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ECONOMY ONE LINER for TSPSC SI CONSTABLE SSC

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  The Banking Regulation Act was passed in India in 1949.   Adam Smith is called the father of modern Economics   The SLR is determined by the RBI. SLR stands for Statutory Liquidity Ratio  The base financial year for the calculation of the all India Index of Industrial Production (IIP) is 2011-12 since May 2017.   The agricultural sector is the largest employer in the Indian economy. However, this sector accounts for only about 17% of India's GDP.   An economic condition when there is one buyer and many sellers is called Monopsony   A fiscal deficit occurs when a government's total expenditures exceed the total revenue that it generates, excluding money from borrowings   An increase in price will decrease consumer surplus   A situation where the expenditure of the government exceeds its revenue is called Budget Deficit   Theory of opportunity cost is given by Gottfried Haberler.   When the output is equal to zero, the varia...
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ARTS AND CULTURAL ONE LINER for TSPSC SI CONSTABLE SSC

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 The Sangai Festival is celebrated in Manipur   Elephant festival is celebrated annually in Jaipur   ‘Me-Dam-Me-Phi’ is a communal festival. It is observed by the Ahom or Tai-Ahom, ethnic community that is spread across the states of Assam and Arunachal Pradesh   Iron craft is the traditional work of the Agaria tribe   Karnataka confers the Basavashree award   A Fire temple is a place of worship for Zoroastrians   The Barabar Hill Caves are the oldest surviving rock-cut caves in India   Matrimandir is located in Pondicherry   The Chapchar Kut is a festival of Mizoram. It is celebrated in March   The Bhimbetka rock shelters are an archaeological site of the Palaeolithic period. It is located in Madhya Pradesh   Kambala Sport is held in Karnataka   Castle Naggar heritage site is located in Himachal Pradesh  Gudi Padwa is celebrated on the first day of the month of Chaitra( March-April). The day is celebrated as New Yea...
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IMPORTANT BATTLES for TSPSC SI CONSTABLE SSC

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Name of the battle           Year Battle                     Between Battle of Hydaspes            326 BC          Alexander the Great and King Porus  Kalinga war                       260 BC          Ashoka and king of Kalinga  First battle of Tarain         1191 AD        Prithviraj Chauhan and Mohd Gori  Second battle of Tarain     1192 AD        Prithiviraj chauhan and Mohd Gori  First battle of Panipat       1526 AD        Ibrahim Lodhi and Babur  Battle of khanwa               1527 AD        Babur and Rana sunga  Battle of chausa      ...
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