DMPQ: What is a monetary policy? What are its types? List down the objectives of monetary policies.

Monetary policy is made by the central bank to manage money supply to achieve specific goals- such as constraining inflation, maintaining an appropriate exchange rate , generating jobs etc.   There are basically two types of monetary policies. They are expansionary and contractionary.   Expansionary: This means increase in the total supply of money in … Read more

DMPQ: What is local self government? What is the significance of local self government?( Polity)

Local self government is the govt. at the grass root level which looks after the administration at the local level. It give representation to the local people and possess fairly large measure of autonomy , raising atleast a part of its revenue locally and spending it on activities that are considered local. Significance: Provide foundation … Read more

DMPQ: Price stabilisation fund. ( schemes)

The fund was established with to mitigate volatility in the prices of agriculture produce. It was established with a corpus of 500 Crore which aims at price stability.  The fund will be utilised for  following purpose:   Direct purchase from farmers at farm gate Maintaining a strategic buffer stock that would discouraged hoarding and unscrupulous … Read more

DMPQ: Micropropagation, Somatic hybridisation, Single cell protein, Mutation breeding

Micropropagation Ans:  Method of producing thousands of plants through tissue culture is called micropropagation. Each of these plants will be genetically identical to the original plant from which they are grown. They are soma clones. Somatic hybridisation Ans:  In somatic hybridisation cell wall is removed by digesting it with enzyme like pectinase and cellulase. Isolated … Read more

DMPQ: Peasants condition got deteriorated during the British Rule. In this context give the reasons for impoverished condition of Peasants. ( Modern History)

Impoverishment of peasantry was one of the outcome of British policies. The agrarian and the industrial sector was hit hard by the Britishers rules and regulation. These were framed to serve the ultimate interest of British rules. The colonial economic policies and commercialisation of agriculture were major reasons for destruction of self sufficient village system. … Read more

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