Economics (Part-VI) (Railway)

• The government will give a subsidy of Rs. 15, and people will have to pay Rs. 5.

• The kitchens will be run by self-help groups.

• ASER reports on the schooling status of children in the 5-16 age group across rural India and their ability to do basic reading and arithmetic tasks.

• Revenue Receipts are classifiled under two heads 1 Tax Revenue ii Non-Tax Revenue.

• It includes the proceeds from taxes and other duties levied by the government the interest and dividend it receives on its investments; and the fees and charges the government receives for its services.

• It was established in 2006 in Kolkata.

• It is eastern India's largest NBFC MFI.

• It also aimed for higher growth rate, removal of unemployment, improved productivity, modernization of technology and significant reduction in the disparities of income and wealth.

• In other words, it represents those consumption bundles that the consumer can purchase using his/her money Income (M).

• Under the SRO function, MFIN's primary objective is to support member NBFC-MFIs in adhering to regulatory and industry standards, with focus on customer welfare and protection.

• It examines and investigates the complaints received from the consumers and the general public, regarding any breach of the Code of Conduct and/or advertising ethics and recommend the action to be taken in that regards.

• The CCC decides upon the complaints within a period of 4 to 6 weeks.

• India's first Prime Minister Jawaharlal Nehru presented the First Five-Year Plan to the parliament on 9 July 1951.

• The cost that a firm incurs to employ these fixed inputs is called the total fixed cost (TFC).

• Whatever amount of output the firm produces, this cost remains fixed for the firm.