62. UPSC EPFO - Economy Questions
#EconomyWithSanghiSir
#EconomyWithSanghiSir
Sharing important Economy questions in this thread from #UPSC EPFO 2023
Bookmark this thread to revise for UPSC Prelims😁
1. Question on RTGS , NEFT and NPCI (in image, read it first)
RTGS: Real Time Gross Settlement
- Money transfer in real time
- Designed for high value transfers
- Maintained by RBI
NEFT: National Electronics Fund Transfer
- One to one money transfer mechanism
- Suitable for small value transfers
- Maintained by RBI
NPCI: National Payments Corporation of India
It is an entity promoted by the banks
2. Atal Vayo Abhyuday Yojana (question tip in image, read it first)
AVAY:
- A central sector scheme earlier called National Action Plan for Senior Citizens
- Vision: Create a society where senior citizens live a healthy, happy and empowered life
- 5 schemes under this scheme:
1. Poshan Abhiyan for elderly
2. Livelihood and skilling initiatives for senior citizens
3. Scheme on promoting silver economy
4. Awareness generation and capacity building for welfare of senior citizens
5. Channelising CSR funds for elderly care
3. Top-Up tax question (question in image, read it first)
Top-Up taxes are a measure to avoid base erosion.
4. This one is easy. Solve it and share your answer in comments of this blog post or reply to this email
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