How under-reporting (of income) is a major concern for mobilization of resources despite growing tax collection?

The Central Board of Direct Taxes has released the latest data on income tax collections. Key findings from the CBDT report The number of tax returns filed has increased to 6.85 crore in FY 2017-18. This is an 80% growth ..

To what extent, the policy to make the North East a developmental frontier is responsible for its economic backwardness. Discuss.

Model Answer: India’s north east is home to a large number of tribes and communities living in a relative isolation in their own cultural niches. They were largely autonomous and had their own ways of social and economic organizations, which ..

Critically examine various constraints in use of rooftop PVs in India in the light of recently scaled up targets of Jawaharlal Nehru National Solar Mission.

Rooftop Solar PV depend on sunlight, therefore, seasonal variation is a major constraint in it. Solar plate cells are made of silicon wafers and have high reflectance thus; reducing its efficiency.  Large patches of land are needed for spreading PV ..

"Politics in the northeast India is marked by ethnicity and extremism for a long time." Discuss in the light of recent happenings in Arunachal Pradesh.

North Eastern region of India is described as a cultural mosaic consisting of various tribal communities and Lingustic / ethnic identities. The politics of this region is marked by intra-tribal conflicts and extremism for a long time. The assertion of ..

India is headed to become the most-polarised society in the world with the growing rarity of reasoned argument. Comment.

Freedom of expression is not negotiable but it definitely cannot infringe upon the rights of a person. There is a growing need for consistency in the verdict. Press is partisan. But the fact remains that the culture of free speech ..

Discuss the potential of artificial intelligence in improving the effectiveness of e-governance in India.

Artificial intelligence (AI) will play a major role in ushering the fourth industrial revolution and it will touch each and every facet of our life in the upcoming future. Potential of artificial intelligence in E-governance: Data analysis and finding patterns ..

It has been often argued that the government of India is over-sized and it acts as a drag on the economic efficiency and growth. Critically evaluate.

The Indian government is considered as over-sized and bloated by a majority of people. A former chairman of the erstwhile planning commission acknowledged that around 80% of planning money went to the salaries of government employees. Impact on economic efficiency ..

Key economic changes that preceded the Industrial Revolution

Three great sets of economic changes preceded the industrial revolution and made it inevitable. These changes were in commerce, in agriculture and in industry. All these changes occurred first in England. The commercial revolution had developed before 1715. Banking and ..

The concept of payment banks seems to be a novel concept having financial inclusion its most likely outcome. However, some have expressed doubts over their viability and scalability. Examine the issue throwing light on their business model.

Model Answer Payment banks cannot give loans and cannot accept time deposits. This would simply mean that they cannot earn the interest spread between loans and deposits and their revenue model is mainly on transaction charges. Since they would work ..

What are the main functions of the ? Explain different 'functional commissions attached to it.

The United Nations Economic and Social Council (ECOSOC) is a principal organ of the United Nations which acts as the principal organ of the UN system. It was established in 1945. Main functions: The main functions of ECOSOC are Advancement ..