 1206 A.D.- Quatab-ud-din Aibak. 7.The Capital of Tripura is Agratala. 8. The Capital of Mizoram is aizawl. 9. The Capital of Australia is Canberra. 10.Spring tides occurs on- Full moon day as well on new moon day. 11.Tides in the oceans are caused by-Attraction of the moon. 12.Buddhism place of worship is-Pongda. 13.Jews place of worship is-Synagogue. 14.Holish book of Jews-Talmud. 15.Malguddi days written by R.K. Naraynan 16.Das capital-Karl Marx 17.The father of Economics- Adam smith. 18.The Chipko Movement was associated with-preventing felling of trees. 19.Pashmina is a breed of -Sheep. 20.What is the meaning of Buddha An enlightened one. 21.Which is the holy book of Parsis- Jorah 22.Parliament of U.S.A is known as- Congress 23. Parliament of Afghanistan- Shoora 24. Parliament of Russia-Duma. 25. Parliament of Japan Diet. 26.SARS:-It Stands for Severe Acute Respiratory Syndrome. SARS is caused by viruses from the corona and paramyxo virus family. 27.New Governors of India:- -Kailashpati Mishara Gujrat -Ram Parkash Gupta Madhya Pradesh -O.P Verma -Punjab -V.S Kokje - Himachal Pradesh -Nirmal Chand - Rajasthan 28.LCA(Light Combat Aircraft)is named as Tejas 29. Lakshva is Pilot Less target Aircraft 30.Kalpna Chawla: She was an Indian born American Astronaut. She died with other six astronauts in the Columbia shuttle crash on feb.1,2003.She embarked on her second Voyage in the United State space shuttle Columbia on Jan 16,earlier.She was an Indian born American Astronaut.She died with other six astronauts in the Columbia shuttle Columbia on jan 16,earlier.She was one of the six astronaut crew that flew the Columbia Flight STS-87in nov.1997 Chawla who had her schooling in Karnal (Haryana)and college education in Punjab did her Masters in Aerospase Engineering from the university of Taxes in in 1984 and Doctorate from Colorado University two year later. An avid flier, she held certified flight instructors license with Airplane and Gladder ratings, commercial Pilot L icense for single and multi- engine land and seaplanes 31.Jan. 9,the day Mahatma Gandhi return from South Agrica in 1915-was chosen to celebrate the Pravasi Bharatiya Divas 32.The five day 90th session of the Lndian science congress conclude in Bangalore on Jan.7,2003.The focal theme of the congress was Vision for the global Space community. 33.Sriska and Ranthambore are the reserve for lion. 34.International Criminal court was launched formally in the mid march in the Hauge . The first eighteen judges took Oath in the grand ceremony. The court has been set up to handle genocide and the Worst case of war crime or mass atrocities against civilians when no national court is able or willing to do so. 35.Right to Education:-article 21A provides the free and compulsory education to all children of the age of six to fourteen. 36.Freedom of information bill:- The parliament approved the Freedom of information bill.Now it is statutory right of the citizen to access information from the Government. 37.Right to Education :- article21A provides the free and compulsory education to all children of the age of six to fourteen 38.Freedom of information bill:- The Parliament approved the freedom of information bill. Now it is statutory right of the citizen to access information from the Government. 39.Minister of state for defence is prof. Chaman lal gupta 40.Ajit singh is Agriculture Minister. 41. Sapan is not a member of G-8 group. 42. APSARA is the name of the Indias first Nuclear Reactor. 43.The world environment day is celebrated on june 5. 44.Jainism:-Founded by (Rishabha)Varhamana Mahavira. He was a great 24th Triathankras (Pathfinder).Or prophet of Jainism .Mahavir was a greast Kshtiya ,born at Kundagram (Vaishali) in bihar. He came to be known as Mahavir of jina. The conqueror of passing; his following are known as Janis. He passed away at age 72 in 462 B. C at Pavapuri, a place near modern Rajgir . Mahavira Teaching are known as the Tri Ratna or the three jewels of Jainisn,which lead to the attainment of salvation . They are (I) Right Knowledge and (II) Right Action .The Janis used and developed Prakrit,The language of the common people .Their religious literature was written in Ardhamagadhi. 45.Vasco da Gama landed in Calicut in 1498. 46.Ist Chinese traveler, Fahein came to India during the period of chandra Gupta-II(Vikramaditya) 47.2nd Chinese traveler Hieun Tsang came to India during the region of Harshvardhana 48.Who is the Napoleon of India Samundra Gupta for his military exploits. 