← Economy Short Tricks⚡ SHORT TRICK

Resource Mobilisation - Short Trick

Roads to resources, PSUs, disinvestment, securities, small savings, PPP and foreign aid — one sentence each

2 trick sentences0 pairs7 parts
0 / 2 learned · 0%
How to read
  • Guru Ram Each coloured word = one name in the list, shown below in the same colour
  • Panda Two colours in one word = two names
  • ➜ Order the numbered order matters · ⇄ Any order no order
1

Roads to Raise Resources

The eight roads by which money reaches the treasury, and the four non-tax earnings.

Trick 1

Eight roads to raise resources

⇄ Any order

Mother borrowed nine tablas for granny’s small Diwali party.

  1. Monetising the deficitfresh currency through the RBI — emergencies only, risk of inflation
  2. Borrowing / debtinternal (bonds, treasury bills) and external (World Bank, IMF, foreign governments)
  3. Non-tax revenue
  4. Tax revenuethe biggest share — direct, indirect, cess, surcharge
  5. Grants and aidusually tied to a project
  6. Small savingsPPF, NSC, Kisan Vikas Patra
  7. Disinvestment receipts
  8. Partnership — public-private (PPP)
Trick 2

Four roads of non-tax revenue

⇄ Any order

Divya invited Farhan to a special lunch.

  1. Dividend from PSUs
  2. Interest receiptson loans to states, PSUs and other bodies
  3. Fees, fines and penaltiesa fee for a service · a fine for breaking a rule
  4. Spectrum auctiona large lump sum from telecom companies

Tax is compulsory · non-tax revenue comes in return for a service, a fine or an auction.

2

PSU Ranks

Maharatna, Navratna and Miniratna — when each began, and how much each may invest without prior approval.

🔒
3

Disinvestment

The three kinds of disinvestment, its five phases, the big strategic sales and the committees.

🔒
4

Instruments of Public Debt — Government Securities

The short-term and long-term securities, and three bonds tied to interest rates, inflation and gold.

🔒
5

Small Savings Schemes

PPF, NSC, Kisan Vikas Patra, Sukanya and the senior citizens’ scheme — start, tenure and special feature.

🔒
6

Public-Private Partnership (PPP)

The five PPP models, and annuity against toll.

🔒
7

Foreign Aid

The headquarters of the aid-giving bodies, the nodal department in India, and the four jobs foreign aid does.

🔒

Read the full chapter for the complete notes — a trick helps you remember the list; understanding comes from the notes.