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my study ncert notes: Gk exam ready notes 8 self-evaluation and facts


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1.  Megha-Tropiques is an Indo-French Joint Satellite Mission for studying the water cycle and energy exchanges in the tropics.
2.  The main objective of this mission is to understand the life cycle of convective systems that influence the tropical weather and climate.
3.  It will provide scientific data on the contribution of the water cycle to the tropical atmosphere, with information on condensed water in clouds, water vapour in the atmosphere, precipitation, and evaporation.
4.  The satellite consists of payloads as MADRAS, SAPHIR, SCARAB and ROSA.
5.  MADRAS: a microwave imager aimed mainly at studying precipitation and clouds properties.
6.  SAPHIR: a 6 channels microwave radiometer for the retrieval of water vapour vertical profiles and horizontal distribution.
7.  SCARAB: a radiometer devoted to the measurement of outgoing radiative fluxes at the top of the atmosphere.
8.  The GPS-ROS (Global Positioning System- Radio Occultation System) from Italy will study the temperature and humidity at different altitudes.
9.  It had been launched by PSLV-C18 on 12 October 2011 from the first launch pad of the Satish Dhawan Space Centre (SHAR) located in Sriharikota, Andhra Pradesh.
10.The satellite was launched with three micro-satellites: SRMSAT built by the SRM University, Chennai, remote sensing satellite Jugnu from IIT Kanpur and VesselSat-1 of Luxembourg to locate ships on high seas.
11.Rashtriya Swasthya Bima Yojana was launched on 1st October, 2007.
12.RSBY has been launched by Ministry of Labour and Employment, Government of India to provide health insurance coverage for Below Poverty Line (BPL) families.
13.The objective of RSBY is to provide protection to BPL households from financial liabilities arising out of health shocks that involve hospitalization.
14.Beneficiaries under RSBY are entitled to hospitalization coverage up to Rs. 30,000/- for most of the diseases that require hospitalization.
15.Coverage extends to five members of the family which includes the head of household, spouse and up to three dependents. Beneficiaries need to pay only Rs. 30/- as registration fee while Central and State Government pays the premium to the insurer.
16.Coverage of all pre-existing diseases occurs under the Rashtriya Swasthya Bima Yojana.
17.RSBY provides the participating BPL household with freedom of choice between public and private hospitals and makes him a potential client worth attracting on account of the significant revenues that hospitals stand to earn through the scheme.
18.Every beneficiary family is issued a biometric enabled smart card containing their fingerprints and photographs.
19.Government of India contributes 75% of the annual premium. State Governments contribute 25%. In case of North-East region and Jammu & Kashmir, the premium is shared in the ratio of 90:10.
20.The RSBY has also been extended to following occupational groups: Building and other Construction Workers; Maha


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1.  A Budget Deficit is a common economic phenomenon occurs when the spending of a government exceeds that of its financial savings.
2.  The revenue deficit refers to the excess of governments revenue expenditure over revenue receipts.
3.  The revenue receipts come from direct & indirect taxes and also by way of non-tax revenue. Whereas, the revenue expenditure takes place on account of administrative expenses, interest payment, defence expenditure & subsidies.
4.  Budgetary Deficit is the difference between all receipts and expenditure of the government, both revenue and capital.
5.  Fiscal Deficit is a difference between total expenditure (both revenue and capital) and revenue receipts plus certain non-debt capital receipts like recovery of loans, proceeds from disinvestment.
6.  In other words, fiscal deficit is equal to budgetary deficit plus governments market borrowings and liabilities. This concept fully reflects the indebtedness of the government.
7.  Primary deficit is equal to fiscal deficit less interest payments. It indicates the real position of the government finances as it excludes the interest burden of the loans taken in the past.
8.  Monetized Deficit is the sum of the net increase in holdings of treasury bills of the RBI and its contributions to the market borrowing of the government.
9.  In other words monetized deficit is the amount by which fiscal deficit is going to be financed by printing of currency.
10.The increment in money supply due to large scale printing of currency in turn leads to inflation in the economy.
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