49.Harshvardhana written three books-1.Priya Darshika 2.Rattanavali 3.Naga Nanda. The official poet of harshvardhana was bana bhatt .Bana bhatta composed harsha chirtra and kadambari 50.first battle of panipat in 1526 and founded the Mugahal dynasty in India 51.Second battle of Panipat was fought between Akbar and Ibrahim Lodhi at Panipat in 1556 Akbar Defeated Himu and became the ruled of Delhi and Agra 52 Third battle of Panipat fought between Ahmed Shah Abdali of Afghanistan and Marathas in 1761.In this third battle of Panipat Marathas were completely routed by Ahmed Shah Abdali. 53.Indian National Army was founded by Subash Chander Bose in 1943 in Singapore alongwith Rasbihari Bose. The main aim of Azad Hind Fauz was to liberation of India. 54.The Brahmo Samaj was established by Raja Ram Mohan Roy in 1828 whose leadership was later taken by Debendernath tagore and Keshub Chande Sen. 55.The Arya Samaj founded by Swami Dayananda Saraswati in 1875 attempted to reform the Hindu religion from its decadence. 56.The Ramakrishana Mission was founded by Swami Vevekananda in 1896 . 57.Annie besant:- Founded Theosophical society started home rule league in 1916. She was the first woman president of Indian National Congress.Indian National Congress Founded by A.O.Hume in 1885. However first President of Indian national congress was W.C. Banerjee. 58.Swadeshi movement was started in 1905. 59.Gadder party was founded by lala Hardayal singh in 1913 at Francisco. 60.Home rule league founded by Annie Besant and Bal Ganga Dhar Tilak in 1916. 1916.Rowlatt Act. Passed in 1919. 61.Non-Co-Operation movement started in 1920 by Gandhi ji. This movement ended in 1922 after Chauri Chaura incident. 62.Simons commission 1928 63.Civil Disobedience movement-1930 64. Do or die Mahatma Gandhi 65. Nightingale of India-Saorjini Naidu. 66. Father of Indian Unrest-Bal Ganga Dhar Tilak. 67. Architect of India- Pandit Nehru. 68. Man of Peace-Lal Bhadur Shastri. 69. Iron Man of India-Sardar. 70. jai hind subash chander bose 71. Grand old man of India Dada Bhai Naroji
Basic General Knowledge For All Exams 1.Dada Bhai Naoroji was the first Indian to became a member of the British Parliament 2.Govt.of India banned the student Islamic movement of India (SIMI)because it had linked with Osama Bin Ladens a1-Qaeda Group 3.The Salary of member of parliament and higher perks is ehanced from Rs.4000 to 12,000 per month and constituency allowance from Rs.8000 to 10,000 per month and daily allowance of Rs.400 to Rs. 500 for a period of five year 4.Competition bill to replace MRTPC (Monopolies and Restrictive Trade Practice Act.) 5.Supreme court ruled on August 2,2001 that a public servant convicted in corruption case should not hold office till he was cleared of the charges by a superior court 6.Number of amendments in constitution is 8 till now 7.The terrorist out fit that brought the WTC and destroyed part of Pantagon in Washington is A1- Queda.the network association with Osama Bin Laden 8. ISI-Inter Service Intelligence 9.Durent line boundary between India and Afghanistan 11.Mc Mohan Line:-boundary between India and china 12.Redcliff Line:- boundary between India and Pakistan 13.Palk Strait:- boundary between India and Sri Lanka 14.Prithvi:-Surface to surface missile.It has a range 250km 15.Agni:- Is Surface to surface missile.it has a range1500-2000km 16.Akash:- Is Surface to surface missile.it has a range of 25km 17 Nag: It is an anti tank missile having range of 4km 18.Bank rate is the rate at which the reserve Bank of India gives credit to commercial Banks 19.Amicus Curiae-Lawyer appointment by the court to represent a poor person.it means friend of court 20.C.R.R- Cash Reserve Ratio 21.Medico Legal case-Accidental Case 22.The most important influence of the moon on the earth is the effect on ocean tides 23.Ranthambore:- Ranthambore National park in Rajasthan(410 sq.km)was ones the private tiger reserve of the Maharaja of Jaipur 24.Ghana Bird Sanctuary-Bharatpur Rajasthan 25.Standerd Deduction in income tax-30,000/- 26.Maximum income not liable to tax-50,000/- 27.Americans Robinson Walton(Bill gates)is the richest person in the world 28.Bio terrorism:-It refer to the use of disease causing micro oganism as terroist weapons to cause devastating ipack on the people.for example.Anthrax 29.Public University founded in 1982 at Lahore.After partition in was re-established in India on 1st of October 1947.the University moved to Chandigarh in 1956,vice chancellor of Punjab university is K.N.Pathak 30.Kapil Dev has been chosen the wisdom Indian cricketer of the century. 