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August 28, 2020
What is Bio-diversity ?its importance and step for conservation
What is the Rutherford's atomic model
What is 'TRIPS' agreement ?
The efforts made by India for the environmental protection
What is remote sensing technology and how does it work ?
Purpose of CSIR in the field of scientific research and development
What is Bluetooth technology?
What is DNA Finger-printing ?
How Skill Development, 2015 can tackle the problem of unemployment
The regional imbalances and migration in India
The issues of buffer stock and food security in India.
The status of India's public debt after 1991 economic reforms.
Write a brief note on working of Unit Trust of India.
The Unit Trust of India was established on 1 February 1964 under the 'UNIT TRUST ACT, 1963' with the aim of mobilizing scattered small savings of the common people in the industries for the economic development of the country. Through this trust, units are saved by selling units to the public and the collected amount is invested in productive works. This investment is done in the shares of companies and letters of credit. Net profit earned from the investment is distributed to the unitholder. This act of appropriation on the basis of profitability, while protecting the wealth of the general public, on one hand, seeks to provide adequate returns to it. It also provides support in financing of other industrial establishments. This trust is authorized to acquire capital by selling Units in addition to its initial capital. This type of capital is called 'Unit Capital'.
In our country, UTI has developed a trend of saving in the general public by encouraging savings, especially salaried employees who have got the opportunity of safe investment through UTI. The main features of UTI are - UTI, 1964, 1971, 1976 for Non-Resident Indians India Fund 86, ULIP, India Growth Fund 1989, Mutual Funda Master Gain, etc.
It is noteworthy that after the collapse of the scheme named 'U.S-64' in 2001, UTI split into two separate companies-
First-UTI I-UTI-AMC ie Asset Management Company
(Asset Management Company)
II-UTI II-UTI-NAV means 'pure'
The company is called 'Net Asset Value'. UTI in the second company Asset Value of Net Asset Assets is operated by LIC, SBI, PNB and Bank of Baroda. All four have placed all UTI-value based schemes by paying full value to the government and have managed to own and manage the AMC [UTI-Mutual Fund) as well. In November 2005, these banks and LIC paid 1236.95 crores to the Government of India. As a result, SBI, PNB, LIC and BOB got the right to co-own 25 to 25 percent.
Its Objectives
The main objectives of the Unit Trust of India (UTI) are:
(i) Depositing money from the public as savings.
(ii) To take measures to increase national capital by selling shares to small investors.
(iii) To invest money in various industries in such a way that the industry is strengthened and has a good opportunity of appropriation.
Current position of money market in Madhya Pradesh.
the importance of agriculture in the economy of Madhya Pradesh.
August 27, 2020
Importance of agriculture in the economy of Madhya Pradesh.
The main provisions of Competition Act, 2002.
Importance of road transport in the economy of Madhya Pradesh
Road Transport In Madhya Pradesh
The first step for the economic development of any state is the development of traffic routes. The economy of any state or country can only be developed by developing the transport system. Transport was also developed in Madhya Pradesh with the same purpose.
Roads play an important role in the development of any country/region. The State Government has given full attention to the construction of roads and their importance in the state during the last 5 years. The State Road Transport Corporation was established in the year 1962 under the Traffic Corporation Act 1950 in the state. Its main objective was to provide efficient, accessible, and affordable transport facilities to the passengers. The means of transport in the state can be divided into three parts - road, rail and the air. Bus and train services cover most parts of Madhya Pradesh. According to the Economic Survey Report 2016-17, the state's long road network includes 46 national highways.
Major inter-state bus terminals are located at Bhopal, Indore, Gwalior, and Jabalpur.
More than 2,000 buses runs daily between these four cities of Madhya Pradesh.
The intra-city transit system consists mostly of buses, private autos, and taxis.
The state does not have a coastline. Most maritime trade is through Kandla and the neighboring state of Jawaharlal Nehru Port (Nhava Sheva), which is also well connected by roads and rail networks.
How is human development index calculated?
Basic characteristics and features of the Indian economy .
August 26, 2020
Philosophy of Guru Nanak. ३०० words mains question
Contribution of Raja Ram Mohan Roy in reformation of Indian sociery.
What are the Five Vows of Jainism ?
Why do people envolve in the corruption.
Ways of minimizing corruption.
