THE HINDU NOTES,PIB daily notes and Multi choice quiz on current affairs together.Dear IASTODAY readers, Here comes the DAILY CAPSULE for APRIL 16 2017...We also offers PDF version of daily capsule..This is a new initiative and your feedbacks will be appreciated. Shoot your feedbacks at [email protected]

CLICK here to see more DAILY CAPSULE details & date wise compilation.

General Studies-02


  • The Government has undertaken a series of initiatives for social justice and empowerment. Ekatmakta, Samata and Samajik Samrasta are the guiding principles in this direction.

  • Educational Empowerment for SCs is through scholarships, hostels for students, coaching facilities, capital for creation/upgradation of premises, institution etc.

  • The Government of India believes that Education for all is the key to empowerment.

  • The Minister emphasized that the Government is committed for the social, economic and educational uplift of the Scheduled Castes and has therefore enunciated policies and schemes across different Ministries for targeted benefit and progress of the scheduled castes. 

  • a new scheme “Rashtriya Vayoshri Yojana” has been launched recently for distribution of Aids and Assisted Living Devices to Senior Citizens, which will help them to overcome their age related physical impairment and to lead a dignified and productive life with minimal dependence on care givers or other members of the family.

  • Dr. Ambedkar Medical Aid Scheme, medical aid is provided to the patients suffering from serious ailments requiring surgery of kidney, heart, liver, cancer and brain or any other life threatening diseases including organ transplant and spinal surgery to the Scheduled Caste and Scheduled Tribe persons whose annual family income is less than Rs 2,50,000/- p.a. During the last three years,

Mahanadi river dispute

  • Chhattisgarh and Orissa plus many state involved in this dispute of sharing water

  • As climate change taking place new and new water dispute coming into light like SYL canal issue, Cauvery water dispute etc.

  • Water is currently state subject under 7th schedule of the constitution

General Studies-03

Khurki and Teenkathiya systems[PIB]

  • Above stated term told about agriculture peasantry system of the colonial india in which farmer have to grow Britain needed crop in 3/20 part of their land

  • there is no other example in the human civilisation about the war waged by the farmers in a peaceful way against the oppression and injustice of the Britisher under the leadership of Gandhiji.

  • the innocent, disarmed farmers raised their voice against the atrocities, exploitations, oppression and extortion of the Britishers and forced them to abolish the system through Satyagraha.

  • the Neeley Britishers had confiscated more than one lakh crore fertile lands and set up their kothis there.

  • Farmers were being exploited and oppressed in different ways by Neeley Britishers under Khurki and Teenkathiya systems. Under Khurki system,

  • the British planters used to pay some money to the farmers (Raiyyat) by mortgaging their lands and houses and compelling them to sow indigo.

  • the British administration and Jamindar had established “Teen Kahitya” system under which teen katha land out of one bigha was reserved for indigo (Neel) farming.

  • The farmers had to bear the cost of indigo farming and the British planters used to keep the yields without compensating the farmers.

Chit fund issue in india

  • Chit fund is the case of financial fraud in which group of person cheated to invest in short term high return scheme

  • This kind scheme majorly can be seen in rural india where illiterate people fall in the trap of this group

  • Chit fund and pyramid scheme are all synonymous word

Goods and service tax

  • It’s the new system proposed to be rolled out from July 1 this year for taxing all goods and services that you consume. The Goods and Services Tax or GST will replace the myriad local, State-level and Central taxes that are built into the price you pay for products, and the service tax as well as cesses that are dovetailed to your outgoes when you dine at a restaurant or pay your mobile phone bills.

  • As a single tax that would replace all such duties and cesses, the GST will make India a unified market with a common tax structure, instead of 29 fractured markets. One last thing worth noting: petroleum products and alcohol are being kept out of the GST net for now.

  • Nine years after the Indian economy was opened up in 1991, the Atal Bihari Vajpayee government first floated the idea of a simple, transparent and efficient GST regime to substitute the multiple Central and State taxes and cesses. But, like several critical (and often inevitable) reforms in India, the GST took a tortuously long route to reach the cusp of reality — a route marred by resistance, flip-flops and political expediency. April 1, 2010 was the first official target date for kicking off the GST announced by the then Finance Minister P. Chidambaram in the Union Budget for 2006-07.

  • Besides improving tax compliance from traders, the GST regime is expected to boost economic growth by a percentage point or two, despite the risk of an initial blip, the government and industry bodies reckon. Investors, often put off by India’s complex taxation
    structure, should find it easier and more attractive to do business in the country and create an important byproduct for India’s fast-growing, young workforce — jobs.


Q.1 consider the following statement about Rashtriya Vayoshri Yojana is/are correct

1. aim for distribution of Aids and Assisted Living Devices to Senior Citizens

2. it is only available to SC citizen

A. 1 only

B. 2 only

C. both

D. none

Correct answer: Option C

Q.2 consider the following statement about Mahanadi river dispute is/are correct

1. orrissa ad chatisgarh both involved in it

2. water now is central subject

A. 1 only

B. 2 only

C. both

D. none


Correct answer: Option A

Q.3 what is teenkathiya system

1. under this system farmer have to reserve 3/20 land for government want farmer

2. this system implemented In Bihar at the time of British government

A. 1 only

B. 1 2 only

C. 2 only

D. none

Correct answer: Option B


Q.4 consider the following statement about goods and service tax is/are correct

1. This will be implemented by the goods and service tax network [GSTN]

2. this will be implemented on the line of value added tax

A. 1 only

B. 2 only

C. both

D. none

Correct answer: Option D

Q.5 consider the following statement about non banking financial companies

1. This institute regulated by the SEBI

2. this companies can not issue cheque

A. 1 only

B. 2 only

C. both

D. none

Correct answer: Option C

Don’t forget to drop your feedbacks at [email protected]

Don't be selfish..Share with friends.. Sharing is caring.