31.Akshardham Temple is in Gandhi Nagar (Gujrat 35 people were killed by terrorist ) 32.Metro rail Delhi 24 Dec,2002(Shahdra to is Hagari 8.3km) 33.CAG- V.N.Kaul 34.Chairman of SBI-A.K.Purwar 35.Guru Nanak born in Talwandi now called Nankana Sahib in 1469 .He died in 1539.Guru was founder of Sikhism 36. Guru Angad Dev- introduced langer system 37. Guru Amar Das- social reformer and discarded sati pratha 38. Guru Ram Das- founded city of Amritsar 40. Guru Arjun Deb- Built GoldenTemple and compiled Aadi Granph or Guru Granth Sahib. Guru Arjun Deb compled Granth Sahib in 1604 with the of bhai Gurdas Bhalla ji. Guru Arjun Dev was executed by Jahangir on the advice of Chandu Singh. Guru Arjun Dev got the foundation of Harmandir Sahib laid down by a Muslim Faqir main mir. 41.Guru hargobind singh stared the system of Akal takht and miri,piri 42.Guru Har Rai 43.Guru Harkishan 44.Guru Teg Bahadur-Guru Teg Bahadur executed by Aurangzeb 45. Guru Gobind Singh Founder of Khalsa 13th April,1699,Baisakhi, Khalsa means military brotherhood Zafarnama :- This is Letter written by Guru Gobind Singh to Mughal Emperor Aurangzeb. This letter was written because Aurangzeb was committed many atrocities on people.Guru Gobind Singh asked Aurangzeb to give up the policy at Anandpur Sahib on the 1st Baisakh 13th April,1699 A..D 46.Dasam Granth was compiled by a devoted sikh mani singh after passing away Of Guru Gobind Singh . 47.Guru Ki kashi-Takhat Damdma Sahib. It is famous Gurudwara, Which is situated at Talwandi Sabo. It is called Guru Ki Kashi 48.Guru Ki Wadali it is Birth place of Guru Hargobind Ji . it is famous Gurudwara of Punjab 49.Banda Bahadur- Was born on 27th October, 1670. His real name was Lachaman Das. Once, during hunting an arrow of Banda Bahadur stuck a pregnant she deer; Banda Bahadur was greatly pained to see the tragic death of the deer and its two kids. He renounced the world and become a Bairagi. Banda Bahadur adopted the name Madho Das after becoming a Bairagi. Madho Das (Banda Bahadur) met Guru Sahib. He said I am your Banda (Servant). Thus Madho Das become Banda. Guru Gobind Sahib called him Banda the brave. Thus acquired the name Banda Bahadur 50. Sharomani Gurdawara Prabandhak Committee was established on 15th Nov. 1990, at Akal Takhat Amritsar. 51.Aklis launched a non-movement in 1921 with the aim of Librating Sikh Guru Gurudwara from Mahants. 52. Article 1 of the constitution of India declares India as a - Union Of State General Science : The study of bones is called ostelogy Total no of bones 206 Smallest bone-Stapes(ear boe) Longest bone-Femus(Thigh bone) Strongest bone-Tibia(leg bone) Total no of muscles-639 Largest grand-liver Longest gland-thyroid Longest nerve-Sciatic Hardest bone-Tooth enamal Tolal amount of blood in the body is (1/15 of body weight) Normal body Temperature-98.6F(37C) Literature:- 53.Creator of Bachittar Natak- Guru Gobind Singh 54.Creator of Jab Sahibh- Guru Gobind Singh 55.Creator of Anand Sahib- Guru Amar Das ji 56.Creator of Sukhmani Sahib Guru Arjan Dev ji 57. Compiler of Guru Granth Sahib Guru Arjan Dev ji 58.Writer of Adhi Granth at the time of its compilation of Bahi Gurdas Bhalla ji 59.Creator of Bani written in Dasam Granth-Guru Gobind singh ji 60.Most famous writer of Qisa Puran Bhagat Fazal Shah. Maharaja Ranjit Singh and his Administration:- 61.Date of Birth of Maharaja Ranjit Singh-Nov.2,1780. 62.Name of the parents of Maharaja Ranjit Singh- Father name:-Maha singh ,Mother name :-Raj Kaur 63.Time of treaty of Amritsar between Maharaja Ranjit Singh and British 25th April,1809 64.Name of the Foreign minister of Maharaja Ranjit Singh-Faqir Azizudeen 65.Head of Finance minister at the the time of Maharaja Ranjit Singh- Deewan Kaura Mal 66.Most famous prime minister of Maharaja Ranjit Singh- Dhian Singh Dogra 67.Meaning of Kankut system started by Maharaja Ranjit Singh- Tax on standing crop in the field 68.Nazim Adalat at the time of Maharaja Ranjit Singh state level- Court 69.Capital city of maharaja Ranjit Singh- Lahore 70.First war between Sikh and British 1845 A.D. 71.Second Anglo Sikh War-1848-1849 A.D. 72. Ranjit Singh (Thein) Dam has been constructed on the river- Ravi 73.Which Dam is built on Beas near Talwara- Pong Dam. 74. Dam built on the river Satluj- Bhakrha Dam 75.The Dusi dam has been constructed on the river Beas 76.The old name of the Amritser Ramdas nagar 77.Which Guru got constructor Akal Takhat GuruHargobind Sahib 78The real Granth Sahib has been placed at Kartarpur 79.Guru Nanak Dav Ji was enlightenment at- Sultan Pur 80.Which Guru built Buraj Baba Atal- Guru Hargobind Sahib 81. The old name Punjab- Sapat Sindhu 82.The Gurudwara situated at present where foundation of Khalsa Panth was laid Gurudwara Kesgarh Sahib. 