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The qn in cs pre 2015, on decrease in tax to gdp ratio, ans is neither of the two.
Slowing economic growth is in real terms, while tax to gdp ratio is in nominal terms.
It is no reflection of equitable distribution as only 3% of popn pay taxes.
My assessment of cut off marks for gs is 95.
Wishing all of you the very best appearing in cs prelims 2015. Eliminate wrong options rather than choosing the correct answer. God bless all.
Will help their exports but could result in currency wars. All similar weak currencies doing the same.
Yuan devaluation is a step towards moving to a market determined exchange rate, as it is overvalued. This was expected as it was announced that China would be considering yuan to be an international currency by 2016.
Greece finally gets its third bailout, a temporary relief. Needs measures to revive and with austerity measures. Difficult proposition.
Socio Economic and Caste Census 2011 is respondent and self revealed data based. At best only an indicative and not conclusive in nature.
India relatively less likely to be affected by greek crisis, but stock and financial market will be cautious but not volatile. Trade will be hit but cad is comfortable. We have to work towards establishing india as an investment destination, working around easing restrictions. Ensuring investment, trade and stable and not hot inflows.
Jin Liqun appointed first president of AIIB; George Yeo, ex foreign minister, Singapore to take over from Dr Amartya Sen as Chancellor of Nalanda University.