General knowledge

Genereal knowledge questions are universal.In Exams any time of questions can be given. It can be on History or even from biology also. So we provide the important topics, materials to study and understand them which will help you to gain more knowledge and to gain more score.

Banking awareness

Banking terminologies and concepts are difficult for most of us to understand. Only people working in banks and having experience can understand many of the concepts easily. So we provide you an easy manner to understand the concepts.

Current affairs

Current affairs must be given a higher importance regarding GK section. All the News must be followed and remembered. They can give any kind of questions from here may be it is a Regional, National or international. So we give you the news daily that are happening all over the world.

BUDGET:

Budget is a planned estimate of income and expenditure of a country or state for a particular time period in general for a financial year.

Financial year --  1st April to 31st March.

Budget can be divided into

• INCOME 
• EXPENDITURE

Income can be divided into revenue income and capital income.
Revenue income is again sub divided into Tax income and Non-Tax income.
Tax income is the income though direct tax and indirect tax.
Capital income is through Dis-investments,Recoveries on loans extended to state governments and public sector units, Borrowings.

Expenditure can be divided into revenue expenditure and capital expenditure
Revenue expenditure is through salaries,Public administration,social sector expenditure,  Defence,  Interest payments on loans.
Capital expenditure is spendings on infrastucture developement principal loan amount repayments

Budget deficits: total expenditure is more than total income.
Budget surplus: total income is more than total expenditure

Fiscal Responsibility and Budget management Act (FRBM Act) was introduced in the year 2003.

GDP:

 It is defined as the total estimate of value or cost of goods and services that are produced within a country territory irrespective of citizenshi during a particular financial year.

General awareness

General awareness is easy when we are updating our self by reading newspapers, watching news channels and searching news items in the internet. But for some people It may be difficult to understand the difficult terms and their meanings. So here we not only provide you the important materials,Websites, Papers, but also explains you all the difficult terms that are not easy to understand. If you still have a doubt regarding any concept you can comment below. We will help you to understand it in an easier manner.