83.The other name of Harmandir Sahib is-Darbar Sahib. 84.The Guru;who founded Anandpur Sahib was Guru Teg Bahadur 85.Bhagat Singh was hanged on-23rd March, 1931 86.Number of district in Punjab-17, Lok Sabha seats-13 87. Highest Gallantry Award-Param Vir Chakra 88.NOBLE PRIZES;-The Honors of Wining the Noble Prizes go to the Following 7 Indians (i)Rabinder Nath Tagore win the noble prizes from literature in 1913. (ii)C.V. Raman win the noble prizes from physics in 1930. (iii)Hargobind Khurana win the noble prizes from medicine in 1968. (iv)Mother Teresa win the noble price from peace in 1979. (vi) S. chandrashekher win the noble prize from physics in 1986. (vii) Prof. Amaritya Sen win the noble prizes from Economics in 1998. (viii) V.S.Naipal win the noble prizes from Literature in 2001. 90.Highest Gallantry Award- ParamVir Chakra 91.Highest Civilian Award- Bharat Ratana 92.First Olympic Game held at Athens in 1896 93.First Deputy Prime Minister of India-Sardar Patel 94.2nd deputy Prime Minister of India-Morarzi Desai 95. 3hd Deputy Prime Minister of India Choudhari Charan Singh 96. 5th Deputy Prime Minister of India Y.V.Chauan. 97.6th Deputy Prime Minister of India Dev Lal 98. 7th Deputy Prime Minister of India- Lal Krishan Advani 99. AIDS:Acquired Immune Deficiency Syndrome 100.HIV: Human Immunodeficiency Virus 101.AIDS:Is caused by Virus Aids is due to Human Immunodeficiency Virus 102.Classical Dance of India:- -Manipur of Manipur -Oddisi of Orissa -Katha-Kali of Kerala -Kuchi-Pudi of Andhra Pradesh -Bharat Natyam of Tamil Nadu -Kathak of Utter Pradesh -Bihu of Assam 103.Legal Service Clinic:-A Legal Service Clinic open 24 hours on all days, has been established in Ahemdabad to provide free service of retired high court judge and reputed lawyear. 105.The State of Haryana-:Came into begin on , Nov.1,1966 as result of the re- organizations of the old Punjab state into two separate seats.It consist of the Hind speaking area of Punjab,secong language status has been given to Punjab(1996) 106.Book and Author:- -Life Diving -Ain-I-Akbari -Aourbinbo Ghosh -Panchtantra -Abdul Fazal -Mahabharta -Vishnu Sharma -India wins Freedom -Ved Vyas -Discovery of India -Maulana Abdul Kalam -My Experiment with Truth -Gandhi -Madhushala -Harivansh Rai Bachan -Prisoners Scorapbook -L.K.Advani 107.Sports:- -Agha Khan Cup -Hockey -Durant Cup -Football(India) -Duleep/renjit Trophyre -Cricket -Santosh Trophy -National Football -Thomas Cup -World Bedminton(Men) -Davis Cup -Lawn Tennis 108.Buddhism:Buddhism was founded by Gautam Buddha. His Original name was Gautam Siddhartha , A Kashatriya, Boran in 563 B.C at Lumbini in Nepal . He attended enlightenment at Bodhgaya under papal tree.Budha died at the age of 80 years in 483 B.C at Kushinagar (District Utter Pradesh).He gave 8 fold paths to control the desire.1st sermon was delivered by him at Srnarth at Banaras .The Language used by Buddhist people was pali Summary of Economic Survey Survey Pegs GDP Growth At 6.9% in 2011-12 Outlook Brighter for Next Fiscals
Indian economy is estimated to grow by 6.9% in 2011-12 mainly due to weakening industrial growth. This indicates a slowdown compared not just to the previous two years, when the economy grew by 8.4%, but also from 2003 to 2011, except 2008-9 economic downturn, when the growth rate was 6.7 percent. The Economic Survey 2011-12, presented by the Finance Minister, Sh Pranab Mukherjee in the Lok Sabha, however predicts 7.6% GDP growth in 2012-13 and 8.6% in 2013-14. With agriculture and services continuing to perform well, the slowdown can be attributed almost entirely to weakening industrial growth. The services sector continues to be a star performer as its share in GDP has climbed from 58% in 2010-11 to 59% in 2011-12 with a growth rate of 9.4%. Similarly, agriculture and allied sectors are estimated to achieve a growth rate of 2.5% in 2011-12 with foodgrains production likely to cross 250.42 million tonnes owing to increase in the production of rice in some States. The industrial sector has performed poorly, retreating to a 27% share of the GDP. Overall growth during April-December 2011 reached 3.6% compared to 8.3% in the corresponding period of the previous year.
