What is an arc company?

What is an arc company?

What are ARCs? An Asset Reconstruction Company is a specialized financial institution that buys the NPAs or bad assets from banks and financial institutions so that the latter can clean up their balance sheets. Or in other words, ARCs are in the business of buying bad loans from banks.

What is an ARC report?

The ARC or the Administrative Reforms Commission is a committee set up by the Government of India to review the public administration system and give recommendations to improve it. The reports by the Commission are called the ARC reports.

Which is the latest ARC report?

Second Administrative Reforms Commission : Reports

Report Title Download
1st Report Right to Information: Master Key to Good Governance Download (1.27 MB)
2nd Report Unlocking Human Capital: Entitlements and Governance Download (2.67 MB)
3rd Report Crisis Management Download (1.2 MB)
4th Report Ethics in Governance Download (1.69 MB)

Which ARC reports are important?

One of the most recommended documents that hold a lot of importance in the scheme of things is the 2nd ARC reports. ARC reports or the Administrative Reforms Commission Reports talk of a lot of the aspects of public service such as conflict resolution, administrative methods, governance, ethics in service, etc.

What is second arc?

The Second ARC was setup by the Government of India on 31 August 2005 under the Chairmanship of Shri M. Veerappa Moily with the mandate to suggest measures to achieve a proactive, responsive, accountable, sustainable and efficient administration for the country at all levels of the government.

Who is the head of Arc?

Shri Veerappa Moily

What is 2nd ARC report Quora?

The second ARC report of 2005 is important for civil service exam preparation. They contain a lot of useful information essential for the IAS EXAM covering aspects of public administration, governance, ethics in civil services, conflict resolution, etc.

How do I read an ARC report on Quora?

For GS, read report no 3,4,6,11 and 14. Out of these Report no 4 must be read in entirety as it will help directly in GS4. For remaining, you can go for summaries if you don’t want to read the entire reports. For Public Administration students, it is recommended that they read all reports in original.

Is PIB important for UPSC?

The Press Information Bureau (PIB) is the nodal agency of the Government of India to disseminate information to the print and electronic media on government policies, programmes, initiatives and achievements. It acts as an interface between the government and the media. Read on for what to read from PIB for UPSC exam.

Which ARC report is important for UPSC Quora?

The second ARC report of 2005 is important for civil service exam preparation. That includes so many chapters , there’s no need to read all , important chapters / reports are, 4th report- Ethics in governance. 2nd report- human capital.

Does PIB release everyday?

Given the volume of news that PIB releases every day, BYJU’S releases the Best of PIB every day as a part of the Free Study Material for IAS, summarising the UPSC related news to help IAS aspirants stay up to date on Current Affairs for UPSC.

What is PRS in UPSC?

PRS Legislative Research, better known as PRS, is a non-profit organisation whose aim is “to strengthen the legislative process in India by making it better informed, more transparent and participatory”. PRS is one of the only organisations in India that track the functioning of Parliament.

How do I read Yojana magazine?

How To Read Yojana Magazine for IAS Preparation

  1. It has credible facts and data which can be quoted in the exam as the magazine is published by the Government of India ( I&B Ministry)
  2. Balanced and in-depth views by subject matter experts like Niti Aayog members.
  3. Easy availability and low pricing.

Which months current affairs is best for UPSC?

For prelims 2020, you can focus on the last 1 year current affairs. I.e. June 2019 to September 2020. However, if you have studied the current affairs of months preceding June 2019, please do revise them also as UPSC has a tendency to ask questions from the previous 2 years.

Is 1 year enough for UPSC?

An individual must have wondered that 1 year is enough for IAS preparation. The answer is yes. One year is sufficient to crack IAS exam no matter how difficult UPSC exam is. The IAS exam which is also known as the civil services exam is a government exam conducted annually by the UPSC.

Is 2 months enough for UPSC Prelims?

Besides competition, the vast syllabus and unpredictable exam pattern make it even more challenging. IAS prelims preparation in 2 months sounds impossible but they said nothing is impossible. For sure, after reading this, you will confidently believe that IAS prelims preparation in 2 months is possible.

What is General Studies paper1?

GS Paper 1 of UPSC Mains is one of the four general studies papers. It is a subjective type of paper consisting of subjects like History, Geography, Art and Culture, and Indian Society. Along with GS Paper 1, there are eight other papers in the Mains stage of the IAS Exam.

What degree is general studies?

A bachelor’s degree in general studies includes a multidisciplinary curriculum. Students explore the arts, sciences, and humanities to gain a well-rounded and balanced education. A general studies program focuses on marketable and transferable skills like analytical thinking and communication.

How do I prepare for general studies?

Start your preparation with NCERT books of 10th and 12th standard on various subjects like History, Geography, Polity, Science, Indian Foreign policy & International Relation etc. and then go through other books recommended for G.S. It will be better to prepare G.S. mains first and then for Prelim.

How can I become master of general knowledge?

Ways to Improve General Knowledge

  1. Watching TV. Surely you watch TV for a few hours daily.
  2. Listen to the Radio. Listening to the radio is a habit that is dying fast.
  3. Read Newspapers & Magazines.
  4. General Knowledge Websites.
  5. GK Apps.
  6. General Knowledge Books.
  7. Attend Quiz Contests.
  8. Participate in Quiz Contests.

Is 9 months enough for UPSC preparation?

No Coaching or Notes, Just 9 Months to Prepare: How This IRS Officer Cracked UPSC. Without any coaching classes, this IRS officer cracked the UPSC exam with just nine months of preparation. Here’s how! A majority of UPSC aspirants attempt the examination to secure a rank good enough to get an IAS posting.

How many hours a day should you study for UPSC?

15 hours