@upsc2020 Thanks :) But, could you please explain the difference between these 2 statements?
The proclamation must be approved by both Houses of Parliament within one month
And
Every resolution approving the proclamation must be passed by either House of Parliament
In short, doesn’t it imply either means both? Like on ‘either side of the road?’
Thanks :)
https://www.investopedia.com/terms/r/rpi.asp
That article which you mentioned, says that CPI measures the retail inflation. However, the article mentions the term ‘retail’ because it’s most widely used term when we define CPI. In other words, WPI measures wholesale goods and CPI measures retail inflation. That is because WPI and CPI are most widely used indexes.
However, RPI and CPI are only different when it comes to what ‘basket of goods’ consist of. CPI doesn’t include cost of housing (cost of housing is different from housing as it consists of mortgage and interest rates) while RPI does. :)
PS:
I read the OPs question again,
CPI measures retail inflation. Retail inflation and CPI are used interchangeably. However, RPI and CPI are not. :)
What does this mean? Also saw similar line in the below question for which the Answer seems B. Can someone explains pls?
Exchange rate is Dollar vs rupee or Yen vs rupee... Hence it is taken for a single currency. We use ER when we refer to exchange rate in day to day life. However, SDR is based on 5 countries currencies. Hence its a total/weighted average of these 5 currencies as explained by Alexander. Hence when we want to calculate NEER or REER we use SDR as basket to get a real picture as it shows a broader trend in exchange rates. :)
@AlexanderSupertramp @GreenArrow But as the 1st image in my question shows does it include the Major trading partners currencies or SDR basket of currencies?
Hey this should solve your confusion :)
So, NEER is first calculated (As weighted average of SDR currencies) then it is used as ER for trading between Indias major trading partners :)
Can High Court hear the appeals against the orders of National Green Tribunal?
Supreme court. But Telangana HC has agreed to hear appeal.
https://www.thehindu.com/news/cities/Hyderabad/high-court-to-hear-appeal-against-ngt-order/article26401062.ece
Consider the following statements regarding loss of Citizenship in India:
1. The Constitution does not provide any grounds for loss of Indian citizenship of a person.
2. The Central Government can terminate Indian citizenship of a citizen who has shown disloyalty towards the Constitution.
Regarding statement 2, Central govt can deprive only for naturalised and registered citizens, right? So if there is a statement like #2 in exam, which POV should we consider?
Thanks :)