The Survey points out that inflation as measured by the wholesale price index (WPI) was high during most of the current fiscal year, though by year end there has been a clear slowdown in price rise. Food inflation, in particular, has come down significantly, with most of the remaining WPI inflation being driven by non-food manufacturing products. Monetary policy was tightened by the Reserve Bank of India (RBI) to control inflation and curb inflationary expectations. The growth rate of investment in the economy is estimated to have registered a significant decline during the current year. The year witnessed a sharp increase in interest rates that resulted in higher costs of borrowings; and other rising costs affecting profitability and, thereby, internal accruals that could be used to finance investment.
But despite the low growth figure of 6.9%, India remains one of the fastest growing economies of the world as all major countries including the fast growing emerging economies are seeing a significant slowdown. The global economic environment which was tenuous at best throughout the year, turned sharply adverse in September, 2011, owing to the turmoil in the euro-zone countries and questions about others, reflected in sharp ratings downgrades of sovereign debt in most major advanced countries. While a large part of the reason for the slowing of the Indian economy can be attributed to global factors, domestic factors also played role. Among these are the tightening of monetary policy owing to high and persistent headline inflation and slowing investment and industrial activity. However, for the Indian economy, the outlook for growth and price stability at this juncture looks more promising. There are signs from some high frequency indicators that the weakness in economic activity has bottomed out and a gradual upswing is imminent. The Economic Survey expects the growth rate of real GDP to pick up to 7.6% in 2012-13 and faster beyond that. The main reason for a gradual recovery is the decline in overall investment rate. Gross capital formation during the third quarter of 2011-12 as a ratio of GDP was at 30%, down from 32% one year ago. As fiscal consolidation gets back to track, savings and capital formation should begin to rise; moreover, with the easing of inflationary pressures in the months to come, there could be a reduction in policy rates by RBI, which should encourage investment activity and have a positive impact on growth. Preliminary calculations suggest that the growth rate of GDP in 2013-14 will be 8.6%. These projections are based on assumptions regarding factors like normal monsoons, reasonably stable international prices, particularly oil prices, and global growth somewhere between where it now stands and 0.5% higher .The Global economy remains quite fragile and concerted efforts will be needed through G-20 and other forums to restore stability and renewed growth, including addressing the sovereign debt crisis, financial regulation, growth and job creation efforts and energy security.
The Economic Survey suggests that the progressive deregulation of interest rates on savings accounts will help raise financial savings and improve transmission of monetary policy. Other key areas include the deepening of domestic financial markets, especially corporate bond market and attracting longer-term inflows from abroad. Efforts at attracting dedicated infrastructure funds have begun. Indias foreign trade performance will remain a key driver of growth. During the first half of 2011-12, Indias export growth was a high 40.5%, but has been decelerating since. Imports have growth rapidly, by 30.4% during 2011-12 (April- December). Similarly, countrys Balance of Payments has widened to $ 32.8 billion in the first half of 2011-12, compared to $29.6 billion during the corresponding period of 2010-11. The foreign exchange reserves increased from US $ 279 billion at end March 2010 to US $ 305 billion at end March 2011. Reserves varied from an all-time peak of US$ 322.2 billion at end August, 2011 and a low of US $ 292.8 billion at end-January, 2012.
The Survey recognizes that sustainable development and climate change are becoming central areas of global concern and India too is equally concerned and engaged constructively in global negotiations. Climate change challenges ahead are large and India is doing more than its fair share in reducing its energy-intensity of growth. India is now much more closely integrated with the world economy as its share of trade to GDP of goods and services has tripled between 1990-2010. At the same time, the extent of financial integration, measured by flows of capital as a share of GDP, has also increased dramatically and the role of India in the world economy has commensurately expanded, along with the other major members of emerging markets.