What are some apptitude and foundations for civil servants
The social thoughts of Dr bhim rav ambedkar
Contribution of Swami Vivekanand in upliftment of indian society
August 23, 2020
All about Mahatma Gandhi National Rural Employment Guarantee Act
Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) is an employment guarantee scheme implemented in India, enacted by legislation on 25 August 2005. The scheme provides 100 days of employment every financial year to those adult members of any rural household who are prepared to do unskilled wages related to public work at a statutory minimum wage of Rs 220 per day.
The Act was launched with the objective of increasing the purchasing power of rural people, mainly for those living in rural India. Semi-skilled or non-skilled work, whether they are below the poverty line or not. About one-third of the assigned workforce is made up of women. The government is planning to open a call center, which can be contacted on the duty-free number 1800-345-22-44 at the start. Initially, it was called the National Rural Employment Guarantee Act (MNREGA),
But it was renamed on October 2, 2009.
Criticisms
The scheme has also been severely criticized and argued that this scheme is no more effective than other schemes for poverty alleviation.
The first criticism is financial. MNREGA is one of the largest initiatives of its kind in the world. The national budget for the fiscal year 2006–2007 was 113 billion rupees (about US $ 2.5bn and about 0.3% of GDP) and now fully operational it will cost the 2009–2010 fiscal
391 billion rupees a year. Jyoti Treas and others suggested that this could be funded through improved tax administration and reforms, while the tax-GDP ratio has actually been declining so far. It is expected that the cost of this scheme will be 5% of GDP. Another important criticism is that the end products of public action plans (such as water conservation, land development, afforestation, provision of irrigation systems, road construction, or flood control) are insecure, which the rich sections of society can occupy. A monitoring study of MGNREGA in Madhya Pradesh showed that the activities being carried out under this scheme had become more or less standardized in all villages, with little to no local consultation.
Further concerns include the fact that certain sections of society are excluded due to corruption of local government. It has also been found that the local government claimed more job cards than the actual number of persons employed, in order to gain more funds than necessary, which is then embezzled by the local authorities. A bribe of up to 50 rupees is given for obtaining a job card.
MNREGA is criticized mainly for two things. One is the leakage of this scheme on a large scale and secondly, the pits are dug and filled in the name of work, which is of no use. these two
Criticisms are exaggerated and based on intellectual laziness and ideological parochialism. There is no doubt that like other schemes, MNREGA is also facing the problem of corruption. There is a need to deal strictly with corruption, but fund cuts are not the solution. MNREGA has been fighting corruption through social audits like IT and community-based accountability mechanisms. The fact is that there are very few schemes which are linked to a hundred percent technology and the data related to them has been made public. In 2013, efforts were made to address concerns related to the sustainability and utility of the works under MNREGA by incorporating new works into it. The need and utility of this law cannot be decided due to poor implementation or corruption in some states or districts. While assessing the MNREGA, we must keep in mind that it is the only instrument that empowers the village panchayats. Has been doing Fifty percent of the total works are executed by gram panchayats. Along with this, the social audit ensures accountability. No other scheme has released such a large amount of funds. On average, an amount of fifteen lakh rupees is released directly to gram panchayats every year. Thus, if we believe in Gram Sabha to Lok Sabha, then the basic structure of MNREGA should not be abandoned. This plan needs to be constantly reviewed and evaluated. The focus of MNREGA should be on the disadvantaged communities and skill development of the most backward areas. It was made part of MGNREGA in 2013 and needs to be expanded today. In addition, MNREGA should be immediately linked to the socio-economic caste census. Continuity in political support is most important for MNREGA. What is not necessary is the gradual strangulation of this scheme, hence the main basis of employment of unskilled laborers, though there are some shortcomings in this, its contribution cannot be underestimated. There is a need for better implementation.
Relevance of humanistic view of Saint Kabir
Code of conduct for civil servants.
What is Accountability and Transparency?
9 January 2026 with detailed explanation of judicial reforms, fiscal federalism, India–EU relations, defence preparedness, water security, technology self-reliance and climate resilience. Ideal for UPSC Prelims & Mains.
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Tamil Nadu's Smart Blackboard Scheme The Tamil Nadu government is going to implement the Smart Blackboard scheme in over 80,...
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To make women and children in rural areas of Madhya Pradesh aware of anemia and other blood related diseases,lalima abhiyan was started in t...