DSM-RM-SNC-DT (Release ID :80972)
The Union Budget 2012-13 presented by the Finance Minister Pranab Mukherjee in Lok Sabha today identified five objectives to be addressed effectively in the ensuing fiscal year. They include focus on domestic demand driven growth recovery; create conditions for rapid revival of high growth in private investment; address supply bottlenecks in agriculture, energy and transport sectors particularly in coal, power, national highways, railways and civil aviation; intervene decisively to address the problem of malnutrition especially in the 200 high-burden districts and expedite coordinated implementation of decisions being taken to improve delivery systems , governance, and transparency; and address the problem of black money and corruption in public life. Mukherjee said that India's GDP growth in 2012-13 is expected to be 7.6 per cent +/- 0.25 per cent. He said that in 2011-12, India's GDP is estimated to grow at 6.9 per cent after having grown at the rate of 8.4 per cent in each of the two preceding years He said though the global crisis had affected India, it still remains among the front runners in economic growth. Mukherjee said the slowdown is primarily due to deceleration in industrial growth. Stating that the headline inflation remained high for most part of the year, the Finance Minister expressed hope that it will moderate further in the next few months and remain stable thereafter. FM laid emphasis on striking a balance between fiscal consolidation and strengthening macroeconomic fundamentals. He announced introduction of amendments to the Fiscal Responsibility and Budget Management Act, 2003 (FRBM Act) as part of the Finance Bill 2012. He said that concept of "Effective Revenue Deficit" and "Medium Term Expenditure Framework" statement are two important features of Amendment to FRBM Act in the direction of expenditure reforms. This statement shall set forth a three year rolling targets for expenditure indicatoRs The Finance Minister called for a need to have a close look at the growth of revenue expenditure, particularly, on subsidies. He announced that from 2012-13 while subsidies related to food and for administering the Food Security Act will be fully provided for, all other subsidies would be funded to the extent that they can be borne by the economy without any adverse implications. He said that the Government will endeavor to restrict the expenditure on central subsidies under 2 per cent of GDP in 2012-13and over the next three years, it would be further brought down to 1.75 per cent of GDP. Finance Minister said that based on recommendations of the Task Force headed by Nandan Nilekani, a mobile-based Fertilizer Management System has been designed to provide end-to-end information on movement of fertilizers and subsidies which will be rolled out nation-wide during 2012. He said that transfer of subsidy to the retailer and eventually to the farmers will be implemented in subsequent phases which will benefit 12 crore farmer families. On the tax reforms, the Finance Minister said that the Direct Taxes Code (DTC) Bill will be enacted at the earliest after expeditious examination of the report of the Parliamentary Standing Committee. He said drafting of model legislation for Centre and State Goods and Services Tax (GST) in concert with States is under progress. He added that the GST network will be set up as a National Information Utility and will become operational by August 2012. On the disinvestment policy, Mukherjee said that the Central Public Sector Enterprises (CPSEs) are being given a level playing field vis--vis private sector with regard to practices like buy-backs and listing at stock exchange. Stating that while in 2011-12, the Government will raise about Rs 14,000crore from disinvestment as against a target of Rs 40,000 crore, the Finance Minister proposed to raise Rs 30,000 crore through disinvestment in 2012-13. He said at least 51 per cent ownership and management of CPSEs will remain with the government. Calling for strengthening investment environment, Mukherjee said that efforts are on to arrive at a broad-based consensus in respect of decision to allow FDI in multi-brand retail up to 51 per cent. He proposed to introduce a new scheme called Rajiv Gandhi Equity Savings Scheme to allow for income tax deduction of 50 per cent to new retail investors who invest up to Rs 50,000 directly in equities and whose annual income is below Rs 10 lakh. The scheme will have a lock-in period of 3 years Regarding capital markets, the Finance Minister proposed to allow Qualified Foreign Investors (QFIs) to access Indian Corporate Bond market. He also proposed simplifying the process of Initial Public Offer (IPO). Pranab Mukherjee said that the government is committed to protect the financial health of Public Sector Banks and Financial Institutions. He proposed to provide Rs 15,888 crore for capitalization of Public Sector Banks, Regional Rural Banks and other financial institutions including NABARD. He added that a Central Know Your Customer (KYC) depositary will be developed in 2012-13 to avoid multiplicity of registration and data upkeep. The Finance Minister informed that out of 73,000 identified habitations that were to be covered under "Swabhimaan" campaign for providing banking facilities by March 2012, about 70,000 habitations have been covered while the rest are likely to be covered by March 31, 2012.He added that as a next step Ultra Small Branches are being set up at these habitations. In 2012-13, Swabhimaan campaign will be extended to more habitations. Emphasizing on infrastructure and industrial development, Mukherjee said that during the 12th Plan, infrastructure investment will go up to Rs 50 lakh crore with half of this expected from private sector. Stating that in 2011-12 tax free bonds for Rs 30,000 crore were announced for financing infrastructure projects, he proposed to double it to raise Rs 60,000 crore in 2012-13. The Minister proposed to allow External Commercial Borrowings (ECB) to part finance Rupee debt of existing power projects. The Finance Minister announced a target of covering 8,800 km. under NHDP next year and increase in allocation of the Road Transport and Highways Ministry by14 per cent to Rs 25,360 crore in 2012-13. He proposed to permit ECB for working capital requirements of the Airline Industry for a period of one year, subject to a total ceiling of US dollar 1 billion to address the immediate financial concerns of the Civil Aviation Sector.He added that a proposal to allow foreign airlines to participate up to 49 per cent in the equity of an air transport undertaking is under active consideration. Expressing concern over shortage in housing sector, the Finance Minister proposed various measures to address the shortage of housing for low income groups in major cities and towns including ECB for low cost housing projects and setting up of a Credit Guarantee Trust Fund. Regarding textile sector, the Finance Minister announced setting up of two more mega clusters, one to cover Prakasam and Guntur districts in Andhra Pradesh and other for Godda and neighboring districts in Jharkhand in addition to 4 mega handloom clusters already operationalized. He also proposed setting up of three Weavers Service Centres, one each in Mizoram, Nagaland and Jharkhand. The Minister proposed aRs 500 crore pilot scheme in twelfth plan for promotion and application of Geo-textiles in the North East.A powerloom Mega Cluster will be set up in Ichalkaranji in Maharashtra. FM proposed to set up a Rs 5000 crore India Opportunities Venture Fund with SIDBI to enhance availability of equity to micro, small and medium enterprises. Stating that agriculture will continue to be a priority for the government, Mukherjee proposed an increase by 18 per cent to Rs 20,208 crore in the total Plan Outlay for the Department of Agriculture and Cooperation in 2012-13. He said that the outlay for Rashtriya Krishi Vikas Yojana (RKVY) is being increased to Rs 9217 crore in 2012-13. Underlining importance of timely access to affordable credit for farmers, the Finance Minister proposed to raise the target for agricultural credit to Rs 5,75,000 crore, which represents an increase of Rs 1,00,000 crore over the target for the current year. He said that a short term RRB Credit Refinance Fund is being set up to enhance the capacity of Regional Rural Banks to disburse short term crop loans to the small and marginal farmeRs He added that Kisan Credit Card Scheme will be modified to make it a smart card which can be used at ATMs. The Financed Minister said that in order to have a better out reach of the food processing sector, a new centrally sponsored scheme titled National Mission on Food Processing will be started in cooperation with the States in 2012-13. Minister proposed an increase of 18 per cent to Rs 37,113crore for Scheduled Castes Sub Plan and an increase of 17.6 per cent to Rs 21,710 crore for Tribal Sub Plan during 2012- 13. Regarding food security, Mukherjee said that National Food Security Bill 2011 is before Parliamentary Standing Committee. He said a multi-sectoral programme to address maternal and child malnutrition in selected 200 high burdened districts is being rolled out during 2012-13. He further said that an allocation of Rs 15,850 crore has been made for ICDS scheme which is an increase of 58% and Rs 11,937 crore for National Programme of Mid-Day Meals in schools for the year 2012-13. He added that an allocation of Rs 750 crore is proposed for Rajiv Gandhi Scheme for Empowerment of Adolescent Girls, SABLA. The allocation for rural drinking water and sanitation is proposed to be increased by over 27 per cent to Rs 14,000 crore and for Pradhan Mantri Road SadakYojana by 20 per cent to Rs 24,000 crore in 2012-13. He proposed to enhance the allocation under Rural Infrastructure Development Fund to Rs 20,000 crore with Rs 5,000 crore exclusively earmarked for .creating warehousing facilities. The Finance Minister proposed an increase in allocation by 21.7 per cent for Right to Education Sarva Shiksha Abhiyan to Rs 25,555 crore and by 29 per cent for Rashtriya Madhyamik Shiksha Abhiyan to Rs 3,124 crore. He proposed to set up a Credit Guarantee Fund to ensure better flow of funds to students. Regarding health sector he proposed an increase in allocation for NRHM to Rs 20,822 crore in 2012-13. He also said that National Urban Health Mission is being launched. The Finance Minister said that Mahatma Gandhi National Rural Employment Guarantee Scheme has had a positive impact. He proposed an allocation of Rs 3915 crore for National Rural Livelihood Mission (NRLM) which represents an increase of 34 per cent. He proposed to provide Rs 200 crore to enlarge the corpus to Rs 300 crore of the Women's SHG's Development Fund. He said the fund will also support the objectives of Aajeevika i.e. NRLM and will empower women SHGs to access bank credit. He also proposed to establish a Bharat Livelihoods Foundation of India through Aajeevika which will support and scale up civil society initiatives and interventions particularly in the tribal regions covering around 170 districts. Allocation under National Social Assistance Programme (NSAP) is proposed to be raised by 37 per cent to Rs 8447 crore. Under the Indira Gandhi National Widow Pension Scheme and Indira Gandhi National Disability Pension Scheme for BPL beneficiaries, the monthly pension amount per person is being raised from Rs 200 to Rs 300. FM announced a provision of Rs 1,93,407crore for Defence Services including Rs 79,579 crore for capital expenditure. He said the allocation is based on present needs and any further requirement would be met. Addressing governance related issues, Mukherjee said adequate funds are proposed to be allocated to complete enrollments of another 40 crore persons under UID Mission. Outlining the steps taken by the Government to address the issue of black money, the Minister proposed to lay a White Paper on Black Money in the current session of Parliament. In the Budget estimates for 2012-13, the Gross Tax Receipts are estimated at Rs 10, 77,612 crore which is an increase of 15.6 per cent over the Budget Estimates and 19.5 per cent over the revised estimates for 2011-12. After devolution to States, the net tax to the Centre in 2012-13 is estimated at Rs 7,71,071crore. The Non Tax Revenue Receipts are estimated at Rs 1,64,614crore and Non-debt Capital Receipts at Rs 41,650 crore. The total expenditure for 2012-13 is budgeted at Rs 14,90,925 crore. Of this Rs 5,21,025crore is the Plan Expenditure while Rs 9,69,900 crore is budgeted as Non Plan Expenditure. The tax proposals are guided by the need to move towards the Direct Tax Code(DTC) in the case of direct taxes and Goods & Services Tax (GST) in the case of indirect taxes. Individual income up to Rs 2 lakh will be free from income tax; income upto Rs 1.8 lakh was exempt in 2011-12. Income above Rs 5 lakh and upto Rs 10 lakh now carries tax at the rate of 20 per cent; the 20% tax slab was from Rs 5 lakh to Rs 8 lakh in 2011-12. A deduction of up to Rs 10,000 is now available for interest from savings bank accounts. Within the existing limit for deduction allowed for health insurance, a deduction of up to Rs 5000 is being allowed for preventive health check-up. Senior citizens not having income from business will now not need to pay advance tax. While no changes have been made in corporate taxes, the budget proposes a number of measures to promote investment in specific sectors. In order to provide low cost funds to some stressed infrastructure sectors, withholding tax on interest payments on external borrowings (ECBs) is being reduced from 20 percent to 5 per cent for 3 years. These sectors are power, airlines, roads and bridges, ports and shipyards, affordable housing, fertilizer, and dam. Investment linked deduction of capital expenditure in some businesses is proposed to be provided at 150 per cent as against the current rate of 100 per cent. These sectors include cold chain facility, warehouses for storing foodgrain, hospitals, fertilizers and affordable housing. Bee keeping, container freight and warehousing for storage of sugar will now also be eligible for investment linked deduction. The budget also proposes weighted deduction for R&D expenditure, agri-extension services and expenditure on skill development in the manufacturing sector. For small and medium enterprises (SMEs) the turnover limit for compulsory tax audit of accounts as well as for presumptive taxation is proposed to be raised from Rs 60 lakh to Rs 1 crore. In order to augment funds for SMEs, sale of residential property will be exempt from capital gains tax, if the proceeds are used for purchase of plant and machinery, etc. A General Anti-Avoidance Rule (GAAR) is being introduced in order to counter aggressive tax avoidance. Securities transaction tax (STT) is being reduced by 20 per cent on cash delivery transactions, from 0.125% to 0.1%. Alternative Minimum Tax is proposed to be levied from all persons, other than companies, claiming profit linked deductions. The Finance Minister has proposed a series of measures to deter the generation and use of unaccounted money. In the case of assets held abroad, compulsory reporting is being introduced and assessment up to 16 years will now be allowed to be re-opened. Tax will be collected at source on trading in coal, lignite and iron ore; purchase of bullion or jewellery above Rs 2 lakh in cash; and transfer of immovable property (other than agricultural land) above a specified threshold. Unexplained money, credits, investments, expenditures etc. will be taxed at the highest rate of 30 per cent irrespective of the slab of income. The Finance Minister has made an effort to widen the service tax base, strengthen its enforcement and bring it as close as possible to the central excise. A common simplified registration form and a common return are being introduced for central excise and service tax. All services will now attract service tax, except those in the negative list. The negative list has 17 heads and includes specified services provided by the government or local authorities, and services in the fields of education, renting of residential dwellings, entertainment and amusement,public transportation, agriculture and animal husbandry. A number of other services including health care, and services provided by charities, independent journalist, sport persons, performing artists in folk and classical arts, etc are exempt from service tax. Film industry also gets tax exemption on copyrights relating to recording of cinematographic films. Service tax rate is being increased from 10 per cent to 12 per cent, with consequential change in rates for services that have individual tax rates. The standard rate of excise duty for non-petroleum goods is also being raised from 10 per cent to 12 per cent. No change is proposed in peak rate of customs duty of 10 per cent on non-agricultural goods. The Budget offers relief to different sectors of economy, especially those under stress. Import of equipment for fertilizer projects are being fully exempted from basic customs duty of 5 per cent for 3 years Basic customs duty is also being lowered for a number of equipment used in agriculture and related areas. In the realm of infrastructure, customs relief is being given to power, coal and railways sectors while steam coal gets full customs duty exemption for 2 years (with the concessional counter-veiling duty of 1 per cent), natural gas, LNG and certain uranium fuel get full duty exemption this year. Different levels of duty concessions are being provided to help mining, railways, roads, civil aviation, manufacturing, health and nutrition and environment. So as to help modernization of the textile industry, a number of equipment are being fully exempted from basic customs duty, and lower customs duty is being proposed for some other items used by the textile industry. Customs duty is being raised for gold bars and coins of certain categories, platinum and gold ore. Customs duty is to be imposed on coloured gem stones. Excise duty on certain categories of cigarettes and bidis, pan masala and chewing tobacco is being increased. Customs duty is being increased on completely built large cars/ SUVs/ MUVs of value exceeding $40,000. Silver jewellery will now be fully exempt from excise duty. Unbranded precious metal jewellery will attract excise duty on the lines of branded jewellery. Operations are being simplified and measures taken to minimize impact of this provision on small artisans and goldsmiths. While direct tax proposals in the Budget will result in a net revenue loss of Rs 4,500crore, indirect taxes will result in a net revenue gain of Rs 45,940 crore. Thus, the tax proposals will lead to a net gain of Rs 41,440crore. (With PIB inputs) Multi Page Format